Could this be a sign that things are beginning to go pear shaped across the FT industry or is it peculiar to Cabair?
I heard a few months back that they had to find £ 1.5M to shore up operations following the Thielert debacle - when you consider Cranfield alone operates 26 x Thielert engines, then there's all the retro-fit PA28's, that's got to be a heavy price tag. Something had to give somewhere.
It is a shame as there are a lot of good people working for Cabair who have put a lot into it.
Good luck to all. I sincerely hope it works out for them.