Another twist in the tale:ooh:

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

suck egg mule

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

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

Here is the program:

BBC iPlayer - Face the Facts: Payment Holiday

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

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.

E-Clear boss spent cash on luxury cars

Thursday, March 18, 2010

Article Details - Travel Trade Gazette

Administrators report:

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

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...;)

It would be interesting to know
 

When all is completed, just what PWC's final fees are...............

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.

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.

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!!

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 ?

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.

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.

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

Ok. Spotting stage officially reached. Thread closed.