Go Back  PPRuNe Forums > PPRuNe Worldwide > The Pacific: General Aviation & Questions
Reload this Page >

Opportunity with start-up in Hawaii - NZ company

Wikiposts
Search
The Pacific: General Aviation & Questions The place for students, instructors and charter guys in Oz, NZ and the rest of Oceania.

Opportunity with start-up in Hawaii - NZ company

Thread Tools
 
Search this Thread
 
Old 31st Jan 2010, 00:38
  #101 (permalink)  
 
Join Date: Mar 2000
Location: All over the show like a madwomans crap
Posts: 494
Received 0 Likes on 0 Posts
Thumbs down

eeper, congratulations, youve managed to post something that contributes absolutely nothing, whilst at the same time making no sense at all....well done Id mention in passing that Aussies aren't against crossing the ditch for work when it suits either.

To those offered work, can you tell me why they require the money up front? I'm concerned at that, the normal practice of bonding usually is no money unless you dont fulfull your contractual obligations....beware, however I do hope its a break for some of you.
NoseGear is offline  
Old 31st Jan 2010, 03:06
  #102 (permalink)  
 
Join Date: Oct 2008
Location: New Zealand
Posts: 5
Likes: 0
Received 0 Likes on 0 Posts
cheers

Thanks a lot mate
I hope it all works out..

I'll keep you posted

cheers
stan_02325 is offline  
Old 31st Jan 2010, 03:06
  #103 (permalink)  
 
Join Date: Sep 2006
Location: Australia
Posts: 143
Likes: 0
Received 0 Likes on 0 Posts
The more information that gets posted on here, the more things do not add up. There appears to be a number of inconsistencies.

Jezza - This seems to be at odds with previous information on the letter MT has issued to potential applicants that Bond will be refunded if you start with a CPL MECIR.

Is this guy making it up as he goes along?

Wonder how many offers he has made? I just hope that he does not make 50 offers and runs off into the sunset a millionaire!!!

He seems to be conducting a ****load of interviews!!
biggles7374 is offline  
Old 31st Jan 2010, 09:06
  #104 (permalink)  
 
Join Date: Jan 2010
Location: Auckland
Posts: 11
Likes: 0
Received 0 Likes on 0 Posts
I know of someone who has declined the offer as well.

I would be checking the registration of the aircraft its secured against (what else is secured against it?), a certified copy of the ownership papers...
pilot_chicky is offline  
Old 31st Jan 2010, 09:31
  #105 (permalink)  
 
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes on 0 Posts
eeper23

Ahhh well, the less kiwis in Aus stealing the hours from Aussie pilots who actually had to pay for it, the better.
Funny how Aussies are the first to head off to pommyland to steal the hours of hardworking Brits when it suits them... hypocrites one and all.

JezzaNZ

The bond is secured against the aircraft so there's recourse to get the money back if things go sour.
Depends on the value of the aircraft, and the number of bonds... could well be that there isn't enough equity in the aircraft to pay the bonds back. And are the aircraft actually owned, or leased?
remoak is offline  
Old 31st Jan 2010, 09:31
  #106 (permalink)  
 
Join Date: Sep 2006
Location: Australia
Posts: 143
Likes: 0
Received 0 Likes on 0 Posts
I have to admit I was unsure whether this was a genuine opportunity or not, but I have to say, the more information that is emerging the more questions I have rather than answers.

Obtaining more information is suppose to provide re-assurance rather than creating further doubt as is the case here.

From a bond lodged with a third party lawyer to a source of finance to use to fund the business start-up - oh I forgot this is secured against an aircraft that it appears he does not own yet cause he cannot give anyone the rego. What did the advert say - "owner of 2 pa31" LIE No 1

Why not just give you a share of the company and a place on the board?

Also, if the company goes bust do you think that the bank is not going to impound the main business asset (the aircraft) because there are bonds that are secured on it? It is unlikely that your bond will even be listed as a charge on the ownership of the aircraft. You will be treated as a creditor and will get nothing back.

Also, what is stopping the use of the aircraft as collateral for further borrowing once all the bonds have been lodged?

WHOOP WHOOP!! MASTER CAUTION!!

Sorry I cannot be more optomistic at this point.

Last edited by biggles7374; 31st Jan 2010 at 10:34.
biggles7374 is offline  
Old 31st Jan 2010, 11:47
  #107 (permalink)  
 
Join Date: May 2009
Location: broome
Age: 44
Posts: 36
Likes: 0
Received 0 Likes on 0 Posts
For all the haters. Your missing the point. Aussies stealing jobs actually had to pay for their flying training. Kiwis stealing jobs in Australia, had their flying training paid for by the government.

