Astraeus are no more?
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Some very questionable decisions emanated from Reykjavik. One of the worst was dumping the handling agents from 1 June causing weeks to incredible chaos and delays. This recruitment of a new partner looks like another potential boob. Shame- they've driven a company they own, with a worldwide AOC, under. Presumably they will get nothing from the ashes. The whole thing seems a disaster area.
Per Ardua ad Astraeus
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Originally Posted by opsjockey
Yup, as per post 17 of this thread.....
Bets that Palmi is an investor in Jet Time? It's an odd world up there in Eisland.
I guess BM will be a few seats short for while.
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A sad day indeed. I had 3 very, very happy years there from the inception.
I was even given a bonding for the type rating rather than have to pay for it. Such was the superb company ethos from the start up.
For all those now out of work, my sympathies. We have almost all been there.
There is lots of work out there if you can take the cultural differences. Good luck.
I was even given a bonding for the type rating rather than have to pay for it. Such was the superb company ethos from the start up.
For all those now out of work, my sympathies. We have almost all been there.
There is lots of work out there if you can take the cultural differences. Good luck.
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Shame- they've driven a company they own, with a worldwide AOC, under. Presumably they will get nothing from the ashes. The whole thing seems a disaster area.
Such a shame because with slightly more benevolent ownership and leadership from the very top it could have been a great place, as the rest of the team were (mostly!) cracking people.
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Thinking of you guys.
Sorry to hear that, I used to work there.
Good luck finding new jobs.
If you are interested in Qatar Airways, you need to give Dusty Miller a call. I think he is still in charge of recruiting here.
There are quite a few of us Brits out here now
If you want any info on the place, send me a PM.
Cheers,
Quagmire.
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Shame.. I used to work with these guys a few years ago; when they operated like a normal airline and had the lucrative Oil Worker routes etc.
I had hoped they would find a similar niche in the industry as Titan!
Good luck to all and hoping you find new jobs in the near future.
I had hoped they would find a similar niche in the industry as Titan!
Good luck to all and hoping you find new jobs in the near future.
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As said above another company driven to the wall by the people who bankrupted a whole country.
This is the third company that has gone bust when employing me and the common thread is Icelandic money doing the talking.
Good luck to any airline that gets involved with the Icelandics.............you will need it, they will use the power of the money to back you into all sorts of stupid and rash decisions for reasons of Icelandic internal politics and then blame the non Icelandics when it all goes wrong.
This is the third company that has gone bust when employing me and the common thread is Icelandic money doing the talking.
Good luck to any airline that gets involved with the Icelandics.............you will need it, they will use the power of the money to back you into all sorts of stupid and rash decisions for reasons of Icelandic internal politics and then blame the non Icelandics when it all goes wrong.
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From Flight News and other media sources:
UK wet-lease operator Astraeus Airlines has ceased operations with immediate effect, with administrators set to be appointed to the company.
The carrier said it had suffered a "lack of contracts" for the winter 2011-12 season, following "lower-than-expected levels of business" during the summer.
Astraeus chief Hugh Parry added that the airline had "some extremely bad luck with a number of technical issues".
Parry said the board had been left with "no option" but to cease operations and put the company into administration.
"Every effort has been made to ensure that any passengers affected already have or will be able to complete their journey," he added.
"It is small comfort to those affected and impacted, I realise, but Astraeus comprised a fantastic team who did a fantastic job - quite possibly the best team in their aviation business sector."
Astraeus is wholly-owned by Icelandic firm Eignarhaldsfelagid Fengur. The carrier, established in 2002, had operated a range of aircraft including Boeing 757-200s, 737s and Airbus A320s.
UK wet-lease operator Astraeus Airlines has ceased operations with immediate effect, with administrators set to be appointed to the company.
The carrier said it had suffered a "lack of contracts" for the winter 2011-12 season, following "lower-than-expected levels of business" during the summer.
Astraeus chief Hugh Parry added that the airline had "some extremely bad luck with a number of technical issues".
Parry said the board had been left with "no option" but to cease operations and put the company into administration.
"Every effort has been made to ensure that any passengers affected already have or will be able to complete their journey," he added.
"It is small comfort to those affected and impacted, I realise, but Astraeus comprised a fantastic team who did a fantastic job - quite possibly the best team in their aviation business sector."
Astraeus is wholly-owned by Icelandic firm Eignarhaldsfelagid Fengur. The carrier, established in 2002, had operated a range of aircraft including Boeing 757-200s, 737s and Airbus A320s.
Plumbum Pendular
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Sympathies to all those affected.
It is a very difficult market for niche players out there with very high fuel prices and not much business around.
It is a very difficult market for niche players out there with very high fuel prices and not much business around.
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Hopefully most of the Astraeus drivers will find alternative employment fairly sharpish , the daily adverts are numerous .Sadly its only Jet2 that seem to need drivers in the UK . Mind you , most of the AEU folk I knew back in 04/05 are now overseas , all flying some seriously heavy metal for some high-class airlines .
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As said above another company driven to the wall by the people who bankrupted a whole country.