Sion SIR/LSGS
Join Date: Aug 2014
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I don't think this will launch. But if sales are what they say they are, it equates to around 6 people booked on every flight on sale (if the timetable is right). Which actually doesn't seem too bad, considering about a third of those flights are on the Zurich route where you would expect the bulk of bookings to come in the last 72 hours. So bookings for the ski routes in the near future are surely much higher.
Join Date: Jul 2005
Location: UK
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That's a real shame. Obviously it is in itself a sign of desperation, but they were certainly willing to be very innovative! It looks like there have been better times
to be an operator of small aircraft in Switzerland in history.
Of course they ended up perhaps mainly wanting to operate in the EU, and being outside it was therefore unhelpful :-( There may be a warming there...
to be an operator of small aircraft in Switzerland in history.
Of course they ended up perhaps mainly wanting to operate in the EU, and being outside it was therefore unhelpful :-( There may be a warming there...
Join Date: Oct 2017
Location: isle of man
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Join Date: Nov 2001
Location: 1000ft above you, giving you the bird!
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I'm not aware that they have gone into administration or stopped trading - and your research.... did you find the successes they had in business?
I found 2 that they started and sold, a Defence IT business and a Humanitarian one, but as with all press things they only search and publish the bad news, never the good!
Just sayin!
I found 2 that they started and sold, a Defence IT business and a Humanitarian one, but as with all press things they only search and publish the bad news, never the good!
Just sayin!
Join Date: Apr 2016
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Right now, Powdair's website remains up and running, inviting people to part with their hard-earned cash. Are they attempting to trade whilst insolvent? Do they owe money anywhere? If they do, is there a reasonable prospect their creditors will be paid in full?
DC3D - when I looked last night you couldn't get a price but, as you say, you now can. But there is a note at the bottom of the website indicating the first weeks flights are cancelled and a decision on the rest of the season will be made this Friday.
Join Date: Jun 2013
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DC3D
One assumes they are solvent because otherwise they’d be failing in their fiduciary and statutory duties. Irish law does give a company some scope to trade out of financial difficulties which is where they appear to be right now.
*If* the deal to acquire a share in Backbone completed this will present a challenge in any eventual winding up of the company.
One assumes they are solvent because otherwise they’d be failing in their fiduciary and statutory duties. Irish law does give a company some scope to trade out of financial difficulties which is where they appear to be right now.
*If* the deal to acquire a share in Backbone completed this will present a challenge in any eventual winding up of the company.
Powdair are awfully ambiguous in their marketing as to whether they are an airline or no - unless you know that BOB is the ICAO code for Backbone Aviation, an ordinary punter probably wouldn't have a clue when they're going to be flying with a company not called Powdair. Perhaps Travelmole should know better but I can understand where the person who wrote the article is coming from
Join Date: Jul 2005
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While what they have done was completely legal, I restate my view that it shouldn't be.
You should not be allowed to sell aeroplane tickets when you have no idea how that service might be operated.
The law should not accept that people (as also with CityWing in their dying days) can act as agent to an unknown principal that can be changed by the agent. It's not logical and it's not sound.
You should not be allowed to sell aeroplane tickets when you have no idea how that service might be operated.
The law should not accept that people (as also with CityWing in their dying days) can act as agent to an unknown principal that can be changed by the agent. It's not logical and it's not sound.
Join Date: Aug 2008
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TravelMole report does not name Powdair as a UK airline...It headlines the report as New Ski Airline.........
But just as the original poster states..."Doesn't sound too good.
But just as the original poster states..."Doesn't sound too good.
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TravelMole report does not name Powdair as a UK airline
Join Date: Jun 2013
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Scoot Ferries couple launch Powdair airline - and ask for £3 million after backer walks away
After inviting investors to a communitity ownership model it now appears they aren't investments. They're 'pledges'
After inviting investors to a communitity ownership model it now appears they aren't investments. They're 'pledges'
The company said on Tuesday 134 potential investors had come forward, but warned: "Pledges do not represent a stake in Powdair. Failure of the airline in the next five years would mean loss of the funds with no realistic recovery."
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