PPRuNe Forums - View Single Post - East Anglian Air Ambulance temporarily grounded/Longmint status
Old 13th Aug 2011, 08:24
  #539 (permalink)  
Ye Olde Pilot
 
Join Date: Apr 2006
Location: Sussex and Asia
Posts: 334
Likes: 0
Received 0 Likes on 0 Posts
According to a story this am in the Eastern Daily Press there will be no buyer for Sterling.

Liquidator Mr Howard said that debt and financing arrangements for the aircraft made it unlikely a buyer would be easily found - though other assets were attracting possible buyers.

“There’s been quite a lot of genuine interest,” Mr Howard said.

“The hangar and the offices have proved very interesting to people and there are lots of lines of inquiry. It was a purpose built premises that’s ready to go.

“As regards the aircraft, I doubt that we’ll be able able to sell those easily, if at all. But all of the associated kit and equipment has also attracted quite a bit of interest.

“It won’t be a turn-key sale - you won’t get someone suddenly flying aircraft next week - it will be a break-up.”
Liquidator
Ye Olde Pilot is offline