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-   -   Flyglobespan into administration (https://www.pprune.org/airlines-airports-routes/399168-flyglobespan-into-administration.html)

inspecther gadget 22nd Jan 2010 20:57


Anyone know where he is?
Have you tried his Yacht in Nice?

matkat 23rd Jan 2010 08:15

4567 any interview with TD would be worthless because he would blame everyone but himself, make no mistake here e-clear is a smokescreen I know well enough his mismanagement of his airline having to sit in the boardroom up to 3 times a day and listen to it. TD was a damn good travel agent but an airline man he certainly was not.
He was more than capable of bringing the airline down all by himself with or without any influence by e-clear.

4567 23rd Jan 2010 12:35

Its a shame Rick Green was never really given a chance you know he most likely was the puppet to TD.
Its a shame the company was never floated or left by the owner to people he could entrust to run it better.

matkat 24th Jan 2010 05:47

4567 I have to agree with you, I only worked with Rick for about 4-5 months before I left but in that time I had some good talks with him on his ideas for the way forward for the airline and at first at boardroom level TD did seem to listen however after the honeymoon period ended it was obvious that TD was back to his old ways, I can only really talk from the engineering perspective but if he had left MK.GF & DMc to get on with it and no interference from him (TD) then I hope and think from an engineering standpoint things would have been turned around, even now I still hear(and see on here) how engineering let the company down, however it was not us that contracted icelandair for the disastrous summer of 2007.

ecj 24th Jan 2010 11:50

Had the Icelandic aircraft not appeared, then the huge loss for that year would not have occurred. There were those who pleaded with TD not to down this route. This was the start of the slippery slope?
Financial credibility now suffers with all that entails.

And when did E-clear appear on the seen ?:ugh:

matkat 24th Jan 2010 12:01

ecj, I was certainly one of those that advised him not go down this route only because the borescope reports showed definate problems with TF-TIF but as you say he was determined that was what he wanted, for the record after auditing NEOS I personaly had no issues with them and in fact had hoped they would have been back for S08 why they did not, as I have previously I have no idea.

spinnaker 24th Jan 2010 18:07

skyman771
"Errr I doubt this ! I don't have in depth knowledge of this specific appointment"

PWC did get money for themselves, but not the GSM creditors. But yes I agree, I'm no expert either, I just know when its time to run. :eek:

Matkat
"TD was back to his old ways"

Yup, I had a front row seat. The demise of the company had nothing to do with engineering, (or eclear) but EVERYTHING to do with management at the most highest level. In all of my years sat in the front, I never once came across an engineer who did not want to do the right thing. But I did see a lot of dispirited people who knew what to do and when, but prevented buy other forces.

matkat 25th Jan 2010 07:10

Well Spinnaker I also had a front seat so I have a fair idea who you are(out of a cast of 2) I am sure you know who I am, thanks for your kind words in reference to engineering.
Rgrds
DM

luvly jubbly 25th Jan 2010 09:35

GSM Engineering could well come under scrutiny again....

Ethiopian Airlines ET-AMZ (Boeing 737 Next Gen) (Ex G-CEJP ) - Airfleets

matkat 25th Jan 2010 09:43

LJ rubbish.

luvly jubbly 25th Jan 2010 10:01

MatKat, I was GSM for the full 6 years, so I'm not having a go.
You know as well as I do that they will most likely look into maintenance history amongst other things..

LJ

matkat 25th Jan 2010 10:28

LJ fair enough, yes I agree the A/C docs will be looked through but that does not imply that FGS engineering will be looked at, as the A/C was only handed over to Ethiopian in December all the docs will already have been scrutinised by Flyertech and Ethopian (+ILFC) prior to handover so therefore it is unlikely there will now be any FGS engineering issues, obviously not being at FGS since July 08 I have no idea what check JP went through prior to redelivery to Ethiopian but the Norm is 'C' check. So this would be the likely starting point (from an engineering issue) of course it would be normal practise to examine all maintenance documents from birth.

