OMG WTF

A company under CVA can sack anyone without notice and without compensation. Any redundancy payments or industrial tribunal awards will be paid by the government.

There are several companies that offer advice on CVA. I don't want to put up a link in case it's seen as advertising, but just Google 'CVA' and you will see them.

Dave

Cpt.

I stand corrected :ok:

Retrenchment
 

MK always had the reputation of a company who looked after their pilots. As a result they could offer poor salaries, even in the good times. Now they have chopped a bunch of crews, for virtually no saving with the 'paid when you work deal'. What these companies forget is that people remember this sort of thing.

Just how many people are actually still working at MK ?

A well made, nostalgic video of MK life from the lone FE's perspective. . . .

YouTube - The FE's Lament

Aah, that takes me back (though I was not with MK). :ok:

Now, behind my desk, nostalgia becomes a wonderful thing! :bored:

Oh well what can you do?

Talking to a mate who works with them if you include Crew, Engineers. Ops, Commercial & other office staff approx 250-300 people work there

MK AIRLINES will shortly exit administration after a year in which it has sought protection from its creditors, whilst it restructures its business.

News : From Air Cargo News

A heart warming story, but I suspect the creditors still owed thousands will not see it that way

MK in prolonged administration? Court dicision?
 

Does anyone know the decision of the court on Friday the 18th of June ?
WebCHeck - Select and Access Company Information

Court case was yesterday 24th & Mk Airlines now out of Administration. Well done & good Luck to all involved for the future.