Origin Pacific sold?
Join Date: Jan 2004
Location: Where the beer is cold and the weather is colder.
Posts: 268
Likes: 0
Received 0 Likes
on
0 Posts
Below par in what respect? I hope this is'nt another one of your blind rants idiot. Are you going to back it up with some facts or would they just get in the way of your story?
I suggest if you have any information that the aircraft are below spec and dangerous you should take it to CAA yourself, Run it by your shrink first, it may just be a symptom of your medication.
Pointless and what im backing to be unproven statements made out of a personal dislike of the company or its owner make the whole industy look like a bunch of cowboys. This is forum is open to the public (media too) all the industry needs is to be back in the spotlight.
Put up or shut up.
I suggest if you have any information that the aircraft are below spec and dangerous you should take it to CAA yourself, Run it by your shrink first, it may just be a symptom of your medication.
Pointless and what im backing to be unproven statements made out of a personal dislike of the company or its owner make the whole industy look like a bunch of cowboys. This is forum is open to the public (media too) all the industry needs is to be back in the spotlight.
Put up or shut up.
Join Date: Apr 2006
Location: New Zealand
Posts: 33
Likes: 0
Received 0 Likes
on
0 Posts
ZKNSN....they already know.
Don't you?
It is a difficult position they find themselves in as a Govt regulator when the Govt is the majority sareholder in the competition.
It is not a secret unless you have your head in the sand that is
Don't you?
It is a difficult position they find themselves in as a Govt regulator when the Govt is the majority sareholder in the competition.
It is not a secret unless you have your head in the sand that is
All rumours, speculations and jokes aside, does anyone have any cold hard facts on what is happening at OP at the moment.
It dosen't appear the RI has sold (yet) as there is still nothing in any form of media.
Air Chats have been threatening to cut their strings with OP for a few months now so no big suprises there.
All the aircraft that are still flying have not been grounded by CAA so they must be airworthy. I doubt that the CAA would let a domestic airline carry passengers in dangerous aircraft no matter who they (CAA) represent.
The debt collectors are there so often that they have their own car park and set of keys.
So, what is the actually happening?
Anyone . . .
It dosen't appear the RI has sold (yet) as there is still nothing in any form of media.
Air Chats have been threatening to cut their strings with OP for a few months now so no big suprises there.
All the aircraft that are still flying have not been grounded by CAA so they must be airworthy. I doubt that the CAA would let a domestic airline carry passengers in dangerous aircraft no matter who they (CAA) represent.
The debt collectors are there so often that they have their own car park and set of keys.
So, what is the actually happening?
Anyone . . .
..... maybe a cheap way of aquiring crew and aircraft. 
Join Date: Mar 1999
Location: NZ
Posts: 423
Likes: 0
Received 0 Likes
on
0 Posts
It is a difficult position they find themselves in as a Govt regulator when the Govt is the majority sareholder in the competition.
Join Date: Apr 2006
Location: New Zealand
Posts: 33
Likes: 0
Received 0 Likes
on
0 Posts
T H E D O M I N I O N P O S T S T O R Y .RelatedLinks { padding:0px; margin:0px; font-size:10px; padding-left:13px; text-indent: -13px;}.RelatedLinks a { font-weight: bold; font-size:10px;}
Origin Pacific flies into financial crisis
09 August 2006By ROELAND VAN DEN BERGH
Regional airline Origin Pacific is urgently trying to raise millions of dollars to stave off creditors.
It is understood a decision on whether to continue trading is imminent.
Managing director and founder Robert Inglis travelled to Singapore last week to meet potential investors.
A spokesman for the Nelson-based airline said it hoped the Singapore trip would "bear some fruit".
"But very clearly the company is in a position where it does need a capital injection and we are in the market for that. We are talking to a number of parties."
The spokesman would not say what would happen if an investor was not found in the next few days.
Asked if any creditors had given the airline a deadline for payment, the spokesman said: "Creditors get recycled and we pay as you go."
Origin has relied on its profitable freight operation to maintain cash flow. Its passenger services have struggled.
In 2004, the airline was bailed out by creditors owed $11.4 million. In June that year high-profile Christchurch businessman Mike Pero and a Lower Hutt investment consortium led by obstetrician Howard Clentworth each bought a quarter share in the airline.
Last year potential investors were shoulder-tapped in a bid to raise $3 million to shore up Origin's balance sheet.
The airline was expecting to turn a profit in the year to June, the first since its creditors' rescue.
Origin flies to 11 centres, most in the North Island, and has 263 staff.
It has a tiny market share, estimated to be about 6 per cent across regional centres and about 2 per cent of the total market.
Industry sources said Origin had tried to sell part of its business to airlines in New Zealand and Australia.
It is believed Air New Zealand was approached about a month ago but declined to buy the passenger business.
Australian regional airline Regional Express was also understood to have rebuffed an approach.
It appears Origin's latest financial crisis came about because its fleet of four Jetstream 41 aircraft was required to comply with a worldwide inspection order last month.
The airline said the inspection, ordered by the manufacturer of J41 propellers, caused widespread disruption to services during the school holidays.
