Monday, 13 June 2011

ABC Puts AeroMechanical on International Stage

AeroMechanical Services Ltd. (TSX:V-AMA)
Basic Shares: 118.58 million
Fully Diluted: 134.33 million

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AeroMechanical (AMA) had a noteworthy day after ABC News did a lengthy story on AMA's abilities to increase passenger and crew safety in the wake of the Air France tragedy two years ago.

That accident saw all souls on board - 228 - perish when AF447 fell out of the stormy, midnight skies over the Atlantic Ocean.

To read the full June 13th ABC article, please click here.

We raise one point to note while reading the otherwise excellent story.

ABC states that the doomed aircraft broadcast an automated message before the flight failed but it took six hours before anyone at Air France headquarters acted on the message.

An interim accident investigation report states Air France first got wind of a problem roughly two hours after AF447 hit the ocean and that an international emergency by an independent body was not declared until six hours after the accident.