Rossair
Thread Starter
Join Date: Oct 2004
Location: Gauteng
Posts: 57
Likes: 0
Received 0 Likes
on
0 Posts
Rossair
Does anyone have any news on the future of this once great company? I have heard (once again I might add) that the banks have finally had enough and are pulling the plug. Is there any truth in this? Rossair has always been a benchmark of sorts and should they go, the tolerance with other operators is surely in jeapordy.....
Join Date: Sep 2004
Location: somewhere south
Posts: 61
Likes: 0
Received 0 Likes
on
0 Posts
Haven't we heard this one all too often something is always on the go at Rossair. I have to correct you they still are a great company in fact they are still the best company around.
Goodluck,
Tt
Goodluck,
Tt
Join Date: Jul 2004
Location: The Republic
Posts: 43
Likes: 0
Received 0 Likes
on
0 Posts
From what I have heard. Rossair Charter are definitiely closing their doors at the end of the month. I am not sure about the contract side. They are apparently going to keep one aircraft with a skeleton staff in order to keep their licences.
The banks can then fight over the scraps.
The banks can then fight over the scraps.
Join Date: Aug 2003
Location: South Africa
Posts: 8
Likes: 0
Received 0 Likes
on
0 Posts
Why in this industry does every one jump to conclusions and try and decide what has to happen to a company before it has actually happened. Guys when Rossair closes its doors and ceases to operate then you know it doesn"t exist, until then Rossair will keep on flying. Last i recall Rossair was Liquidated a year ago...... seems a little strange they are still out there even though they may be struggling. To all those pilots out there that are moaning about S&t's etc, why are you still there , go somewhere else... nobody is holding you back.
Join Date: Nov 2004
Location: Europw
Posts: 8
Likes: 0
Received 0 Likes
on
0 Posts
Orange Aircraft is already online, same people,same aircrafts,same financial capabilities. Does not take too long until the **** hits the fan again.....The dutch press accused and is making Euromanx responsible because of "no pay", The Rest is that Lelystad never managed to install an instrument approach very big LOL
Cheers PIT
Cheers PIT
Join Date: Jul 2003
Location: South of the Sahara
Posts: 70
Likes: 0
Received 0 Likes
on
0 Posts
This forum is after all a rumour network, but it seems that every time Rossair's name pops up people can not wait to put their two cents in and trash the company. All contract companies are in dire straights, rumour has it that NAC closed two of its satellite offices down and all staff in those offices were retrenched. One does not have to be a rocket scientist to realise that most contract companies are scaling back. Only this year saw the demise of Balmoral and Aviation Assistance (a Danish based contract company) - and the way the economy is going they will not be the last aviation companies to close their doors. Until that time let's support what these companies are doing because after all, it is because of them and the incredible South African pilots that NGO's seek contract companies like this.
Undoubtedly, it makes sense that jealousy and emotional assault on Rossair will remain on the table for many months to come; after all, Rossair has increased its number of contracts from 17 (in October 2003) to 28 (in November 2004). Rossair remains the 'supplier of choice' in its area of business focus, as well as the most efficient and effective operator in this arena. As Rossair migrates to a new order (with many more strategic changes expected in the following months) as well as appropriate rightsizing under the new leadership team (carrying so much unwanted baggage of the past), they must remain the best team to back in the Aviation Contract Aid Arena.
Undoubtedly, it makes sense that jealousy and emotional assault on Rossair will remain on the table for many months to come; after all, Rossair has increased its number of contracts from 17 (in October 2003) to 28 (in November 2004). Rossair remains the 'supplier of choice' in its area of business focus, as well as the most efficient and effective operator in this arena. As Rossair migrates to a new order (with many more strategic changes expected in the following months) as well as appropriate rightsizing under the new leadership team (carrying so much unwanted baggage of the past), they must remain the best team to back in the Aviation Contract Aid Arena.
Join Date: Nov 2004
Location: Europw
Posts: 8
Likes: 0
Received 0 Likes
on
0 Posts
@ spiceyou might be right talking about the African Rossair division.
