Flyglobespan into administration
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Eclear...where's the money gone then...
So it is claimed...
Zoom - £10m
XL - £20m
Sky Europe - €13.4m
Globespan - £34m
and I know of one other who is still trading (and is very unlikey to be affected if it is not received) who is owed £10m.
Something smells...
Zoom - £10m
XL - £20m
Sky Europe - €13.4m
Globespan - £34m
and I know of one other who is still trading (and is very unlikey to be affected if it is not received) who is owed £10m.
Something smells...
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Salmond call for UK Government probe into collapse of GSM
Smells even fishier
Now I'm not saying that the collapse of my previous employer is solely down to e-clear, but there is something not right and I think an investigation is warranted.
The list of failures connected to e-clear is getting longer. Could be the nature of the industry we work in and the small margins.
But the employees of GSM and other companies deserve to know the truth.
The more I read the worse it smells
Now I'm not saying that the collapse of my previous employer is solely down to e-clear, but there is something not right and I think an investigation is warranted.
The list of failures connected to e-clear is getting longer. Could be the nature of the industry we work in and the small margins.
But the employees of GSM and other companies deserve to know the truth.
The more I read the worse it smells
Last edited by Check Mags On; 20th Dec 2009 at 10:04.
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Another travel firm goes bust - Times Online
A public relations company recruited by E-Clear on Friday afternoon to help with media inquiries resigned yesterday morning.
Aviation industry sources said yesterday that Viking Airlines, a Swedish carrier, could emerge as a bidder for Flyglobespan’s assets. Viking is said to be interested in acquiring a UK airline operating licence.
A public relations company recruited by E-Clear on Friday afternoon to help with media inquiries resigned yesterday morning.
Aviation industry sources said yesterday that Viking Airlines, a Swedish carrier, could emerge as a bidder for Flyglobespan’s assets. Viking is said to be interested in acquiring a UK airline operating licence.
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Sorry for those who may have lost their jobs but the company itself from personal experience...good riddance.
Its no good looking at e clear for an excuse even if they are behaving strangely. The CAA just as in the case of Emerald should have "regulated" to a better standard much earlier.
Many problems would have been solved earlier and hidden costs reduced significantly.
Shame the professionals they eventually put in place just run out of time.
Its no good looking at e clear for an excuse even if they are behaving strangely. The CAA just as in the case of Emerald should have "regulated" to a better standard much earlier.
Many problems would have been solved earlier and hidden costs reduced significantly.
Shame the professionals they eventually put in place just run out of time.
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Safety concerns, nobody is looking for an "excuse".
It is simple cold economics, if they do have some of Gsm's money.
The more likely I am to get some money out of the remnants of the company.
I disagree with you on the regulatory point, as the CAA had a very close eye on GSM, but that is a pointless argument since the company is gone now.
It is simple cold economics, if they do have some of Gsm's money.
The more likely I am to get some money out of the remnants of the company.
I disagree with you on the regulatory point, as the CAA had a very close eye on GSM, but that is a pointless argument since the company is gone now.
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The CAA as is becoming the norm had a very close eye on once it was too late. My points do not relate to today but yesterday.
As I said, shame the professionals now in place didn't get enough time. The real damage was done before the CAA woke up and behaved like a regulator.
As I said, shame the professionals now in place didn't get enough time. The real damage was done before the CAA woke up and behaved like a regulator.
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Assets
Aviation industry sources said yesterday that Viking Airlines, a Swedish carrier, could emerge as a bidder for Flyglobespan’s assets. Viking is said to be interested in acquiring a UK airline operating licence.
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I doubt viking would actually want much of the entire Globespan group which funnily enough seems to be what has drained the groups money more than the airline, i think the loss of 007 wwas just to large to redeem but TD should have bloody realised then i need to get fresh capital right now and dont be so bloody selfish because i want to be the sole owner, Viking would probably take the license and run tbh 
Even if they did aquire parts of the group i doubt theyd want to be based in Scotland.
Im not too sure on Airline administration but using the recent example Flyglobespan goes bust do the a/c automaticly revert back to the owner the lease company and should the Globespan Group be bought the leases for all aircraft have to be resigned with no guarantee of getting the a/c??? Can anyone clear that up?
Anything on Alba?? Surely theres someone who would take them on.
Even if they did aquire parts of the group i doubt theyd want to be based in Scotland.
Im not too sure on Airline administration but using the recent example Flyglobespan goes bust do the a/c automaticly revert back to the owner the lease company and should the Globespan Group be bought the leases for all aircraft have to be resigned with no guarantee of getting the a/c??? Can anyone clear that up?
Anything on Alba?? Surely theres someone who would take them on.
Per Ardua ad Astraeus
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Returning to Allbury for a moment, they and Libra are/were associated and I believe Libra got involved with Helios? Was there not some story of Cypriot involvement in the 'rescue' of GS? Was there any Cypriot involvement in E-Clear? Are we into a 'circles within circles' story?
