MK Airlines/British Global
Join Date: Apr 2006
Location: DisneyLux SARL
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RE: MK must survive.
I could not agree more. MK as a customer have paid on time every time with us and I really hope they see the other side of the current situation. I am sure Mr Kruger has one last roll of the dice up his sleeve.
Join Date: Mar 2008
Location: UK
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742f – I’m sure there are far more “with” you guys and girls than “against”. Anyone who has met any of you properly will, and I’ll be so bold as to say, without exception, have the utmost respect for what you do – and where you do it quite often (ooo, er?!) – the more remote areas of the Dark Continent I mean! As well as across the rest of the globe!!!!
Coleman Myers summed up many of those against you in his eloquent Post #18 on this thread so I’ll say no more.
Here is to some good news for all at MK – ASAP!
Oh yes, I almost forgot - "MK ... not for sissy's" .. Guess we could expand that to “MK’s for hard-working, dedicated and fun-loving professionals!”
Go MK, go!!!!!!!!!!!
Coleman Myers summed up many of those against you in his eloquent Post #18 on this thread so I’ll say no more.
Here is to some good news for all at MK – ASAP!
Oh yes, I almost forgot - "MK ... not for sissy's" .. Guess we could expand that to “MK’s for hard-working, dedicated and fun-loving professionals!”
Go MK, go!!!!!!!!!!!
Join Date: Jun 2002
Location: tracy island
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a small insight into mk - even last week while the fleet was grounded and the future uncertain they openly shared information on some operational issues
for a carrier picking up the slack by the africa void left ..very hard to do but very professional..hope things work out
for a carrier picking up the slack by the africa void left ..very hard to do but very professional..hope things work out
Join Date: Jul 2003
Location: Ostend Belgium
Age: 73
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Hi Charlie
Yes the 3 Queen of the Skies on apron 1 are indeed MK birds.
G-MKBA / G-MKGA are in full colours and G-MKHA still in ex China c/s.
It is a very impressive view to see them together, but it is with great sadness I see the birds standing there on apron 1. Let's hope they move quickly back to where they belong : the skies over Africa, Europe, Asia and South America.
We hope for the best, so that we see at EBOS that the hard-working, dedicated and fun-loving professionals of MK manage to survive for the benifit of a great company and also for the Ostend Airport.
Goodluck guys.
B. Rgds
Michel
Today, 19h00 Ostend airport, I saw 3 parked B747's next to each other. 2 had MK livery, 1 had non-descript livery. I'm assuming the latter is also an MK aircraft?
G-MKBA / G-MKGA are in full colours and G-MKHA still in ex China c/s.
It is a very impressive view to see them together, but it is with great sadness I see the birds standing there on apron 1. Let's hope they move quickly back to where they belong : the skies over Africa, Europe, Asia and South America.
We hope for the best, so that we see at EBOS that the hard-working, dedicated and fun-loving professionals of MK manage to survive for the benifit of a great company and also for the Ostend Airport.
Goodluck guys.
B. Rgds
Michel
Join Date: Apr 2003
Location: MAN/Wherever
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"Saw an MK 747 in Luxembourg tonight outside the Cargolux hangar that I did not notice while passing this morning. Its sitting beside the Focus 747"
No, It's sitting besides the Air Atlanta 747
Ex Focus Air now TF-AAA
No, It's sitting besides the Air Atlanta 747
Ex Focus Air now TF-AAA
Join Date: Jun 2002
Location: uk
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landing for free
Hydroplane
The only time one lands for free
1)Gov contract
2)Free BJ's
3)Choc's-I don't think so
We have all been in this game long enough to know there is nothing for free..............
The only time one lands for free
1)Gov contract
2)Free BJ's
3)Choc's-I don't think so
We have all been in this game long enough to know there is nothing for free..............
Join Date: Oct 2006
Location: Ostend
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The unbearable mystery of pit stops (at EBOS)
Dear DXB,
BJ’s or no BJ’s, chocolates or no chocolates, the mystery of the remarkable lightness of ACE AC is unanswered! How can the afford unnecessary stops… were others (MK) can’t? I’ m puzzled
.
Rgrds,
BJ’s or no BJ’s, chocolates or no chocolates, the mystery of the remarkable lightness of ACE AC is unanswered! How can the afford unnecessary stops… were others (MK) can’t? I’ m puzzled
.Rgrds,
Join Date: Jun 2002
Location: uk
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Mystery
This being organised at a very high level, we are just the drivers..........
On Another note,a week ago my ph would not stop ringing with a number of MK guy's looking for a slot with us.For the last 5 days all not a call?.................Is there good news brewing?
