SKYAIRWORLD: Management to take "Leave?
Join Date: Mar 2009
Location: Perth
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Fair Enough
However, cane toad used a disk that day because I was on the A/C. He also forgot to bring it with him; he sent his lackie to the engineering office to retrieve it. Capt told me who was nice a pi&*ed off at this time... It was a comedy of errors.
I was only with company for a short time and spent thousands off dollars heading north (leaving me somewhat angry that I’ve lost a lot of money). So I can only comment on what I saw. I regret not meeting the engineers that were spoken about favourably. I was told by the flight crews that there were some who were extremely dedicated. I apologise if you took offence to any of my comments.
Ok, enough about apportioning blame. Let’s get our damn money!!
Join Date: Jun 2008
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Moderator
Five, ten or even twenty ex staff members attending the Creditor's Meeting may not give you enough "voice and votes".
You need numbers! Someone should be carrying the Proxy votes for those who can not attend and a responsible person with some knowledge of administration and liquidation procedures should hold the Proxies and be appointed staff spokesman.
Sorry to rain on your parade, but it is not the Administrator's task to "put the Directors behind bars" or even "grill" the Directors (at least not publicly).
The Administrator's task is to investigate the companies financial position, recover funds and assets and pay creditors in accordance with legal priority.
The Directors may not even attend the meeting as they are out of the picture and the Administrator is now solely responsible for the company - or what is left of it.
Put all those thoughts of differences and vengence aside, that is yesterdays news! You are attending the meeting solely to maximise and expedite payment of your entitlements. You have the right to question the relationship between the company in Administration and the related entities not under external management and the right to vote on any proposed arrangements.
You need numbers! Someone should be carrying the Proxy votes for those who can not attend and a responsible person with some knowledge of administration and liquidation procedures should hold the Proxies and be appointed staff spokesman.
Sorry to rain on your parade, but it is not the Administrator's task to "put the Directors behind bars" or even "grill" the Directors (at least not publicly).
The Administrator's task is to investigate the companies financial position, recover funds and assets and pay creditors in accordance with legal priority.
The Directors may not even attend the meeting as they are out of the picture and the Administrator is now solely responsible for the company - or what is left of it.
Put all those thoughts of differences and vengence aside, that is yesterdays news! You are attending the meeting solely to maximise and expedite payment of your entitlements. You have the right to question the relationship between the company in Administration and the related entities not under external management and the right to vote on any proposed arrangements.
Adding to Tailwheel's good advice, I suggest that those who cannot attend give proxies to a Union representative. The LAME's have a good rep and pilots could nominate the AFAP. If you are not currently a member of the AFAP, they are doing a $65 deal for anyone currently unemployed. Could be a worthwhile investment and it's tax deductible anyway.
Even if you do nominate someone as a proxy, give up the beach for a day and plan to be there anyway.
Even if you do nominate someone as a proxy, give up the beach for a day and plan to be there anyway.
Join Date: Feb 2009
Location: under a rock
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proxy vote
I believe that we should all get together and give our vote to 2 or 3 proxy voters that would give us a strong position. It is important that if you are not going to the meeting that you give your vote to some one that is. I do intend going but will give my vote to a proxy to ensure a unanimous vote is cast. I am also happy to stand as a proxy for those that can't attend but am unsure of what actually happens at these meetings. I think it would be better if we chose some one that has prior knowledge of happenings.Are there any volunteers that are going to the meeting and prepared to stand up for all ex staff as a group? Now is the time to forget our differences and stand and fight together. There was a good core element at SAW that were trying to make it work legally, and safely, lets stand together and show DJC who it was he f*cked with.
Not sure if this is the right place to organise proxy voters due to anonymity of posters, any suggestions.
Are DJC and FIL running for government they seem to have all the right credentials!
See you all at the meeting, you will know me because I won't be wearing a red rose in my lapel as I can't afford one!
Join Date: Feb 2009
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We need to hold a face to face meeting with all possible before the creditors meeting to hold a public and transparent proxy vote.
I would like to nominate Steven K. (737 pilot) as the proxy rep.
I do not beleive anyone has any bad blood with him personally.
He has gone through this process before and is familiar.
He is owed an above average amount due to large unpaid salary sacrifice, hence he has a big dog in this fight.
I trust him.
Any 2nds???
I would like to nominate Steven K. (737 pilot) as the proxy rep.
I do not beleive anyone has any bad blood with him personally.
He has gone through this process before and is familiar.
He is owed an above average amount due to large unpaid salary sacrifice, hence he has a big dog in this fight.
I trust him.
Any 2nds???
Moderator
I do not beleive anyone has any bad blood with him personally.
He has gone through this process before and is familiar.
He is owed an above average amount due to large unpaid salary sacrifice, hence he has a big dog in this fight.
I trust him.
He has gone through this process before and is familiar.
He is owed an above average amount due to large unpaid salary sacrifice, hence he has a big dog in this fight.
I trust him.
This is only the first meeting of creditors and nothing much will be decided until later when the Administrator has creditor's Proof of Debt and is able to prepare interim accounts.
Unless the creditors decide to remove the Director's appointed Voluntary Administrator and replace with a Creditors appointed Liquidator.........
