PPRuNe Forums - View Single Post - Jetcraft in Voluntary Administration
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Old 16th Dec 2007, 22:23
  #35 (permalink)  
Socket
 
Join Date: Oct 2007
Location: Over the Rainbow
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To Jimistar

To Jimistar who has chosen not to recieve replys to his vitriolic PM's.

I wasnt scaremongering, it is a fact. I know, I have been screwed by administrators myself. If you want to stick your head in the sand go ahead. Others might be glad of a heads up on the undeniable trend of airlines ( and in fact all types of aviation company) in australia going from administration to liquidation in quick order. Of course administrators will give a rosey picture of the future. They want everyone to keep working to maintain what value is left in the company and pick the brains of staff for information on disposition of assets etc, BEFORE SELLING IT.

Can you give me any examples of recovery?
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