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To: Joe Copia who wrote (51055)6/13/2000 9:06:00 AM
From: john  Read Replies (1) | Respond to of 150070
 
OT anyone wanna fly Alaska Airlines, wow?

MECHANIC JOHN LIOTINE told ?Dateline NBC? he ordered a new jackscrew after inspecting the old one and determining it was worn down. His inspection occured in September 1997, he said, over two years before Alaska Flight 261 crashed off the California coast. Despite his request, Liotine maintains, the replacement never occurred.
The airline responded that it re-inspected the part Liotine flagged and found it to be well within safety limits. The crash happened three months before the jackscrew on Flight 261 was set to be re-inspected. In a statement, they said Liotine?s recommendation was ?was incorrect according to the approved procedures that were in place.?
Liotine also said he noted numerous other safety violations, including falsified maintenance records, and alerted the Federal Aviation Administration in 1998.
FAA documents show that six mechanics at the facility in Oakland, Calif., where Liotine worked, either falsified maintenance records or violated regulations. Two planes they worked on had flown 844 times in ?unairworthy? condition, according to the FAA.
Liotine claimed he once grounded a plane because of a defect in its engine, only to have a supervisor order the aircraft back into service 15 minutes later. Moreover, he claims that Alaska Airlines told him he would be fired if he publicly revealed any of his claims.



To: Joe Copia who wrote (51055)6/13/2000 9:37:00 AM
From: Tom Allinder  Respond to of 150070
 
DALLAS, June 13 /PRNewswire/ -- Ameri-First Financial Group (OTC Bulletin Board: AMFR - news), announces its newly formed real estate division, the Ameri-First Realty Group, has entered into a binding purchase agreement to acquire 5 Homegate Studios and Suites throughout the State of Texas. The following 5 locations will be included in this purchase: Amarillo, El Paso, Irving, San Antonio - Airport, San Antonio - Fiesta Texas. The audited properties after accumulated depreciation have a current book value in excess of $34 Million and generate over $2,600,000 in net operating income. The properties were purchased for 4,500,000 shares of AMFR Rule 144 stock, $500,000 in cash, and the assumption of debt of approximately $17,600,000.

This acquisition is one of many planned by the Ameri-First Realty Group, Inc. The current management of the Homegate Chain has signed a two-year management contract for all Hotels purchased at a rate of 4% of revenues. This contract is expected to be extended to all future purchases. Company Chairman and CEO, Jeffrey C. Bruteyn, expressed enthusiasm and stated, ``This acquisition enables Ameri-First Financial Group, Inc. to enter into the lucrative field of real estate management and finance, in addition to giving our company the extra assets it currently needs to facilitate our Nasdaq NMS Filing.