Flyglobespan into administration
Join Date: Sep 2003
Location: Scottish FIR
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
silverstreak
The PWC web site says the airline is likely to go into administration tomorrow 17/12/2009. So I would assume the AC are still insured.
Here is a snip from the pwc press release:
"Bruce Cartwright, Graham Frost and Ian Oakley-Smith at PricewaterhouseCoopers (PwC) have been appointed as joint administrators to Scottish travel firm, The Globespan Group plc and Alba Ground Handling Ltd (‘the Group’) at the request of the Globespan directors on 16 December 2009. It is likely that other Group companies, including the airline which operated as Flyglobespan, will be placed into administration on 17 December 2009."
But they go on to say flight ops will cease this evening.
The PWC web site says the airline is likely to go into administration tomorrow 17/12/2009. So I would assume the AC are still insured.
Here is a snip from the pwc press release:
"Bruce Cartwright, Graham Frost and Ian Oakley-Smith at PricewaterhouseCoopers (PwC) have been appointed as joint administrators to Scottish travel firm, The Globespan Group plc and Alba Ground Handling Ltd (‘the Group’) at the request of the Globespan directors on 16 December 2009. It is likely that other Group companies, including the airline which operated as Flyglobespan, will be placed into administration on 17 December 2009."
But they go on to say flight ops will cease this evening.
Join Date: Nov 2000
Location: Dre's mum's house
Posts: 1,432
Likes: 0
Received 0 Likes
on
0 Posts
Average Bloke
I would place you in the the "Holy Wullie" category but I doubt that you would understand the reference.
May I refer you to my post yesterday in the Airlines, Airports and Routes.
Would 737 Captain David....worked for Inter Ekspress in Antalya before GSM, please PM me ref another job.
I would place you in the the "Holy Wullie" category but I doubt that you would understand the reference.
May I refer you to my post yesterday in the Airlines, Airports and Routes.
Would 737 Captain David....worked for Inter Ekspress in Antalya before GSM, please PM me ref another job.
Bruce Cartwright, Graham Frost and Ian Oakley-Smith at PricewaterhouseCoopers (PwC) have been appointed as joint administrators to Scottish travel firm, The Globespan Group plc and Alba Ground Handling Ltd (‘the Group’) on 16 December 2009. It is likely that other Group companies including the airline which operated as Flyglobespan will be placed into administration on 17 December 2009.
The companies entered into Administration having suffered liquidity issues.
Unfortunately, the Joint Administrators have been unable to continue trading the companies and therefore all flights operated by The Globespan Group plc or Globespan Airlines Ltd have been cancelled and the aircraft grounded.
The companies entered into Administration having suffered liquidity issues.
Unfortunately, the Joint Administrators have been unable to continue trading the companies and therefore all flights operated by The Globespan Group plc or Globespan Airlines Ltd have been cancelled and the aircraft grounded.
Having read through it a couple of times, I get the impression that FlyGlobespan would appear to be the part that is NOT causing the problem. Reading the first part again, it seems to me from the wording to be the parent company & Alba that are the problems here.
Still at the end of the day, despite what appears to be good set of load factors in the latest route figures, a lot of good folks are likely to find themselves having to look for a new employer & a lot of fairly convenient routes are going to disappear. Let's all hope for a quick and positive resolution.
Current situation
Gents,
It gives me no pleasure whatsoever, but here is a direct quote from today's issue of Air Intel Daily News, dated 16th December - a source that I've found pretty reliable up to now.
QUOTE:
FlyGlobespan (UK) collapses after funding package arrives too late. All scheduled services halted as carrier goes into administration.
UNQUOTE:
Best wishes to all involved - certainly NOT the best Xmas present.
Krgds
AES
It gives me no pleasure whatsoever, but here is a direct quote from today's issue of Air Intel Daily News, dated 16th December - a source that I've found pretty reliable up to now.
QUOTE:
FlyGlobespan (UK) collapses after funding package arrives too late. All scheduled services halted as carrier goes into administration.
UNQUOTE:
Best wishes to all involved - certainly NOT the best Xmas present.
Krgds
AES
Join Date: Sep 2003
Location: Scottish FIR
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
Donkey497
Maybe not. They are just dumping everything that isn't required to keep an aeroplane in the sky. As soon as the assets are on home turf, that's it. If there are any departures still due, getting a fuel load will be interesting. Bet they haven't though of that. My advice to captains is, keep your credit cards well and truly locked away. If the company/administrators tell you that you get re-reimbursed on landing in the uk, it's a lie, tell them you don't have a credit card since the credit crunch.
Maybe not. They are just dumping everything that isn't required to keep an aeroplane in the sky. As soon as the assets are on home turf, that's it. If there are any departures still due, getting a fuel load will be interesting. Bet they haven't though of that. My advice to captains is, keep your credit cards well and truly locked away. If the company/administrators tell you that you get re-reimbursed on landing in the uk, it's a lie, tell them you don't have a credit card since the credit crunch.
Join Date: Nov 2000
Location: Dre's mum's house
Posts: 1,432
Likes: 0
Received 0 Likes
on
0 Posts
You could, however, have the good grace to retract your patently ill-informed remark.
As an aside, to the Captains with 737 TRs, FR are still accepting applications for DEC positions: please see the website for details.
