PPRuNe Forums - View Single Post - Love Air is back to business !!!
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Old 13th Apr 2002, 07:58
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P.Pilcher
 
Join Date: Jul 2001
Location: U.K.
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I feel for everybody who has bad things to quite rightly say about the management who might be behind the new Love Air. Trouble was that N.H. got an aviation business idea and then when the initial investment started to run out, no more was forthcoming and his attempts to keep his business running under these circumstances were "heroic" to say the least! His last Jetstream venture was similar except that when investors were found, they naturally wanted some form of control over their investment. N.H. was, I understand, not prepared to give up total control so he ran out of money again. However I would say one thing in his favour, and that is that he managed to negociate as a U.K. airline with the French to run a scheduled service from the U.K. into Northern France to link up with French airlines. That must have taken some doing. Unfortunately the old scenario eventually repeated itself leaving, amongst other creditors, a number of young first officers having to take over bonding loans for their J31 type ratings as well as their other debts.

Let's wish the new venture well and if N.H.is behind it, then at least readers of this bulletin board will be forewarned should they consider positions with the new organisation!

Last edited by P.Pilcher; 13th Apr 2002 at 08:04.
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