Arena Aviation - closed
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Join Date: Apr 2006
Location: Port Headland
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FTA
Agree 'Basil' does run a tight ship. Sure the aircraft are aging but well maintained in house.
Cost of operating at YBAF is well beyond a joke, I hear now the schools pay a landing fee for each touch and go?
YBAF is rapidly becoming a ghost town, in the past few years the following have dissapeared;
Archerfield Aircraft Maintenance
Aero Engine Overhaul
Aircraft Engineers Associates
Flying Fighters
Fliteline (NZ)
Ryan Aircraft Sales
Brisbane Aircraft Sales
Aerospray
Arena
Just to name a few ..........................
Cost of operating at YBAF is well beyond a joke, I hear now the schools pay a landing fee for each touch and go?
YBAF is rapidly becoming a ghost town, in the past few years the following have dissapeared;
Archerfield Aircraft Maintenance
Aero Engine Overhaul
Aircraft Engineers Associates
Flying Fighters
Fliteline (NZ)
Ryan Aircraft Sales
Brisbane Aircraft Sales
Aerospray
Arena
Just to name a few ..........................
Join Date: Mar 2007
Location: Belfast
Age: 50
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I just accepted a job building those Boomerangs. I am going to be moving from Bombertown, Northern Ireland to Hicksville, Queesnland.
Do these (not quite)a Tomahawk have enough customers to warrant a move, Or should I stay here in Shorts?
Do these (not quite)a Tomahawk have enough customers to warrant a move, Or should I stay here in Shorts?
Join Date: Nov 2006
Location: western australia
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RIP Arena...and never come back
As was said above, what goes around comes around.
I'd have to say word of mouth is one of the biggest tools in the GA industry. When I was ripped off by Arena's shonky package deals I must have told at least five or six potential students to look elsewhere for their training. Sooo what's that about $250,000 worth of lost revenue?
RIP Arena Aviation
I'd have to say word of mouth is one of the biggest tools in the GA industry. When I was ripped off by Arena's shonky package deals I must have told at least five or six potential students to look elsewhere for their training. Sooo what's that about $250,000 worth of lost revenue?
RIP Arena Aviation
Join Date: Mar 2007
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I had looked and spoken to the administrator to buy the company but they were not being very helpful. I made an offer but there was someone that made a better one.
From what i hear from 1 of the former directors is that there were 2 people there that ran it into the ground and the remaining 2 have been left to try and pick up the pieces.
It sounds to me that they just got shafted by some old directors but i could be wrong
From what i hear from 1 of the former directors is that there were 2 people there that ran it into the ground and the remaining 2 have been left to try and pick up the pieces.
It sounds to me that they just got shafted by some old directors but i could be wrong
Join Date: Apr 2007
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Arena Avition
hi all , i was one of the international student @ arena aviation ...nd i got my money back , like nt back but acpet ( Australian Council for Private nd Training ) they have secured a new school for me and that is FTA ( Flight Traning Australia ) nd i have to pay nuthin fr my rest of flying nd IREX . So for every1 whom arena owe money u can contact ACPET nd they will help ..
hmmm stressful one?
So stressful one, a new username, one new thread and two posts asking for the dirt on Arena aviation's collapse? Smells of vested interest or cheap journalism to me...tut tut
Join Date: Apr 2007
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lets try and think about it.
2 new posts, yes i just joined and do have a interest in what happened to Arena.
AS i said i had been reading for a while and for some reason thought this place would be a good place to get some answers and not get attacked by some tard with an attitude.
just wanted info nothing more
2 new posts, yes i just joined and do have a interest in what happened to Arena.
AS i said i had been reading for a while and for some reason thought this place would be a good place to get some answers and not get attacked by some tard with an attitude.
just wanted info nothing more
Oh, the irony.
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auction
Seems the school will not sell as a going concern, all is to be auctioned on the 18th of April. http://www.pvas.com.au/onsite.htm
I bet those Traumahawks that are just about out of spar life and that pristine Seneca with time ex engines fetch a premium!
Funny I can't see the directors company cars listed or perhaps they have just missed them?
I bet those Traumahawks that are just about out of spar life and that pristine Seneca with time ex engines fetch a premium!
Funny I can't see the directors company cars listed or perhaps they have just missed them?
Join Date: Apr 2007
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the things we are not taking are still going ot the auction.....
the amount of money they owed on some of the aircraft it very very high (over 100k) for a 79 pa28 for example)
The only way the company could be sold as an ongoing concern was if the secured creditors got what they wanted. If you ask me it should be the unsecured creditors that should get the most because you can sell the planes or give them back to the finance company but they are not interested in doing that. ( i think because they know they will never get 59k for a tomahawk to pay it out)
There are some very unhappy people out there that are owed money and they are very angry with me because i am not paying 500k to get everyone 100% of their money back. My answer to them is stiff, if it goes to auction you will get nothing it if do it you at least get something
the amount of money they owed on some of the aircraft it very very high (over 100k) for a 79 pa28 for example)
The only way the company could be sold as an ongoing concern was if the secured creditors got what they wanted. If you ask me it should be the unsecured creditors that should get the most because you can sell the planes or give them back to the finance company but they are not interested in doing that. ( i think because they know they will never get 59k for a tomahawk to pay it out)
There are some very unhappy people out there that are owed money and they are very angry with me because i am not paying 500k to get everyone 100% of their money back. My answer to them is stiff, if it goes to auction you will get nothing it if do it you at least get something
Moderator
I'm a bit unhappy too that I was intending to bid for several items in the auction, I rang the auctioneers to ask what was left and they said they had no knowledge of some of it being sold prior to auction. They told me it would be "all or nothing" if there was to be a sale prior to auction.
So far have not been able to contact the administrators.
So perhaps you could tell us what is left?
So far have not been able to contact the administrators.
So perhaps you could tell us what is left?
Join Date: Apr 2007
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The Seneca Maybe. i say maybe because the bank may not let it go to us. As far as i know there is a tomahawk, a Arrow, Warrior. I think it is all the aircraft except 1 archer and 2 tomahawks.
And the sale has only been made semi official as of today
And the sale has only been made semi official as of today
Last edited by stressful one; 4th Apr 2007 at 05:46.
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( 59k for a tomahawk to pay it out)
They would be lucky to get that for all the Tomahawks combined!
Stressful have you had a past interest with Arena?
Would you really want the Seneca, do the sums ........
A pretty good Seneca I would be lucky to fetch $110,000
Subtract paint 25k, Interior 5k, Engines 70k, Props 12k, a good 100 hourly 10k ......... you would need to be paid 12k to take it away!
Stressful have you had a past interest with Arena?
Would you really want the Seneca, do the sums ........
A pretty good Seneca I would be lucky to fetch $110,000
Subtract paint 25k, Interior 5k, Engines 70k, Props 12k, a good 100 hourly 10k ......... you would need to be paid 12k to take it away!