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Astraeus are no more?

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Old 22nd Nov 2011, 08:06
  #61 (permalink)  
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That would be Jo then you were driving !

Great shame for all of us....unfortunately numerous engine changes in the summer coupled with lack of winter work has sunk us.

I had a great 6.5 years there, some really odd places that I've seen and my first LHS on the 757. I wouldn't have missed it for the world.
 
Old 22nd Nov 2011, 08:57
  #62 (permalink)  
 
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Firstly, good luck to all you guys and girls in finding your next 'challenge'.

Secondly, this means yet another UK AOC in the bin and given the demands by the Authorities these days I doubt we'll ever see another new UK start-up. What's left of AEU could be worth saving just for the AOC alone.
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Old 22nd Nov 2011, 09:06
  #63 (permalink)  
 
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I've just read the story on flight global

UK's Astraeus ceases operations

another new UK start-up
Fastjet
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Old 22nd Nov 2011, 09:57
  #64 (permalink)  
 
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Astraeus

Seems there is little justice in the airline business for offering quality, friendly service or doing something distinctive. Reminds me of Orion Airways back in the 80's.

Flew you guys many times on the "Hassi Express" down to the desert. Those smiles at the door with a chilled water bottle were always much appreciated after leaving that Mad Max world behind at the foot of the stairs.

Transfer of all expats onto the scheduled flights from that part of the world this summer probably didn't help the balance book.
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Old 22nd Nov 2011, 10:13
  #65 (permalink)  
 
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Damn, just a little voice of sympathy with nothing more positive than has already been posted. Incidentally, Air Europe were still recruiting right up to the point of impact too. Just makes one wonder, eh ? Good luck to all who feel the chill of winter even more severely just now. Many of us, if not most, have been there but wish it on no-one. Of course you will survive. We are Aviation people damn it !
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Old 22nd Nov 2011, 10:19
  #66 (permalink)  
 
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AEU

Bad news indeed.I owe them a lot,having been stabbed in the back by Big Airways, among others, many times.JM gave me a chance and had a wonderful few years in the left seat.
Good luck to all,a pleasure to have known you.
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Old 22nd Nov 2011, 11:26
  #67 (permalink)  
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Hmm, mixed feelings about this one. Stitched up by them badly but they also gave me my first break. Lots of nice guys in there and most I know have found work elsewhere. Still not nice for the guys in this present climate and sadly the only people happy will be Philip Meason at Jet2!
Seems the party in Brighton went really well for the superior people!
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Old 22nd Nov 2011, 12:15
  #68 (permalink)  
 
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And, just witnessed Thomas Cook Acting (really acting) CEO, or something, telling us that with a debt of 900 million " We are in good financial shape". We hand our professional flying careers to people like this, hoping that they will do their jobs steering the company. They hand, steering the planes, to us. But, if we made a PA to the cabin after loosing both donks on Track C that we are in "good shape"..................oh boy. Not a level playing field is it ? And the guy charged with getting TC in this mess was fired and got a really big pay-off although ACEO refused to tell the world how much it was !
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Old 22nd Nov 2011, 12:22
  #69 (permalink)  
 
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Was there for nearly two years between 07-08 in a non-flying capacity. When I joined the atmosphere reminded me a little of my time at British Caledonian. Fantastic people to work with, with some excellent individuals in the backroom on Flight Ops, Engineering & support functions. Had some laughs along the way. Best of luck to you all, I hope you find something soon.
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Old 22nd Nov 2011, 19:27
  #70 (permalink)  
 
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Thumbs down

Really sad to hear that... I've flown with them a few times and their crew was always extremely professional... Great airline with a really British service...

Seems there might be a gleam of hope after all...

Zolfo Cooper appointed to Astraeus Airlines - 22 Nov 2011 - Accountancy Age

ZOLFO COOPER administrators have been appointed to the airline made famous by having Iron Maiden lead singer Bruce Dickinson as a pilot.

Nick Cropper, Alastair Beveridge and Anne O'Keefe, partners at Zolfo Cooper, were appointed joint-administrators of Astraeus Airlines. The airline has ceased trading.

Dickinson plans to rescue the business as he saw no reason why the original business model could not work.

"Firstly, I'm already working on a plan to try to save Astraeus, or at least create a new business with new jobs for my friends and former colleagues at Astraeus. This is a serious plan involving people who are very good at their jobs," said Dickinson.

"Frankly, now Astraeus has been relieved of the business model imposed upon it by Icelandic owners, who, to be honest, perhaps did not fully appreciate the way the key commercial aviation markets operated, I see the potential for a viable operation should acquisition of the company prove achievable."

Dickinson, who piloted a flight from Jeddah to Manchester yesterday, said he was also involved in a project that could create as many as 1,500 jobs in the aviation sector.

Astraeus Airlines operated the Iron Maiden "Final Frontier World Tour 2011", which ended in August.

