Take a look at Airliner World (April 2010, page 37).
There is an interview with Mr. Martin Halstead and at some point they write "...he was made redundant last summer. He quickly landed a
First Officer job for Greek start-up carrier Elite Airlines on the Airbus A320 and completed the type rating course on the aircraft with bmi. However shortly after qualifying the airline failed and once again Martin was forced to seek alternative employment".
What a weird way to say "I gave the money to Capt. Jonathan Curd and now I have no job".
