Florida Air, in case you have had your head stuck in the sand, or somewhere else, for 4 months, some news for you. On September 11th some people destroyed the twin towers of the World Trade Centre with hijacked airliners. That is since I wrote those words. It drastically changed the flying training environment. The next course due to start at SFT dropped from 17 (about twice our break even figure on the groundschool, the less profitable side, so very healthy) to 3. You are quoting what I said in August, statements which were true at the time to the best of my knowledge. Did you really think that what was true in August was relevant on 12th September?
I have no idea what is happening with Florida Air, as I never had anything to do with them.
Sensible
You may know something about company law that Oxford University Press's experts don't. If so tell us.
Where do you get your information that students will not recover any money? Though I never said they would, the administrators opinion is that a little will be recovered. That is why the distinction between administration and liquidation is important, as more is likely to be recovered, and it is more likely that students will get a fraction of their money back.
Ham Phisted
I thought the distinction irrelevant (except to us who were affected) until this thread was started. If the recovered company is to be a success there has to be a fair view of it as a business. The more ill-informed speculation here is not a fair view
I doubt I will inflame the majority of those who lost money. I know many of them well, as friends and as students. Most have been very supportive, and do not have the negative opinion of SFT you might expect. I can't see one critic here who claimed to have been a student of SFT, or even claims any association or source of information. My source of information is (indirectly) the administrator. I am not "behind", as none of the attacks on my posts are even factually correct, so none are valid.
All
Do none of you have the patience to wait until the sale is announced, or not as the case may be? The timetable was for signing the contract last week, so if the sale went as planned the announcement should be tomorrow, not far away. Then instead of wild speculation and uninformed guesswork, someone could post the facts. That'd be a change, wouldn't it?