I hope so
On Another note,a week ago my ph would not stop ringing with a number of MK guy's looking for a slot with us.For the last 5 days all not a call?.................Is there good news brewing?
I hope so
Join Date: May 2008
Location: cape
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notwithstanding all the support from people outside of our beloved mk airlines and of course those from within, I for one plan to start looking for work elsewhere!
mk is under administration- this is generally not a good thing, and the purpose of an administration is one of only 3 things:
1.to rescue a company as a going concern
2.achieve a better price for the company’s assets or otherwise realise their value more favourably for the creditors as a whole than would be likely if the company were wound up (without first being in administration); or
3.in certain circumstances, realise the value of property in order to make a distribution to one or more preferential creditors
No later than 8 weeks after the company enters administration, the administrator must make a statement setting out proposals for achieving the purpose of the administration or explaining why they cannot be achieved. The proposals may include a voluntary arrangement or a compromise or arrangement with creditors or members.
Perhaps I am wrong, but mathematically based on the above, MK has a 33.3% chance of survival, and I most certainly hope they do- however; am I the only employee who is wondering at the purpose of what appears to be "delaying tactics" from management in all company related comms to it's flight crew?
If, for example, in 8 weeks MK is granted a reprieve and flying resumes or if it happens to be longer (as this 8 week period can be extended subject to applications and approvals), where would MK be then with no remaining flight crew?
It seems to me that it would be in the companies best interest to apply the mushroom theory to its crew-ie. keep us in the dark and feed us B.S!
Pessimistic? Perhaps.
Pragmatic? I would prefer to think so.
MK is a great airline to work for and like everything is not perfect, but as stated perviously on this post, has a professional and friendly bunch of guys who make the job and the time away from home far better than it might otherwise be.
I hope as much as every other employee that we can pull ourselves out of this and resume flying, but prefer to observe the going's on with my eyes wide open.
mk is under administration- this is generally not a good thing, and the purpose of an administration is one of only 3 things:
1.to rescue a company as a going concern
2.achieve a better price for the company’s assets or otherwise realise their value more favourably for the creditors as a whole than would be likely if the company were wound up (without first being in administration); or
3.in certain circumstances, realise the value of property in order to make a distribution to one or more preferential creditors
No later than 8 weeks after the company enters administration, the administrator must make a statement setting out proposals for achieving the purpose of the administration or explaining why they cannot be achieved. The proposals may include a voluntary arrangement or a compromise or arrangement with creditors or members.
Perhaps I am wrong, but mathematically based on the above, MK has a 33.3% chance of survival, and I most certainly hope they do- however; am I the only employee who is wondering at the purpose of what appears to be "delaying tactics" from management in all company related comms to it's flight crew?
If, for example, in 8 weeks MK is granted a reprieve and flying resumes or if it happens to be longer (as this 8 week period can be extended subject to applications and approvals), where would MK be then with no remaining flight crew?
It seems to me that it would be in the companies best interest to apply the mushroom theory to its crew-ie. keep us in the dark and feed us B.S!
Pessimistic? Perhaps.
Pragmatic? I would prefer to think so.
MK is a great airline to work for and like everything is not perfect, but as stated perviously on this post, has a professional and friendly bunch of guys who make the job and the time away from home far better than it might otherwise be.
I hope as much as every other employee that we can pull ourselves out of this and resume flying, but prefer to observe the going's on with my eyes wide open.
Join Date: May 2008
Location: England
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pfm08
I agree completely with you. I got out a few months before this happened as I hope and pray MK continue as I enjoyed my time there and wish everyone the best. Unfortunately if you enter Administration for whatever the reason some of the decissions are taken out of your hands and the outcome may well be different than intended.
As I say a great company and great people I hope you all survive recover.
I agree completely with you. I got out a few months before this happened as I hope and pray MK continue as I enjoyed my time there and wish everyone the best. Unfortunately if you enter Administration for whatever the reason some of the decissions are taken out of your hands and the outcome may well be different than intended.
As I say a great company and great people I hope you all survive recover.
If your pay is on a per hour basis only, ask if the administrators will pay you a retainer to stick around in the meantime while things are being sorted out. If they are serious about selling the company as a going concern it will be in their interest to keep the flight crews.
Remember you still have to eat, the administrators will look after themselves first.
Remember you still have to eat, the administrators will look after themselves first.
Join Date: Apr 2004
Location: EGMH..a down, not yet out, formerly awesome airfield
Age: 55
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air cargo news article...quotes and facts
17-Jun-2008 : MK AIRLINES has been put up for sale, as administrators were called in on 10 June and the airline’s fleet of seven B747-200Fs, three DC-8 freighters and all engines, spares, consumables, land and buildings were advertised for sale (see page 18).
