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Old 5th Apr 2007, 11:57
  #61 (permalink)  
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web site

Amazing ........ you have not bought the company yet can manipulate the web site yet state to have 'No Past affiliations in the at all'?
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Old 5th Apr 2007, 12:16
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o well enjoy the auction on 2 or 3 clapped out planes and 2 toyota vans
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Old 5th Apr 2007, 13:28
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Good Luck

Stressful

Dont get me wrong, if you do pull this off I wish you the best of luck.

Arena have probably clocked up 80,000+ hours over the past 30 years and no doubt produced many fine pilots. They also have employed many people and contributed to the employment of many others.

The cost of operating at YBAF no doubt was the straw that broke the camels back, even after relocating the ship leaked too much to recover. I guess that why wpac are owed rediculous amounts on the remnants of the fleet. Getting caught in a legal battle with Airservices a few years back also no doubt contributed.

Lots of lessons to be learnt from the past. We may be s t hot pilots but usually s t house business men!

Good luck, I hope you pull it off!
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Old 6th Apr 2007, 13:46
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Maybe I'm a bit slow .... but Stressful claims to have purchased the corporate entity and selected assets under a private treaty, at an amount less than the total liability to creditors, without a Deed of Arrangement being agreed by the creditors (majority by value and number), at a formally convened Meeting of Creditors????

Perhaps Stressful should concentrate on his more earth bound business pursuits?
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Old 7th Apr 2007, 11:22
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As a former student of arena, that left prior to PPL stage I am in no way at all surprised about the colapse of this company. The way they handled customers etc, its a wonder that they survived this long. The CFI is a disgrace.

Shame for the few good instructors that were there. I do not think this is because of market forces as there is lots of work to had from training pilots from asia/ME. There are just better operators in the area which put arena to shame.

Hopefully the instructors can now find work with a decent outfit in the area.....
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Old 8th Apr 2007, 00:37
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YRED is cool

I was sad to hear some of the personal tragedies resulting from the Arena Debacle.
I fly with Redcliffe Aero Club and know they picked up a couple of students after the move which must say something for the Arena operation or at least cost structure. I hope there is some chance of recourse for the individuals who have lost money. I have heard a couple of the stories and it is a double tragedy for some as they may have incurred a debt of their own to pay for their training, which leaves them owing $$, having no qualification and no way of getting it whilst they are paying of the $30K they owe the bank. They have lost much more than money.
Having just finished upgrading an old RPPL to a full PPL through the Aeroclub, I have nothing but praise for the professional and friendly manner in which they (RAC) treat everyone.
Do youself a favour, join the club, fly with them and support their operation so that YRED can continue to thrive.
Take a look at their website (search google) they have a complete range to offer and are a great bunch of people.
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Old 8th Apr 2007, 09:55
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The way they handled customers etc, its a wonder that they survived this long. The CFI is a disgrace.
Well I have it on very good authority that the CFI is part of Stressful One's busniness plan for his new venture into previously unfamiliar territory of running a GA business.
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Old 8th Apr 2007, 12:42
  #68 (permalink)  
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The same CFI who had work done on his MG using the company account...

The administrator's list also states this certain CFI/former owner is owed an undisclosed amount of money for instructing. Along with the poor junior instructors who went weeks without pay...

Judging by the rubbish going around this forum things won't be changing too much.

Shame shame shame!
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Old 10th Apr 2007, 11:40
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Arena Aviation Auction

We ,(PVAS), are the appointed auctioneers for Arena Aviation ( Administrator Appointed). After receiving some enquiries regarding the auction, in particular that the assets had been purchased prior to auction, we decided that we should advise all interested parties that the auction is proceeding as scheduled. We have not been informed of any confirmed sale of any assets to date. If you have any questions please direct them to [email protected]. or view our website www.pvas.com.au. thanks
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Old 10th Apr 2007, 11:52
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Arena Auction

In reponse to the number of questions regarding the Arena Aviation Auction, We (PVAS) or the auctioneeers appointed by the administrator to conduct an auction of Arena Aviations Assets. We have not been informed by the adminstrator of any formal sale of assets to date and are proceeding with the auction as scheduled and advertised. If you have any questions please direct them to [email protected]. Thank You
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Old 10th Apr 2007, 12:51
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YRED

I'll second beevo's comments. I have been flying with the Redcliffe Aero Club for the last few months getting all my ratings current again after a long time out of flying. The atmosphere is friendly and professional and they have some beautiful airplanes. Worth a look if you are looking for somewhere to fly.
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Old 10th Apr 2007, 21:49
  #72 (permalink)  
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PPRuNe Forums will not be used in an attempt to frustrate or derail a process being conducted in accordance with Australian company legislation.

Streeful One shall stress no more. He's on "holidays" from PPRuNe until the auction is over. He is unable to respond to any posts.
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Old 10th Apr 2007, 23:39
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Arena Auction

It is sad to hear all the "bad" reports about Arena. I met some really nice people working there as a paying client. In regard to the aircraft, can anyone tell me about the T-tailed arrow? I never flew it there but wouldn't mind putting my hand up at the auction. If it is inappropriate in this forum, please PM me.
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Old 11th Apr 2007, 03:29
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If you're talking about the Arrow IV that was online there about 10 years ago, I think that used to belong to one of the "Ian's" at Ian Aviation - 'twas a very nice aeroplane. At the time possibly the best maintained etc in the whole fleet.

I had heard via the grapevine, though, that the said "Ian" had sold it.

Of course, if it's a different arrow, then pls disregard this post. (sorry - can't 'member the rego off the top of my head)
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Old 11th Apr 2007, 05:27
  #75 (permalink)  
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Arrow

Different Arrow, KBD has not been with Arena for long.

Sorry to hear stress had to go on holidays
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Old 11th Apr 2007, 05:36
  #76 (permalink)  

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Not 'holidays'...Stress leave
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Old 11th Apr 2007, 06:45
  #77 (permalink)  
 
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kingtoad I think it was PZY your talking about. Not sure where it is now. Flew it once and the stall warning jammed on at about 200 feet on climbout. Result was one annoying short circuit!
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Old 11th Apr 2007, 08:02
  #78 (permalink)  
 
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There's been a bit of a change to the Arena site in the last day or two!
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Old 11th Apr 2007, 08:57
  #79 (permalink)  

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Looking at their website and AOC. According to the later they are not authorised to conduct charter operations in Cherokee 6, Baron, or PC12.
Unless the AOC has been recently revised and not yet posted on the CASA website.
Rather interesting. The person posting as Stressful One who manipulated the web page last week with a chat section, has the same first name as the person on the "contact us" section of the home page.
No wonder there was a deliberate attempt to derail the auction.

Last edited by Islander Jock; 11th Apr 2007 at 09:11.
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Old 11th Apr 2007, 12:27
  #80 (permalink)  
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Moving to Bankstown? Now that's interesting!

I wonder how the guys and gals in Sydney feel? I bet they're real concerned...
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