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Cega air ambulance gone bust

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Cega air ambulance gone bust

Old 20th Apr 2016, 18:47
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Angel Cega air ambulance gone bust

Is there any truth that Cega air ambulance has gone bust! I hear that Capital has bought their aircraft and has acquired most of their work with them?
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Old 20th Apr 2016, 20:26
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King Air 200 G-OCEG has been re-registered to G-XVIP and is currently in the Capital hangar at Exeter
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Old 20th Apr 2016, 23:25
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Yogibearair:

That happened a few weeks ago, AirMed at Oxford also went at the end of January. Assets acquired by Air Alliance from Germany.
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Old 21st Apr 2016, 07:50
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Is it just the aviation side of the business and the rest of the Cega group is still trading?
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Old 21st Apr 2016, 12:12
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The AA wing was always a bit of a family hobby added to the massive assistance call centre they have, where they front a lot of other companies' small print 'I've had an accident on holiday' numbers in the back of leaflets.
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Old 21st Apr 2016, 19:54
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If we are wondering about Cega Air Ambulance UK Limited, then the answers may be found at:
https://beta.companieshouse.gov.uk/company/06702675

Mortgages on Lear 45 G-IZAP and B200 G-0CEG were satisfied on 18/04/2016. Which perhaps explains why it now has any home and identity.

The accounts for year ended 31/12/14 show a whacking loss of 876,371 and the Balance Sheet of the same date a deficit to shareholders of 844,251. Does not quite give the sort of feeling of the sort of contentment aroused by a wallet brimming with crisp bank notes, rather than credit cards.

There is no mention of an appointment of ambulance chasers such as receivers or liquidators.
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Old 21st Apr 2016, 23:55
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Capital are a very small part of the Rigby group.
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