PPRuNe Forums - View Single Post - Northern Air Services
View Single Post
Old 14th Jul 2002, 07:57
  #5 (permalink)  
Mainframe

Check Attitude
 
Join Date: Nov 2001
Location: Queensland, Australia
Posts: 476
Likes: 0
Received 0 Likes on 0 Posts
Sue, the business was and is profitable but was supporting affiliated unprofitable companies. It was placed in voluntary administration and the hatchet guys went beserk (same ones who wrapped up UZU) . Barrier will make a good fist of it and get on with growing the business.
Mainframe is offline