View Full Version : NAC Durban sold!
Sir Cumference
7th Jun 2005, 12:54
Rumours abound that the Durban branch of NAC has been sold to Sheltham Aviation currently based in PE. The process is underway to finalize the deal.
NAC will maintain the Durban helicopter operation as well as an aircraft sales office. Essentially it will be a name change and staff and operations will continue as before.
Sheltham bought NAC PE some years ago and have successfully run and expanded that business.
Interesting times!
Gunship
7th Jun 2005, 13:18
Who would have thought about that ... :}
...and Sheltam Aviation in turn has been sold to Grindrod!!!
Gunship
7th Jun 2005, 16:28
Did 43 Air school not belong to NAC or partners of some sorts ??
NAC bought 43 a few years ago.
A good forrester trims dead wood or he will have no forrest. :O
BAKELA
8th Jun 2005, 15:31
Does NAC not belong to Safair and does Safair not belong to Imperial? Now what...?
ruffusruffcut001
8th Jun 2005, 17:19
BAKELA
as far as I know N.A.C, Safair belong to the Imperial group and Safair has bought some shares at Naturelink.
BAKELA
8th Jun 2005, 17:52
rr1,
Is that maybe why Naturelink got the Embraer agency in SA? I was wondering...?
antiskid
10th Jun 2005, 09:13
Its the end of an era for N.A.C. Durban. A great shame as there are some good folks down there. Hopefully everyone will continue to be employed by the new guys.
ruffusruffcut001
10th Jun 2005, 17:01
BAKELA
I dont think Naturelink got the EMB agency because of their connections, but that,s a personal opinion however Naturelink bought/leased , not sure, the first EMB 120 around the second quarter of last year which replaced an ex Nac 1900D in Amman , Jordan
BAKELA
11th Jun 2005, 14:58
Ruffs,
I believe it's only for the Lagacy but that Naturelink is also looking at an EMB service centre for southern Africa. Good stuff if it's true.