What was mentioned here was Ross Air Europe, and this company is 100 % down the drain.
But , and this is what might annoy the majority of creditors left behind, the same people opened up an new enterprise a day or two later, fully JAR / EASA approved, and continue there dubious business practics.
Even Rossair Africa in under control of the Bank of Lanseria.
Cheers
pit
Join Date: Jul 2003
Location: South of the Sahara
Posts: 70
Likes: 0
Received 0 Likes
on
0 Posts
Hey Pit,
I agree with you on the Rossair Europe issue, the thing is that Rossair Europe ceased being part of the Rossair stable a long time ago and they were 100% down the drain then, can't understand how it took so long for them to finally pull the plug and even though they have started under another name with same people etc. - it will be interesting to see how the same Management does with this company. Time will tell I guess!
Cheers
I agree with you on the Rossair Europe issue, the thing is that Rossair Europe ceased being part of the Rossair stable a long time ago and they were 100% down the drain then, can't understand how it took so long for them to finally pull the plug and even though they have started under another name with same people etc. - it will be interesting to see how the same Management does with this company. Time will tell I guess!
Cheers
Join Date: Nov 2004
Location: Europw
Posts: 8
Likes: 0
Received 0 Likes
on
0 Posts
Spice,
it is obvious, that the Dutch CAA has a complete different understanding of the JAR Requirements, compared to the Rest of Europe.
Those operators who are afraid of the new East European, but community members, and their respective standards should rather pay attention what happens next door.
I know what time will tell us, in view to the future of Orange.....
Cheers Pit
it is obvious, that the Dutch CAA has a complete different understanding of the JAR Requirements, compared to the Rest of Europe.
Those operators who are afraid of the new East European, but community members, and their respective standards should rather pay attention what happens next door.
I know what time will tell us, in view to the future of Orange.....
Cheers Pit
Join Date: Sep 2004
Location: europe
Posts: 12
Likes: 0
Received 0 Likes
on
0 Posts
pit-pitty
What do you have against Rossair Europe??
Pls/ let me remind you that the people wo are working there have been doing an outstanding job, with nearly no money.
It is said that there bosses have not been aible to recover from mistakes from the past by the former bosses.
Pls respect there effort?
What do you have against Rossair Europe??
Pls/ let me remind you that the people wo are working there have been doing an outstanding job, with nearly no money.
It is said that there bosses have not been aible to recover from mistakes from the past by the former bosses.
Pls respect there effort?
Join Date: Feb 2002
Location: Alpha Beta
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
If I may return to the Rossair RSA topic raised by Fliterisk?
Spice - your defensive attitude towards this Rossair thread is somewhat amusing.
As you said yourself, this is a rumour network, and Rossair happens to feature quite predominately in current aviation rumours.
Rossair's alleged predicament leads to a great deal of interest amongst the aviation community, because it is such a big name.
There are no doubts being thrown on the abilities of the current staff, crew or management. Certainly Rossair has proved itself to be a leading contract company and no one is disputing that.
People are showing an interest in the potential rise or fall of this company not as a personal attack on yourself, and speculation does not amount to 'trashing the company'.
Justifying Rossair's financial issues by comparing them to problems other operators are facing, is not entirely constructive.
Perhaps that could be considered as trashing NAC??
Allow us to explore this thread in peace.
Spice - your defensive attitude towards this Rossair thread is somewhat amusing.
As you said yourself, this is a rumour network, and Rossair happens to feature quite predominately in current aviation rumours.
Rossair's alleged predicament leads to a great deal of interest amongst the aviation community, because it is such a big name.
There are no doubts being thrown on the abilities of the current staff, crew or management. Certainly Rossair has proved itself to be a leading contract company and no one is disputing that.
People are showing an interest in the potential rise or fall of this company not as a personal attack on yourself, and speculation does not amount to 'trashing the company'.
Justifying Rossair's financial issues by comparing them to problems other operators are facing, is not entirely constructive.
Perhaps that could be considered as trashing NAC??
Allow us to explore this thread in peace.