So the poor young aussie student working his ass off for a full-time job, or having a $70k debt, has to go up against some kiwi whos had all their flying training given to them on a platter.

Go figure. Homos.
eeper23 is offline  
Old 31st Jan 2010, 14:16
  #108 (permalink)  
 
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes on 0 Posts
eeper23

You, sir, are an idiot. NZ pilots do not have their training paid for by the government; it is a LOAN. They have to pay it back...

Any Aussie can do the same thing by going to the bank and getting a loan as well, which I am sure some do.
remoak is offline  
Old 31st Jan 2010, 18:38
  #109 (permalink)  
 
Join Date: Apr 2009
Location: New Zealand
Age: 37
Posts: 247
Likes: 0
Received 0 Likes on 0 Posts
*squawks 7500*

eeper, please don't get this thread closed by being an idiot. If you have problems with the NZ loan system (and the large number of maybe-never-to-be-employed pilots it produces ) then start a new thread. This one is too interesting to get hijacked.

Last edited by Aerozepplin; 31st Jan 2010 at 20:34.
Aerozepplin is offline  
Old 31st Jan 2010, 23:30
  #110 (permalink)  
 
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes on 0 Posts
Well even if you do (and I'd be surprised), not paying back your student loan results in pretty much the same actions as if you took out a loan from an Aussie bank and refused to pay it back. You think the NZ government just rolls over and says goodbye to the money? They help out with various deferment options etc, but students are still liable for the debt they incur. The people you know may like to think they have got away with it, but when they return to NZ, reality will catch up to them.

So, good old Australian xenophobia aside, how is the loan playing field not level exactly?

However, you are right that aviation itself isn't a level playing field. The sight of pilots crawling over each other to get a job is hardly inspiring...
remoak is offline  
Old 31st Jan 2010, 23:46
  #111 (permalink)  
 
Join Date: Nov 2008
Location: The Shire
Posts: 2,890
Likes: 0
Received 1 Like on 1 Post
So, good old Australian xenophobia aside, how is the loan playing field not level exactly?

However, you are right that aviation itself isn't a level playing field. The sight of pilots crawling over each other to get a job is hardly inspiring...
Try being 18 in Australia and getting a hundred thousand dollar personal loan. Not going to happen. I doubt they will even lend it to me. Almost got declined trying to buy a 30,000 friggen car due to past tax returns, and the amount of times I have moved in the past 5 years (18 residences)

In NZ it's very easy to get a student loan from the government. I know many pilots who will not be returning home so they do not have to pay it. Besides they also know life is better across the ditch on the mainland. That is why 10% of the New Zealand population live here (400,000 I believe) And countless others are on fly in fly out arrangements in the Pilbara working the mines. Australia is the number two best place to live in the world with Norway being number one.

IMO if you need to spend 80k on flight training, 20k to get a job on a piston twin, more than likely 30k for a type endorsement, when will it end? At some stage you need to earn a decent wage and cover what you have laid out.

I'd steer clear of this. Sounds like another dodgy kiwi with short arms and deep pockets.........

Spend your student loan money on ICUS in Tasmania.
The Green Goblin is offline  
Old 1st Feb 2010, 00:21
  #112 (permalink)  
 
Join Date: Jun 2004
Location: Surrounding the localizer
Posts: 2,200
Likes: 0
Received 2 Likes on 1 Post
CITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITY JETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETC ITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJ ETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCI TYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJETCITYJE TCITYJETCITYJETCITYJETCITYJET

Is all that this reminds me of

And all of you too young or foolish...go and do a bit of research
haughtney1 is offline  
Old 1st Feb 2010, 01:12
  #113 (permalink)  
 
Join Date: Apr 2009
Location: New Zealand
Age: 37
Posts: 247
Likes: 0
Received 0 Likes on 0 Posts
CITYJET
I belive the figure of $20,000 rings a bell in regards to them...
Aerozepplin is offline  
Old 1st Feb 2010, 01:53
  #114 (permalink)  
 
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes on 0 Posts
Yeah I would have to say that putting up a bond that is secured against the aircraft is utter foolishness... because if/when the company goes broke... guess who will be last in line...
remoak is offline  
Old 1st Feb 2010, 02:03
  #115 (permalink)  
 
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes on 0 Posts
I know many pilots who will not be returning home so they do not have to pay it.
If it goes through the courts, being in Oz won't protect you. Oz and NZ have a multitude of bilateral agreements, and one of them allows allows action through the oz court system for defaulters and other miscreants.

