Ozjet- Hear They Are Insolvent
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Ozjet- Hear They Are Insolvent
There has been a lot said about Heavy Lift's purchase of OZJet and that all of OZjet's problems of not being able to pay it's creditors will disappear.
Rumour has it on the rock (NI) that OZJet owes heaps of money to a number of creditors on the island.
I guess that is only to be expected when Leach is involved and he keeps the same management that lost all the money in OZjet in the 1st place.
Of course how can they make money flying antiquated airplanes. The fuel bill alone is enough to bankrupt a small state.
Rumour has it on the rock (NI) that OZJet owes heaps of money to a number of creditors on the island.
I guess that is only to be expected when Leach is involved and he keeps the same management that lost all the money in OZjet in the 1st place.
Of course how can they make money flying antiquated airplanes. The fuel bill alone is enough to bankrupt a small state.
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Ozjet- Insolvent?
Yep, it's always the small creditors that get hit the hardest. Understand that about $1million is owed to creditors on NI
I'm not surprised NA is moving to OA, you have to wonder it took them so long to make that decision.
I mean OA, ok it has had issues and god knows where they get the $$$ from but at least they operate an appropriate ac.
I'm not surprised NA is moving to OA, you have to wonder it took them so long to make that decision.
I mean OA, ok it has had issues and god knows where they get the $$$ from but at least they operate an appropriate ac.
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Hey I was in the HVY SYD office today. Yep before HeavyLift took over OZ owed 1.2M on the island and 8.0million all up. Today all creditor on the ROCK are below 14 days with combined creditors of AUD $65,000 all up.
Seems your info is pre buy out. This is why Our Airline is SH@TTING themselves plus.
1) APNG getting own 737
2) SOL AIR Govt doing deal with OZ
3) OZ have NLK contract for 12 months and will start up against NLK Air and defeat OA/NLK Air on the route.
4) OZ put in for traffic rights to Nauru ( advertised next week ) extend 1 sol flt per week
5) HeavyLift are preferred Defence provider and are winning all defence passenger movements with OZ Jet over OA.
HEAVYLIFT HAVE OZ JET DOING JAPAN CHARTER NEXT WEEK FOR KEVIN RUDD ????
OZ are doing 1.5 million in charters in June ?
Remember HeavyLift is Australian Flag carrier for cargo. Qantas for passengers?
Go figure OZ Jet are on the way back up ?
Seems your info is pre buy out. This is why Our Airline is SH@TTING themselves plus.
1) APNG getting own 737
2) SOL AIR Govt doing deal with OZ
3) OZ have NLK contract for 12 months and will start up against NLK Air and defeat OA/NLK Air on the route.
4) OZ put in for traffic rights to Nauru ( advertised next week ) extend 1 sol flt per week
5) HeavyLift are preferred Defence provider and are winning all defence passenger movements with OZ Jet over OA.
HEAVYLIFT HAVE OZ JET DOING JAPAN CHARTER NEXT WEEK FOR KEVIN RUDD ????
OZ are doing 1.5 million in charters in June ?
Remember HeavyLift is Australian Flag carrier for cargo. Qantas for passengers?
Go figure OZ Jet are on the way back up ?
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HeavyLift is Australian Flag carrier for cargo
P.S its its Australian's flag carrier why cant they put the aircraft on the australian register?????
This is why Our Airline is SH@TTING themselves plus.
Sorry but I don't quite understand this post.
What has OZ Jet owing money (apparently in the past) got to do with Our Airline ..........etc etc.
Also, as I understand it, OZ Jet have NLK contract for 12 months ONLY if they come up with a 737-300 by 31 December 2008. No 300. No contract after 31 Dec 2008.
Please feel free to correct me if I am in error Heavy Cargo.
What has OZ Jet owing money (apparently in the past) got to do with Our Airline ..........etc etc.
Also, as I understand it, OZ Jet have NLK contract for 12 months ONLY if they come up with a 737-300 by 31 December 2008. No 300. No contract after 31 Dec 2008.
