Adagold are indeed quite reputable brokers. They do not own or operate aircraft in their own right. Recently they became embroiled in a bad deal with a very shonky Australian operator run by a total Walter Mitty character and funded by a father-in-law with more money than brains. These peanuts promised Adagold an aircraft and crews for a contract out of Denmark. For various reasons ranging from overspending to corporate misconduct, it was doomed before it started because Sky Air was already going under.
But Adagold themselves are reputable. Unfortunately on this occasion they got sucked in and may have suffered some loss of credibility as a result. They really needed some independent technical advice before embarking on something as ambitious as this contract. Technical advice was thick on the ground at Sky Air but it was the wrong sort.
I believe that Adagold have distanced themselves totally from the former Directors and Management of Sky Air World. This company is now under administration and is almost certainly about to go into liquidation.
For all the dirt on this go to the Dunnunda section and look at the Sky Air World thread.
Last edited by Mach E Avelli; 28th March 2009 at 22:06.
Reason: addition