PPRuNe Forums - View Single Post - Good business or plain devious underhandedness
Old 18th Jun 2007, 05:14
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kimwestt
 
Join Date: May 2004
Location: East of YRTI
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the wizard of auz

It does sound very much like an ex YSBK / YMND based operator who did all the above. End result - went broke - cost people their livelihoods, etc, etc, etc.... A company I know bought an aircraft back off him towards the end, and I know for a fact, that they had to spend in excess of $40k, just to get it back in the air.
Makes a mockery of CASA's publicly stated intent to oversee the financial conduct of an operator, to ensure that the aforesaid business will survive on its own merits.
The tragedy of these practices is that an operator of the ilk you mention, can do irrepairable damage to parts of the industry they are associated with whilst they remain in business.
He needs a furniture van backed up his driveway!!!!!!!!
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