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I would like to nominate Steven K. (737 pilot) as the proxy rep.
However, I think this proxy vote co-ordination should be taken off pprune now - may I suggest the private forum for ex-SAW staff at e-jets.org as the best way forward for progressing this issue.
Join Date: Sep 2007
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sthaussiepilot
SK has my vote
Speaking of little birds all a twitter, one told me that Joint Logistics in Dubai is to be run by Tim G and Peter S. Still trying desperately to get the Danish gig.
Join Date: Jul 2004
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Little Birds are smokin' crack
Mach E,
I think that you will find that your birdy friends are smoking crack and talking through their bottoms old boy.
At least one of the above mentioned is far too busy running his own business.
Good for a laugh though!
I think that you will find that your birdy friends are smoking crack and talking through their bottoms old boy.
At least one of the above mentioned is far too busy running his own business.
Good for a laugh though!
Join Date: Sep 2007
Location: Australia
Age: 64
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From the Travel Daily today
SkyAirWorld debts
COLLAPSED carrier SkyAirWorld
owes creditors a whopping $40m,
according to a report to be sent
out today by the company’s
administrators.
The federal attorney-general’s
dep’t has also confirmed that the
carrier’s contract to provide
services between the mainland
and the Indian Ocean territories
of Christmas and Cocos (Keeling)
Islands was terminated on Mon.
A creditor’s meeting is scheduled
for next week, with the
administrator saying he’d had an
expression of interest in the
airline’s remaining assets incl its AOCaccording to a report to be sent
out today by the company’s
administrators.
The federal attorney-general’s
dep’t has also confirmed that the
carrier’s contract to provide
services between the mainland
and the Indian Ocean territories
of Christmas and Cocos (Keeling)
Islands was terminated on Mon.
A creditor’s meeting is scheduled
for next week, with the
administrator saying he’d had an
expression of interest in the
Join Date: Feb 2009
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So we have gone from $15 million in creditors to $40 million in the span of 48 hours. It is obvious that Ken and the holding company has now become the major secured creditor to the tune of $25 million. How do we get ours before Ken gets his?
Join Date: Nov 2006
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Insolvent transactions and ghost directors!
Hola Guys,
to my Aussie friends:
KA has been clearly been acting in thre role of a director. Legal advice will show this. He should not be considered a creditor secured or otherwise, his charge over SAW is not valid until at least 6 months from lodgement .A wash up from the insolvency expert should show “ghost” directorship. If it doesn’t you will all regret not voting in an “arms length” administrator at first creditors meeting.
Any attempt to carry forward contracts in whatever name may be seen by the authorities as an insolvent transaction. Don’t forget that SAW employee’s entitlement and super monies has been used in the development of these contracts, this also includes remote resorts!
Bien day
to my Aussie friends:
KA has been clearly been acting in thre role of a director. Legal advice will show this. He should not be considered a creditor secured or otherwise, his charge over SAW is not valid until at least 6 months from lodgement .A wash up from the insolvency expert should show “ghost” directorship. If it doesn’t you will all regret not voting in an “arms length” administrator at first creditors meeting.
Any attempt to carry forward contracts in whatever name may be seen by the authorities as an insolvent transaction. Don’t forget that SAW employee’s entitlement and super monies has been used in the development of these contracts, this also includes remote resorts!
Bien day
Join Date: Apr 2008
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Mach E Avelli is right
Mach E,
I think that you will find that your birdy friends are smoking crack and talking through their bottoms old boy.
At least one of the above mentioned is far too busy running his own business.
I think that you will find that your birdy friends are smoking crack and talking through their bottoms old boy.
At least one of the above mentioned is far too busy running his own business.
Desperate times call for desperate measures, and Djc now has called in the puppet and Shrek cause everyone else has bailed on him.
Join Date: Jul 2007
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Creditors Meeting
The creditors meeting is on Wednesday 25th March, I got that from Heather one of the staff representing the administrator. As yet I have no time but as soon as I do then I shall post here.
And don't forget "Don't get angry get even"
ILLEGITIMI NON CARBORUNDUM EST
And don't forget "Don't get angry get even"
ILLEGITIMI NON CARBORUNDUM EST
Join Date: Nov 2006
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So,
the "point" men must gather as many proxie's as possible. By weight and volume - look at fuel, catering, maintenance supplier for weight and employees for volume.
Take with you, into the meeting, an alternate administrator - before briefed!
This is all critical if you want "arms length"!
the "point" men must gather as many proxie's as possible. By weight and volume - look at fuel, catering, maintenance supplier for weight and employees for volume.
Take with you, into the meeting, an alternate administrator - before briefed!
This is all critical if you want "arms length"!
Join Date: Jul 2004
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Strike 2 to RNP10
RNP,
You appear to be as ill informed as Mach E.
The 'other' business is doing fine. There are no creditors.
Thats strike 2 to you.
Any other ill informed desperado's wanting to be strike 3?
Carry on regardless as it makes for fun reading.
You appear to be as ill informed as Mach E.
The 'other' business is doing fine. There are no creditors.
Thats strike 2 to you.
Any other ill informed desperado's wanting to be strike 3?
Carry on regardless as it makes for fun reading.