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NAC - Officially Broke

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Old 17th Oct 2005, 04:37
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DUXNUTZ

Believe Australasian Jet have taken over NAC in Darwin as they have all the other former NAC bases.

Whether that was done through the administrator in bankruptcy or not I do not know but I suspect they may have been the largest creditor.
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Old 17th Oct 2005, 05:26
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Thanx for the info.


Never know, they may just base a Lr-35 at Maningrida for all we know!
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Old 18th Oct 2005, 02:42
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I expect this will not be the last we hear of the the leach! Heard he is taking over Batchelor base!
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Old 18th Oct 2005, 03:42
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heat

He always had that [Batchelor Air Charter] AOC in the bottom drawer.

Be interesting to know whether it is the company (NAC) that has gone bust or HA himself. I believe it was the company.

If it is only the company, were there any personal guarantees linking HA to the debt, if so perhaps the second AOC should have been declared as an asset.
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Old 18th Oct 2005, 12:29
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He may still have the batchelor AOC. Don't think the main mob down their like him though, he will need some pilot puppets to run the show!

Maybe we can all pitch in and lend him a Cessna 152(aerobat) to get started and give 50 bucks to the servo to do the maintenance!




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Old 19th Oct 2005, 02:49
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It’s official.

I believe the administrators will be holding a meeting this Friday. No more details. Just a heads up to anyone owed money by these clowns.

Looks like the Christmas party will be in sunny Batchelor this year.
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Old 20th Oct 2005, 04:23
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Danger The little green man is finished

Altho he says he's away from it all SW still has trouble ahead, but more about that in the future.

Erin the link that you placed is a big sign to all previous pilots that he did not beat everyone - in fact the pilots of NAC had the final victory and that can not be changed. The fact that he lost his company is a major blow to his ego above anything else.

GinJockey that was a very funny post - you hit the nail on the head perfectly.

Stay tuned for the latest developments.

wawa
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Old 20th Oct 2005, 04:40
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Danger home truths.

I'll bet they didn't go broke by paying above the award wages to pilots,just another typical short sighted GA company. provide a stable enviroment with incentive for crew to stay and you'd be bloody suprised how much difference it makes to the profitablity of a company of that size.
I can't say I have all that much sympathy for them ,most GA companys think like that and most will end up like this.
A real pity, because it was once a fantastic and finacially viable career,now it could only be a hobbie that only just feeds you.
Pathetic.
RWS888
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Old 23rd Oct 2005, 22:53
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I have heard hat the latest story being told around barbeques in Darwin by one individual is that " the business was actually in excellent financial shape and making a profit when it was sold and the new buyer has driven it to financial ruin in under 3 months........"

I bet the buyer would be happy to hear that it's ALL his fault!
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Old 24th Oct 2005, 01:53
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the latest story being told around barbeques in Darwin by one individual
Was that S.W?
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Old 24th Oct 2005, 02:10
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Only the good die young!!!!

Aha, at last. It seems that Darwin and GA are free from the snake like Irishman and his tyrany. Three cheers for us. WWWAAHHHOO

However, let the celebrations go no longer than a few months as there is still evil in our midst. The sun has not gone down fully on this adder, and previous posts were correct to imply that his iminant return to shaft and screw pilots in future business (ad)ventures is something to be wary of.

Another point of order that has also been touched upon, the fact that there are still others out there doing the exact same thing. The mention of Air Ngukurr struck me as a little odd. Perhaps an ajenda of someones as I thought they payed the award to pilots /reception and other staff (the flying freight shed manager dosn't seem to be going anywhere dispite many attempts to poach him by other companys, including old snake eyes himself). Perhaps their financial position is not great but the staff seem happy enough, and the new King Gee uniforms I must say, add that special "Territory" feel for the bandit passengers.

Not looking to start a fight here, just saying what I am see.

What I do see is another cocky upstart trying to establish a reputation of shafting pilots with promises of all maner of wonderful things, but not actually coming up with the goods. Perhaps AF is a more worthy target to vent the frustrations we all have built up after working in this industry. I hear nothing good from their employees about conditions and wages in the organisation. Perhaps I am wrong, anyone care to educate me more on this topic. Do they actually pay the award? Are they fulltime jobs? Are their staff happy there?

Like I say, it is great to see the changes in the old NAC hangar, but let us not be blinded to the fact that there will be another one just like %# somewhere in the pipework. The industry is far better off now that he is gone. It is however, important to keep it moving forward rather than to stagnate and allow another situation to develop where many pilots get bent over the 210 tailplane for the sake of feathering the owners nest so he can sleep comfortably there in the place that the two hookers were last seen alive.

SEF.
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Old 24th Oct 2005, 02:29
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Passingbay,

I was told that he was at the barbie if that helps......... you get the idea.

cheers

Vic
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Old 25th Oct 2005, 15:35
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Elmo's Fire.

Have you been to Ngukkur? Air Ngu were at one stage i believe paying a max of 3-4 hours flight time per day regardless of hours flown. They also deserve a baggin for masquerading behind their indigenous link as a service to the communities wherein they use this to make money out of them.