In June, the airline was bullish about expansion plans and launched a direct service between Christchurch and Tauranga.
It has taken a case to the Commerce Commission alleging Air New Zealand is conducting anti-competitive behaviour on some routes.
Origin Pacific flies into financial crisis
09 August 2006
By ROELAND VAN DEN BERGHRegional airline Origin Pacific is urgently trying to raise millions of dollars to stave off creditors.
It is understood a decision on whether to continue trading is imminent.
Managing director and founder Robert Inglis travelled to Singapore last week to meet potential investors.
A spokesman for the Nelson-based airline said it hoped the Singapore trip would "bear some fruit".
"But very clearly the company is in a position where it does need a capital injection and we are in the market for that. We are talking to a number of parties."
The spokesman would not say what would happen if an investor was not found in the next few days.
Asked if any creditors had given the airline a deadline for payment, the spokesman said: "Creditors get recycled and we pay as you go."
Origin has relied on its profitable freight operation to maintain cash flow. Its passenger services have struggled.
In 2004, the airline was bailed out by creditors owed $11.4 million. In June that year high-profile Christchurch businessman Mike Pero and a Lower Hutt investment consortium led by obstetrician Howard Clentworth each bought a quarter share in the airline.
Last year potential investors were shoulder-tapped in a bid to raise $3 million to shore up Origin's balance sheet.
The airline was expecting to turn a profit in the year to June, the first since its creditors' rescue.
Origin flies to 11 centres, most in the North Island, and has 263 staff.
It has a tiny market share, estimated to be about 6 per cent across regional centres and about 2 per cent of the total market.
Industry sources said Origin had tried to sell part of its business to airlines in New Zealand and Australia.
It is believed Air New Zealand was approached about a month ago but declined to buy the passenger business.
Australian regional airline Regional Express was also understood to have rebuffed an approach.
It appears Origin's latest financial crisis came about because its fleet of four Jetstream 41 aircraft was required to comply with a worldwide inspection order last month.
The airline said the inspection, ordered by the manufacturer of J41 propellers, caused widespread disruption to services during the school holidays.
In June, the airline was bullish about expansion plans and launched a direct service between Christchurch and Tauranga.
It has taken a case to the Commerce Commission alleging Air New Zealand is conducting anti-competitive behaviour on some routes.
Origin seeks more capital to deal with competitive skies
Wednesday August 9, 2006
By Liam Dann
Regional airline Origin Pacific is seeking a sizeable injection of capital to expand to a more "viable" size.
The airline - which came close to bankruptcy in 2002 - is seeking a private placement of capital likely to be in the tens of millions of dollars. A spokesman said yesterday the money would be used to pay for new planes and new routes.
Founder and managing director Robert Inglis was in Singapore last week talking to several interested parties. He is also talking to two New Zealand parties.
Origin Pacific staved off bankruptcy in May 2002 by sacking 93 staff and dramatically cutting back its services.
It was bailed out by mortgage broking millionaire Mike Pero, who bought a 25 per cent stake and took a seat on the board. Pero stood down from the board last year saying he was confident the airline was a viable business again.
But the airline - which flies to 10 destinations including Wanganui and Palmerston North - has struggled to cope with aggressive competition from Air New Zealand.
It has accused Air NZ of using its market dominance to squash competition. In June, it asked the Commerce Commission to investigate after Air NZ began new services on two Origin Pacific routes - Nelson to Hamilton and Nelson to Palmerston North.
Origin is unhappy that Air NZ is chartering aircraft specifically to fly those routes.
Wednesday August 9, 2006
By Liam Dann
Regional airline Origin Pacific is seeking a sizeable injection of capital to expand to a more "viable" size.
The airline - which came close to bankruptcy in 2002 - is seeking a private placement of capital likely to be in the tens of millions of dollars. A spokesman said yesterday the money would be used to pay for new planes and new routes.
Founder and managing director Robert Inglis was in Singapore last week talking to several interested parties. He is also talking to two New Zealand parties.
Origin Pacific staved off bankruptcy in May 2002 by sacking 93 staff and dramatically cutting back its services.
It was bailed out by mortgage broking millionaire Mike Pero, who bought a 25 per cent stake and took a seat on the board. Pero stood down from the board last year saying he was confident the airline was a viable business again.
But the airline - which flies to 10 destinations including Wanganui and Palmerston North - has struggled to cope with aggressive competition from Air New Zealand.
It has accused Air NZ of using its market dominance to squash competition. In June, it asked the Commerce Commission to investigate after Air NZ began new services on two Origin Pacific routes - Nelson to Hamilton and Nelson to Palmerston North.
Origin is unhappy that Air NZ is chartering aircraft specifically to fly those routes.
Join Date: Sep 2003
Location: NZ
Posts: 80
Likes: 0
Received 0 Likes
on
0 Posts
Idiot, the Origin pilots are probably having a pretty **** time right now. I think you owe them an apology. Your accusations are an insult to their professionalism.
If the aircraft weren't airworthy they wouldn't be flying them W@nker.
