Bankstown Airport Meter parking
Join Date: Dec 2000
Location: Sydney NSW Australia
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i have spent 3 days trying to secure a permanent spot at YSBK, being passed off to so many different department its not funny, i the end, the lady at property department just told me to park anywhere i want...... 
movement charge
BAL are now collecting data on movements to move to a movement charge on the airport rather than a day charge. or will it be on top of a day charge?
I really don't know but that could affect the flying schools a lot.
It does seem that they are frantically trying to get their cash flow improved as they seem to have reached a limit with their rental increases.
The question needs to be asked "how solvent are they?"
I really don't know but that could affect the flying schools a lot.
It does seem that they are frantically trying to get their cash flow improved as they seem to have reached a limit with their rental increases.
The question needs to be asked "how solvent are they?"
Join Date: Nov 2007
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Noticed some machinery on the link road on the way in today, so what's the story? Are the fixing it or just looking busy??
Join Date: Feb 2008
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All the machinery is for the works on RWY C.
Amazing how Tower/Link road was fine for so long, then as soon as the bus company moved onto the airport the road started to fall apart. I wonder how much money the bus company has put towards the repair costs for Tower/Link Road which they have destroyed.
Amazing how Tower/Link road was fine for so long, then as soon as the bus company moved onto the airport the road started to fall apart. I wonder how much money the bus company has put towards the repair costs for Tower/Link Road which they have destroyed.
Join Date: Jun 2008
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BAC Airports Pty Limited has two wholly owned subsidiaries:
Bankstown Airport Limited
Camden Airport Limited
BAC Airports Pty Ltd documents at ASIC:
ASIC Free Company Name Search
Bankstown Airport Limited:
ASIC Free Company Name Search
No mention here yet of any administration but it is a document they have to submit to ASIC in a reasonable timely manner.
Bankstown Airport Limited
Camden Airport Limited
BAC Airports Pty Ltd documents at ASIC:
ASIC Free Company Name Search
Bankstown Airport Limited:
ASIC Free Company Name Search
No mention here yet of any administration but it is a document they have to submit to ASIC in a reasonable timely manner.
Join Date: May 2009
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Tower Rd is never reopening in accordance with the BAL 2010 Masterplan on the BAL website - it will disappear under RWY C lengthening, and the deliberate division of the airport into southern and northern precincts. Expect the southern side tenants to be moved to the northern side, and the southern side to become non-aviation tenancies. There are the rental returns..... and the need to win their court action. The Rwy extension is there to accomodate the likes of the E-Jets to provide an increase in RPT traffic. It's all there in the public domain, straight from the BAL master plan.
Join Date: May 2007
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Join Date: May 2007
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And now it seems the chap who sold off the airports....
Mr Colin Grove will replace the company's current Chief Executive Officer, Mr Kim Ellis, who after 9 years, will be leaving the company in June 2010.
The Chairman and Board of BAC Airports have thanked Kim for his leadership and commitment to developing the company and the airports over the past nine years.
Colin has held various senior positions within the aviation industry over an 18 year time span. Up until 2008, Colin held the position of General Manager Property Development and Commercial Trading at the privatized Sydney Airport Corporation Ltd and was a member of Sydney Airports Executive Management Team. Prior to this, Colin was the National Manager Leasing for the Federal Airports Corporation with responsibility for leasing and property development at the Corporations original 20 Airports.
After leaving Sydney Airport, Colin has been engaged as an adviser to some of Australia’s largest property owners, transport operators and a number Government organizations, with a most recent appointment as the Director of Property Acquisitions and Commercial Redevelopment for the Sydney Metro Rail project.
Prior to his aviation career, Colin was employed in senior management roles at the then Richard Ellis Real Estate in Sydney and also for a number of major property developers.
Colin will commence his appointment on 15 June and will be assisted with his transition by Kim Ellis who will finish on Wednesday 30 June.
The Chairman and Board of BAC Airports have thanked Kim for his leadership and commitment to developing the company and the airports over the past nine years.
Colin has held various senior positions within the aviation industry over an 18 year time span. Up until 2008, Colin held the position of General Manager Property Development and Commercial Trading at the privatized Sydney Airport Corporation Ltd and was a member of Sydney Airports Executive Management Team. Prior to this, Colin was the National Manager Leasing for the Federal Airports Corporation with responsibility for leasing and property development at the Corporations original 20 Airports.
After leaving Sydney Airport, Colin has been engaged as an adviser to some of Australia’s largest property owners, transport operators and a number Government organizations, with a most recent appointment as the Director of Property Acquisitions and Commercial Redevelopment for the Sydney Metro Rail project.