4567 25th Jan 2010 15:42

Quite hard to believe i was on that a/c not so long ago :bored: Oman Air and the rest of asia had seen more of G-CEJP than FGS ever did. It was a good hybrid livery it had when it returned.

Hope the missing people are found.

edilpa 25th Jan 2010 17:25

according to ethiopian airlines website it was ET-ANB (the ex ryanair) that crashed at BEY not ET-AMZ ex JP.

IB4138 25th Jan 2010 17:53

The Ethiopian is ET-ANB (MSN 29935 ex Ryanair EI-CSW), which was delivered from Lasham after end of lease works on 13th September 2009.

touch&go 27th Jan 2010 10:31

More light on the eclear affair in the Cyprus Mail today, the bit about missing files says it all.



E-Clear demise down to ?bad judgement and incompetency? - Cyprus Mail

Phil Space 29th Jan 2010 23:53

And a good overview on E-Clear and how they brought Zoom and Flyglobespan down here;
How E-Clear tycoon Elias Elia lost £100m – and where it went - Times Online

parkfell 30th Jan 2010 06:38

One of the oldest ploys in the book
Robbing Peter to pay Paul.:=

Facelookbovvered 30th Jan 2010 09:33

The more one reads about this the less it looks like fraud and more about poor management in both companies,part of the problem stems from weak Goverment oversight in all matters financial and this has hit Scotland very hard in a number of business sectors. One has to wonder how much of it is intentional on the part of Westminster. Many viewed the threat of the SNP as the death knell for a future Labour Goverment, all the talk of tiger economy and Celtic power house was just that in the end talk.

A country (Scotland) with Europe's worst drug and alcohol abuse, poor life expectancy and high unemployment is fertile breeding ground for Labours core vote and just when the country thought it was on the up it all falls apart.

Just like the Irish as things get worse they will reject the SNP and independance and ruturn to the comfort blanket of English hand outs, with only dreams and debts to show for the desire of a National airline for Scotland. RIP Globespan:E

GS John 30th Jan 2010 20:44

Anybody else see the irony that FGS folded needing about £30 million, and BA have apparently lost about that per day in 2009?

Could British Airways really go bust or not? - Times Online

and

http://business.timesonline.co.uk/to...cle7009209.ece

suck egg mule 31st Jan 2010 14:58

Another twist in the tale:ooh:

Shots fired at home of tycoon linked to Flyglobespan collapse - Scotland on Sunday

spinnaker 10th Feb 2010 17:40

suck egg mule

So you wouldn't fancy starting a joint venture with him then. :eek:

mustpost 11th Feb 2010 08:16

As Jimmy Cricket was in the habit of saying, 'and there's more'...
BBC News - FlyGlobespan cash used to prop up second firm

touch&go 11th Feb 2010 16:51

Here is the program:

BBC iPlayer - Face the Facts: Payment Holiday

mustpost 27th Feb 2010 18:53

Not sure if there's anything fresh here, but anyway..
FlyGlobespan credit firm 'to be probed' - Edinburgh Evening News

touch&go 27th Feb 2010 19:39

Boyle firm with E-Clear ties goes under

(25 February 2010)

Another company linked to failed credit card processing firm E-Clear has ceased trading.

Canadian operator Go Travel South, formerly called Go Travel Direct, ceased operations yesterday. Reports in the Canadian press suggested it would be bringing home customers in resort, but around 2,000 customers yet to fly would be out of pocket.

The company was founded by Scottish expat Hugh Boyle, who was believed to be chasing E-Clear for clearance of payments for Go Travel Direct before the credit firm was forced into administration at the start of the year. Boyle also ran Zoom Airlines, which failed in 2008.

Go Travel South specialised in travel from Canada to Mexico and the Dominican Republic.

A statement on the firm's website said: "We are saddened to inform you that effective immediately, Go Travel South is ceasing all of its operations due to economic circumstances. Please do not show up to the airport for you flights as they will not be departing."

Go Travel South is the latest company to fail with links to E-Clear. The card processing firm was itself forced into administration last month following the collapse of Scottish operator Globespan.

