PPRuNe Forums - View Single Post - Jade Cargo
Thread: Jade Cargo
View Single Post
Old 7th Apr 2012, 07:52
  #109 (permalink)  
skyryder
 
Join Date: Jul 2006
Location: Florida
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Not a lot of facts abound

I was told by a "reliable source" that the employees were paid their March salaries yesterday, about 9-10 days late.
I don't think the question is if if the airplanes will fly again, it is more a question of when. I can't imagine that 6 747-400ERF's that are practically new and registered in China will sit for too much longer. I am less sure that they will still bear the Jade logo.
It is my opinion only, that the transaction to transfer ownership of the company to Unitop has gotten bogged down in the details that were not spelled out in the MOU that was signed.
I was also told that a number of pilots have submitted resignations and either have or will be leaving soon. Given the difficulty of recruiting pilots to come to China, I suspect there are many other Chinese carriers hoping to recruit these pilots to join up.
skyryder is offline