The Crawley-based business employs about 190 people and had suffered severe cash flow difficulties.

Nick Cropper said: "The company has been left facing a number of insurmountable issues and unfortunately, we have been left with no alternative other than to cease trading immediately.

"Regrettably, this also means that the majority of staff have been made redundant."
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Old 22nd Nov 2011, 20:22
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"Final Frontier" indeed, if Bruce can pull this off, he has enough material for several new albums.
In all seriousness, it is horribly, horribly, frustrating to be working in a company with a good bunch of folk that is being by inept/corrupt direction/guidance from above, & wondering why, despite everyones best efforts, it is crumbling around your ears.
Seen it once (nearly twice, but Phew ) & I wish him all the best
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Old 22nd Nov 2011, 20:56
  #72 (permalink)  
 
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Looking at the 2010 Balance sheets on Company Check.co.uk there was only about 6 million adrift between assets and liabilities, which, in aviation terms, is peanuts, and they had 2.7million cash at bank so it would appear that cash flow "Has become a problem" the problem is " where's it gone?" ,wasn't the " original business model" based on a PTF arrangement with Bond Aviation, thus reducing the overheads and enabling a more competitive edge? and although Bond was sold off to Alpha some years ago, didn't AEU get its own TRTO again last year? Maybe Bruce can sort this out, maybe not, for sure, the old 757s don't help the overall scheme. Real shame this, the AEU guys and girls were/are a good bunch...
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Old 22nd Nov 2011, 21:32
  #73 (permalink)  
 
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BBC News - Iron Maiden star vows to resurrect Astraeus Airlines
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Old 22nd Nov 2011, 21:34
  #74 (permalink)  
 
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Just seen it too, good on him
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Old 22nd Nov 2011, 22:46
  #75 (permalink)  
 
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Qatar recruitment manager

Hi guys,

Sorry for the long delay, I was on a ULR flight. Just got in. To all those that PM'd me...

I am not 100% sure about Dusty's company email address at this precise moment in time but they go in the format of <first initial><surname>@qatarairways.com.qa. (i.e. [email protected])
- so if you know his real first name you should be able to work that one out. (it's not Dusty, is it? Maybe someone can enlighten us.)

For those that are interested....... I've dug on the system and the guy below is in charge of HR recruitment, he should be able to give you Dusty's company email address/ contact details. (Assuming it is still Dusty doing PILOT recruitment!). If you get no luck, then PM me back with your full name and I will phone Dusty and let him know in advance that you are going to get in contact with him! (Obviously I'm not going to put his personal mobile number up here). But I will do my best to help you guys out, as I've been in this crappy situation before too.

Jason Mills
Manager Recruitment, HR - Recruitment
Qatar Airways
E-mail [email protected]
Phone +97444453320
Mobile phone +97455930524

Best I can do at 02:30am. Good luck.
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Old 22nd Nov 2011, 23:58
  #76 (permalink)  
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I would be very wary of Qatar. You will be locked into a huge bond for 3 years. Give EK a go before Qatar. Qatar have just cut their days off for pilots to a maximum of 8 days. However, why not try both?

Good luck to all
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Old 23rd Nov 2011, 01:15
  #77 (permalink)  
 
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It is a sad day. Even though I didn't like a lot of Astreaus's practices, it is always sad to see another Airline go under. I have known may colleges that have gone thru the place and it is a shame that it is gone.

Don't forget that Astreaus was involved with the sponsorship of Pprune(ites) for a couple of Type Ratings in the early days... In fact I think Danny was one of them!?!?

E-mail for Qatar:
[email protected]

I hope Bruce can pull a phoenix out of the ashes!
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Old 23rd Nov 2011, 02:21
  #78 (permalink)  
 
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Narrow Runway

It is not often that on these pages we are treated to such a tour de force of poisonous thought based on no reliable information.

If you had done any research you would know that Bruce Dickinson is a businessman & pilot first and a Rock musician second. He has a number of business interests apart from Astraeus & Iron Maden.

Knowing Bruce I cen tell you that he knows a lot about the way Astraeus has been financially raped by the Icelandics and will no doubt have ideas on how to pick up the pieces if at all possible, I personally doubt the situation will be recovered but you can't knock him for trying.

As temped as I am to speculate what type of person writes posts such as yours above, I think that I am best just leaving your totally distasteful post to speak for its self.
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Old 23rd Nov 2011, 03:57
  #79 (permalink)  
 
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Astreaus

Does anyone know who the official receiver is?
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Old 23rd Nov 2011, 04:15
  #80 (permalink)  
 
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I'm sorry to hear such sad news. I too know the feeling I as was at GSM when the music stopped!!

Stick together and I hope Bruce can form a recovery plan for you all!

Did AEU have any recognition within Balpa? I know GSM did not, but a RYR pilot organised a collection fund through Balpa to help financially when GSM went tits up just before Christmas!!

Again, good luck to you all!
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