Strategic on Credit hold ???
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Join Date: Jun 2006
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Strategic on Credit hold ???
Hmmm: Micheal James & Co have got some serious talking to do on Monday morning with their bankers !!!
It's gotta be difficult now after losing that " cash cow " ADF contract & that embarrassing Soloman alliance / GLA RPT events.
I reckon that office is jinxed: Ozjet, SAW now Strategic ???
If they can last past FEB 12, I'll eat my hat !!!
It's gotta be difficult now after losing that " cash cow " ADF contract & that embarrassing Soloman alliance / GLA RPT events.
I reckon that office is jinxed: Ozjet, SAW now Strategic ???
If they can last past FEB 12, I'll eat my hat !!!
Join Date: Mar 2006
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In the current climate, there are many businesses who will either face increased funding costs or have funding facilities withdrawn entirely due to re-assessment of risk / downgrading of credit rating.
Strategic won't be immune from these effects.
Strategic won't be immune from these effects.
Join Date: Mar 2007
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Know my company has issued an email about not loaning Strategic any equipment, as they haven't been paying their bills. Cash up front, me thinks.
That can't be a good sign
That can't be a good sign
Maybe it's true, maybe not but I am also aware of the prevalence of unscrupulous competitors and/or their employees trying to circulate such rumors to try to discredit an airline.
It's a very low act and perpetrators of such rumors should, if this is the case, hang their heads low.
It's a very low act and perpetrators of such rumors should, if this is the case, hang their heads low.
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Yes, I trust there is significant substance to the alleged rumour, or those that have posted above may find they are held to account at law.......
Join Date: Jul 2007
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I recall posting about a regional airline who was clearly in trouble with respect to fuel supplies.
I recall Tail Wheel chastising me
......... questioning my accuracy.
I recall being shortly there after proven correct.
Where there is smoke there is usually a fire, but just be sure of how you are reading your smoke signals or TW's warnings could be accurate also
I recall Tail Wheel chastising me
......... questioning my accuracy.I recall being shortly there after proven correct.
Where there is smoke there is usually a fire, but just be sure of how you are reading your smoke signals or TW's warnings could be accurate also
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I recall Tail Wheel chastising me 
......... questioning my accuracy.
......... questioning my accuracy.
He is a pussycat deep down
Moderator
If there is substance to the rumour the punters should be aware and cautious, in particular the staff.
But if the post is mere s--- stirring, those who propagate the rumour may be held accountable for any damages suffered by the company.
Tonight the Moon is in the first quarter.......
But if the post is mere s--- stirring, those who propagate the rumour may be held accountable for any damages suffered by the company.
Tonight the Moon is in the first quarter.......
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Mr G Dock,
I seem to outpost you 8:1, and old mate TW has only cracked me a couple times, clearly I need to try harder
And yes, I was sure, 100%, but if you are not His words are wise.
Now sh## stirring at TW ...... That's a sport no matter where the moon is
I seem to outpost you 8:1, and old mate TW has only cracked me a couple times, clearly I need to try harder
And yes, I was sure, 100%, but if you are not His words are wise.
Now sh## stirring at TW ...... That's a sport no matter where the moon is
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Hey VBA that's odd 1/4 of the engineers at Strategic are ex Virgin, a couple of ex Jet*, ex sunnies, JHAS and some good ex RAAFies and I believe none of the LAMEs that have started with Strategic in the last 6 months have left. Don't let the truth get in the way of a good rumour.
Most companies I've worked with wait to the last minute to pay their bills, just because of the rumours, suppliers are giving Strategic less latitude. QF Group standard terms are end of the month +45 days, cobam 90 days from invoice, not sure about Virgin, I guess it depends on you reputation how far suppliers let you go.
Most companies I've worked with wait to the last minute to pay their bills, just because of the rumours, suppliers are giving Strategic less latitude. QF Group standard terms are end of the month +45 days, cobam 90 days from invoice, not sure about Virgin, I guess it depends on you reputation how far suppliers let you go.
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I dont work for Strategic, however I admire their spirit and get annoyed when people are looking for ways to put them down. I know several people working there and they love it!
I hope they gain financial momentum and respect from the industry, because it seems that there are always some people who are just plain nasty.
I hope they gain financial momentum and respect from the industry, because it seems that there are always some people who are just plain nasty.
Never heard of anyone applying for a job back at the old company, especially if that is a small company like VB 
Yes, I really admire the spirit of these companies and detest the negative nellies too, right up to the point when they go broke, close the doors and leave 100s of people jobless and penniless, like so many before them.
If they are having credit problems why shouldn't people know? The employer sure as hell won't tell them.
I have it on good authority 2 A330s have been " delayed ", make of that what you will
Yes, I really admire the spirit of these companies and detest the negative nellies too, right up to the point when they go broke, close the doors and leave 100s of people jobless and penniless, like so many before them.
If they are having credit problems why shouldn't people know? The employer sure as hell won't tell them.
I have it on good authority 2 A330s have been " delayed ", make of that what you will