Regrettably, there no FO positions although SFOs coming up to command may wish to check with recruitment: if you can't get through please PM me and I will check and post the response here.
As an aside, to the Captains with 737 TRs, FR are still accepting applications for DEC positions: please see the website for details.
Regrettably, there no FO positions although SFOs coming up to command may wish to check with recruitment: if you can't get through please PM me and I will check and post the response here.
I would like to spare a thought for the passengers as well who have booked directly with the airline perhaps without credit card and are likely not to see their money. Also (like the threatened BA strike), had holidays ruined and most probably their Christmas also.
Sympathies to the staff and to their booked pax. I also have had some good trips with GSM from and to AGP.
Nivsy
Sympathies to the staff and to their booked pax. I also have had some good trips with GSM from and to AGP.
Nivsy
Join Date: Nov 2000
Location: Dre's mum's house
Posts: 1,432
Likes: 0
Received 0 Likes
on
0 Posts
Average, thank you.
Now let's apply ourselves to trying our best to find jobs for the GSM staff.
It couldn't have happened at a worse time of year: since the people haven't been paid how about we all contribute to a Xmas Help the GSM Colleagues Fund?
Now let's apply ourselves to trying our best to find jobs for the GSM staff.
It couldn't have happened at a worse time of year: since the people haven't been paid how about we all contribute to a Xmas Help the GSM Colleagues Fund?
Join Date: Aug 2007
Location: north yorkshire
Posts: 272
Likes: 0
Received 0 Likes
on
0 Posts
From BBC News Website:-
No regrets about the staff then!!
Managing director, Gordon Dewar said: "This is a sad day for the Scottish aviation industry.
"However, our immediate attention must turn to the thousands of passengers who were due to fly with the airline over the coming months.
"We are already holding urgent discussions with a number of other airlines and are hopeful of replacing much of the capacity that has been lost from Flyglobespan going into administration."
"However, our immediate attention must turn to the thousands of passengers who were due to fly with the airline over the coming months.
"We are already holding urgent discussions with a number of other airlines and are hopeful of replacing much of the capacity that has been lost from Flyglobespan going into administration."
Join Date: Jul 2008
Location: Planet Earth
Posts: 174
Likes: 0
Received 0 Likes
on
0 Posts
With regard to GSM going under, and the BA cabin crew striking...
The BA cabin crews dont know what its like to do a shift - NO REALLY...
Try an EDI-SSH-EDI in one day. No, didnt think you would, could or even contemplate! Too much like hard work.
The molly-coddling that goes on in BA is absurd. The pampering of egos, the overheads and the idea that BA is the worlds favorite airline... PLEASE....
Why not offer some of the BA shorthaul network to GSM next week? Would certainly help everyone...
The BA cabin crews dont know what its like to do a shift - NO REALLY...
Try an EDI-SSH-EDI in one day. No, didnt think you would, could or even contemplate! Too much like hard work.
The molly-coddling that goes on in BA is absurd. The pampering of egos, the overheads and the idea that BA is the worlds favorite airline... PLEASE....
Why not offer some of the BA shorthaul network to GSM next week? Would certainly help everyone...
Join Date: Apr 1999
Location: Aldebaran
Posts: 154
Likes: 0
Received 0 Likes
on
0 Posts
My Thoughts..
I worked for GSM back in 2006/2007, based out of GLA flying the -300 only. These six months were a great experience. I had the opportunity to meet some very fine aviators, and the flights down to BCN or the Canaries were always fun. Good crews, fun routes and living right at the waterfront in GLA in a brand new appartment was just great. My thoughts are with you, guys and gals. Please don't hesitate to PM me if you need help with whatsoever.
LE
LE
Join Date: Nov 2000
Location: Dre's mum's house
Posts: 1,432
Likes: 0
Received 0 Likes
on
0 Posts
It's Xmas time...will you help our colleagues at Globespan
Folks
The staff at Globespan have been left high and dry 1 week before Xmas.
They won't be paid this month.
Would you help?
I have been in the same situation and neither the JobCentre nor the Union are capable of helping: I'm not suggesting that we can collectively pay everyones salary, but we could, with the tiniest bit of seasonal spirit and at minimal cost to ourselves make a contribution.
If 1000 people would donate £100 we could give all of the aircrew and cabin crew a substantial boost.
If more people donate we could extend the assistance to office and ground staff.
What do you think.
I'm in.
The staff at Globespan have been left high and dry 1 week before Xmas.
They won't be paid this month.
Would you help?
I have been in the same situation and neither the JobCentre nor the Union are capable of helping: I'm not suggesting that we can collectively pay everyones salary, but we could, with the tiniest bit of seasonal spirit and at minimal cost to ourselves make a contribution.
If 1000 people would donate £100 we could give all of the aircrew and cabin crew a substantial boost.
If more people donate we could extend the assistance to office and ground staff.
What do you think.
I'm in.
to all my old xl peps
Join Date: Apr 2007
Location: somewhere bleak at the moment
Age: 51
Posts: 21
Likes: 0
Received 0 Likes
on
0 Posts
No of pilots affected
Sorry to ask at such a time but could anyone shed any numbers on the number of pilots affected. (Purely a selfish interest as another out of work pilot sorry)