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.”
Vtech is a ubiquitous Hong Kong-based electronic toy company whose kiddy tablets and other devices are designed to work with its cloud service, which requires parents to set up accounts for their kids. 4.8 million of those accounts just breached, leaking a huge amount of potentially compromising information, from kids’ birthdays and home addresses to […]
The new Raspberry Pi Zero is a $5 general purpose computer, manufactured in Wales, with more power than a 1980s personal computer.
BMG Rights Management and Round Hill Music. has been trying to enlist Cox Cable as an accomplice in a copyright trolling scheme, demanding that the company pass on copyright infringement notices that accuse users of downloading music and order them to pay large sums of music or face punishing lawsuits.
This minimalist multi-tool will see to it that instead of rocking a tool belt, you’ll carry just one. It’s shaped slightly like a key and weighs less than an ounce, so it plays nice with your keychain. The strong surgical-grade stainless steel blade will last, and is handy for everyday tasks like opening boxes and […]
The Code Black is our top-selling drone of all time—and for good reason. This powerful, palm-size drone is not only insanely fun to fly, but can capture some serious video footage from up above. With a flight time of about 10 minutes and an ultra-smooth ride, it’s a great introductory drone for anyone looking to […]
Don’t get handcuffed by Apple’s standard 3-foot Lightning cord (that you’ve most likely already lost), treat yourself to 10 feet of luxurious charging convenience. The Colossal is certified by Apple for its high-end quality, and designed to support full use of your phone while you power up. You can also get it in a 2-pack […]