Airline responds to objection by ‘competitor’

VIENNA — Aerodynamics Inc., the airline proposing daily flights between Youngstown-Warren Regional Airport and Chicago O’Hare International as early as this April, responded Wednesday to an objection filed by “a competitor.”

The objection said Aerodynamics Inc. (ADI) and its new owners, Portland, Ore., real-estate developer John Beardsley and his wife, Janet, were in default on a $400,000 promissory note to James Paquette of Via Airlines.

The response contains a Tuesday emailed letter from ADI saying the company would be sending payment that day in excess of $410,000 to pay the remaining principal balance, interest and late fees on the $400,000 note to Paquette.

The objection said ADI failed to make $8,766 payments in August, September, October and November.

ADI’s response said the objection is “moot because the note has been paid in full,” adding that the objection also was “a misguided effort by a competitor of ADI to retaliate against ADI.”

For the complete story, read Friday's Vindicator and Vindy.com