Agreed. As one that TD left high and dry back then (and he was also long gone with his fortune instead of facing his staff) I feel for all the people that he's left decimated at Globespan. Best of luck to you all, you deserve better.

To Little Blue
 

Sorry to hear you got caught up in this one Little Blue.
Wish you good luck and all the best for the future.

Hope to help in these down times. But Smartlynx airline will need 3 B767 Line trainers soon.

Contact [email protected]

Good luck guys

It's all coming back to me now, I'd forgotten about the Excalibur thing and the business with the DC10 and all that, thanks for the reminder !

Best of luck guys in 2010. I know a couple of good faces from the company who are now out of work. A real tough one and a kick in the nuts just before xmas.

Do we know where the :mad: TD has went to then????

Its not entirely his fault but there are some shocking ways he treated his staff blaming them for many faults but theres nobody to blame this time.
I would have had alot more respect for the man if he had the balls to turn up yesterday and face his staff and the demise of his company and to have spoke to them personally, Rick Green on the other hand was all appologies and seemed pretty upset by what had happened which he gains small respect for.

Flyglobespan was owed £34m by E-Clear
 

More at:- BBC News - Failed airline 'badly let down'

I sincerely hope that TD + twisted sister are prevented by the "men from the ministry" of continuing or starting up any other travel business or airline.

It's shameful how the upper floors didn't listen to poeple who had years of experience and knowledge but were not allowed to have their opinions considered.

Best of luck to all of the flying and operational staff.

Keep the faith

Keep the faith ?
 

As in what a seething ball of rats will do next ?

He didn`t do it on his own sunbeam.

Sorry, I just dont get this whole E-Clear thing and the withheld £34m the BBC are reporting. I can sort of understand how the £14m of payments for future travel hadnt yet reached Globespans accounts, but I can see no justification for E-Clear holding on to £20m of fares for flights that had already taken place. How can any airline continue day to day operations when your credit card clearer holds on to your revenue. I dont doubt that the company overstretched itself in recent years and I cant help thinking if they had stuck to flying full 737s each day from GLA/EDI/ABZ to the sun in conjuction with their well established travel brand, they might still be around. But how can any operator keep paying their bills if the cash for operated flights isnt forthcoming. :confused:

Debonair would seem the model. After 2 years of feasting by the financial vultures there was still a few bob left.

got the mortgage and car loan on holiday for a month, if i'm still up the creek next month, any chance of putting me the wife and kids up for a few nights, it would be much appreciated mr D.
yours sincerely

Who would have thought you could lose money by flying scots to sunny destinations.

v6g
 

You are a very naughty man/miss/mrs/ms.

You can`t be too careful.

E-Clear?I do not think so
 

This e-mail was sent to all a year ago before MoD ACMI started.No Comment.Where is the money and the properties Mr Chairman?A new boat for a great Barbados retirement? :D


29th September 2008
Dear all
Below is a a copy of a letter which Tom sent to editors of the leading daily newspapers and also key multiple travel agent account holders on the 29th September. Please read the letter, it sends a very strong message to both the press and travel agents and assists us, the workforce to remain strong in this rumour ridden climate. regards
Karan

K. B.
Deputy Managing Director






Dear XXXXXXX

Having spoken with you in the past on airline matters, I feel it is only appropriate that I write this letter to you to explain the Globespan Group`s current position and outlook in what is a difficult time for the airline sector.

I am delighted to say that, despite some negative comments and innuendo in a weekend media story, the company and the airline are extremely well positioned to see through the well documented problems facing the industry at present.

Without delving into the specific reasons why there have been so many high-profile airline casualties of late, the common denominator seems to be one of debt and the manner in which that was dealt with – a problem further exacerbated in XL’s case as they had a huge MBO loan to service.

Flyglobespan has no such problems. We have no debt and in addition have substantial cash assets, built up over 30 years over successful trading as the Globespan Group.

We have significant property assets in the UK, France and Spain – and, most importantly, have a strong and powerful business model.

We have just enjoyed our best-ever summer with record load factors in the budget airline sector and a considerable increase in yield from last year.

As we enter the traditionally more difficult winter months for the travel industry, we have leased a number of our planes to other carriers in a multi-million pound exercise that will maximise our assets over the coming months.

This week another of our aircraft starts a leasing agreement with the Ministry of Defence flying regularly from Brize Norton to the Falklands.

These various leases add-up to multi-million revenue earners for the airline at a time when the industry generally incurs loses

As we look ahead to next year, our advanced sales are ahead of plan and we have already announced an expansion to our Aberdeen services as well as new routes from both Glasgow and Edinburgh.

I am not denying it has been a difficult time for the airline industry. The soaring price of airline fuel has led to some rapid re-evaluation of business plans but, despite these difficulties and a general economic slowdown, we have performed well and put last year’s problems firmly behind us.
But as we look to build on our summer successes, it would be wrong to ignore the public’s unease over the airline industry. That has been heightened by the negative rumours involving not just this airline but others.
I don`t know who is trying to de-stabilise us by putting out these rumours - but they are wasting their time. Our customers, thankfully, are ignoring them as our planes are full and our advance bookings are very healthy. After last year`s difficulties we will be back in profit this year - and very well positioned for the future.

I feel it is time to put a stop to this whispering campaign of negativity. Hence this personal letter to you which, I hope explains flyglobespan’s current position.

I hope too, that it reassures you that the airline about which you have written so positively in the past will continue to champion the cause of Scotland’s holidaymakers for many years to come.

Kind Regards

Tom Dalrymple
Chairman
Globespan Group Ltd

Did it work ?

They have left their crew's far away to make their own way home. What a nasty company they were. My best to all and i hope you make it home for the holidays.

Allbury Travel ceases trading
 

......and now the plot thickens.

looks like being involved with E-clear is risky or is that just the nature of the current business models?

The FSA, as a matter of urgency, should get into E clear and start investigating their trading practices and compliance with regulations, then take appropriate action if it is found necessary.

E clear, if they have nothing to hide, should welcome such an investigation from their regulatory body.

I wish them luck....they maybe based in the UK however ownership may well be outside of UK duristiction.