Aaero Aviation Services, Inc. has Closed as of May 24, 2012.
The following explanation is provided and has been made available for those who are interested in the background and reasons for the above announcement and resulting closure.
For some time now Aaero Aviation Services, Inc. (AAS) has requested the St. Louis Regional Airport Management and Authority (STLRA) to perform maintenance and repair to their buildings in which AAS occupies. The requests were numerous, most originated from the beginning of AAS's usage and occupation and pertain to discrepancies with the facilities provided by STLRA.
STLRA has performed and completed some of the repairs, but has chosen not to complete the more crucial repairs previously agreed to complete.
In January 2010, AAS assumed possession of Hangers 17 & 18 at STLRA. AAS performed numerous renovations to the facilities where the improvements would directly benefit various objectives of AAS. One of the more crucial improvements involved relocating and installing restroom and shower facilities in Hanger 17. STLRA agreed to provide the necessary architectural information for AAS to perform this improvement, more specifically to be in compliance with A.D.A., Madison County building codes, State of Illinois building codes as well as the local jurisdictions involved. The restroom facilities were required to be completed for the facilitation, segregation and use of the fleet aircraft customers and their passengers in which AAS was to be providing supporting ground services.
AAS completed the renovations to 17 at its own expense except for the restroom facilities. AAS opened for operations March of 2010 with STLRA to provide the information for the restroom improvements. AAS never received the agreed to information from STLRA to perform the restroom renovations. After months and months of follow-up and repeated requests for the previously discussed information, here we are today. The fleet customers continued to inquire as to completion of the project as recently as February 2012. AAS continued in its attempts to resolve this topic as well as many legacy topics without any positive movement.
As a result of the above situation, AAS was unable to meet the goals of the Fleet Aircraft Customer or AAS initially identified as well as the loss of the revenue for all effected.
Below is a financial perspective of what the Fleet Aircraft Business interprets into for One Fleet Customer on an Annual basis. AAS landed Two (2) fleet customer accounts at the outset pending the completion of the renovations to Hanger 17. None of these revenues were realized by Aaero Aviation Services, Inc., St. Louis Regional Airport, the local economy or the local taxpayers due to the lack of Architectural Information to install the Restroom and Shower facilities in Hanger 17.
|Annual Revenue Loss per Fleet Customer|
|AAS Gross Revenue Loss per Fleet Customer:||(1,584,151.16)|
|AAS Net Revenue Loss:||(91,250.00)|
|STLRA Revenue Loss:||(32,850.00)|
|Illinois Sales Tax Loss:||(101,557.65)|
|Illinois Lust Tax Loss:||(1,095.00)|
|Federal Excise Tax Loss:||(89,060.00)|
|Federal Oil Spill Tax Loss:||(693.50)|
|IL Environmental Tax Loss:||(2920.00)|
|Delivery Company Truck Service Loss:||(33,306.25)|
|Job Loss, Full Time Positions:||(2)|
In addition to the above, there are numerous open and unresolved maintenance and repair topics yet to be completed by STLRA in Hangers 17 and 18. Several of these repairs render the facilities unusable and/or uninhabitable due to various aspects of the facility conditions, facilities attributes that are not in compliance with current building codes, existing safety hazards, and aspects not meeting the requirements of the Environmental Protection Agency, Federal Aviation Administration, or requirements of the Americans with Disabilities Act.
Aaero Aviation Services, Inc. appreciates the customers who have supported them over the last couple of years and apologizes for any inconveniences not yet occurred by the closing. Regrettably, there is a limit to what can be endured, and that limit has been realized.
Aaero Aviation Services, Inc.