Good News For BWA? [Archive]

euroboy

14th Jan 2002, 13:42

The receivers Kroll Buchler Phillips have announced that they are in negotiations with over 40 potential buyers who have come forward.

Reported on BBC CeeFax Local news (Eastern Counties)

Hopefully, something will come out if this.

evolante

14th Jan 2002, 15:57

Euroboy - presume you mean the subsidiary - World Aviation Support..... I cant imagine 40 offers being received for the BAC 1-11's which are BWA's only 'assets'

I would guess that the likes of Heavylift, FR Aviation, FLS etc would be interested in the WAS workshops.

ADC

15th Jan 2002, 02:33

Hey Dan, strange place for this to live.

I understand that the BAC111's are actually owned by the bank....which doesn't leave much on the airline side to buy.

The maintenance side , I would have thought, is worth having as a going concern.

dewort

6th Mar 2002, 05:23

Allo Allo,. .BWA is also the ICAO code for BWIA out of the Caribbean. I checked this thread therefore in semi error thinking it was something to do with our lot..Bwee to our friends <img border="0" title="" alt="[Wink]" src="wink.gif" /> . .. .May I ask, to whom does this thread refer?. .. .Trinidude.

EXECUTE

7th Mar 2002, 22:40

BRITISH WORLD AIRLINES!

happygolucky

7th Mar 2002, 23:51

would not be heavylift they have there own problems

Mr Softie

8th Mar 2002, 00:55

Think this one's a bit out of date. .. .The assets, for what they are worth, of British World Airlines were purchased from Kroll's and a new company BWA (2002) Ltd formed.. .. .Inflite purchased WAS the other week.. .. .As for the poor old 1-11's, they are still kicking around at SEN. It's like an aircraft graveyard at times. anyone want a Koda Air 707

exeng

8th Mar 2002, 05:00

See the post on R & N,. . <blockquote>quote:<hr />I've just had a phone call telling me that the main backer of BWA 2 has withdrawn his support. It's tragic that just when we were starting to feel some hope of getting back to work, we have once again been abandoned.. . <hr /></blockquote>See here: <a href="http://www.pprune.org/ubb/NonCGI/ultimatebb.php?ubb=get_topic;f=1;t=018060" target="_blank">British World</a> . .. .I hope some good news is forthcoming.. .. .Regards. .Exeng