PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Freight Dogs (https://www.pprune.org/freight-dogs-41/)
-   -   AFX and rubber cheques? (https://www.pprune.org/freight-dogs/77830-afx-rubber-cheques.html)

abra 11th January 2003 13:33

AFX and rubber cheques?
 
Heard a rumour that PB is handing out rubber pay cheques..which knowing the chap I find very hard to believe..it must be a bankers error surely.

justforfun 12th January 2003 02:13

Here we go again!
 
Jeez... surely someone can start posting positive comments about AFX... the problems they've had are well documented already on this forum - what about the upside, like the fact the AOC was reinstated and the A/C is flying regularly again!!

:mad:

VIKING9 12th January 2003 08:44

All quiet on the recruitment side though !! Anything happening justforfun - you seem to have the know !!

CargoOne 13th January 2003 23:29

positive news are always welcome, however AFX haven't paid their debts to suppliers...

cargosales 14th January 2003 07:41

CargoOne

Any proof of this or just more rumours?

CS

CR2 14th January 2003 07:43

Folks I think any allegations should be backed up with facts. Otherwise just leave it.

CargoOne 15th January 2003 11:09

cargosales,
It is fact - they owe us (our company) some money - nothing has been paid and even no signs that they are going to pay. And I've spoken to other people in industry - they confirmed debts are not paid as far as it concerns their companies. The debts we are talking about are between $20k to 6-digit amounts per supplier.
For obvious reasons I cannot disclose names and sums.

PS: CR2, I hope you don't expect me to scan invoices, correspondence and docs ref to court and AFX administration team and make them available here just to proof what I'm saying?

yotter 15th January 2003 13:38

AFX
 
When a company is 'in administration' doesn't it get protection from its creditors to allow it to carry on in business in the hope that debts will be eventually paid off. So this implies to me that whilst AFX certainly does owe people money, perhaps for a considerable time, there is a chance of repayment. Isn't this what they call 'Chapter 11' in the States? When a company goes bankrupt, the assets are liquidated and the creditors line up behind the big guys ( VAT, bank, inland revenue, staff - not necessarily in that order) to see if they get anything.
Any asset strippers out there care to comment?
Cheers, Y

Fr8t M8te 29th January 2003 09:52

Seems like the top flt/ops chair will be empty shortly

justforfun 29th January 2003 12:13

Interesting!
 
Really?.... any more info'd be handy.... :cool:

Grimweasel 1st February 2003 20:10

Bravo AFX
 
Yotter - some fact at last, I'm no legal eagle but I believe you are right. I suggest all you creditors out there (including ex-employees) wish AFX the best if you want to see any return.

I think they've done fabulously considering the times they've been through. British bulldog spirit and all that, don't you think that kind of determination warrants some rewards - stop slateing and start backing.

Keep up the good work AFX!!

JB007 2nd February 2003 12:26

Top Flight Ops chair is NOW empty!!!!

justforfun 2nd February 2003 15:40

Yeh, but only for the weekend....;)

acmi48 3rd February 2003 09:54

subject top(?) flight ops chair-fod
if i am to believe my ears and CR2 is listening.rommel told me
has the post ..details some what sketchy tho.. still he does know his stuff for a young man..all will be revealed later i guess

CR2 4th February 2003 05:22

CR2 can't believe his ears....good luck if this is true.

CR2 13th February 2003 06:31

Any truth to the rumour that the aircraft is sitting in Man with cracked pylon(s)?

justforfun 13th February 2003 19:31

CR2: No.... G-INTL in Far East and fairly busy.... think maybe you're talking about G-GAFX in Manston? Believe it may have pylon trouble, but the a/c was returned by AFX some time ago...

:p

JFF

VIKING9 13th February 2003 20:26

justforfun when will the website be up and running again? I guess things are settling down nicely now.......

justforfun 13th February 2003 22:18

Website?.... dunno to be honest!... :rolleyes:

TRUE FAITH 16th February 2003 11:16

As an ex-employee i wish AFX all the best.
Anyone know when we get our back pay ?
Good luck anyway guys !


All times are GMT. The time now is 05:20.


Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.