Ocean Sky Winding Up Notice
Chelsky
Just to confirm you are blacklisting anyone who worked for OS?
Engineers Pilots, Ground Staff, CSRs?
Or are you just referring to management, or directors and post holders?
Just so we know.
Just to confirm you are blacklisting anyone who worked for OS?
Engineers Pilots, Ground Staff, CSRs?
Or are you just referring to management, or directors and post holders?
Just so we know.
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chelsky
Your claim is based upon the misconception that Ocean Sky UK had any assests in the first place I think you will find that OCS UK have never "owned" any aircraft. The only real assets the comopany had were its staff - now tossed aside
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Chelsky,
What on earth possessed you to afford £700k to OS. I'd certainly sack your credit controller and take on any credit controllers who have recently parted company with OS who were obviously better at their job than the one in your organisation.
I can't help thinking that the fault lies with the person who made the decision to take the credit gamble!
Phil
What on earth possessed you to afford £700k to OS. I'd certainly sack your credit controller and take on any credit controllers who have recently parted company with OS who were obviously better at their job than the one in your organisation.
I can't help thinking that the fault lies with the person who made the decision to take the credit gamble!
Phil
Oh Phil
You have stolen my thunder.
I was building up to that.
Due diligence.
You have stolen my thunder.
I was building up to that.
Due diligence.
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I also can't help thinking that the fault lies with people in posh suits who talk in techno babble of 'ratio of numbers' and 'critical mass' before a company has enough chaos to keep going under its own steam regardless of how much money it's hemorrhaging. People in suits will be the one's to wether the storm and move to new jobs mostly and decorate their linkedin profiles with absurd and abstract titles of what they used to no do properly.
If you were lucky enough to have a blackerry as a redundancy payment sell it to envirophone. Other than that stories for the grandkids, as for Chelsky whatever cake you were fed to part with that sort of money - very sorry to here this - really. People's life's are cheap in this business and so is the cash when its not paid back. The only sure fire way to stay alive managing owners and there equipment is to have no leeway; no money - no fly - no exceptions.
If you were lucky enough to have a blackerry as a redundancy payment sell it to envirophone. Other than that stories for the grandkids, as for Chelsky whatever cake you were fed to part with that sort of money - very sorry to here this - really. People's life's are cheap in this business and so is the cash when its not paid back. The only sure fire way to stay alive managing owners and there equipment is to have no leeway; no money - no fly - no exceptions.
Last edited by judy the rudder; 19th Sep 2012 at 14:03.
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The only sure fire way to stay alive managing owners and there equipment is to have no leeway; no money - no fly - no exceptions.
Let there be no mistake, the failure of this company lies only with one person - yes others there had their faults, but ultimately they were there trying to make the business a success, but the main man was also the main downfall.
Last edited by Monkey Boy; 19th Sep 2012 at 14:38.
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Ocean Sky Jet Centre acquired by RSS Enterprises Ltd
September 13, 2012:
RSS Enterprises Ltd. are pleased to announce the acquisition of Ocean Sky Jet Centre Ltd and its subsidiary companies i.e. Ocean Sky Engineering Ltd, Ocean Sky Aircraft Interiors Ltd and Ocean Sky Jet Centre (Prestwick) Ltd.
RSS Enterprises have appointed Eddie Allison as group managing director. Eddie Allison brings over 34 years of aviation experience to his role having set up Execair in 1986 which became the largest chain of FBO's in the UK. Since 2006 Eddie has been managing director of Ocean Sky Jet Centre (Prestwick) Ltd. and as the new group MD he will continue the development and growth of the business including the commitment to the on-going new build of the flagship FBO at London Luton Airport.
Eddie Allison said "this is exceptionally good news for our company, partners and clients. The new ownership means that now we are able to move forward and will begin the process of re-branding to reflect this new ownership with Ocean Sky Jet Centre becoming RSS Jet Centre, Ocean Sky Jet Centre (Prestwick) becoming RSS Jet Centre (Prestwick), Ocean Sky Engineering becoming RSS Aircraft Engineering and Ocean Sky Interiors becoming RSS Aircraft Interiors.
"As RSS Jet Centre we will continue to offer our brokerage division with no change to the personalised service you currently receive from our London, Dubai and Moscow offices. Our expertise means the most reliable, safest and cost effective private jet charter services on a global scale complimented by helicopters and yachts charter services."
Press release issued by Ocean Sky Jet Centre.
RSS Enterprises Ltd. are pleased to announce the acquisition of Ocean Sky Jet Centre Ltd and its subsidiary companies i.e. Ocean Sky Engineering Ltd, Ocean Sky Aircraft Interiors Ltd and Ocean Sky Jet Centre (Prestwick) Ltd.
