PAE

[Zinfandel]

PAE’s B757 ferried to BNE a few days ago and rumour has it that the receiver had been called in.

[brokenagain]

PACIFIC AIR EXPRESS MSN 22211 PTY LTD Credit Report (https://creditorwatch.com.au/credit/profile/73624789635/PACIFIC-AIR-EXPRESS-MSN-22211-PTY-LTD)

It would appear so.

[blubak]

PAE’s B757 ferried to BNE a few days ago and rumour has it that the receiver had been called in.
Looks like once the work with qantas freight ended there was nothing to keep it going.

[wondrousbitofrough]

If you can’t make money with a cargo aircraft, in what is the biggest boom the air freight industry has ever seen, then you might as well pack up and go home.

Obviously your sympathies go out to all affected...

[Duck Pilot]

Off the subject, who has hired the UK registered DHL 767 freighter to operate in between Singapore and Melbourne with a tech stop in Darwin over the last week?

[717tech]

Was the PAE 757 just a temporary contract? That’s a shame if so, it was a good looking machine. I’m hope those involved land with their feet.

[Global Aviator]

Off the subject, who has hired the UK registered DHL 767 freighter to operate in between Singapore and Melbourne with a tech stop in Darwin over the last week?

It is doing Vaccine transports I believe.

[sid-star]

That's not good. PAE had some GC's working for them - let's hope they can rise like a phoenix and grace the skies once more.

[smiling monkey]

That's not good. PAE had some GC's working for them - let's hope they can rise like a phoenix and grace the skies once more.

What/who are "GC's"?

[Wizofoz]

If you can’t make money with a cargo aircraft, in what is the biggest boom the air freight industry has ever seen, then you might as well pack up and go home.
I believe it was a victim OF the boom. The aircraft are more valuable now and a nervous shareholder saw there was more short term money in liquidating than operating.

[Chris2303]

I believe it was a victim OF the boom. The aircraft are more valuable now and a nervous shareholder saw there was more short term money in liquidating than operating.

Worried about the possibility of "trading whilst insolvent" perhaps?

[TBM-Legend]

I believe it was a victim OF the boom. The aircraft are more valuable now and a nervous shareholder saw there was more short term money in liquidating than operating.


needs a C check, no EDTO, one potential engine issue [big bucks] and zero reserves. aircraft #2 stored in Hungary and engines in Spain

[Anti Skid On]

What/who are "GC's"?

I have heard an expression Good C you Next Tuesday's, maybe it's that?

[B772]

All assets including AOC for sale by tender.

[dartman2]

You can buy the jet now, its listed on Slattery's site

[mates rates]

You don’t need EDTO for freighter operations

[krismiler]

FEDEX might be interested in buying it as the type makes up a quarter of their fleet, and a “C” check wouldn’t be a big issue for them.

[Dehavillanddriver]

You don’t need EDTO for freighter operations
What makes you say that? Genuine question.

[Dehavillanddriver]

All assets including AOC for sale by tender.
Think the AOC is toast as all post holders were laid off - so no AOC

[TBM-Legend]

You don’t need EDTO for freighter operations
The ETOPS requirement is pretty much the same for all aircraft irrespective of usage as long as its under parts 121 or 135, as noted in the FAA InFO 07004, New ETOPS Regulations (https://www.faa.gov/other_visit/aviation_industry/airline_operators/airline_safety/info/all_infos/media/2007/info07004.pdf):
The new ETOPS rules are now applicable to:

Part 121

• All two-engine airplanes more than 60 minutes flying time from an adequate airport (at a one-engine-inoperative cruise speed under standard conditions in still air).

[down3gr33ns]

EDTO routes often offer a time advantage, PER-MEL v.v. springs to mind. PAE was doing this for a time for QF but non-EDTO. Was this a possible factor in them losing that work?

I think you’ll find the QF freighters are EDTO as are many other freighters operating in Australia. I can’t see the operators going to that expense if you don’t need EDTO for freighter operations

[TBM-Legend]

EDTO routes often offer a time advantage, PER-MEL v.v. springs to mind. PAE was doing this for a time for QF but non-EDTO. Was this a possible factor in them losing that work?

I think you’ll find the QF freighters are EDTO as are many other freighters operating in Australia. I can’t see the operators going to that expense if

A321PF taking over and only three months left to run on contract and out of cash. Airwork took a big look and walked after two weeks

[zanthrus]

The QF A321 isn’t doing so great either right now. Not fit for purpose I think. Too fragile an aircraft for a freighter. QF are working their 737-400F’S pretty hard still and Airwork are rumoured to be looking to add more aircraft too.

[717tech]

The QF A321 isn’t doing so great either right now. Not fit for purpose I think. Too fragile an aircraft for a freighter. QF are working their 737-400F’S pretty hard still and Airwork are rumoured to be looking to add more aircraft too.
Genuine question- What's the difference between freight vs PAX with regards to a "fragile" aircraft? It seems to do less sectors as a Freighter.

[Wizofoz]

Genuine question- What's the difference between freight vs PAX with regards to a "fragile" aircraft? It seems to do less sectors as a Freighter.

Well, for starters, there's that big hole cut in the side- This effects the torsional strength of the aircraft and freight conversions often end up with cracking in unexpected places. The lighter the original build, the more susceptible to this. 737 -800 are actually showing fatigue problems the venerable -400 isn't.

Then there's the floor- takes an absolute pounding, so the tougher the original, the less wear and tear on the P2F.

THEN there's the fact they tend to be old airframes. Low utilisation, so using an older, cheaper aircraft makes sense even if it uses more fuel- complex aircraft like A321s have a lot mor gizmos to age and fail at inconvenient times.

[B772]

How many people lost their jobs. How many were pilots.

[ebt]

Seems that there is a rush on to replace the previous capacity they had to PNG, Vanuatu and and Solomons using a French-registered A321P2F - https://www.iasc.gov.au/sites/default/files/documents/transpac-express-application-for-capacity-new-caledonia-png-solomon-islands-vanuatu.pdf

[TBM-Legend]

So they want to start in July 2022 and be fully "utilised" by 1 October 2020???

PAE weren't operating a schedule like this at all....

[TBM-Legend]

Same mob: https://seafarersrights.org/wp-content/uploads/2014/11/NZL_CASE_TRANSPAC-EXPRESS-LTD-V-MALAYSIAN-AIRLINES_2002_ENG.pdf

[blubak]

Seems that there is a rush on to replace the previous capacity they had to PNG, Vanuatu and and Solomons using a French-registered A321P2F - https://www.iasc.gov.au/sites/default/files/documents/transpac-express-application-for-capacity-new-caledonia-png-solomon-islands-vanuatu.pdf
Is there another 321p2f currently flying?
I was under the impression the qf freight 1 was the 1st 1 to be converted but guessing a few more have been done by now.

[davidclarke]

Is there another 321p2f currently flying?
I was under the impression the qf freight 1 was the 1st 1 to be converted but guessing a few more have been done by now.

There are currently two companies offering conversions of the A321. ST aerospace in Singapore and also Precision Aircraft in the US, with their recently certified A321pcf.

Both have a number currently in conversion, including an ex JQ aircraft. ST have converted a handful so far that are flying in the US and Europe.

[ebt]

And now Pionair are throwing their hat into the ring, seeking allocations to fly BAe146 freighters to Vanuatu, New Cal, PNG and Solomon Islands: https://www.iasc.gov.au/sites/default/files/documents/capacity-application-25-june-2021.pdf.

[jbr76]

Any updates on PAE?

[markis10]

Any updates on PAE?

Aircraft sold and heading east as I post

[jbr76]

Aircraft sold and heading east as I post

Is the company still operating?

[TBM-Legend]

Is the company still operating?
Liquidated..

[Square Bear]

[QUOTE]Is the company still operating?/QUOTE]

Think not quite Liquidated.....yet, "just" under external administration....but aircraft - sold and gone, staff - gone, business??, business cred??

So TBM, in essence, yeah, may as well say liquidated for the life it has left.

Have to say though it was a beautiful freighter to see either parked or working on the ramp - Boeing used an artist to design that model for sure!!

[TBM-Legend]

[QUOTE]Is the company still operating?/QUOTE]

Think not quite Liquidated.....yet, "just" under external administration....but aircraft - sold and gone, staff - gone, business??, business cred??

So TBM, in essence, yeah, may as well say liquidated for the life it has left.

Have to say though it was a beautiful freighter to see either parked or working on the ramp - Boeing used an artist to design that model for sure!!

Company: PACIFIC AIR EXPRESS AUSTRALIA PTY. LIMITED ACN: 074 265 553 Status: In Liquidation Secondary Status: Receiver & Manager Appointed

[Square Bear]

Company: PACIFIC AIR EXPRESS AUSTRALIA PTY. LIMITED ACN: 074 265 553 Status: In Liquidation Secondary Status: Receiver & Manager Appointed

Thanks TBM,...shows that Dr Google searches don't always lead to the correct rabbit hole!

For what its worth here is the listing on the ASIC website where google took me.

ASIC SEARCH - PAE (https://connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchText=074265553&searchType=OrgAndBusNm&_adf.ctrl-state=2msxym7b0_15)

Name: PACIFIC AIR EXPRESS AUSTRALIA PTY. LIMITED ACN: 074 265 553 ABN: 26 074 265 553(External Link) (http://abr.business.gov.au/Search.aspx?SearchText=26%20074%20265%20553) Registration date: 5/06/1996 Next review date: 5/06/2022
Status: External Administration Type: Australian Proprietary Company, Limited By Shares Locality of registered office: SYDNEY NSW 2000 Regulator: Australian Securities & Investments Commission.

And so with PAE in liquidation as you say, wouldn't that give employees access to the Governments Fair Entitlements Guarantee (if needed)?

[Upside747]

Does anyone know the fate of the other PAE 757 which was getting maintenance checks in Europe that wasn’t able to be in service with the company before bankruptcy?

[TBM-Legend]

Does anyone know the fate of the other PAE 757 which was getting maintenance checks in Europe that wasn’t able to be in service with the company before bankruptcy?


No engines and headed to the scrap man with a big bill holding onto its tail...