New Start - Global Airlines
Join Date: Oct 2007
Location: UK
Posts: 164
Likes: 0
Received 0 Likes
on
0 Posts
https://www.prnewswire.com/news-rele...301852077.html
"At Global, Cees has been advising CEO James Asquith for the last 18 months and was instrumental in identifying the first aircraft to join the fleet."
"At Global, Cees has been advising CEO James Asquith for the last 18 months and was instrumental in identifying the first aircraft to join the fleet."
Paxing All Over The World
I am so enjoying watching this play out. by this stage, anyone who invested must have seen the writing on the wall - unless of course they want it as a tax write off for the accountants.
Join Date: Aug 2023
Location: United kingdom
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
Not a chance
This will never happen….the first A380 is still not owned so all this PR is premature ….purely scouting for investor money to sink into a deep black hole
Join Date: Jun 2023
Location: Ireland
Posts: 67
Likes: 0
Received 0 Likes
on
0 Posts
Gotta assume that Asquith's gullible shareholders will soon be expensing the boy wonder's trip to BKK shortly to 'inspect' these A380s! 
Want An Airbus A380? Thai Airways Is Selling 6! (simpleflying.com)
Curious if the guru ever uses his Holiday Swap app to fix accommodation for his 'business travel'? (Has ANYONE heard of let alone met anyone actually using this app?!) Shareholders will no doubt be coughing up for a suite at the Mandarin Oriental for him and his EK-retired girlfriend!
Meanwhile, how are things with the AOC? Post holders in place? All ready to commence ops on 1st April 2024 as promised?
Want An Airbus A380? Thai Airways Is Selling 6! (simpleflying.com)
Curious if the guru ever uses his Holiday Swap app to fix accommodation for his 'business travel'? (Has ANYONE heard of let alone met anyone actually using this app?!) Shareholders will no doubt be coughing up for a suite at the Mandarin Oriental for him and his EK-retired girlfriend!
Meanwhile, how are things with the AOC? Post holders in place? All ready to commence ops on 1st April 2024 as promised?
see Glazers/Manchester United....................
Join Date: Jun 2023
Location: Ireland
Posts: 67
Likes: 0
Received 0 Likes
on
0 Posts
Considering there's UAE money in it, that legal action may well play out in Dubai. Which may not be the optimum jurisdiction for young Mr. Asquith.
Reports say he's establishing the HQ for his HolidaySwap company in Dubai:
Dubai lures UK travel firm Holiday Swap | AGBI
But still waiting to meet anyone who's actually downloaded the Holiday Swap App - let alone actually used the service. Not holding my breath!
Reports say he's establishing the HQ for his HolidaySwap company in Dubai:
Dubai lures UK travel firm Holiday Swap | AGBI
But still waiting to meet anyone who's actually downloaded the Holiday Swap App - let alone actually used the service. Not holding my breath!
Paxing All Over The World
Probably! But they will have no one but themselves to blame as the writing was on the wall before they wrote on the contract. This is why I think some may be placing money into the scheme, in order to post a loss against tax. Not that we have ever seen rich people do that before ...
If you lose your shirt on an investment, how can that still be less than the tax you would otherwise have had to pay on that amount?
Standing by to be educated ...
If a company goes into liquidation a shareholder can make a “ negligible loss “ claim equal to the amount of money they invested as issued share capital. This is a capital loss, but can be offset against income from other sources in the same tax year the company was liquidated.
According to companies house, global airlines limited is a 95% owned subsidiary of holiday swap group limited. The latest accounts filed for the latter company are for the year ended 31.12.21 during which year there was a £12m issue of shares to a large number of individual shareholders but there is a debtor for “ unpaid share capital “ of an equal amount so it appears that no new money has been received by the company. The company’s accounts for the year ended 31.12.22 are due for filing at companies house by 30th September so it will be interesting to see what these accounts show.
According to companies house, global airlines limited is a 95% owned subsidiary of holiday swap group limited. The latest accounts filed for the latter company are for the year ended 31.12.21 during which year there was a £12m issue of shares to a large number of individual shareholders but there is a debtor for “ unpaid share capital “ of an equal amount so it appears that no new money has been received by the company. The company’s accounts for the year ended 31.12.22 are due for filing at companies house by 30th September so it will be interesting to see what these accounts show.
September Flight International item
Full page report of the "event" last month in the September "Flight". General tone of the item was neutral, just quoting already known material. Last paragraph had some possibly new staffing info.
"The company’s latest appointments include former XL Airways chief operating officer and SR Technics managing director Pierre Madrange, as well as Capt. Ian Black – both will join an advisory board to provide airline operational management support. London City airport corporate affairs director Liam McKay is also transferring to the company.Global Airlines has already identified Richard Stephenson as its chief commercial officer, while it has named several other figures to key roles – including former US Air Force assistant secretary Kevin Billings as advi[1]sory board chair, and ex-Emirates pilot Cees van Dooren as AA380 project manager. Former Rolls-Royce chief customer officer Jacqueline Sutton and ex-EasyJet captain Emma Henderson will also join the advisory board."
"The company’s latest appointments include former XL Airways chief operating officer and SR Technics managing director Pierre Madrange, as well as Capt. Ian Black – both will join an advisory board to provide airline operational management support. London City airport corporate affairs director Liam McKay is also transferring to the company.Global Airlines has already identified Richard Stephenson as its chief commercial officer, while it has named several other figures to key roles – including former US Air Force assistant secretary Kevin Billings as advi[1]sory board chair, and ex-Emirates pilot Cees van Dooren as AA380 project manager. Former Rolls-Royce chief customer officer Jacqueline Sutton and ex-EasyJet captain Emma Henderson will also join the advisory board."
Join Date: Jun 2023
Location: Ireland
Posts: 67
Likes: 0
Received 0 Likes
on
0 Posts
I believe all of those had been announced in prior releases from Global. Notable though that none of those roles are anything other than 'advisory' so (presumably) do not count/qualify for AOC application.
So they're still on track for the 1st April 2024 launch date!
So they're still on track for the 1st April 2024 launch date!
[/QUOTE]Notable though that none of those roles are anything other than 'advisory' so (presumably) do not count/qualify for AOC application. So they're still on track for the 1st April 2024 launch date!
[/QUOTE] Indeed! Looking forward to seeing the splash adverts on TV soon, we are planning our hols...! Join Date: Jun 2023
Location: Ireland
Posts: 67
Likes: 0
Received 0 Likes
on
0 Posts
One assumes that the people listed as 'advisory board' are also treading carefully as to extent of their involvement. They will be aware that the 'appointment' will remain a part of their CVs/resumes forever.
I took a temporary employment position during the covid pandemic and it's definitely not included on my CV/resume.
Join Date: Jun 2023
Location: Ireland
Posts: 67
Likes: 0
Received 0 Likes
on
0 Posts
>>> I mean that with Global, the current 'advisory board' have all been announced by way of press releases, and in media articles (EG Flight) - so anyone who has been associated with this fabulous new airline will have that on their records in the future whether they want to or not. A quick search through archives or online will show the people responsible. (Whether or not they choose to include on their CV or resume - which I suspect some may choose not to...)