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Vincent in receivership !!!

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Old 30th May 2014, 07:34
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Vincent Aviation Saabs ferrying to Townsville | Australian Aviation

It’s regrettable that another regional airline has gone into receivership, however as the national carrier we will help the community where we can,” QantasLink CEO John Gissing said in a statement. “We understand how important access to air transport is to regional Australia, especially for medical and business purposes.”
Has anyone told AJ yet? And come to think of it, there's a pattern here of airlines managed by people called Alan/Allan giving themselves payrises while the company burns around them.
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Old 30th May 2014, 09:10
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Well John,
if your senior management had have supported the "Industry" instead of your own self centered agenda, maybe, just maybe, CAsA may have been checked. Its eventually going to come back and bite you on the ass, but by then there will be no GA left to back you up.
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Old 30th May 2014, 09:50
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Think Broome air services had there 1900 with them as well
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Old 30th May 2014, 14:01
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If any of the Vincent pilots are interested, Skytrans will be hiring 3x First Officers for their Cairns base, starting mid July.
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Old 30th May 2014, 15:06
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Qantaslink on white charger is riding in to save stranded passengers on some NSW routes with "rescue fares".

Anyone with fares booked through a credit card can of course go to the card company and reject the charge due to non delivery of goods/service as happened when Ansett fell over.

QF Industry release follows.

Best all EWL

Qantas today announced it will provide special relief airfares for customers impacted by Vincent Aviation going into receivership.

QantasLink CEO John Gissing said the airline would do what it could do assist impacted customers.

“It’s regrettable that another regional airline has gone into receivership, however as the national carrier we will help the community where we can,” Mr Gissing said.

“Effective immediately, discounted relief airfares will be offered to customers who hold a valid Vincent Aviation ticket between Narrabri and Sydney.

"We understand how important access to air transport is to regional Australia, especially for medical and business purposes.

Vincent Aviation customers in Narrabri who currently hold a valid ticket will be able to book a discounted relief airfare from QantasLink’s closest ports, Moree ($96 one way) and Tamworth ($82 one way).

Impacted customers can access the relief airfares via the Qantas Contact Centres on 13 13 13 or at Qantas Airport Sales Desks.

Following the collapse of Brindabella Airlines in December 2013, Qantas immediately offered discounted relief airfares for impacted customers.

Background:

Vincent Aviation went to receivership on 28 May 2014
Vincent Aviation took over the Narrabri – Sydney route following the collapse of Brindabella Airlines in December 2013
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Old 30th May 2014, 22:40
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Oh no. Toodogs you've mentioned the S word! Now we shall await the thread drift from cactus!
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Old 31st May 2014, 01:36
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this is just free advertising for QF link, filling aircraft, which would otherwise have empty seats.


Big discounts ? Probably less than $1.
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Old 31st May 2014, 02:16
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Oh no. Toodogs you've mentioned the S word! Now we shall await the thread drift from cactus!
'S Word?'. Too many to choose from-
Savaloy?
Symbiotic?
Septuplets?
Sled?
Semen?
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Old 31st May 2014, 03:21
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I spent quite a bit of time on Vincent's 146 and SAABs last year, supervising charter contracts. Peter was pushing hard for more and more, offering rock bottom, market penetration prices while the broker made substantial profits. I knew little about the smaller NT operations in recent times (I was there when they flew into Suai though) but Peter was pushing hard for higher utilization of the 146 and Saabs on the east coast. Peter struck me as a genuine guy, but I think that relying on brokers to do your bidding, while flying in crew from NZ and offering limbo-low prices was completely unsustainable. We have too many players fighting over minuscule profits, while being hampered at every turn by glacial, inflexible regulation and ripped off by sharks who have no interest in the future of the industry.

I wish all the retrenched crews the best of luck for the future.
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Old 31st May 2014, 04:23
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But they had good secure contracts for the B1900C/D aircraft so surely there would have been a positive cash flow?

If he was aiming for higher utilization of the Saab's why did he buy x 4 in the first place?

Wouldn't it be wise to start off with one or two then expanding?
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Old 31st May 2014, 07:04
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XPT - the fare levels are in there and do not mention "subject to availability" and they are at better than good levels.

Yes - they may be on a predatory marketing jag, but it is very positive for disrupted passengers.

After all the Airline has burst and they don't need to be nice and could just say internally to the passengers "Go pound wet sand up your arse and serves you right!

Regards

EWL
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Old 31st May 2014, 21:04
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Apparently the Saabs were going to supplement or surpass the 1900 on many routes at the same basic cost however that was based on NZ/FAA regs and because of an absurd CASA rule regarding the span of the main gear ratio to the strip width which I've long forgotten being back in the real world again..theres only a couple of places they can go in the NT with them..so that was a fizzer..good luck to the crews..tough place to make ends meet in Darwin..weeks rent in an apartment was the GDP of a pacific island nation and Vincent's pay wasn't exactly "industry best"
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Old 1st Jun 2014, 00:11
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I noticed in Friday's "Australian Financial Review" an advertisement by the receiver for the company.

I presume that is the company shell, no aircraft but it seemed to suggest that it included the AOC. I thought that the AOC was automatically revoked in such cases - am I mistaken?
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Old 1st Jun 2014, 00:34
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My understanding is that it is not 'revoked' but instead put in a 'holding pattern', of sorts until operations are ready to be started again. If there are changes to key post holders etc then it is back to square one for a number of the AOC elements.
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Old 1st Jun 2014, 03:16
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How about the 1900's up in Myanmar?
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Old 1st Jun 2014, 05:56
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because of an absurd CASA rule regarding the span of the main gear ratio to the strip width
Perhaps you look at NZ CAA Part 121 Appendix C.1 for your absurd rule
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Old 1st Jun 2014, 08:50
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Sad for all the staff at Vincent. Until recently, they were not a bad outfit.

On a positive note, rumour is that there might be a ground staff job or two advertised on Seek in the next week or so for experienced check in or dispatch type people on a contract basis initially.
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Old 2nd Jun 2014, 00:12
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all fares are always subject to availability
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Old 4th Jun 2014, 09:39
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Vincent in receivership !!!

.............

Last edited by Radix; 18th Mar 2016 at 02:26.
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Old 4th Jun 2014, 11:57
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....who saw this coming???

The creditors...
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