PPRuNe Forums - View Single Post - O'Connor Airlines in administration
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Old 23rd Nov 2007, 04:28
  #15 (permalink)  
Capt Wally
 
Join Date: Sep 2006
Location: Melbourne
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..........like someone said here, perhaps a sign of times to come. What is interesting (to me that is ) is the fact that they are/where $4 to $5 Mill in debt to creditors..............hmmmmmmmmmmmm somebody at the management knew this was a problem & got help via the administrators, getting that far in debt shows other underlying problems, there's the sign of the times sadly:-(
Rex to the resuce !!!!!!!!.....God the management in that Co. must have awfully soft beds to sleep in !!

O'Connor Airlines, part of Aussie aviation history.

Capt Wally:-)
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