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Old 26th Jun 2008, 14:01
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Lambrettaman
 
Join Date: Oct 2006
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MK Airlines

I do find it amazing that will all the constraints of flying under a UK AOC and CAA compliance that an airline can effectively stop operating for ten days and then start flying again when numerous creditors haven't been paid a bean ! I understand World Fuels are owed over $1 million dollars and yet haven't had the courtesy of a phone call from either MK or the Administrators as to whether they have any chance of seeing any of it being repaid. New money may have been injected into MK but the dynamics of operating B747-200F's does not change the basic business model which is floored when oil is at nearly $140/Barrel. I wish MK luck but you need to sort out ALL your old creditors to have real credability moving forward. Sequals are rarely as good as the original film.
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