I really like the version with the Eage - that's the way we like to see the logo. The font could be bigger (or maybe split in "Austrian" above the circle and "Aerobatic Team" inside the circle on the other hand we like it this way.Looks very dramatic.
Thanks for the ranking mate sorry it took so long in getting back to you out on location today, will make the changes you requested ASAP and load them let me know what you think.