Bring back Wak Waks....
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Old 26th Oct 2005, 07:07
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Rather SAD to see these so called Operaters going bust on a regular interval in Darwin.

Apart from people ending up looking for work....the sympathy MUST go for suppliers such as "Maintenance, Fuel and Aircraft Owners", they have bills to pay and people to look after you know !!

Interesting to see that...... all these operaters fly flat out with government contracts and such, hence income is not a problem, I do know that some Govt., or a Corporate body jobs may take a while for the funds to come through, But it DOES. With over 40% profit worked in the rate on top of all the costs (Aircraft, Crew, Fuel, Insurance, Catering, Airway/Landing, Maintenance Reserves plus overheads etc) there doesn't seem to be charity work.
Then, why in the Earth the suppliers get shafted whom accept to give over 6 week credit ( Acft Owners), Over 4 weeks (Mx and Fuel). The dreadful Crew situation is noted with all respect.

Just makes it hard for the future, to offer anymore than 2 week credit, if not money upfront aey.

As mentioned above obviously there was/is income factored in, where did all that go.....someone took it home perhaps !! Ferk Hope you goons sleep well.

Not pointing fingure at one individual or an organisation, but this has started to happen too often and WELL beyond a joke, which makes me raise another sad question.....

Just a matter of time, Who's Next

Although, I would love to see all the operaters operate SAFELY, survive well and provide jobs and service to the great Northern Territory.

Good Luck......

Austin (On a serious side)
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Old 26th Oct 2005, 11:48
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victor two,

If it was the Leprechaun’s barbeque then I find that anything said is hard to believe.

Only because it would be like a scene out of the movie “The Lonely Guy”. Just SW, cardboard cut-outs and a second-hand blow-up dole.

I think the real story is that SW’s pockets (or who ever he has made the trustee of his estate) are in excellent financial shape . Like captwawa stated, it is not over for the little green man. A lot of people f#cked over from years past have not forgotten or forgiven. Just biding their time.

If he is spouting that sh#t out at barbeques then he obviously hasn’t learned a dam thing. Not only is he not taking responsibility for his actions but blatantly bullsh#tting to a few people stupid enough to listen. Pathetic and Gutless. Not much of a role model for his son.
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Old 28th Oct 2005, 02:13
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Duxnutz, you wrote "They also deserve a baggin for masquerading behind their indigenous link as a service to the communities wherein they use this to make money out of them"

Regarding AN???? So when was the last time you saw a company in darwin giving out free flights to the Pigmentaly challenged? Business is business I thought. I think your the only guy masquerading??

From a mate who works there I say watch this space as AN might just be the largest and most profetable opperator in the near future on the darwin GA scene! A couple more turbines may appear? Compared to some of the Pilots in Darwin the AN boys and girls seem to get above the award plus more, sounds good to me.

SS

PS. I was in Darwin for a night last week and noticed a hell of a lot of NAC planes doing nothing, if they are opperating as AusJ then its very minimal.
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Old 28th Oct 2005, 06:01
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"From a mate who works there I say watch this space as AN might just be the largest and most profetable opperator in the near future on the darwin GA scene!"


- Yeah! Then maybe they will be able to keep enough fuel in BWC to keep them fans turning then huh....
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Old 28th Oct 2005, 09:14
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Don't forget,

Every man and his dog reckons that his company is about to unravel something *BIG* and become the biggest operator since the silent era.

Good attitude to have, I reckon, but don't confuse the forest for the trees.


520.
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Old 28th Oct 2005, 09:35
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BBQ Etiquette

Gentlemen,

All I was told was that the story doing the rounds from previous management to anyone who will stand still long enough to listen is that when the money changed hands in July, the company was doing great, things were rosey, the tax man was happy and the planes were busier than ever.

This suggests that in the space of less than 3 months, the new owner somehow racked up a massive tax bill, the planes stopped flying and the company fell apart ......... hence in come the administrators like jackals to pick at the rotting carcass

As for whose barbie it was and who paid for the chops and snags, I can't answer that but anyone who knows the nature of the main players in this tragedy will be able to connect the dots and filter out the brown material involved in the tale.

cheers

Vic
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Old 28th Oct 2005, 10:31
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Your mate reckons that AN might be the biggest operator out of DN GA ??.... all their aircraft are leased.

Having worked for this operator, i corroborate what Enufsaid and others said about that company: they certainly didn't pay above award when i worked there, and certainly haven't paid compulsory super to their employees.

The CEO might get his though, he's a bit like Geoff Dixon, cutting on salaries and Jet 1 costs (can't put too much in the bandit ) and still getting paid wage plus bonuses.

I bet you the Taxman is chasing some cash right now. As for the bandit, the goss is that they are operating one from AAS in ASP, there may be more goss coming out soon with this company. (Can anyone confirm?)

Nevertheless, it's good to see that AN pilots are committed to make things work in their company as you describe it.

Bring on some B1900D's to Bathurst i say.

Last edited by Dj Dave; 28th Oct 2005 at 10:57.
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