Prior to his aviation career, Colin was employed in senior management roles at the then Richard Ellis Real Estate in Sydney and also for a number of major property developers.
Colin will commence his appointment on 15 June and will be assisted with his transition by Kim Ellis who will finish on Wednesday 30 June.
Schadenfreude, and all of that but it does raise an interesting implication.
If an AOC holder goes into administration CASA takes quite a dim view, and rightly so, of their ability to keep funds up to their safety requirements.
Will CASA then take action to observe or even withdraw their approval to operate an aerodrome?
To be evan handed in their operation it would seem that they must or this will be a precedent in the future when small companies are in difficulty.
Then the bag of worms is really opened and the Government must take some action over the debacle of the sale of all the airports.
If an AOC holder goes into administration CASA takes quite a dim view, and rightly so, of their ability to keep funds up to their safety requirements.
Will CASA then take action to observe or even withdraw their approval to operate an aerodrome?
To be evan handed in their operation it would seem that they must or this will be a precedent in the future when small companies are in difficulty.
Then the bag of worms is really opened and the Government must take some action over the debacle of the sale of all the airports.
Join Date: May 2010
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BAL and the PARK
I hear BAL is now in some financial trouble with liquidators called into a subsidiary.
Perhaps the CHEP proposal at the western end of the runways should be talked about and it's effect on wind on landing and takeoff, much less than physical infringement of the strips - height and splay. See the BAL web site for details and write to the Minister.
Perhaps the CHEP proposal at the western end of the runways should be talked about and it's effect on wind on landing and takeoff, much less than physical infringement of the strips - height and splay. See the BAL web site for details and write to the Minister.
Join Date: Dec 2003
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BAL faltering
How many noticed the small news item in the aviation section of Friday's Australian newspaper which read:
"There were few tears at Bankstown Airport this week after aviation tenants received news that a dispute had sparked the collapse of a $300 million Bankstown Airport Corporation development company. The collapse comes as Bankstown identities Ray Clamback and Aminta Hennessy have organised an event in support of flying training schools at the airport on June 20."
"There were few tears at Bankstown Airport this week after aviation tenants received news that a dispute had sparked the collapse of a $300 million Bankstown Airport Corporation development company. The collapse comes as Bankstown identities Ray Clamback and Aminta Hennessy have organised an event in support of flying training schools at the airport on June 20."
It seems that the investment company is DAVCO which is owned by some other companys.
I find it difficult to understand the relationships between them all and the full implications to the operations at BK.
If BAL are part owners of this company are they responsible for it's debts and when they refinance their operations will this have an effect on those willing to lend to them?
In other words is there a danger of them being insolvent as well and is the retirement of Mr Ellis a symptom of a sinking ship?
I find it difficult to understand the relationships between them all and the full implications to the operations at BK.
If BAL are part owners of this company are they responsible for it's debts and when they refinance their operations will this have an effect on those willing to lend to them?
In other words is there a danger of them being insolvent as well and is the retirement of Mr Ellis a symptom of a sinking ship?
Join Date: Sep 2004
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One of the early signs of an outfit in trouble is when they start asking for money earlier.
From Sydney Metro Airports (BAL) latest price changes
From Sydney Metro Airports (BAL) latest price changes
... the term for accounts will be come 21 days effective the July 2010 accounts ...
Join Date: Jun 2008
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In general, shareholders of a company are not responsible for its debts.
However, if the company trades whilst being insolvent then the directors of the company are liable for paying creditors accounts, ATO for PAYG and GST taxes.
If the company is a subsidiary of a holding company, then the parent holding company is liable for the debts if it didn't prevent the subsidiary trading whilst insolvent.
However, if the company trades whilst being insolvent then the directors of the company are liable for paying creditors accounts, ATO for PAYG and GST taxes.
If the company is a subsidiary of a holding company, then the parent holding company is liable for the debts if it didn't prevent the subsidiary trading whilst insolvent.
Thanks Fokkerinyour12 for that explanation.
I wouldnt think that they traded whilst insolvent though somewhere it was quoted that they had debts of 50 odd million to eliminate.
However I would guess that most of these companies would have borrowed a lot to set themselves up so I guess when the next round of refinancing occurs then there may be a crunch depending on the overall financial situation.
My speculation is that anyone providing goods and services to BAL should really keep this all in mind.
I wouldnt think that they traded whilst insolvent though somewhere it was quoted that they had debts of 50 odd million to eliminate.
However I would guess that most of these companies would have borrowed a lot to set themselves up so I guess when the next round of refinancing occurs then there may be a crunch depending on the overall financial situation.
My speculation is that anyone providing goods and services to BAL should really keep this all in mind.
