Another one bites the dust...

[Desert Flower]

Horizon Airlines has officially gone into receivership as of today.

[Chocks Away]

...with such promise... what went wrong?

[hoss]

What the ....................,but how?:sad:

Best wishes to those involved, hopefully something better will come from this. hoss:ok:

[23 Metros In a Row]

bugga.

Another 4 metro's to join the row.

Never a good thing for Australian aviation.

Doesn't mean they have shut down tho. Any public statement in relation to continued ops? Maybe the two Marks are involved?!#

[Lusimtingting]

Think it might be voluntary administration and they may try to trade out of the problem

[Rich-Fine-Green]

I guess this also affects their Aero Pelican ops too.

Sad to see, good luck to all the staff & management.

[Winchester]

Aero Quack is owned by IAP International Air Parts. IAP “Steve Ferris” sold Horizon, to a Sydney Publican some months ago. The deal was encouraged by the GM, Mr Trevor Douglas, for the people in the know “Bickies JNR”. Mr Douglas’ dream of running an airline that was owned by a pub had finally come true. But as we all know pubs make money, airlines don’t. Horizon was a solid company, with very piss poor leadership from the top “yes that’s you *****. ***** you have single handedly Fu**ed it for over 120 boys and girls. “Well done” Best of luck to all, lets hope the hard workers at Horizon are swallowed up by something bigger and better.
Winchester


:* :yuk: :{

[tinpis]

This is very sad news indeed.

Will the team of geriatrics off the 748 be assisted to a palliative care unit?:}

[Torres]

Did IAP sell Horizon around August or September 2002? I assume that was only the HS748 and Metro operation, and not the Aero Pelican Twin Otter operation?

Which did Bikkies Jnr manage? Horizon, not Aero Pelican?

Name HORIZON AIRLINES PTY LTD
ACN 070 778 835

ABN 88 070 778 835

Type Australian Proprietary Company, Limited By Shares
Registration Date 18/08/1995
Next Review Date 18/08/2004
Status Registered
Locality of Registered Office Bankstown NSW 2200
Jurisdiction Australian Securities & Investments Commission

Former Name(s) INTERNATIONAL AVIATION PTY. LTD.
.
Date Number Pages Description
23/09/2003 0X0206939 Not Imaged 480B Company Statement Annual - Proprietary Company Statement

11/09/2003 019547707 5 484E Change to Company Details Appointment or Cessation of a Company Officeholder

04/08/2003 019453349 1 312A Notification of Discharge

[HabibBro]

Must try harder.

W

[bitter balance]

If the company was strong why did IAP sell it?

[23 Metros In a Row]

Why did IAP sell it?

As I posted before, Taree, Cooma and Grafton. The graveyards of NSW RPT.

All a bit like a B grade horror movie really. The victim knew they would die if they went into the dark room with an knife carrying murderer in there, but they went in anyway. Just like the next victim, and there will be one.

[On Track]

I understand it is VOLUNTARY administration - whatever that means.

[Poto]

Didn't Flight West go into Voluntary Administration?

[phuqmeded]

I understand Ansett also went into voluntary administration.

[On Track]

Mmm, well in that case I guess voluntary administration is not good.

[Turbiney]

Then Horizon Airlines was bought by a short bald c**t who said he'd "write a cheque", but was not wealthy, or tall enough, to own an airline. All words said to make him feel taller than what he was.

Have another beer - on Robert Halpin - the publican. We could also refer to this as a "pub with no beer" - named the Horizon lounge for frequent flyers, or "suckers" should I say. :yuk:

I feel sorry for the families involved with the company that will now suffer at the hand of this man with a syndrome. Oh, and a best mate, who was his best pub customer, named Bikkies Jnr. How successfully they both destroyed a company that may have had a future.

[rambone]

The CEO and Qa Manager were dismissed due to creative accounting, documented inside their heads.The current general manager who happens to be an alcoholic met the republican who now finances Horizon, in one of his pubs .The general Manager thanks to nepotism keeps his simpleton brother employed as a head engineering manager.What a circus!
The workers who keep this Airline running need some forward direction. Well done the new republican for bringing in the administrators, hope it catches out the drunken clown!

Please substitute the word Publican with the word republican in my last post.

..... listen up laddie anymore of that stuff and you will be banned ... Woomera

[Turbiney]

I don't think the CEO and QA Manager were dismissed. In fact, a close source tells me they walked out because the place was a complete circus.

I think the creative accounting was done at the pub. Cash going missing and alcoholic drunks screaming at pilots "to fly that f**ing aeroplane regardless".

[rambone]

Why is his nickname Bikies jnr?

[TopperHarley]

Will the duck be effected ??

Hope not. Damn good operation.

[Torres]

rambone. Check your PM's.

[23 Metros In a Row]

I understand that a creditors meeting was to be held yesterday.

I was wondering if there was any news or developments?

[tinpis]

:p

Grand news, geriatric pilot living a life of genteel poverty in Adelaide.

:ok:


oops religious status corrected:}

[On Track]

According to ABC News, the creditors have given the administrator three weeks to get it all sorted.