And just because they aren't returning doesn't mean they don't have to pay their loan back... unless of course they are so morally bankrupt as to think that the principle of paying your debts doesn't apply them to them. Nice friends you have there, I'd watch my back if I were you.

Besides they also know life is better across the ditch on the mainland. That is why 10% of the New Zealand population live here
Ah, the arrogance. The other 90% know that, in fact, life is NOT better across the ditch, just different. It's basically just a big desert with green bits around the edges, full of things that want to kill and eat you. Spent a bit of time in Oz, always glad when the wheels touch good ole Aotearoa...

IMO if you need to spend 80k on flight training, 20k to get a job on a piston twin, more than likely 30k for a type endorsement, when will it end? At some stage you need to earn a decent wage and cover what you have laid out.
Or you could move to more enlightened parts of the world, where the apprentice mentality doesn't exist...

After 20 years of airline flying, I'm proud to be able to say that I have never paid a bean to secure a job, never paid for a type rating, and never stooped to prostituting myself to try and get a gig. That sort of crap is an Oz/NZ thing...
remoak is offline  
Old 1st Feb 2010, 02:11
  #116 (permalink)  
 
Join Date: Oct 2003
Location: Your Grandma's house
Age: 40
Posts: 1,387
Received 8 Likes on 2 Posts
Pray tell remoak, where are these 'enlightened' parts of the world.

Also, if you ever open a bank, let me know.

j3
j3pipercub is offline  
Old 1st Feb 2010, 02:22
  #117 (permalink)  
 
Join Date: Nov 2008
Location: The Shire
Posts: 2,890
Likes: 0
Received 1 Like on 1 Post
Pray tell remoak, where are these 'enlightened' parts of the world.

Also, if you ever open a bank, let me know.

j3
Yes I'm waiting too

With the right for me to live and work in 3 other regions I'd be very interested!

In terms of pay, conditions and stability in your employment I think we have it pretty good in Australia which is why we are still here!

80k to drive a Metro in Australia and 28k as an A320 FO in the US, I know where I'd rather be!
The Green Goblin is offline  
Old 1st Feb 2010, 02:27
  #118 (permalink)  
 
Join Date: Jun 2004
Location: Surrounding the localizer
Posts: 2,200
Likes: 0
Received 2 Likes on 1 Post
How about 15000.00 USD per month to fly a Bizjet based 3 hours from Perth
It will look even better when the US Peso inflates this year....

Pity I dont have the job though, nor can I fly the Texas lawn dart
haughtney1 is offline  
Old 1st Feb 2010, 02:54
  #119 (permalink)  
 
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes on 0 Posts
Try most of the EU.

Last job I had there paid me AU$14,500 a month, so around AU$174,000 pa. 100 seat jet.

How about turboprop F/O at 700 hours, turboprop skipper at 1800 hours, first jet (and a direct entry command) at 4000 hours? All of which took just 4.5 years? Try doing that in Oz. And I wasn't unusual, plenty of people in Europe with 767 commands on less than 5000 hours.

Australia has (comparatively) low rates of pay, poor conditions, and very slow progression, which is why most ozmates with the ability to do so, leave and go anywhere but Oz. Cathay, all the Mid-East airlines, Royal Brunei, half the Asian airlines, Easyjet in the UK, all infested with hundreds of Aussies.

But that's OK, keep those rose-tinted speccies on your nose and enjoy whatever it is Oz has to offer... let me see... 5000 hours of instructing before you have any chance of seeing a dilapidated 30 year old Aztec... another 5000 hours banging round in said Aztec before you have any chance of a regional job in a... wait for it... Dash 8 or similar... another 5-10 years to get a command in said commuter plane... then - if you are lucky - right seat of a jet where you will sit for another ten years before getting a command... assuming the next recession hasn't hit by then, in which case it's back to the Aztec...
remoak is offline  
Old 1st Feb 2010, 03:21
  #120 (permalink)  
 
Join Date: Oct 2003
Location: Your Grandma's house
Age: 40
Posts: 1,387
Received 8 Likes on 2 Posts
Settle down there, my question was a valid one!

Europe is great if you have the right to work there...and did you pay for the turbo-prop endo? And how did you get that first 700 hours?

j3
j3pipercub is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.