Heavylift Engineering RIP ?? (merged)

Joined: Jun 2001
Posts: 1,650
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From: southern england
From the Southend Evening Echo(10/9):
"Aviation workers have become the latest victims of the September 11 attacks after losing their jobs at crisis-hit maintenance company Heavylift Aircraft Engineering.
The Southend Airport-based aircraft maintenance firm, which has been badly hit by the collapse of the air transport industry that followed last year's terror attacks, went into administration late on Friday.
The administrators immediately made 24 people redundant, but are now engaged in discussions with clients and potential buyers in the hope of maintaining the company as a going concern and preserving the jobs of the remaining 34 workers.
Administrator Rod Weston of Deloitte and Touche said: "Like a lot of aviation businesses, Heavylift Aircraft Engineering has been effected by the downturn in the market that followed September 11. People are not flying at the moment, and as a result there aren't that many planes being repaired.
"Our plan is to really try and rescue the business and sell it as a going concern, but we have only just arrived, so it is too early to say what the chances of that are."
The staff who lost their jobs will not receive redundancy payments from the cash-strapped company, although the administrators insist they will receive statutory redundancy payments from the Government."
"Aviation workers have become the latest victims of the September 11 attacks after losing their jobs at crisis-hit maintenance company Heavylift Aircraft Engineering.
The Southend Airport-based aircraft maintenance firm, which has been badly hit by the collapse of the air transport industry that followed last year's terror attacks, went into administration late on Friday.
The administrators immediately made 24 people redundant, but are now engaged in discussions with clients and potential buyers in the hope of maintaining the company as a going concern and preserving the jobs of the remaining 34 workers.
Administrator Rod Weston of Deloitte and Touche said: "Like a lot of aviation businesses, Heavylift Aircraft Engineering has been effected by the downturn in the market that followed September 11. People are not flying at the moment, and as a result there aren't that many planes being repaired.
"Our plan is to really try and rescue the business and sell it as a going concern, but we have only just arrived, so it is too early to say what the chances of that are."
The staff who lost their jobs will not receive redundancy payments from the cash-strapped company, although the administrators insist they will receive statutory redundancy payments from the Government."
Joined: Jul 2002
Posts: 3
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From: Notts, uk
As of noon today, the administrators pulled the plug on this fine engineering establishment. It will leave a great void at Southend and add to the many blows the industry has suffered in the past year. All the very best to those friends who have had heartache in the past few weeks because of the uncertainty and the lack of salary payments. I hope the controlling management at Stansted are happy with themselves and their pockets don't weigh them down too much. All the best lads...good luck for the future
Joined: Feb 2001
Posts: 208
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From: Nottingham, England
Been in this situation before and it's horrendous ..... very best of luck to all staff who are affected. Was Prime partly responsible for the collapse as the aircraft spent most of it's time parked up at EMA?
This must be the sad end for the Belfast.
ES
This must be the sad end for the Belfast.

ES
Joined: Jan 2000
Posts: 761
Likes: 0
From: Still in the Midland Radar overhead
Nice reply DD
Hope you are secure in your apparent Ivory Tower not with the rest of us Plebs here wondering what the future holds for us
Veeps
Unless you are one of the fallen looking at your posting #'s then it's still bad vibes and I apologise
Hope you are secure in your apparent Ivory Tower not with the rest of us Plebs here wondering what the future holds for usVeeps
Unless you are one of the fallen looking at your posting #'s then it's still bad vibes and I apologise
Joined: Jul 2001
Posts: 805
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From: U.K.
I understand that despite its slow start, Prime was profitable with a very busy October ahead of it and many, many further future bookings. Those Prime personnel who received their redundancy notices today are mortified that such an apparently successful operation could have the plug pulled so sudenly and unexpectedly.
Joined: Sep 2002
Posts: 10
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From: UK
ALL BUT FOUR OF ENGINEERING STAFF NOW BEEN MADE
REDUNDANT. A SORRY WAY FOR SUCH A GOOD FACILITYTO GO. RUMOURS THAT OTHER PEOPLE ARE LOOKING AT THE FACILITY MIGHT PUT SOME LIGHT AT THE END OF THE TUNNEL FOR ALL OF US DOWN HERE AT SOUTHEND.
REDUNDANT. A SORRY WAY FOR SUCH A GOOD FACILITYTO GO. RUMOURS THAT OTHER PEOPLE ARE LOOKING AT THE FACILITY MIGHT PUT SOME LIGHT AT THE END OF THE TUNNEL FOR ALL OF US DOWN HERE AT SOUTHEND.
Joined: Sep 2002
Posts: 6
Likes: 0
From: UK
Its so sad to hear that HLA have finally pulled the plug and have put the recievers in>I just want to say good luck to all the crews and staff what a fine bunch they were ,with the exceptions of Hales N Pace of course ! I hope you all find jobs soon and you get everything thats owed to you.Thanks for A WONDERFULL 3 YEARS !