RSS Enterprises have appointed Eddie Allison as group managing director. Eddie Allison brings over 34 years of aviation experience to his role having set up Execair in 1986 which became the largest chain of FBO's in the UK. Since 2006 Eddie has been managing director of Ocean Sky Jet Centre (Prestwick) Ltd. and as the new group MD he will continue the development and growth of the business including the commitment to the on-going new build of the flagship FBO at London Luton Airport.
Eddie Allison said "this is exceptionally good news for our company, partners and clients. The new ownership means that now we are able to move forward and will begin the process of re-branding to reflect this new ownership with Ocean Sky Jet Centre becoming RSS Jet Centre, Ocean Sky Jet Centre (Prestwick) becoming RSS Jet Centre (Prestwick), Ocean Sky Engineering becoming RSS Aircraft Engineering and Ocean Sky Interiors becoming RSS Aircraft Interiors.
"As RSS Jet Centre we will continue to offer our brokerage division with no change to the personalised service you currently receive from our London, Dubai and Moscow offices. Our expertise means the most reliable, safest and cost effective private jet charter services on a global scale complimented by helicopters and yachts charter services."
Press release issued by Ocean Sky Jet Centre.
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Chelsky, out of interest what were you supplying to OCS to have £700k due to you?
Judy, As for suggesting people should sell the blackberry to raise funds is only adding to the woe of the comms supplier who no doubt has also been left with serious amount owing and ongoing commitment to the mobile service company. These should all go back to them and offset against what is owed.
This is all a very sad situation, but surely if everyone is so aware and clear about the bad eggs then the new company will have no chance of being a success. I would expect Clients and Suppliers alike to steer well clear?
Judy, As for suggesting people should sell the blackberry to raise funds is only adding to the woe of the comms supplier who no doubt has also been left with serious amount owing and ongoing commitment to the mobile service company. These should all go back to them and offset against what is owed.
This is all a very sad situation, but surely if everyone is so aware and clear about the bad eggs then the new company will have no chance of being a success. I would expect Clients and Suppliers alike to steer well clear?
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Think Big Eddie's bitten off more than he can chew this time.
Mind you by the size of him, he can chew quite a lot.
Just seen on the Companies House website that the 3 Ocean Sky companies that have gone pop so far have taken their creditors for £52 MILLION !!!!
Ocean Sky UK Ltd is next, for how much one wonders?
If any of you guys are owed money by the ones that are still limping along, I'd be having a word with your credit control department! Before the whole lot goes.
Mind you by the size of him, he can chew quite a lot.
Just seen on the Companies House website that the 3 Ocean Sky companies that have gone pop so far have taken their creditors for £52 MILLION !!!!
Ocean Sky UK Ltd is next, for how much one wonders?
If any of you guys are owed money by the ones that are still limping along, I'd be having a word with your credit control department! Before the whole lot goes.
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Hi Daifly
If you go to each company in CoHo and look at their filing history. The form 4.20 is the statement of affairs from the liquidator (Duff and Phelps). It shows what they expect to be able to recover, which is peanuts compared to what they've taken everyone for.
The 4.20 form lists all the creditors of each company. The creditors of OS Aviation amount to £30m, OS Aircraft Management - £19m and OS Aircraft Charter - £3m. OS UK is not published yet, prob due in a few days. More creditors taking a (very deep) bath methinks.
If I knew how to attach them, I would. But they're public documents readily available on CoHo.
This is over and above any other assets, from which the liquidators expect to get virtually nothing.
All this from the "fastest growing" company in aviation?!?!
And they think that changing the name to RSS Jet Centre will sort it all?
They obviously think the aviation community is rather stupid. Are people really going to be taken in with all their spin a second time?
This company have been spouting forth a lot of nonsense for several years whilst merrily using the money of their creditors to pay for it all!
Nothing short of scandalous!!
If you go to each company in CoHo and look at their filing history. The form 4.20 is the statement of affairs from the liquidator (Duff and Phelps). It shows what they expect to be able to recover, which is peanuts compared to what they've taken everyone for.
The 4.20 form lists all the creditors of each company. The creditors of OS Aviation amount to £30m, OS Aircraft Management - £19m and OS Aircraft Charter - £3m. OS UK is not published yet, prob due in a few days. More creditors taking a (very deep) bath methinks.
If I knew how to attach them, I would. But they're public documents readily available on CoHo.
This is over and above any other assets, from which the liquidators expect to get virtually nothing.
All this from the "fastest growing" company in aviation?!?!
And they think that changing the name to RSS Jet Centre will sort it all?
They obviously think the aviation community is rather stupid. Are people really going to be taken in with all their spin a second time?
This company have been spouting forth a lot of nonsense for several years whilst merrily using the money of their creditors to pay for it all!
Nothing short of scandalous!!
Last edited by Jet Babe; 21st Sep 2012 at 13:58.
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F*ck! Good going...
RSS should have fun with credit terms.
