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I am not sure where we are going with this one but while it is important that no one abuses pprune and the people that are involved in running it, my understanding is that flagging up the downside of fto's and their financial plight will only serve to save people like me from losing money in the long run. This latest thread about sft is just a post mortem and the above statement is i would guess has more to do with the promotion of the new fto run by the management of sft. Poor old cheshire cat does seem to get herself into a lot of scrapes, what is interesting though is that how could defunct company possibly mount any legal challenges about defamortory remarks.
Finally just to add my tuppence worth to pick up on one of her points I do recall receiving promotional material from sft regarding one of their open days and the fact if you payment money upfront you would get a substancial discount this not too long before the rug was pulled. Nobody likes to see a company go down and i think at the more i learn about sft it is quite apparent they had an excellent product backed up by very good instructors and above average results but i do feel that the caa should perhaps take a more resposible roll within the industry and ultimateley they have the powerbase.