EDIT: Just done a spot of not-to-difficult Googling and yes, it is all spinning nicely. Put together from various sources:
Elias Elia, CEO of E-Clear, is connected with Cyprus. Halcyon Investments (Cypriot) with whom GS were 'in discussion' (via a C Islands office) on re-financing has Elia as its major 'investor'. Anyone smell anything?
I'll go on while I have the floor: Allbury Travel is a subsidiary of Allbury (registered in the Virgin Islands) who's 'controlling interest' is reported to be - wait for it - Elias Elia.
An item in 'Scotland on Sunday' says that E-Clear has "been involved in travel trade collapses before". It is reported to have brought down SkyEurope, XL and Zoom (as reported on PPRUNE somewhere). A 'failed' rescue deal for XL Leisure was led by - go on, have a guess......................
Makes you wonder, does it not?
Now for a bit of spicing up, courtesy of 'Scotland on Sunday' - Osama Bin Laden used Greek Cyprus "as a transit point of exports in order to finance his terrorist activities. He has bank accounts in Nicosia in order to finance several terrorist activities."
Ooh! More to fall out yet?
So many poor folk losing jobs because of all this. My heart goes out to you all.
EDIT 2: Better and better! Viking has offices in Greece - Athens and Heraklion and rose from the 'ashes' of 'Kiss' which rose from the ashes of ..............................XL: and uses some of their management and aircraft reportedly. Viking now has a managing director of Cyprus-specialist Sunvil Holidays as a chairman (non-exec).
Also an Icelandic franchise of Phil Wyatt’s venture, BlacK Pearl Investments, hasa 50% stake in Viking. Murky waters.
There is a previous thread here about Viking. looking now to see where Elia fits into Viking..........................
One would hope that TD had looked into the murky waters at some point earlier?
EDIT: Just done a spot of not-to-difficult Googling and yes, it is all spinning nicely. Put together from various sources:
Elias Elia, CEO of E-Clear, is connected with Cyprus. Halcyon Investments (Cypriot) with whom GS were 'in discussion' (via a C Islands office) on re-financing has Elia as its major 'investor'. Anyone smell anything?
I'll go on while I have the floor: Allbury Travel is a subsidiary of Allbury (registered in the Virgin Islands) who's 'controlling interest' is reported to be - wait for it - Elias Elia.
An item in 'Scotland on Sunday' says that E-Clear has "been involved in travel trade collapses before". It is reported to have brought down SkyEurope, XL and Zoom (as reported on PPRUNE somewhere). A 'failed' rescue deal for XL Leisure was led by - go on, have a guess......................
Makes you wonder, does it not?
Now for a bit of spicing up, courtesy of 'Scotland on Sunday' - Osama Bin Laden used Greek Cyprus "as a transit point of exports in order to finance his terrorist activities. He has bank accounts in Nicosia in order to finance several terrorist activities."
Ooh! More to fall out yet?
So many poor folk losing jobs because of all this. My heart goes out to you all.
EDIT 2: Better and better! Viking has offices in Greece - Athens and Heraklion and rose from the 'ashes' of 'Kiss' which rose from the ashes of ..............................XL: and uses some of their management and aircraft reportedly. Viking now has a managing director of Cyprus-specialist Sunvil Holidays as a chairman (non-exec).
Also an Icelandic franchise of Phil Wyatt’s venture, BlacK Pearl Investments, hasa 50% stake in Viking. Murky waters.
There is a previous thread here about Viking. looking now to see where Elia fits into Viking..........................
One would hope that TD had looked into the murky waters at some point earlier?
Last edited by BOAC; 20th Dec 2009 at 14:49.
I am sure that I read something a few years ago, that Libra holidays owned a share in XL airways(XL used to do a lot of their flights)
They may have sold the share when they became involved with Helios.
They may have sold the share when they became involved with Helios.
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Is this of interest?
Sunvil boss to head Wyatt-backed Viking UK
Thursday, October 22, 2009
Chris Gray
Noel Josephides is set to head a new UK offshoot of Viking Airlines, the Sweden-based carrier with links to the failed XL Leisure Group.
The Sunvil managing director, Abta board member and Aito director will be non-executive chairman of Viking Airlines UK if it is granted an air operator’s certificate by the CAA.
The non-exec role will not affect his position at Sunvil.
The move will be seen as controversial because former XL chief executive Phil Wyatt controls about 40% of Viking Airlines through his investment vehicle, Black Pearl Investments.
Josephides said Wyatt would have no direct involvement in Viking UK and the new airline was needed to provide capacity for small operators that have struggled to access seats on Tui, Thomas Cook and Monarch flights.
“There are a lot of people who are not going to like it but this is a benefit for the independent tour operator. It’s important we have an independent carrier,” he said.
Josephides was highly critical of the XL group after its collapse in 2008, but in May he praised Viking as the “saviour” of small operators.
