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AusJet Aviation / Australasian Jet in liquidation

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AusJet Aviation / Australasian Jet in liquidation

Old 19th Mar 2019, 00:36
  #101 (permalink)  
 
Join Date: Jun 2006
Location: Brisbane
Posts: 24
So who has picked up the fugro/survey work Ausjet were doing on their behalf?
Dnav31 is offline  
Old 8th May 2019, 04:09
  #102 (permalink)  
 
Join Date: May 2019
Location: australia
Posts: 3
If you have a read of the administrator's report from the first time Ausjet went into receivership, by PwC, you would see all the "uncommercial director transactions" and the like. This isn't a sad day for GA. This is a sad day for the employees who lost the 6 quarters of their unpaid superannuation and all their hard earned entitlements so the director could snort all the company money. This company had every chance to thrive in the GA space. If anything, it is a happy day because it shows us that completely incompetent and criminal directors will lose everything eventually, as they should. We should continue to hope this happens for any other crooks running companies in GA, for which I'm sure there are many.
nogoodtuesdays is offline  
Old 8th May 2019, 17:53
  #103 (permalink)  
 
Join Date: Apr 2007
Location: BackofBourke
Posts: 316
The company, and owner, are being much maligned here, unfortunately. The opportunity given to employees in the past was second to none, with type upgrades, endorsements, and the owner himself assisting pilots get to that dream airline job.

Let’s not forget all the good work done in the past, by a talented team of individuals.

Not all employees appreciated the opportunity granted to them, and some took advantage of the owner’s generosity. This contributed to the demise, and as stated here before, you know who you are.
tio540 is offline  
Old 8th May 2019, 21:42
  #104 (permalink)  
 
Join Date: Nov 2011
Location: Vietnam
Posts: 1,158
You think a few people who got upgrades and left soon after caused them to go broke? Really??
pilotchute is offline  
Old 8th May 2019, 23:17
  #105 (permalink)  
 
Join Date: May 2019
Location: australia
Posts: 3
Don’t mistake generosity for stupidity

Yes, there were definitely many contributions to the demise; director spending, unlawful transactions, going into business with other crooks, flying thousands of hours in SA that earned no money, weekends away and flights to holiday destinations for the director or his ‘friends’, giving away company cars to be written off etc etc. You could possibly say he was generous but you can definitely say he was stupid and he took more money for himself, and withheld more in legal entitlements from his employees, than any endorsement or leg up ever cost the company. Let’s just hope he doesn’t get a phoenix company up or go into business with anyone else.
nogoodtuesdays is offline  
Old 9th May 2019, 00:46
  #106 (permalink)  
 
Join Date: Jan 2010
Location: Cans
Posts: 100
Tio540 is living in the past. Nogoodtuesdays is much closer to being on the money for their recent history
hillbillybob is offline  
Old 9th May 2019, 04:43
  #107 (permalink)  
 
Join Date: Apr 2007
Location: BackofBourke
Posts: 316
"Living in tbe past".
There is no statute of limitations on integrity.
tio540 is offline  
Old 9th May 2019, 05:57
  #108 (permalink)  
 
Join Date: Oct 2017
Location: Tent
Posts: 294
Originally Posted by tio540 View Post
"Living in tbe past".
There is no statute of limitations on integrity.
Integrity is lost when a few lines are snorted (on the company money) while employee benefits go unpaid.

Brenton Tarrant probably had great integrity as a fitness trainer, now he is just another mass murderer.
Bend alot is online now  
Old 9th May 2019, 06:09
  #109 (permalink)  
 
Join Date: Sep 2018
Location: Melbourne
Posts: 309
Originally Posted by tio540 View Post
The company, and owner, are being much maligned here, unfortunately. The opportunity given to employees in the past was second to none, with type upgrades, endorsements, and the owner himself assisting pilots get to that dream airline job.

Let’s not forget all the good work done in the past, by a talented team of individuals.

Not all employees appreciated the opportunity granted to them, and some took advantage of the owner’s generosity. This contributed to the demise, and as stated here before, you know who you are.
3 key words applied here as you mentioned...……………"in the past".....we are talking about recent times,( the past was great I agree) but 'nogoodtuesdays is spot on in more recent times. Anyone who knew the Owners are well versed as to what really went on behind the scenes despite the past!
Still that's that, can't bring back the dead, move on, there will be more as time goes on in Australian GA:-(
machtuk is online now  
Old 9th May 2019, 06:36
  #110 (permalink)  
 
Join Date: May 2008
Location: Australia
Posts: 471
I hear Christmas parties on the bay were quite a hoot, who says it doesn’t snow in summer in Australia.
wishiwasupthere is offline  
Old 9th May 2019, 07:34
  #111 (permalink)  
 
Join Date: May 2019
Location: australia
Posts: 3
Originally Posted by tio540 View Post
"Living in tbe past".
There is no statute of limitations on integrity.
If there is an integrous bone in their body then they would have, at the very least, paid out the employee entitlements on wind up. Instead of selling everything off and hiding it in other entities. Pay up. Let that be the final act and then take a bow.
nogoodtuesdays is offline  
Old 12th May 2019, 07:54
  #112 (permalink)  
Thread Starter
 
Join Date: Mar 2018
Location: The Gutter
Posts: 3
It is a travesty the owner's henchman and their puppet of a chief pilot have escaped west without punishment to plunder someone else's fortune.
alwaysperu is offline  

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