Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

PAE

Old 3rd May 2021, 12:35
  #1 (permalink)  
Thread Starter
 
Join Date: Oct 2020
Location: Australia
Posts: 9
PAE

PAEís B757 ferried to BNE a few days ago and rumour has it that the receiver had been called in.
Zinfandel is offline  
Old 3rd May 2021, 20:38
  #2 (permalink)  
 
Join Date: Nov 2014
Location: Timbuktoo
Posts: 153
PACIFIC AIR EXPRESS MSN 22211 PTY LTD Credit Report

It would appear so.
brokenagain is online now  
Old 3rd May 2021, 21:15
  #3 (permalink)  
 
Join Date: Dec 2004
Location: melbourne
Posts: 573
Originally Posted by Zinfandel View Post
PAEís B757 ferried to BNE a few days ago and rumour has it that the receiver had been called in.
Looks like once the work with qantas freight ended there was nothing to keep it going.
blubak is offline  
Old 4th May 2021, 10:45
  #4 (permalink)  
 
Join Date: May 2012
Location: Stralya
Posts: 66
Originally Posted by davidclarke View Post
If you canít make money with a cargo aircraft, in what is the biggest boom the air freight industry has ever seen, then you might as well pack up and go home.
Obviously your sympathies go out to all affected...
wondrousbitofrough is offline  
Old 4th May 2021, 11:16
  #5 (permalink)  
 
Join Date: Mar 2005
Location: Darwin and PNG
Age: 50
Posts: 1,170
Off the subject, who has hired the UK registered DHL 767 freighter to operate in between Singapore and Melbourne with a tech stop in Darwin over the last week?
Duck Pilot is offline  
Old 5th May 2021, 00:15
  #6 (permalink)  
 
Join Date: Feb 2008
Location: Australia
Posts: 306
Was the PAE 757 just a temporary contract? Thatís a shame if so, it was a good looking machine. Iím hope those involved land with their feet.
717tech is offline  
Old 5th May 2021, 00:57
  #7 (permalink)  
 
Join Date: Nov 2013
Location: Equatorial
Age: 48
Posts: 822
Originally Posted by Duck Pilot View Post
Off the subject, who has hired the UK registered DHL 767 freighter to operate in between Singapore and Melbourne with a tech stop in Darwin over the last week?
It is doing Vaccine transports I believe.
Global Aviator is offline  
Old 5th May 2021, 06:11
  #8 (permalink)  
 
Join Date: Dec 2007
Location: NZ
Posts: 9
That's not good. PAE had some GC's working for them - let's hope they can rise like a phoenix and grace the skies once more.
sid-star is offline  
Old 5th May 2021, 11:20
  #9 (permalink)  
 
Join Date: Jun 2001
Location: Jungle
Posts: 555
Originally Posted by sid-star View Post
That's not good. PAE had some GC's working for them - let's hope they can rise like a phoenix and grace the skies once more.
What/who are "GC's"?
smiling monkey is offline  
Old 5th May 2021, 17:59
  #10 (permalink)  
 
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,427
Originally Posted by davidclarke View Post
If you canít make money with a cargo aircraft, in what is the biggest boom the air freight industry has ever seen, then you might as well pack up and go home.
I believe it was a victim OF the boom. The aircraft are more valuable now and a nervous shareholder saw there was more short term money in liquidating than operating.
Wizofoz is online now  
Old 5th May 2021, 20:38
  #11 (permalink)  
 
Join Date: Nov 2006
Location: Auckland, New Zealand
Posts: 781
Originally Posted by Wizofoz View Post
I believe it was a victim OF the boom. The aircraft are more valuable now and a nervous shareholder saw there was more short term money in liquidating than operating.
Worried about the possibility of "trading whilst insolvent" perhaps?
Chris2303 is online now  
Old 5th May 2021, 22:48
  #12 (permalink)  
 
Join Date: Feb 2002
Location: NSW
Posts: 87
Originally Posted by Wizofoz View Post
I believe it was a victim OF the boom. The aircraft are more valuable now and a nervous shareholder saw there was more short term money in liquidating than operating.

needs a C check, no EDTO, one potential engine issue [big bucks] and zero reserves. aircraft #2 stored in Hungary and engines in Spain
TBM-Legend is offline  
Old 6th May 2021, 11:54
  #13 (permalink)  
 
Join Date: Oct 1999
Location: ex EGNM, now NZRO
Posts: 548
Originally Posted by smiling monkey View Post
What/who are "GC's"?
I have heard an expression Good C you Next Tuesday's, maybe it's that?
Anti Skid On is offline  
Old 11th Jun 2021, 04:28
  #14 (permalink)  
 
Join Date: Aug 2000
Location: International
Age: 74
Posts: 1,369
All assets including AOC for sale by tender.
B772 is offline  
Old 11th Jun 2021, 05:26
  #15 (permalink)  
 
Join Date: Dec 1999
Posts: 113
You can buy the jet now, its listed on Slattery's site
dartman2 is offline  
Old 11th Jun 2021, 23:21
  #16 (permalink)  
 
Join Date: Aug 2007
Location: australia
Posts: 298
You don’t need EDTO for freighter operations
mates rates is offline  
Old 12th Jun 2021, 00:16
  #17 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 1,294
FEDEX might be interested in buying it as the type makes up a quarter of their fleet, and a “C” check wouldn’t be a big issue for them.
krismiler is online now  
Old 12th Jun 2021, 03:17
  #18 (permalink)  
 
Join Date: Jan 1999
Location: Brisbane
Posts: 581
Originally Posted by mates rates View Post
You donít need EDTO for freighter operations
What makes you say that? Genuine question.
Dehavillanddriver is online now  
Old 12th Jun 2021, 03:18
  #19 (permalink)  
 
Join Date: Jan 1999
Location: Brisbane
Posts: 581
Originally Posted by B772 View Post
All assets including AOC for sale by tender.
Think the AOC is toast as all post holders were laid off - so no AOC
Dehavillanddriver is online now  
Old 12th Jun 2021, 04:05
  #20 (permalink)  
 
Join Date: Feb 2002
Location: NSW
Posts: 87
Originally Posted by mates rates View Post
You donít need EDTO for freighter operations
The ETOPS requirement is pretty much the same for all aircraft irrespective of usage as long as its under parts 121 or 135, as noted in the FAA InFO 07004, New ETOPS Regulations:
The new ETOPS rules are now applicable to:

Part 121

ē All two-engine airplanes more than 60 minutes flying time from an adequate airport (at a one-engine-inoperative cruise speed under standard conditions in still air).


TBM-Legend is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.