PPRuNe Forums - View Single Post - Ozjet's final landing
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Old 14th Jun 2009, 10:36
  #145 (permalink)  
Torres
 
Join Date: Jan 1999
Location: Queensland
Posts: 2,422
Received 8 Likes on 4 Posts
Stratigic have done a deal to buy OZ Jet and pay full staff entitlements on 26 June. Should the staff vote for the deed full payment ( including redund $ ) will be immediate and re hiring will start the following week . If the staff vote the deed down no payout or jobs for the staff and staff will have to wait many months for GEARS payments.
I presume Heavy Cargo, that you have the Administrator's authority to speak on his behalf and that the Administrator will be making full disclosure of the proposed sale in his next report to Creditors, including a guarantee of full settlement of all staff entitlements?

Or is this an un-authorised statement relative to what is on your personal wish list?

No a hard call ???????????
No, not if it came from an authorised officer of the company, such as the Administrator. How much integrity the statement has coming from an ex Director, is no doubt a matter for conjecture.

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