Thread Starter
Join Date: Oct 2004
Location: Gauteng
Posts: 57
Likes: 0
Received 0 Likes
on
0 Posts
Something I find mildly amusing and sometimes irritating is the defensive nature of posters. Surely "Spice" no one was accusing Rossair management of anything, but merely pointing out the fact that the company is in @#$@#$%.
So, here's what I hear... sureties were signed for Rossair contracts which essentially were also in someway linked to charter. Nett result is that charter is bearing the brunt of financial pressure on contracts(not mis management) due to a re-allocation of resources from charter to paying bills in contracts.
Not enough money is being put back into charter and now this too is suffering - as they says this is a rumour network so bearing that in mind... maintenance, repairs etc.
While I believe that things have turned around in terms of new contracts, the problem is the USD/Rand thing. Its not in managements control anymore!!! I also heard that the banks saw R6 to the Dollar as their minimum. This point has come and gone and Rossair seems to be hanging on. Now I hear often that they are going to pull the plug so hence my posting as I heard it once again.
The concern is that I believe that once the plug is pulled on a company like Rossair, banks tend to scramble and grab whatever they can. The house of cards would come tumbling down and there are at least 4 or 5 company's in Lanseria who may find themselves as the recipients of an assets grab. I dont think anyone wants to see that Spice and we are not accusing management of......... mismanagement!
So, here's what I hear... sureties were signed for Rossair contracts which essentially were also in someway linked to charter. Nett result is that charter is bearing the brunt of financial pressure on contracts(not mis management) due to a re-allocation of resources from charter to paying bills in contracts.
Not enough money is being put back into charter and now this too is suffering - as they says this is a rumour network so bearing that in mind... maintenance, repairs etc.
While I believe that things have turned around in terms of new contracts, the problem is the USD/Rand thing. Its not in managements control anymore!!! I also heard that the banks saw R6 to the Dollar as their minimum. This point has come and gone and Rossair seems to be hanging on. Now I hear often that they are going to pull the plug so hence my posting as I heard it once again.
The concern is that I believe that once the plug is pulled on a company like Rossair, banks tend to scramble and grab whatever they can. The house of cards would come tumbling down and there are at least 4 or 5 company's in Lanseria who may find themselves as the recipients of an assets grab. I dont think anyone wants to see that Spice and we are not accusing management of......... mismanagement!
Join Date: Dec 2004
Location: Where they send me
Posts: 114
Likes: 0
Received 0 Likes
on
0 Posts
Rumour is that Rossair workshops is going to be liquidated sometime in February, along with Contracts. This comes from their own engineers. Probably also going to take charter down with them. What a sad end to a once glorious company!! Heard Red Cross is already contacting operators to take over some Rossair contracts. Hope I'm wrong but this info from very reliable sources.
Join Date: Jan 2004
Location: Europe; Asia; Middle East
Posts: 25
Likes: 0
Received 0 Likes
on
0 Posts
SPICE
Tedstrike is right. Stand down son. Its an interesting story to follow and thats all. Nothing wrong with being proud but remember that others are proud of where they work.
P.S. BalmOral still lives..........
Tedstrike is right. Stand down son. Its an interesting story to follow and thats all. Nothing wrong with being proud but remember that others are proud of where they work.
P.S. BalmOral still lives..........
Join Date: Sep 2004
Location: somewhere south
Posts: 61
Likes: 0
Received 0 Likes
on
0 Posts
Okay Folks, So whats going on with Rossair ?Anyone heard anything else ?
We are still waiting for that interesting story to follow...
P.S. AT THIS STAGE ROSSAIR STILL LIVES.......
We are still waiting for that interesting story to follow...
P.S. AT THIS STAGE ROSSAIR STILL LIVES.......
Join Date: Jul 2004
Location: ZA
Posts: 56
Likes: 0
Received 0 Likes
on
0 Posts
Last I heard was that application for voluntary liquidation might be made soon, but that a White Knight was en route at a fast gallop. Possibly one of the existing management team behind the armour? Let's keep our fingers crossed that Rossair will survive and get back to financial health during 2005.