It would be post Gulf War One that PIK accepted some refugees from approved schools
Trent@Cranfield, and Seacoats@Lydd.
As BAe could afford to do so [after all the College was just petty cash in the great scheme of the PLC] their ex customers were accepted at ‘Cost Price’.
Seacoats has been subject to a CAA inspection, with a restriction of not accepting future customers until they improved. That finished them off. They folded with their only asset being a photocopier I believe?
I think Trent closed with significant customers pre payments which were not refunded...??
What aviation is facing now is an order of magnitude greater than previous world events.
Recover will occur, have no doubt about that.
The essential ingredient is public confidence.
Last edited by parkfell; 14th Jul 2020 at 06:15.
Reason: added final sentence