I've just downloaded the documents and the only comment I have (other than I feel very sorry for everyone who worked hard over the years to try and make it a success) is to the suppliers who have given such stupid levels of credit - next time you phone me to chase a $250 payment that's two days late, I'm just going to email you this and say "shuddup", we've got another $99,750 to go before you need to worry.
All the intercompany trading is very interesting. Particularly the offshore stuff.
RSS should have fun with credit terms.
I've just downloaded the documents and the only comment I have (other than I feel very sorry for everyone who worked hard over the years to try and make it a success) is to the suppliers who have given such stupid levels of credit - next time you phone me to chase a $250 payment that's two days late, I'm just going to email you this and say "shuddup", we've got another $99,750 to go before you need to worry.
All the intercompany trading is very interesting. Particularly the offshore stuff.
Last edited by Daifly; 21st Sep 2012 at 14:45.
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.... and not to mention that the remaining Jet Centres at Luton, Manchester and Prestwick are all creditors as well.
OS Luton is owed collectively £7.4 MILLION
OS Manchester - £216,000
OS Prestwick - £156,000
That's a total of £7.7 MILLION that's just gone from their bottom line.
Can they really survive that kind of blow?
Or is it just a matter of time?
And the bold Eddie reckons this is all "exceptionally good news ....." and he will now begin the process of "re-branding".
Perhaps he means "re-fleecing" unsuspecting creditors of their hard earned cash!!!
OS Luton is owed collectively £7.4 MILLION
OS Manchester - £216,000
OS Prestwick - £156,000
That's a total of £7.7 MILLION that's just gone from their bottom line.
Can they really survive that kind of blow?
Or is it just a matter of time?
And the bold Eddie reckons this is all "exceptionally good news ....." and he will now begin the process of "re-branding".
Perhaps he means "re-fleecing" unsuspecting creditors of their hard earned cash!!!
Last edited by Jet Babe; 21st Sep 2012 at 15:20.
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Not sure this should be turned into a personal attack on Eddie, he is a fine person, a very hard worker and was probably responsible for one of the few Ocean Sky departments that actually made a profit. Let's face it, at the moment he's towing the company line, and who can blame him?
However, what's happened at Ocean Sky is exactly what you would expect to happen when the person who has access to the company funds, and likes to help themselves to the pot, does things behind the backs of the people who are trying to run the company and make it a success - I'm sure you'd never let something like that happen would you Jet Babe?
However, what's happened at Ocean Sky is exactly what you would expect to happen when the person who has access to the company funds, and likes to help themselves to the pot, does things behind the backs of the people who are trying to run the company and make it a success - I'm sure you'd never let something like that happen would you Jet Babe?
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Yeah, perhaps your right, but he's as guilty as the rest of the management of perpetuating the spin that has been an everpresent during the life of Ocean Sky. He's certainly no angel!
And the real point is, its exactly the same people who are behind this latest incarnation, so what's to say anything will change?
Same sweetie - different wrapper!
And the real point is, its exactly the same people who are behind this latest incarnation, so what's to say anything will change?
Same sweetie - different wrapper!
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"Not sure this should be turned into a personal attack on Eddie, he is a fine person, a very hard worker and was probably responsible for one of the few Ocean Sky departments that actually made a profit. Let's face it, at the moment he's towing the company line, and who can blame him?"
Well said Monkey Boy, every time I met Eddie he was always extremely friendly and very passionate about his work, to the point that his enthusiasm and drive rubbed off on his staff
Well said Monkey Boy, every time I met Eddie he was always extremely friendly and very passionate about his work, to the point that his enthusiasm and drive rubbed off on his staff
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"Same sweetie - different wrapper!"
Jet Babe .. I think not!!
If anyone can dig the remains of Ocean Sky out of the mess it is Eddie Allison - I have seen his team at Prestwick in action many times and if their approach can be applied to other areas of the business then it will have some chance of survival. To a certain extent Manchester is the same but that harks back to the NEA days - that spirit will get them through.
The problem has almost certainly been the glory chasers at LTN & the other London operations which had a spend, spend, spend mentality and no regard for actual business and it was bigger and better at all (any) cost.
I get the feeling LTN may get a shock to the system and a completely new business/work ethic with EA at the helm.
Jet Babe .. I think not!!
If anyone can dig the remains of Ocean Sky out of the mess it is Eddie Allison - I have seen his team at Prestwick in action many times and if their approach can be applied to other areas of the business then it will have some chance of survival. To a certain extent Manchester is the same but that harks back to the NEA days - that spirit will get them through.
The problem has almost certainly been the glory chasers at LTN & the other London operations which had a spend, spend, spend mentality and no regard for actual business and it was bigger and better at all (any) cost.
I get the feeling LTN may get a shock to the system and a completely new business/work ethic with EA at the helm.
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And the real point is, its exactly the same people who are behind this latest incarnation, so what's to say anything will change?
Last edited by Monkey Boy; 25th Sep 2012 at 11:24.