PPRuNe Forums - View Single Post - SKYAIRWORLD: Management to take "Leave?
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Old 13th Mar 2009, 07:04
  #164 (permalink)  
tail wheel
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Join Date: Jan 1996
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From my earlier post:

Company in external administration:
SKY AIR WORLD PTY LIMITED
Status ** UNDER EXTERNAL ADMINISTRATION and/or CONTROLLER APPOINTED **

No change of status:
SKY AIR WORLD CAPITAL PTY LTD
SKY AIR WORLD HOLDING PTY LIMITED
SKY AIR WORLD INTERNATIONAL PTY LTD
SKY AIR WORLD (SOLOMON ISLANDS) PTY LTD
SKY AIR WORLD EAST TIMOR PTY LTD

I suggested the following companies may also be related entities:
SKY AIR SERVICES (INTERNATIONAL) PTY LTD
SKY AIR LOGISTICS PTY LTD (Now JOINT LOGISTICS PTY LTD)
SKY AIR INVESTMENTS PTY. LTD.

Post # 158 from SPF suggests SKY AIR SERVICES (INTERNATIONAL) PTY LTD (previous name SKY AIR CREWING PTY LTD) may not be a related entity and that may well be the case.

The relationship, and in particular any inter company loans and guarantees between those companies above whose name starts with "SKY AIR WORLD" may be very interesting, especially if one of them is a party to recent acquisition of resorts........

From the CASA web site, the AOC is held by:
SKY AIR WORLD PTY LIMITED
PO Box 1455
EAGLE FARM QLD 4009
AUSTRALIA

So I guess any future flying operations are now at the discretion of the Administrators, not the Directors.

I feel for the boys and girls out there who are now out of pocket in very difficult times. Their wait for payment could be a very long time, if at all.
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