Springs to mind = Ansett

"Absolutely" maybe another one which starts with A is about to follow "Absolutely":=

Jetcraft and TOLL
 

With the service Jetcraft provides for TOLL being an extremely important one to their network and the simple fact that TOLL does not own any aircraft at all, why should they hand over $ X,000,000.00, when they can ring other operators to take over where Jetcraft used to be???

I am sure TOLL saw this coming and have some plan or plans!!!!!

I hope all the crew fair well out of this s**tstorm!!!!

Having breifly worked at Jetcraft during my earlier years I have nothing but praise for the company

After logging up 100's hours on the sewer pipe / pencil stick / metro I was offered a place up the ladder

At this stage I had to decline, due to certain family problems that resulted me going back to England.

A certain number of people stayed in touch with myself including upper ranks who rang me in England too see how I was going and if I ever needed to come back they would provide a position.

After cashing up, selling my late parents estate I came back down to the land of Aus - to hopefully set up a busienss of myself

I wish Jetcraft all the best and hopefully they can trade out of it, however TOLL if you need some freighter aircraft - larger than the Metro in terms of capacity and need some smaller aircraft.

P.S Drop you a line :8:8

:hmm:It concerns me on a couple of fronts the decline of operators like Jetcraft. Putting aside some of the musings on the pro's and con's of the operator, there is something not quite right, when not one but two operators (O'Connors) are no longer in business.

Both have been established for a large number of years and both have fostered and provided opportunity for a number of Prune readers today.

I read some months back an article that featured another aviation guru - Rod Eddington. He cited that the airline industry was nearing the top of the cycle.

Given the fall of these two operators, is it now 1 o'clock and aviation's day in the sun is coming to an end? If it is, it's now time to cement the future before the sun sets 'til the next cycle.

one of the best GA companies ive worked for. not the best paying one but it was the best flyin i will have ever done i think..

imm sure they will pull threw it ok.

rescue 1, could it be as simple as both being pushed over the edge by the loss of in service C441's due to the 22k hr restriction?

Jetcraft
 

I feel for all of those who now have a cloud hanging over their head in respect to the livelihood they derived from Jetcraft.

I also feel for the smaller maintenance shops who are owed money for works carried out on their fleet, and now have to join a growing list of creditors.

Maybe they were a great mob to toil for, and maybe they gave some pilots the best flying ever, but for the others who supplied services and now have to carry the debt:confused::{:mad:

Schoolboy, don't worry, there are pilots who worked for them - and some that still do - and owed unpaid entitlements - that will be carrying that debt too.

God only knows when that will be recovered.

In the meanwhile, it's a 'ghetto fabulous' Christmas for the kids.:mad:



PS Like no one saw it coming.:hmm:

The government should put a tax on air tickets to pay the staff entitlements like it did with Ansett :hmm:

Seriously though, TOLL freight must move and there isn't an operator sitting around with that many spare aircraft and pilots who can take over tomorrow. I reckon either TOLL take over themselves, or the company is sold as a going concern once things are restructured., ie debts written down and someone buys it out.

Chins up everyone, at least the job market is the best it's ever been if the worst happens.:ok:

Jetcraft was my best GA job. Right up untill I wanted to leave. Then I guess no one likes staff leaving.

Actually the government can pay most entitlements, without any additional levies (read tax). It is the GEERS scheme, which protects most award entitlements, but interestingly not Super, if a Company goes belly up, you get the boot and they can not pay entitlements.
The govy stand in line (@ the head of the queue, just behind the Administrator and the ATO) to get back what has been advanced from the liquidated corpse.
So cheer up, whilst imminent unemployment is unpleasant, at least payment of entitlements in partly protected.:ok:
Merry Xmas

I always got on well with IH.
(If it's the same Ian I'm thinking it is)
Say gidday for me if anyone sees him.

Very sad news to see another operator in trouble. At least crew should be able to find work again in the current climate if it all falls over.

Good luck to Danny and Foz. Hope it all works out for the best.

I was going to offer opinions on two other members of the management team who have been mentioned in these threads (including the above post) :mad: but I won't kick someone when they're down however tempting it might be.

Good luck for 2008 - hope everyone pulls out the other side.

So ... anymore news on this?









or has it turned into a forbidden subject?

For the time being, Jetcraft (under administration) may continue under administration until the parties that are interested in the business have had sufficient time to complete proposals. That is where things stand as of today.

It is possible the future will not be decided for up to 45 days.

Jetcraft play a very important role in its customers business, and there are very few, if any, companies that could fill these boots with current fleets and for anywhere near the price. Im sure in some way or another, the outlook will be positive for us involved.

Things remain uncertain for now, but Im sure the general aviation industry would be well aware if the "customer" was about to loose a very intergral part of its network, that consists of over 80 staff and 15 turbine aircraft. Im sure a very big proportion of the GA industry would be involved in getting the job done if JC was taken out of the picture, and im sure it would be well and truely orgaised by now if the future was bleak.

If you've seen the clients reaction to one aircraft breaking down, or a bank run aircraft being half an hour late you will realise how important Jetcraft is to them.

Remember an attempt a few years ago to use a M3 from a different operator that didn't work out too well ?

Something must be being worked out behind closed doors at the moment. There simply isn't another operator who can step in and take over tomorrow. Pel Air are having difficulty finding pilots for their current workload let alone a huge increase.

All the best to those affected, I'm sure things will work out. :ok: