whiteknight2009:

Quote:

---

Word is she has dug her heels into office in MELB and although not getting paid, is in there as usual “looking busy while doing nothing”….She is ringing around OJ CC’s and asking if she can forward their resumes to Strategic for possible jobs…and then is asking them how they will vote in the upcoming meetinghttp://images.ibsrv.net/ibsrv/res/sr...lies/pukey.gif

---

Today 17:19ozangel: Meow..... or should that be "woof, woof"?

:hmm:

Bulldust: OZjet and Heavy Cargo saga.
 

OZ people: do yourselves a favour and forget the bulldust that is published regarding the OZJet future operation. The closure and non continuance appears almost certain with financial benefit in favour of the HeavyLift

Very sad, it would be great if the crew and others actually receved their full entitlements.
Is it possible for a vessel to be impounded by a group for outstanding payments ??.

HeavyCargo just goes silent when asked for a committment, has anyone bothered to confront the OZ-Heavy office for answers.

New ventures:
HeavyLift application to IASC 15th June 09 for increased freight capacity to / from Port Moresby. The IASC should request the past six months deadload weight statement in both directions from the HeavyLift Cargo handling companies in Australia and Port Moresby to verify the capacity claim.
IASC and ASA should work together to monitor the flight operations of HeavyLift and linked companies to ensure their flights operate and the weights are in order.
Goodluck

Hmmm the plot thickens. For the Strategic deal to happen now they want to cap staff entitlements. Not sounding quite the same as what their first noises were. With the cap, staff may end up with about 60% of their full entitlements.
But good old Nick could end up with over half a million and still gets to keep the 4 old airplanes which can't be touched because OJ don't own them Heavylift does.
A better outcome would be for staff to get what Nick suggested was the case (ALL was what he said right here) and for him to get the loose change. I will vote for that!

Gasman, by rights any loose change should go to the small fry who yet again have been stiffed by the bigger end of town. Poor buggers like the office cleaner and printer who are looking at 5 cents in the dollar if they are lucky.
Modern business ethics 101. Buy a company that's a bit run down and so is cheap. Strip the assets. Lease the assets back. Never, ever, ever pay bills unless non-payment would directly stop operations. Pull the cash flow out. When too many court actions threaten, go to administration.
To cheer myself up, I think I will go and play my favourite Dire Straits song now - 'Money for nothing'

At the end of the day, OzJet staff, suppliers, and clients have all been screwed by NL and Co. But some of you will still continue to blame certain parties in the Melb office, but those of you who did not work there have no idea of the day to day issues that they had no control over but yet were still blamed. ALL financial control was removed from Melb when the company was first taken over and handled out of Sydney, which surely makes them responsible for the complete debacle that occurred, all due to non payment of accounts, which ultimately led to the shut down of OzJ.

As for those NL supporters in OzJet, when do you start employment with his new company as he promised you? Oh, sorry I forgot, there was no new company was there.

Good luck to all OzJet staff, hope you find what you are looking for, and believe in Karma, what goes around comes around.

Word is NL got his wish and Strategic are buying OJ

Very sad, but true. The Administrator's report hinted that Ozjet may have been trading insolvently since June 2006, but as the deed of arrangement has been accepted for Strategic to buy Ozjet, as I understand it, no legal action can be taken now against the directors of Ozjet.
So yet again, the bad guys get away scot free.
Believe the carve up sees the staff getting $800k, NL (God bless Him) $550k, and then the residual to be distributed between the unsecured creditors at between 5 and 10 cents in the $.

Nick will need every cent of that $550,000 just to pay his lawyer for deeds past.
As for the future, standby to see Heavylift depart these shores soon.

Strategic took over tonight. Good luck keep your wings level.

P.S. HeavyLift is an Australian carrier unable to disappear overseas :cool:

HC do not deal with CASA.:cool:

HC I think you have it all wrong.
" Its Casa That won't deal with HC."

The Dog

There is no guarantee HC that your foriegn AOC will even be renewed come June 30th. Your one and only operational aircraft may just be parked along with the rest of them.

Is the Heavy Cargo update on Ozjet correct.
 

One would believe if Strategic took over Ozjet then it would be on other web pages.

The only thing certain would be the financial aspect. Heavylift and its owner would not be out of pocket.

Time will reveal the entire story but believe the OZ staff and creditors will be the last payee.

Perhaps one day all will see the demise of HeavyLift Cargo. With all aircraft parked and the head office closed.

Perhaps CASA are on the best option road, close soon to avoid future problems.

Sorry to break the bad news to you clowns. A little birdie tells me the current aircraft will continue to operate after June :eek: and another two additional B727-200Fs coming to Join it ? :cool:

We wished Strategic well with their passenger operations.

Why have you chosen not to address the questions put to you by Down3Greens about CASA and your AOC?

Is that because you can't, or has he caught you out telling porkies?

[quote]
Sorry to break the bad news to you clowns. A little birdie tells me the current aircraft will continue to operate after June http://images.ibsrv.net/ibsrv/res/sr...milies/eek.gif and another two additional B727-200Fs coming to Join it ?


Yeah right another porky.:ugh:

So you're taking the 727 you have for sale in the USA off the market Nick?

HC good luck with your continuing cargo operation. I wish Strategic
well too. I hope to see both of your operations up and running for
many years to come. There are too many wingers here, I guess
they all want Quantas to be the only airline to fly in Australia. The
airline industry is a tough business to be in and anybody employed
in it has to expect to take the rough with the smooth.

Tartan/Heavy Cargo/etc/etc/etc,

Next time all of your split personalities are in town together, can you organise a meeting amongst yourselves and let the Head Clown know its all over?

Just go. You won't be missed.

Mods, care to close this thread?

Way too many wingers, but never enough centres strangely enough...! :}

:eek: Oh dear!:ugh:

Anyway...


29 June 2009

Strategic have announced today the purchase of Ozjet Airlines from administration.

Strategic gained the support of Ozjet staff and creditors on Wednesday last week, to purchase the company.

"We are extremely pleased to announce the purchase of Ozjet Airlines. It is a great outcome when you are able to not only ensure the payment of entitlements to staff, but also retain some of the existing employee base for future company operations. We are also thankful to the creditors who have supported our efforts in negotiation over the last few weeks" said Mr Michael James, Executive Director of Strategic.

It is intended that the change in ownership will have very little impact on the existing operations of the airline. Strategic looks forward to introducing an A320 aircraft to the Perth market on the Derby route by the end of September, in place of the currently chartered Fokker 100.

Mr James said, "We are very appreciative of the patience that many Ozjet customers and supporters have shown over this difficult time. They can now be assured that the services Ozjet has provided to date on the Perth to Derby route will continue to function as normal."

Well I guess when the operation is grounded there is little more impact that can happen to existing operations. :}

So what happens to the 732's, have they been purchased?

Australia's Strategic buys OzJet
By Leithen Francis


Australian start-up Strategic Airlines has bought Australian charter carrier OzJet, which went into voluntary administration in May.
Strategic CEO, David Blake, says "we entered into a deed for assessment from the administrators and it was voted on last Wednesday [24 June] and executed last Friday."
He says Strategic bought OzJet from the administrators because "it has one or two interesting routes in Western Australia [such as] Perth-Derby, which is a regular passenger transport route, that is doing quite well and is a protected route under the name OzJet."
The other reason it bought OzJet was because of its air operators certificate, confirms Blake, adding that it plans to operate Airbus A320s under the OzJet AOC starting around September.
Blake is familiar with OzJet because prior to joining OzJet he was OzJet's chief operating officer.
He says just before it went into voluntary administration in May, OzJet downsized to about 50 employees.
Strategic plans to retain 20-25 OzJet employees including most of the cabin staff, he adds.
OzJet was operating four Boeing 737-200s but these are excluded from the airline purchase, confirms Blake.
Strategic is also applying for Australian AOC in its own right and hopes to get it in September or October and use it for its Airbus A330, says Blake.
The carrier is leasing the A330 from Swiss International Air Lines and it is currently being worked on at Lufthansa Technik in the Philippines and is due to arrive in Australia on 6 July, he adds.
It is also in the market to lease an A320 for Australia because it has decided that the two A320s it has already secured on lease are to be stationed in France, says Blake.
The two A320s have French registration F-GSTR and F-GSTS while the A330 has Australian registration VH-SSA, he adds.
Strategic is also setting up in Europe because "the failures in Europe have left a bit of a hole," he says, referring to the collapse of airlines such as XL Airways.
Links posted