Please feel free to correct me if I am in error Heavy Cargo.
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HeavyLift are preferred Defence provider and are winning all defence passenger movements with OZ Jet over OA.
I'm aware that H/Lift's 727F's haven't been to Dili all that much recently whereas Toll's 733F's have - and on ADF charters, to boot. The 727F once used to be a reasonably frequent visitor there on that work.
Elsewhere on another thread it is claimed that OA did an ADF troop charter to DRW very recently and not H/lift - that would seem to discredit the claim of your outfit winning "all defence passenger movements" over OA. So, really, what's the truth?
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WW. Last 10 Freighters to DILI were HVY727s, Toll only did 2 flts 8 months ago ?
The only Airlines with ADF are Qantas and HeavyLift plus 4 brokers. So OA needs to go through their broker to another broker to ADF. HVY/OZJ go direct. Once you cut two middle men out you are the champion.
I said OA has another 3 flights in the next 4 month that they got prior to the OZ takeover.
Start counting from now and see how many more flights the others airlines get going forward ?
The only Airlines with ADF are Qantas and HeavyLift plus 4 brokers. So OA needs to go through their broker to another broker to ADF. HVY/OZJ go direct. Once you cut two middle men out you are the champion.
I said OA has another 3 flights in the next 4 month that they got prior to the OZ takeover.
Start counting from now and see how many more flights the others airlines get going forward ?
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Cutting out the two middle men probably makes your gas guzzlers on par with the competition equipment which should make a fairly even playing field. You can't carry the loads or fly the distance that the 300 can without fueling stops so the advantage is only yours when the loads are light. But then you could show us all how its done with quotes which are unprofitable just to show you can get the work. No point doing the work if you can't make money.Aviation is full of people who can turn lots of money into lttle but those who run a safe,responsible and legal operation are few and far between.
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Elsewhere on another thread it is claimed that OA did an ADF troop charter to DRW very recently and not H/lift - that would seem to discredit the claim of your outfit winning "all defence passenger movements" over OA.
Last 10 Freighters to DILI were HVY727s, Toll only did 2 flts 8 months ago
The only Airlines with ADF are Qantas and HeavyLift plus 4 brokers So OA needs to go through their broker ....
The only Airlines with ADF are Qantas and HeavyLift ....
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Boys, take it easy. Let me make it clearer. OZ Jet are going to run against Our Airline .Who did the last 6 pax to Dili OZ. Who did Kevin 07 Japan Indonesia charter OZ.
OA can keep running around for AUD$3000 ACMI for APNG/ SOL Air etc that is all OA is doing these days you have 3 Dilis left, thats it?
OZ get OA doing the low yield jobs in the single 737 and then use the OZ spare aircraft " Gas Guzzler " to take $12000 per hour when OA is not available Not hard to out smart the Islanders ???????
THE ACMI JUST WONT PAY YOUR STAFF MAINTENANCE AND LEASE COSTS.
Wake up its over.
OA can keep running around for AUD$3000 ACMI for APNG/ SOL Air etc that is all OA is doing these days you have 3 Dilis left, thats it?
OZ get OA doing the low yield jobs in the single 737 and then use the OZ spare aircraft " Gas Guzzler " to take $12000 per hour when OA is not available Not hard to out smart the Islanders ???????
THE ACMI JUST WONT PAY YOUR STAFF MAINTENANCE AND LEASE COSTS.
Wake up its over.
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WW
No broker for OZ Jet they are owned by HeavyLift ?
No need to talk anymore the action has started ? Good luck for your side, but suspect all the OA crews will be flying for OZ Jet soon, so guess we should all get along.
No broker for OZ Jet they are owned by HeavyLift ?
No need to talk anymore the action has started ? Good luck for your side, but suspect all the OA crews will be flying for OZ Jet soon, so guess we should all get along.
