Strategic Aviation to buy Ozjet
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Dear wing & a prayer
For what it's worth (and it probably doesn't matter any more)- I reckon it was a set of events that were not of YC's making or Corporate/Operational control..............
Think you'll find that asset values on airframes once the events of 11 Sept happened, rendered the show (all shows) insolvent- as was most of Aviation for the moment.
Only avoidable if one was not in Administration- which as fate would have it Flight West was, - tip here, look to Partners and deals not done on Burners well before meltdown...........
Tootle pip- also think you may find that the Administrator's made/paid Super & a Token- but yes, did miss on entitlements beyond...........
Define, "Sh#te Load"- bet mine's bigger that yours
.............. and I'm not related........ and it really doesn't matter............
If you worked for them- maybe that's all "we" can take from that, and without outing myself- I'd fight/work for RDB (RIP) and what was (including the wonderful "People" and staff that had tenure- as highlighted by Torres) again- you wont see that in the future.......... ever.
Rgds
S28- BE
to set the record straight flight west where insolvent (despite what they told everybody) and paid 0c in $
Think you'll find that asset values on airframes once the events of 11 Sept happened, rendered the show (all shows) insolvent- as was most of Aviation for the moment.
Only avoidable if one was not in Administration- which as fate would have it Flight West was, - tip here, look to Partners and deals not done on Burners well before meltdown...........
Tootle pip- also think you may find that the Administrator's made/paid Super & a Token- but yes, did miss on entitlements beyond...........
Define, "Sh#te Load"- bet mine's bigger that yours
.............. and I'm not related........ and it really doesn't matter............If you worked for them- maybe that's all "we" can take from that, and without outing myself- I'd fight/work for RDB (RIP) and what was (including the wonderful "People" and staff that had tenure- as highlighted by Torres) again- you wont see that in the future.......... ever.
Rgds
S28- BE
Last edited by Section28- BE; 13th Jun 2009 at 11:05. Reason: Manners
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Game Set And Match...
If I was a betting man, and I am not...
Strategic Airlines is SIMPLY setting up for the future.
1. Brindibella (Strategic Link)- Done Deal, smart move
2. OzJet Airlines (Strategic Domestic)-Done deal, smarter move
3. 51% of Tiger (Strategic Inter)- Almost Done deal, smartest move yet
Strategic Airlines is SIMPLY setting up for the future.
1. Brindibella (Strategic Link)- Done Deal, smart move
2. OzJet Airlines (Strategic Domestic)-Done deal, smarter move
3. 51% of Tiger (Strategic Inter)- Almost Done deal, smartest move yet
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Dear S28- BE,
Yep I would agree with that one, if it wheren't for AN collapse and sept 11 we may have seen some or all of our money.
[QUOTE][Define, "Sh#te Load"- bet mine's bigger that yours........... ... and I'm not related........ and it really doesn't matter............/QUOTE]
Try around $100k in ticket charge backs, we wheren't even a creditor until the liquidators declared a nil payout and passengers charged back all the credit card charges for tickets they had purchased from me.
As always it ussually falls back on the staff and small punters like us that pay for things that are beyond our control.
I am a lot wiser now and automatically realise once the administrators are called in you say good bye to your money, at least Geers provides some hope for the staff.
regards w & p
For what it's worth (and it probably doesn't matter any more)- I reckon it was a set of events that were not of YC's making or Corporate/Operational control..............
Think you'll find that asset values on airframes once the events of 11 Sept happened, rendered the show (all shows) insolvent- as was most of Aviation for the moment.
Think you'll find that asset values on airframes once the events of 11 Sept happened, rendered the show (all shows) insolvent- as was most of Aviation for the moment.
[QUOTE][Define, "Sh#te Load"- bet mine's bigger that yours........... ... and I'm not related........ and it really doesn't matter............/QUOTE]
Try around $100k in ticket charge backs, we wheren't even a creditor until the liquidators declared a nil payout and passengers charged back all the credit card charges for tickets they had purchased from me.
As always it ussually falls back on the staff and small punters like us that pay for things that are beyond our control.
I am a lot wiser now and automatically realise once the administrators are called in you say good bye to your money, at least Geers provides some hope for the staff.
regards w & p
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Giday- wing & a prayer
Yes acknowledged- when big things move these things happen, was that NLK ticketed revenue???
Am not having a go, but for me and mine- will see your $100k & raise you if you want- bloody hard for all affected, and I'm not here to justify or explain, as trust me 'twas a fight well fought against some circumstances I hope and pray Aviation doesn't see again here in Aus- ever!!!.
GEERS, you can have that one- a shimmy to show some tacit care and understanding in my view- prosecuted for Gvt expedience........... Administrators...........hmmmmmmmmm- "Hope", no there was and would never be any hope out of that, hard and clinical loss for the staff... anything out of that was repaid by the administration prior to any distribution outside..........
Trust your world is now stable & moved beyond.
Rgds & best wishes
S28- BE
Yes acknowledged- when big things move these things happen, was that NLK ticketed revenue???
Am not having a go, but for me and mine- will see your $100k & raise you if you want- bloody hard for all affected, and I'm not here to justify or explain, as trust me 'twas a fight well fought against some circumstances I hope and pray Aviation doesn't see again here in Aus- ever!!!.
GEERS, you can have that one- a shimmy to show some tacit care and understanding in my view- prosecuted for Gvt expedience........... Administrators...........hmmmmmmmmm- "Hope", no there was and would never be any hope out of that, hard and clinical loss for the staff... anything out of that was repaid by the administration prior to any distribution outside..........
Trust your world is now stable & moved beyond.
Rgds & best wishes
S28- BE
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A convenient rumor
How convenient for Ozjet- Heavy to involve yet another third party. It takes the flack of their real issues of liquidation / admistration not to mention their immediate responsibilities of crew and staff payments.
The Ozjet-Heavy executive (mob) would still enjoy their fine lifestyle and continue to sleep soundly knowing they have the money and time to plan their next move.
Strategic like many other proven operators have their own issues which I am sure they will resolve. They are respected and appear to have a solid corporate structure with little need to purchase Ozjet to obtain an AOC.
The Ozjet-Heavy executive (mob) would still enjoy their fine lifestyle and continue to sleep soundly knowing they have the money and time to plan their next move.
Strategic like many other proven operators have their own issues which I am sure they will resolve. They are respected and appear to have a solid corporate structure with little need to purchase Ozjet to obtain an AOC.
Moderator
This thread closed - please refer to THIS thread.