No offence, but why to Strategic think they can do better in Europe? The reason to why many went bust was that there is too many charter companies! :ugh:

Maybe Blakey and some of the newly acquired Ozjet management will feel more at home in the European environment, plus its a good excuse for duty travel and at the same time see the rels! Aren't WO'N and the Dragon Lady joining Strategic to weave their well tried and now proven strategy on how to make a good small airline????;)

Tasdevil the old B732s were not part of the deal. Nominally owned by Heavylift, having been acquired at a nominal price when NL bought Ozjet from Paul Stoddart. Then nominally leased back to Ozjet. Now permanently grounded due lack of engines, parts and maintenance.

Last time I heard they went under an LOI to a US firm

VH-VLH = N727HL
VH-OZD = N731HL
VH-OZX = N737HL
VH-OZU = N733HL
VH-OBN = N732HV

:cool:

So Strategic will base an A320 in Perth, on lease, to fly 3 or 4 services a week to Derby...seems a rather large aircraft for the route given the loads on this service normally. Ironic how we could see an A320 in Ozjet livery before Skywest.

I wouldn't bet on it!:E

HC, painting an N number on the tail won't make them flyable. If only the FAA were as slack now as they used to be, it would be fun to fuel 'em up and just blast off. Now the FAA is worse than CASA. They want all sorts of paperwork and they often ramp newbies at the first USA port of call.

Do Check
 

Messages sent to FAA and CASA regarding the "N" reported aircraft changes. It may be Q & A for CASA should they elect to allocate manpower to the task of "N" and other registered aircraft.

RP-C8016,RP-C8017,RP-C8019, RP-C8020, The following reported as "N" VH-VLH(N727HL),VH-OZD(N731HL),VH-OZX(N737HL),VH-OZU(N733HL) AND VH-OBN(N732HV)

Please, just inspect all Manuals, Aircraft Log Record (remember the spares certification) Crew Licences, Dangerous Goods and Aircraft procedures.

Good luck with the venture.

Strategic has a much better chance of making it than other operators struggling with debt from over priced purchases that could not have collateral and by buying an AOC and just adding a new type.

The melt down of consumer lending and sub-prime was coming for years; we all knew it! Now it's a time to invest in the recovery seeing as though we won't be paying rip-off prices.

Strategic could easily be the next "big" thing if they start out relatively small, develop the market and their reputation and grow at a controlled pace.

Conversley, I never thought OzJet would make it flying around the guzzlers.

Saw their A330 (VH-SSA) in Manila yesterday (3 July) looking like it had just come out of the paint shop.

There's a reason for that....... It did

Where do I apply? I'm ready to come home!!

Their website looks pretty cool!

Is he getting out of aviation???
 

B727's
VH-VLH = N727HL FLIGHTSTAR TRADING LLC

B737's
VH-OZD = N731HL FLIGHTSTAR TRADING LLC
VH-OZX = N737HL FLIGHTSTAR TRADING LLC
VH-OZU = N733HL FLIGHTSTAR TRADING LLC
VH-OBN = N732HV WELLS FARGO BANK

The Philippine B727 (PR-C8017) is also for sale

Aircraft for sale at AircraftDealer.com - Used Aircraft for Sale and New Aircraft for Sale by Brokers, Dealers, and Individuals

Is he Getting OUT of Aviation.

I hope so.

SRM

Is he Getting out of Aviation
 

Is he Getting Out---- no way as Australia is a big country. Perhaps he has rolled over hundreds of persons, yet there are many more suckers to milk dry.

Forget any family involvement as they were milked dry some 5 years ago.
------------
Anyway if he goes you could bet CASA would throw a party at Rookwood or Waverley.

He is very lucky that his business associates are not Russian, they would take care of all outstanding issues.

Ref the aircraft for sale :- why would you advertise several aircraft for sale knowing full well that most would fail proper inspection.

Pity the authorities don't investigate further.;);) say no more.