Nick Popovich is a repo man, but not of cars. If an individual, or a company, falls too far behind on their airplane payments, the bank may call Popovich to bring back the bird. He's the proprietor of Sage-Popovich, whose repo pilots have repossessed some 1,200 planes. From Air & Space Magazine:
In Russia and Colombia, where foreigners can be kidnapped, the company rolls with bodyguards. The extra muscle is strictly for self-defense, however. If repo resistance escalates to the physical, “you just have to walk away,” Popovich says."Grab the Airplane and Go"
Well, he says that now. During a repo in the mid-1980s, both sides got physical. A U.S. financier had hired Popovich to snatch a Boeing 720 from a tour operator in Haiti who was in default. Though the aircraft had a book value of only $600,000, an airport manager refused to release it unless a million dollars was deposited in a Swiss bank account. Having made arrangements with an entrepreneurial Port-au-Prince airport employee, Nick showed up around midnight with an air starter (720s lack an onboard auxiliary power unit to start engines). The field had been closed for hours when the team fired up the big turbofans. As he began adding power, Popovich says, “I saw the first tracer rounds streak over the top of the airplane.”
He veered to a stop and Haitian troops swarmed the airplane, bayonetting fuel cells in the wings. “I got out and shoved one of them,” Nick says with a sigh. “The rest of them beat the hell out of me and threw me into the national penitentiary in downtown Port-au-Prince. A dirt-floor cell with no roof and 35 people in it.” In addition to the million-buck drop in Switzerland, the Haitians wanted $150,000 to release Popovich. “The American embassy did nothing for me,” he grumbles. A week later, however, the regime of dictator Jean-Claude “Baby Doc” Duvalier collapsed. The prison gates were thrown open. “Everyone ran out into the street,” Nick laughs. “But that plane is still down there today. The only commercial aircraft that got away from us.”
When estimating his net worth, Pepe the Cheeto is apt to include a multibillion dollar valuation for the “Trump” brand-name; but new Trump Hotels will be called “Scion” hotels, “a nod to the Trump family and to the tremendous success it has had with its businesses, including Trump Hotels, while allowing for a clear distinction […]
Facebook — which accounts for as much as 75% of the traffic to popular websites — tweaked its algorithm to downrank those same publishers, who had been engaged in an arms-race to dominate Facebook users’ feeds through techniques intended to gain high rank in Facebook’s secret scoring system.
Update: According to The Verge, Facebook has verified the authenticity of the screenshot below. In what appears to be an internal Facebook post, Zuckerberg defends his company’s ongoing association with Peter Thiel — Facebook investor/board member and major donor to white-supremacist/pro-rape presidential candidate Donald Trump.
Nothing is more frustrating than needing to edit or sign a PDF and not having access to the original document. That’s why PDFpenPRO is a must-have app in our books.With this extremely useful app, you can merge, markup, and create PDF documents without ever having to convert your PDFs into word processor file formats. Type directly onto […]
From self-driving cars to stock market predicting software to the recommendations you get on Amazon and Netflix, machine learning is at the core of modern technology. You could find yourself building technology that is literally changing the world with the skills you’ll learn in The Complete Machine Learning Bundle. This bundle of 10 courses includes 406 lessons that will teach […]
This Python Mega Course will help you learn to code by teaching you to build 10 real-world apps that each highlight a unique use of Python.Job prospects for coders are still growing steadily—and with Python being one of the most popular coding languages out there today, it’s important for job seekers to demonstrate a widespread understanding of the […]