“I lost £100,000 on XL but by flying with Viking this summer I have saved myself £200,000 on rates quoted by other airlines,” he said. “This will save independent tour operators money.”
Viking has previously attracted complaints about quality of service, but Josephides said he would ensure it was a “Rolls-Royce” service. “I am not about to do anything that would compromise my reputation,” he said.
The new airline plans to operate a fleet of up to five 189-seat Boeing 737-800s to mid-haul destinations such as Egypt and Turkey, as well as Greece and the Canary Islands.
Viking operates under a Swedish operating licence and needs the CAA certificate to fly from the UK to more EU destinations.
Josephides said the licence application was likely to be submitted within three weeks and the airline should be operating by next spring.
Last year Josephides was involved in an unsuccessful attempt to set up a similar operation, code-named Project James, with former Zoom UK boss Jonathan Hinkles, which many operators hoped would rival Viking.
• Josephides to chair The Travel Foundation (15 Sep 2009)
• Viking hailed as operators' lifeline (21 May 2009)
Or has it been covered?
Sunvil boss to head Wyatt-backed Viking UK
Thursday, October 22, 2009
Chris Gray
Noel Josephides is set to head a new UK offshoot of Viking Airlines, the Sweden-based carrier with links to the failed XL Leisure Group.
The Sunvil managing director, Abta board member and Aito director will be non-executive chairman of Viking Airlines UK if it is granted an air operator’s certificate by the CAA.
The non-exec role will not affect his position at Sunvil.
The move will be seen as controversial because former XL chief executive Phil Wyatt controls about 40% of Viking Airlines through his investment vehicle, Black Pearl Investments.
Josephides said Wyatt would have no direct involvement in Viking UK and the new airline was needed to provide capacity for small operators that have struggled to access seats on Tui, Thomas Cook and Monarch flights.
“There are a lot of people who are not going to like it but this is a benefit for the independent tour operator. It’s important we have an independent carrier,” he said.
Josephides was highly critical of the XL group after its collapse in 2008, but in May he praised Viking as the “saviour” of small operators.
“I lost £100,000 on XL but by flying with Viking this summer I have saved myself £200,000 on rates quoted by other airlines,” he said. “This will save independent tour operators money.”
Viking has previously attracted complaints about quality of service, but Josephides said he would ensure it was a “Rolls-Royce” service. “I am not about to do anything that would compromise my reputation,” he said.
The new airline plans to operate a fleet of up to five 189-seat Boeing 737-800s to mid-haul destinations such as Egypt and Turkey, as well as Greece and the Canary Islands.
Viking operates under a Swedish operating licence and needs the CAA certificate to fly from the UK to more EU destinations.
Josephides said the licence application was likely to be submitted within three weeks and the airline should be operating by next spring.
Last year Josephides was involved in an unsuccessful attempt to set up a similar operation, code-named Project James, with former Zoom UK boss Jonathan Hinkles, which many operators hoped would rival Viking.
• Josephides to chair The Travel Foundation (15 Sep 2009)
• Viking hailed as operators' lifeline (21 May 2009)
Or has it been covered?
The Cooler King
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Greece: Isn't that the country that's just about to go to the wall?
Private pockets being lined all over the place right now....something huge is about to happen.
Private pockets being lined all over the place right now....something huge is about to happen.
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Just received this by email, looks like they are bringing them home.
"Direct Personnel are currently looking for a crew to Ferry a B767 aircraft ASAP. You must hold a JAA Licence and also a Saudi Visa. There are no exceptions to this and you must already be in possession of this visa as there is no time to apply for this."
"Direct Personnel are currently looking for a crew to Ferry a B767 aircraft ASAP. You must hold a JAA Licence and also a Saudi Visa. There are no exceptions to this and you must already be in possession of this visa as there is no time to apply for this."
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Consider this re E-Clear
Perhaps the directors of ALL the affected airlines would not want the e-clear money to be paid?
once its been paid to the receivers its gone for good? interesting to see who are the shareholders in this company?
Who knows some names may re-appear or off shore interests in e-clear are in place, difficult to track.
Coincidence? i dont think so!!!
Penny
once its been paid to the receivers its gone for good? interesting to see who are the shareholders in this company?
Who knows some names may re-appear or off shore interests in e-clear are in place, difficult to track.
Coincidence? i dont think so!!!
Penny
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The MOD should have given more work to 'their own' and who knows what might have been.
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767 Return...
Only people who can have Saudi visa are those who have worked for Saudia; otherwise your pasport is surrendered when you enter the Kingdom ...
Best people to do that will be (ironically) those that have lost their jobs with GSM...
Best people to do that will be (ironically) those that have lost their jobs with GSM...
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The GSM ex 767's will not be in the lease market for long.
infact, as rumour has it, a couple have already been taken for lease, but the question is:
does anyone know who this could be??
infact, as rumour has it, a couple have already been taken for lease, but the question is:
does anyone know who this could be??