Random Flyer 18th Mar 2010 17:02

E-Clear boss spent cash on luxury cars

Thursday, March 18, 2010

Article Details - Travel Trade Gazette

touch&go 18th Mar 2010 20:32

Administrators report:

http://cdn.flyglobespan.com/20100312...0Proposals.pdf

DAVYDAY 19th Mar 2010 18:17

boss spent cash on luxury cars
 
E-Clear boss spent cash on luxury cars

I had a wee chuckle at that heading..What TD didn`t ! aye right.:rolleyes:

Globespan directors also did over the years..

Who cares anymore as long as they stay well out of the airline business and concentrate on playing at hotels or hiding with Lord Lucan.

The board got everything that was coming.
Unfortunatly many many staff,suppliers and airports were stung with them...

Karma . peace . and here`s to a good future for all (well except that shower).:zzz:;):D:ok:

I`am out of here...;)

boredcounter 19th Mar 2010 22:47

It would be interesting to know
 
When all is completed, just what PWC's final fees are...............

matkat 20th Mar 2010 06:04

Davy Davy, come on we normally agree but in FGS there was certainly no luxury cars at colinton if you are refering to TDs Porsche though in some circles that would be however it was his personal car (along with the cherokee) The only truely luxurious car that was in the car park albeit it not regularly was the silver Ferrari 355 and I can assure you the owner was NOT a director, in fact when TD saw it and found out who the owner was he was none to please and passed down to engineering for the owner to remove it from the carpark however as the said owner had a blue badge this was never done.
p.s. I know the Ferrari owner very well the above is 100% true, he was an hourly paid contractor though in a fairly high position, can you guess or do you know who it was? if so initials will suffice.

Kiltie 20th Mar 2010 13:11

What was wrong with TD having luxury cars? It was his company, his capital investment so he could spend it on whatever he saw fit. He's the man at the top who took the risks in business so he deserves the spoils. Please don't tell me you think all Flyglobespan staff should have had pay rises and he should have only drawn what everyone else earned?

The comparison with Elia is unfair. Elia used cash that didn't belong to him to fund a luxury lifestyle.

Love or loathe TD, he was a businessman no different to any other involved in this level of investment. To expect him to live a mediocre lifestyle is laughable.

matkat 20th Mar 2010 15:02

Kiltie I agree 100% his money so he could do what he wanted with it in this day a 4 year old porsche can hardly be seen as a 'luxury' car nice yes but hardly in the Bentley/RR league though I think taking it to the main dealer to get the windscreen washer filled up really was a tadge extravagant:}
Still waiting for the initials of the Ferrari owning member of the engineering staff though:p
Surprised DD has not mentioned TDs yacht moored in Nice harbour!!

cabot 26th Apr 2010 19:44

Flyglobespan Aircraft
 
Anyone any idea the whereabouts of all these aircraft , particularly the 767's ? Have they been leased out to other operators or are the lying gathering dust in a field ?

gd44 26th Apr 2010 21:47

G-CEJO is operating for Travel Service as OK-TVN.
AW and CH are sitting in Beograd, however have operated some adhoc flights for operators requiring some additional capcity latley.

G-CDEG left before the company was placed into administration but is operating for Norwegian Air Shuttle and JP is operating for Ethiopian.

The 767s are sitting in Miami as far as I am aware.

Curious Pax 27th Apr 2010 06:46


Originally Posted by gd44 (Post 5660009)
AW and CH are sitting in Beograd, however have operated some adhoc flights for operators requiring some additional capcity lately.

Are you sure? They have both been in Air Livery at Manchester recently - SAAW was repainted into Blue Air livery, and left on 10/4, whilst DLCH was repainted into Midwest colours and left on 11/4.

Wellington Bomber 28th Apr 2010 06:38

One of them was in Shannon, just over 2 weeks ago parked over near the cargo side

Evileyes 28th Apr 2010 06:52

Ok. Spotting stage officially reached. Thread closed.


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