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Old 10th Jul 2006, 11:28
  #545 (permalink)  
EI-CGO
 
Join Date: Aug 2003
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Originally Posted by JUSTWANTTOFLY
Quote - 'Restructuring' to KPMG means selling to the highest bidder, that is all'.

So the highest bidder and KPMG are not that interested in the availability of Crews? I wonder why?

Check KPMG site later today?
Unfortunately the massive expense that is entailed in putting some of the aircraft back in the sky has scared many of the potential bidders away, for that the blame solely lies with the Accountable Manager of JEM.

Several potential buyers HAVE spoken to crews, but how can you offer someone a job when the aircraft you are buying may not fly for 4 months ?

One operator based in the Gatwick area HAD plans to put a good few aircraft back into the sky both HS748 and SD3-60, but that was killed by the expense of the project, and indeed the on-going bun fight over who owns what, (i.e props, engines etc etc) that arguement could go on for months, if not years. As a result many of the aircraft will be scrapped or I suspect if the only credible deal now left on the table goes through, will fly overseas.
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