As for Lex, mate you should be spending more time dusting off your C.V and less time blabbing your employers business all over the internet. Show a little professionalism and delete your post eh? At the NZ companies I've worked for it's grounds for instant dismissal if you're identified, so if your name's Alex or Lexington or something like your nick your pretty much screwed. Might be wise to protect a potential redundancy payout instead of getting fired first eh?
Best of luck to all families caught up in the circus.
If the aircraft weren't airworthy they wouldn't be flying them W@nker.
As for Lex, mate you should be spending more time dusting off your C.V and less time blabbing your employers business all over the internet. Show a little professionalism and delete your post eh? At the NZ companies I've worked for it's grounds for instant dismissal if you're identified, so if your name's Alex or Lexington or something like your nick your pretty much screwed. Might be wise to protect a potential redundancy payout instead of getting fired first eh?
Best of luck to all families caught up in the circus.
Join Date: Apr 2006
Location: New Zealand
Posts: 33
Likes: 0
Received 0 Likes
on
0 Posts
Largerboy
The truth is the truth. The fact they you may not wish to accept it is up to you. The problems start at the top at OP and until that is changed it will be the same old news.
I have not once mentioned about any pilots just in case you can't read.
A pilot has to take the word of another for airworthiness and would be none the wiser if a component was past it's O/H date.
Read the posts before you point fingers.
The truth is the truth. The fact they you may not wish to accept it is up to you. The problems start at the top at OP and until that is changed it will be the same old news.
I have not once mentioned about any pilots just in case you can't read.
A pilot has to take the word of another for airworthiness and would be none the wiser if a component was past it's O/H date.
Read the posts before you point fingers.
Join Date: Mar 1999
Location: NZ
Posts: 423
Likes: 0
Received 0 Likes
on
0 Posts
The problems start at the top at OP and until that is changed it will be the same old news.
A pilot has to take the word of another for airworthiness and would be none the wiser if a component was past it's O/H date.
Join Date: Mar 1999
Location: NZ
Posts: 423
Likes: 0
Received 0 Likes
on
0 Posts
Yes, you shouldn't have to check, you should be able to trust your engineering department. Sadly, it wouldn't be the first time that pilots were unknowingly compromised - the CAA's attitude to enforcement virtually encourages it.
Join Date: Aug 2006
Location: NZ
Age: 64
Posts: 6
Likes: 0
Received 0 Likes
on
0 Posts
Pull your head in Lex
Jeeze Lex give the good people at OPA a break, the last thing they need is a dick head stirring the pot like you do, you should have more honour than posting an internal memo like that, if you work for them I hope they find you and bounce you out of there you should have respect for what RI acheived over the years he may not have run the perfect business and sure he probably rubbed a few people up the wrong way but NZ would be a hell of a lot dearer place to fly round if he wasn't here.
Good luck to the staff at OPA, hang in there
Good luck to the staff at OPA, hang in there
Join Date: Aug 2006
Location: Duckberg
Posts: 168
Likes: 0
Received 0 Likes
on
0 Posts
Posting an internal memo on the net (particularly with the media trawling through it) would get you in 
with most Businesses if you were identified...
...also, I second all the well-wishing. My sincere regards and best of luck to RI and the Guys/Girls at OPA, I hope you can pull this off
with most Businesses if you were identified......also, I second all the well-wishing. My sincere regards and best of luck to RI and the Guys/Girls at OPA, I hope you can pull this off
Join Date: Aug 2006
Location: NZ
Posts: 37
Likes: 0
Received 0 Likes
on
0 Posts
Time to Go!
Yes this is my first post but I simply cannot stand listening to this touchy/feely rubbish any longer.
Facts:
1. RI is a crook who owes a lot of people a lot of money and its time he either pays up or goes out of business.
2. There are plenty of oportunities out there for the OP staff but if they are not smart enough to bail now then they should be prepared to sit around the camp fire with RI, toasting marshmellows and talking about the good times as that is ultimtley what lies ahead.
3. NZ has given this absolute shambles of an oufit a good enough chance and reality is they have stuffed it up - how much longer must we put up with their bul#$&*t spin doctor antics in the media, blaming everyone but themselves while they continue to take advantage of good honest, legal busineses and people that provide services to them in good faith.
4. It will all be over any day now - RIP.
5. To all the staff and crew - best of luck (sincerely)
I feel better now.
Facts:
1. RI is a crook who owes a lot of people a lot of money and its time he either pays up or goes out of business.
2. There are plenty of oportunities out there for the OP staff but if they are not smart enough to bail now then they should be prepared to sit around the camp fire with RI, toasting marshmellows and talking about the good times as that is ultimtley what lies ahead.
3. NZ has given this absolute shambles of an oufit a good enough chance and reality is they have stuffed it up - how much longer must we put up with their bul#$&*t spin doctor antics in the media, blaming everyone but themselves while they continue to take advantage of good honest, legal busineses and people that provide services to them in good faith.
4. It will all be over any day now - RIP.
5. To all the staff and crew - best of luck (sincerely)
I feel better now.