All of the airline’s B747-200Fs have been grounded, causing major problems for the airline’s biggest customer, Panalpina. The Swiss forwarder used MK extensively for services from Europe into Africa, especially in support of oil and gas and perishable trade.
For a number of months chief executive officer, Mike Kruger, has been trying to attract investment and re-financing options to acquire more fuel efficient 747-400F equipment.
The airline said in a statement that: “These talks have taken place in what is clearly a difficult economic climate, during which time the airline – like all others – has had to cut costs and restructure its operations due to extraordinary fuel prices.
“Due to the company’s financial position, the board of directors appointed James Bradney, Andrew Duncan and Michael Oldham of BKL Business Recovery as joint administrators on 10 June, 2008. This was to provide a moratorium to enable discussions to continue with interested parties.”
The airline maintains that services are only temporarily suspended and the airline refuted suggestions that MK’s AOC had been withdrawn and that other operations have been maintained with a view to achieving a rescue of the company.
There is some hope, however, that a rescue package for the airline may be around the corner. “Talks with potential investors have taken far longer than we would have hoped, not least because of this difficult economic climate. Whilst we continue to discuss options with potential new partners, we are working with the administrators to financially restructure the company and find a way of taking the business forward. Those talks are ongoing, and we are all working towards a speedy conclusion and recommencement of flight services. I hope that the administration appointment will be the beginning of a new future for MK Airlines,” said Kruger.
Bradney, from administrators BKL Business Recovery, added that they were “working hard with management and interested parties to achieve a rescue of the company and the preservation of this well regarded airline, together with the jobs of the staff and air crew. We are hopeful that the company can resume flying operations in the short term.”
Duncan told Air Cargo News on 12 June that although he was hopeful an agreement could be concluded, he had to place the airline for sale in case the deal fell through. “The airline cannot resume flying at the moment, as there is insufficient funds in place”.
Elsewhere, the unprecedented fuel prices has caused more casualties as airlines rush to end 747-200F operations.
All of the airline’s B747-200Fs have been grounded, causing major problems for the airline’s biggest customer, Panalpina. The Swiss forwarder used MK extensively for services from Europe into Africa, especially in support of oil and gas and perishable trade.
For a number of months chief executive officer, Mike Kruger, has been trying to attract investment and re-financing options to acquire more fuel efficient 747-400F equipment.
The airline said in a statement that: “These talks have taken place in what is clearly a difficult economic climate, during which time the airline – like all others – has had to cut costs and restructure its operations due to extraordinary fuel prices.
“Due to the company’s financial position, the board of directors appointed James Bradney, Andrew Duncan and Michael Oldham of BKL Business Recovery as joint administrators on 10 June, 2008. This was to provide a moratorium to enable discussions to continue with interested parties.”
The airline maintains that services are only temporarily suspended and the airline refuted suggestions that MK’s AOC had been withdrawn and that other operations have been maintained with a view to achieving a rescue of the company.
There is some hope, however, that a rescue package for the airline may be around the corner. “Talks with potential investors have taken far longer than we would have hoped, not least because of this difficult economic climate. Whilst we continue to discuss options with potential new partners, we are working with the administrators to financially restructure the company and find a way of taking the business forward. Those talks are ongoing, and we are all working towards a speedy conclusion and recommencement of flight services. I hope that the administration appointment will be the beginning of a new future for MK Airlines,” said Kruger.
Bradney, from administrators BKL Business Recovery, added that they were “working hard with management and interested parties to achieve a rescue of the company and the preservation of this well regarded airline, together with the jobs of the staff and air crew. We are hopeful that the company can resume flying operations in the short term.”
Duncan told Air Cargo News on 12 June that although he was hopeful an agreement could be concluded, he had to place the airline for sale in case the deal fell through. “The airline cannot resume flying at the moment, as there is insufficient funds in place”.
Elsewhere, the unprecedented fuel prices has caused more casualties as airlines rush to end 747-200F operations.
Join Date: Nov 2003
Location: Nairobi
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Weekend
Another nail biting weekend for our MK friends. I agree with so many people in this thread that they are great folks to know and I amsure work with too.I hope we are greeted in the next week with good news.
I wont say anything more..
Join Date: May 2006
Location: Ramsgate, Kent
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What are you on about (or on)? Air cargo news says the administrators have been called in and the airline is up for sale. They appear to give some details to back up this story. Are you suggesting this isn't true? Is the smiley face with one eye shut supposed to be telling us that you know something we don't?