EVERGREEN INTERNATIONAL AVIATION: PRESS RELEASE (with Comment by PHB)
NOTE: Question: How does the closing of their main air cargo arm affect Evergreen's government chemtrail spraying contract? ---PHB
(Nov. 7, 2013)
or Immediate Release
November 8, 2013
Contact:
Evergreen International Aviation
(503) 472-9361
eapublicity@evergreenaviation.com
McMinnville, Oregon -- November 8, 2013
As has been previously reported in the press, Evergreen's business has been adversely impacted over the past several years by decreased demand in military spending and weakness in global economic markets. Management has moved to aggressively address these challenges, including through the divestiture of businesses and assets and the significant reduction of secured debt. Evergreen is in discussions with its significant constituencies and is exploring available strategic alternatives with those constituencies. While Evergreen generally does not comment on market rumor or conjecture, rumors that a decision has been made to cease operations at this time are false. Evergreen remains committed to continuing to address the current business environment with its customers.
-Delford M. Smith
Chief Executive Officer,
Evergreen International Aviation, Inc.
About Evergreen International Aviation, Inc.
Evergreen International Aviation, Inc., through its subsidiaries, provides air freight and aviation services to air carriers, aviation companies, and governmental agencies worldwide. With international operating authority and a network of global offices and affiliates, Evergreen consists of an international cargo airline that owns and operates a fleet of Boeing 747s, an aircraft ground handling company, and an aircraft sales and leasing company. In addition to these endeavors, Evergreen owns and operates Evergreen Agricultural Enterprises and is headquartered near the not-for-profit Evergreen Aviation Museum, home of the Spruce Goose. The company was founded by Delford M. Smith and is based in McMinnville, Oregon. For more information, please visit http://www.evergreenaviation.com
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