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Thread: Chauffair sold?
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Old 24th May 2002, 07:42
  #15 (permalink)  
Daifly
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Talking

It's good to see you're not bitter Incipient Spin...

It's a strange one though. Only one of the aircraft, the 800, is RVSM'd and GPWS'd, the others, of which there are what, seven?, aren't. To get them all public transport-able again needs anything up to $150,000 per aircraft spending.

PWC are seeking prices for the aircraft way in excess of the market value for Private Cat. aircraft, which is what they are until the upgrades are completed, so why would you spend all the money doing that when there are cheaper aircraft available in the States.

The company's momentum has gone, the clients have gone off with the various Ops people to their new companies. Why take on such a challenge at such a time in the industry?

I was told by one of TAG's senior people, and I mean SENIOR, that it was a European operator - hence my post. WS, I seem to recall, has some involvement on the continent? I might be wrong.

Anyway, off to study for my ATPL's, just like Incipient Spin - my industry advisor...

Last edited by Daifly; 24th May 2002 at 07:51.