How can you protect yourself or your employer from the fate of Avantair's program participants? Begin with due diligence. “The structure of Avantair was very unusual in terms of their customer contracts and their capacity to deal with the situation they ultimately wound up in,” said Mike Riegel, president of Aviation IQ, a California-based consultancy. “Their contracts do not guarantee liquidity. All the major providers do. So this is obviously something to look at when considering a ...


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