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You had better preach your flawed message to your own staff as I hear there are a lot of OZJET resumes in the OA files and they are not old applications but as recent as this week. There are too many inaccuracies in your threads to bother addressing them so I guess time and the market place will prove who is right . But I know this much the bunch at OA are a hard and dedicated group of guys and gals who do a fair days work for a fair days pay and want nothing but to provide an air service to their owners and a comfortable lifestyle for themselves because without them Nauru will either loose their service or be ripped off by outsiders until they realise there is no blood left in the stone and abandon them. As stated earlier no one in their right mind except the national carrier would want the unprofitable route unless it was to eliminate competition in order to feather their own nest because they are frightened of the affordable and sensible competition provded by OA.
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No broker for OZ Jet they are owned by HeavyLift
Who did the last 6 pax to Dili OZ.
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WITWIW I don't think heavy lets the truth get in the way of a good story.Anyway no fear as he is no real threat as anyone with an ounze of business nounce wouldn't be so upset with the little players in the east and the pacific but would be going where the real money is ,but maybe the west don't want him. I guess if you had no morals you could put bids in for the other brokers for the ADF charters and then undercut your competition by putting in a cheaper bid at the last minute as a prefered bidder.Someone should point out to the ADF the flaw in their bidding system and let all and sundry bid for the defense charters, then they wouldn,t have to pay OZJET's inlated $12,000 per hour price. I.'m glad this fact has been put in writing by Heavy as it would make good reading in any submission, after all its my taxes paying those bills
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Fenix and Witwiw,
Now you are getting close to the issue. HL while on the Sierra Leone register and AOC were not allowed to operate in Europe or the US and were in fact on the banned operator list. However our ADF continued to use them. So much for duty of care.
There is only one reason why they are on the current Philippine register and that is they clearly thought they couldn't meet the standards required here in Australia otherwise they would have done it. As I've alluded to on another thread it will be really interesting to see where the Ozjet operation and AOC goes.
This prefered defence provider concept is flawed in so many ways. On what basis are brokers on the list in the first instance? Surely the operations should be done on the basis of approvals, standards and then price not what some broker can pull out of his hat.
It's interesting that all the major companies such as BHP, Shell, the Major Banks constantly have approved operators which are subject to constant audits.
What do the ADF do? Nothing, but then again if you are used to sending people into war zones and danger perhaps this doesn't figure. It would be very interesting to see what the outcome would be should something untoward happen. While this government is intent on doing investigations into all sorts of issues perhaps the defence procurement processes might be a good one too.
And there are no prefered operators, just prefered suppliers but lets not let the truth get in the way of a good story Heavy Cargo (or should I say Nick!)
Now you are getting close to the issue. HL while on the Sierra Leone register and AOC were not allowed to operate in Europe or the US and were in fact on the banned operator list. However our ADF continued to use them. So much for duty of care.
There is only one reason why they are on the current Philippine register and that is they clearly thought they couldn't meet the standards required here in Australia otherwise they would have done it. As I've alluded to on another thread it will be really interesting to see where the Ozjet operation and AOC goes.
This prefered defence provider concept is flawed in so many ways. On what basis are brokers on the list in the first instance? Surely the operations should be done on the basis of approvals, standards and then price not what some broker can pull out of his hat.
It's interesting that all the major companies such as BHP, Shell, the Major Banks constantly have approved operators which are subject to constant audits.
What do the ADF do? Nothing, but then again if you are used to sending people into war zones and danger perhaps this doesn't figure. It would be very interesting to see what the outcome would be should something untoward happen. While this government is intent on doing investigations into all sorts of issues perhaps the defence procurement processes might be a good one too.
And there are no prefered operators, just prefered suppliers but lets not let the truth get in the way of a good story Heavy Cargo (or should I say Nick!)
Last edited by Rudder; 15th Jun 2008 at 10:51.
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ADF probably prefers to charter a 20 year old -300 as opposed to a 30+ year old -200, like all of us would. But when the -300 is not available it has no other choice but to use the -200.