IMG

Maybe it is a good time to look at IMG's initial recommendations from their $100,000 report:

1. USA3000 http://www.usa3000.com
2. Sun Country http://www.suncountry.com
3. Frontier Airlines http://www.frontierairlines.com
4. Cape Air http://wwwflycapeair.com
5. Hooters http://www.hootersair.com
6. SunShip1 http://www.sunship1.com
7. Vacation Express http://www.vacationexpress.com

Since the release of the IMG report we have paid them an additional $104,765 to help recruit an airline. One must assume that IMG would target their own recommnedations. SunShip1 and Hooter are out of business. No way do I see Frontier or SunCountry coming to the East Coast. Cape Air would have wanted the summer markets.

That leaves us with two potential possibilities--USA3000 and Vacation Express from the initial list of recommendations. These two would want the peak winter months starting in Nov/Dec and would need at least 60 days to get up and running. In other words we need to have one of them committed by September.

Bottom line is that we have paid alot of monies to IMG and their time to produce is now. If you are wondering about other carriers like JetBlue, Mesa, Skybus or Linear, 349 days to the end of the current operating agreement with MassPort and we have no idea to status of any negotiations with any airlines.