freddieclemenza

Yes, we hear also in Europe about Faris Deeb attempts for obtain aircraft for replace repossessed aircraft and make difficulty from lessor industry learn about Prestige Jet very bad with lessors beside employees.

freddieclemenza

Sunnydolan make correct statement why employees remain on Prestige Jet. Other question about why Hamed Al Hamed continue put money in losing business but no pay employees or lessors or suppliers only when forced to pay? Answer not just economics but maybe we here can never know. Maybe Prestige Jet for laundering money, maybe this way of giving money to terrorist organizations - this how it is done, from much cash operation having very bad controls about the money and nobody cares, not even owner which is losing millions every month. Maybe Prestige Jet carrying things on aircraft along with customers. We do not know but we know that company makes no sense and makes no sense owner support corrupt management costing him millions. What anybody else think?

KangarooFlyer

It has been reported that word is out among the lessor community, causing certain lessors to decline to lease aircraft to Prestige Jet. Unless they have PLRuNe, we can infer that PPRuNe has contributed to this phenomenon.

pinkus

I heard they had credit again because every where they went they were calling themselves "Mediterranean Jets"

Guess that didn't last long.

KangarooFlyer

Oh, that's the next Prestige Jet to which all the cash and assets will be moved, in Morocco - like Bahrain, Jordan, Qatar and Spain before.

Gulfstreamaviator

This was the response from the CEO of another UAE AOC holder, when a staff member who was terminated requested his legal rights.

glf

KangarooFlyer

Freddieclemenza has raised some intriguing questions in the post just above. It is not just about why employees continue to work, it is also about why the owner continues to sink millions into what appears to be a consistently corrupt, mismanaged, loss-making company into which his cash seemingly disappears?

KangarooFlyer

You have to wonder whether this is a serious business, as it has been consistently corrupt, mismanaged and loss-making. Why would somebody like Hamed repeatedly sink millions into the enterprise but not pay employees and suppliers?

Freddieclemenza raised some interesting questions in another thread, to the effect that maybe it is money laundering, maybe something else is being moved on the airplanes, maybe they use this cash-operated mess to hide support for terrorist organizations or whatever else in some of the places they fly, etc.

Or maybe the management is stealing from Hamed - money that Hamed thinks is being given to the employees?

Nimer767

KangarooFlyer Well said , thank you

Waste Management

Hey - if money is being given by the owner and it is not getting to the employees, it is the employees who are getting robbed, not the owner.

In any case, this is an academic philosophical point, as there is no doubt that Hamed Al Hamed knows exactly what is going on in his company, perpetrated by Faris Deeb & Co. and he evidently supports it. Certainly he should be aware about the losses of the company, since he constantly has to input millions more in cash, the many court judgments won by employees who have not been paid, the many lawsuits and detaining of aircraft abroad by suppliers (London, Pairs & Istanbul most recently), the repossessed aircraft, the aircraft that he has bought back from disgusted customers, the $5 million lawsuit by former top customer Sheikh Khalid Al Enazi placed in Jordan which alleges that Mr. Deeb stole $5 million in cash from this esteemed customer...

Of course Hamed knows that the employees are not being paid - he just doesn't give a rat's ass. Try to ask for your pay, you get trumped-up charges placed against you (see http://www.pprune.org/middle-east/45...b-go-jail.html).

pinkus

He knows and doesn't give a crap.

His plane was managed by the company long before he became chairman. His flights were always being delayed because handlers, catering, fuel companies etc would refuse to give credit.

He knew all of this and still signed on as chairman. The man owns hotels, banks and all sorts of successful companies. Why would he put money into that sort of sinking ship unless he had an ulterior motive.

The ****ty thing is employee wages are pennies to him. Why not use the company for whatever money laundering dodgy reasons you want to and still pay your employees?

gerald-dolan

gerald-dolan

hahahahahah guess prestige has to be named deeb jets, this company is controlled by the deebs. watch out the company, from these gangs and the big bustered their chairman hamed al-hamed.

gerald-dolan

gerald-dolan

Well... there ya have it gentlemen...

Do you really want to work for an outfit that makes you launder their money, doesn't pay your salary for months, and then tries to imprison you when you try to move on simply because they don't want to pay your end-of-service benefits...

Most people would find this assertion laughable to the point of ridiculous.... yet with Prestige.... 'laughable and ridiculous' are kind words to describe them...
Due to having no credit after failing to pay just about every person and organization it deals with, Prestige Jet sends its flight crews out with tens of thousands of Euros in cash in order to pay for things like fuel, ground handling, hotels, etc. The entire operation is a cash operation, customers paying cash to Prestige Jet, Prestige Jet paying cash to suppliers - an accounting, organizational control, security and money-laundering nightmare.

gerald-dolan

With this background, a Lineage pilot asks to be paid (the company has not paid employees in several months), gets nowhere and so files a case for his pay. How does Prestige Jet react? While said pilot is out of country, they file a criminal case accusing the pilot of stealing AED 2 million and now he will be arrested if he tries to enter UAE.

Of course, if he really took the money, the airplane would have never been fueled or paid its various landing, handling and other charges, so this claim is rendered prima facie absurd by fact of the pilot having successfully completed all assigned trips, which he could not have done without spending the money on required items such as fuel and ground handling (not to mention what an indictment this is about management control over the cash, if it is to be believed.)

Colleagues, it is bad enough to not be paid, to be paid sporadically and to be ripped off on your way out of the company - but to be accused of criminal acts and sent to jail because you do your job and ask to be paid is absolutely reprehensible. I hope that all in the pilot community will be as shocked and outraged as I am about this new low in UAE working conditions.

gerald-dolan

Waste Management

You can add to the above questions why customers would utilize Prestige Jet, owing to the disruptions to customers' trips created by all of the mismanagement, corruption and angry suppliers & employees (suppliers holding up the aircraft waiting to be paid - and employees doing same.)

Now we have probably the best Prestige Jet customer ever, Sheikh Khalid El Enazi, placing a lawsuit against Faris Deeb and Prestige Jet in Jordan, alleging that they ripped him off for $5 million.

What else do customers need to know in order to avoid using this company?

At what point does the vise comprised of employees, suppliers and customers get tight enough to encourage change?

Waste Management

What's next, sic Erik Prince and his band of "Christian Crusaders" of the most vicious mercenaries to be found around the world, which they are amassing in the desert outside of Abu Dhabi city? Why would they be collecting such a band of notorious rogue characters, other than to utilize them against expats who get out of line or even their own people who pose a threat? No doubt because only these "Christian Crusaders" mercenaries will be the only ones willing to slaughter the expat laborers or their Islamic brethren.

Only conclusion possible: things are going to get ugly in UAE.

Waste Management

Dear Ex-Terminator

I think that we can accept as facts the numerous legal judgments won by Prestige Jet employees in the Abu Dhabi Courts, the criminal charges placed against one of the pilots for attempting to assert his right to be paid, the actions of suppliers arresting jets in London, Paris and Istanbul, the repossession of the Prestige Jet Spain aircraft by General Electric Capital Corporation, the $5 million lawsuit placed by former customer Sheikh Khalid Al Enazi in Jordan, the constant cashiering of employees just before they become legally eligible for Labour protections or increased departure settlements, etc., etc.

And, as the comments made on this forum have been consistent over the past three years and affirmed by numerous different employees and ex-employees, as opposed to one person with an attitude or a grudge, I for one choose to accept most, if not all, of the statements seen here as being factual.