Is Cabair going to stay alive?
With Administrators appointed...
ng me off FOUR REDS.Are not REDS Communists!!!!!
So long guys!
Get the facts....there are no appointed administrators.
I know far more than you do.........
To those students of Cabair who haven't lost everything, walk away with your money and put it under your mattress. I wouldn't even trust a bank with it, let alone a failed FTO.
Sit the winter out and see how the economy sits in the spring. Things are going to get rough. Theres no point in training CPL ME IR MCC at the moment. Maybe ATPL theory, but distance learning. No point in rushing to get a licence now.
Sometimes it's hard to accept the facts.
Before anyone says it I'm not being negative, just realistic.
S88
Sit the winter out and see how the economy sits in the spring. Things are going to get rough. Theres no point in training CPL ME IR MCC at the moment. Maybe ATPL theory, but distance learning. No point in rushing to get a licence now.
Sometimes it's hard to accept the facts.
Before anyone says it I'm not being negative, just realistic.
S88
Join Date: May 2001
Posts: 10,815
Likes: 0
Received 0 Likes
on
0 Posts
To be fair to the poster Lightning he is correct and the search does come up with a load of hits.
Maybe a phone call to the number would be in order. Wouldn't be the first time that someone who thought they were in the know was shafted as part of the grand plan of certain people.
Maybe a phone call to the number would be in order. Wouldn't be the first time that someone who thought they were in the know was shafted as part of the grand plan of certain people.
Join Date: Dec 2009
Location: Neither here nor there
Posts: 59
Likes: 0
Received 0 Likes
on
0 Posts
Don't be so silly and gullible you stupid person!!!!
Join Date: Apr 2000
Location: UK
Posts: 342
Likes: 0
Received 0 Likes
on
0 Posts
Begbies Traynor
Everyone please look up what this company does - they are professional liquidators & administrators of insolvency.
Now in 2003 I worked for a company in Shoreham that went in to voluntary liquidation, they owed me about £1500 in wages, guess how much I got after the administrators -Begbies Traynor - took their very, very, very expensive fees? Square root of BA!
Now in 2003 I worked for a company in Shoreham that went in to voluntary liquidation, they owed me about £1500 in wages, guess how much I got after the administrators -Begbies Traynor - took their very, very, very expensive fees? Square root of BA!
Join Date: Apr 2000
Location: UK
Posts: 342
Likes: 0
Received 0 Likes
on
0 Posts
A Fairy tale or smart moves Businessman style
1. So I have company that is in the Sh1t. I sell it with a good order book and hide the fact that the VAT account is not actually an asset (someone very near to EGTK pulled this stunt in around 1998)
2. Next is that the poor gullible buggers who bought it find out is worth the square root of BA – & bring back the con artist who sold it to you and ask him to get your money back (give him carte blanche with an enormous bonus if he succeeds) – well in this case he did and he did do very nicely out of it.
3. Or you could do this – get it put into “voluntary Liquidation” and then the original owners make a private, non market related deal with the administrators (who they already recommended to the previous mugs) to buy the whole thing for a song (yes this is what happened at Bournemouth a few years back).
4. You get your company and assets and business back with all the attendant benefits back at the expense of the Staff & Clients
5. Back in business again – nothing lost (except the poor b*gg*rs who invested/paid up front) same old nice company cars and exec perks and your entire personal savings safe in your Jersey/lsle of man property/bank account.
Wow – and now I know what they mean by the term “businessman” no wonder pilots get shafted, they don't understand "aviation business"
2. Next is that the poor gullible buggers who bought it find out is worth the square root of BA – & bring back the con artist who sold it to you and ask him to get your money back (give him carte blanche with an enormous bonus if he succeeds) – well in this case he did and he did do very nicely out of it.
3. Or you could do this – get it put into “voluntary Liquidation” and then the original owners make a private, non market related deal with the administrators (who they already recommended to the previous mugs) to buy the whole thing for a song (yes this is what happened at Bournemouth a few years back).
4. You get your company and assets and business back with all the attendant benefits back at the expense of the Staff & Clients
5. Back in business again – nothing lost (except the poor b*gg*rs who invested/paid up front) same old nice company cars and exec perks and your entire personal savings safe in your Jersey/lsle of man property/bank account.
Wow – and now I know what they mean by the term “businessman” no wonder pilots get shafted, they don't understand "aviation business"
Join Date: Sep 2011
Location: Los Angeles
Posts: 370
Likes: 0
Received 0 Likes
on
0 Posts
I don't know what your problem is, but please refrain from the insults, else I will report your offensive posts to the moderator.
This thread is becoming too high maintenance. If it continues folk will be banned and the thread closed.
Join Date: Sep 2011
Location: Los Angeles
Posts: 370
Likes: 0
Received 0 Likes
on
0 Posts
chrisaviator
The thread will remain open for the time being and folk who make personal comments against other posters - in breach of the T&C's that were agreed to on signing up will be "sin binned"
and just to clarify - NO factual posts have been deleted from Pages 5-7 of this thread by any Mod.
The email to which you refer was later removed by the individual who posted it - presumably having reconsidered that an email between 2 parties was private.
The thread will remain open for the time being and folk who make personal comments against other posters - in breach of the T&C's that were agreed to on signing up will be "sin binned"
and just to clarify - NO factual posts have been deleted from Pages 5-7 of this thread by any Mod.
The email to which you refer was later removed by the individual who posted it - presumably having reconsidered that an email between 2 parties was private.
Join Date: May 2003
Location: uk
Posts: 713
Likes: 0
Received 0 Likes
on
0 Posts
It seems fairly clear that Cabair is in administration despite the outburst indicating other.
Publication Date: Tuesday, 1 November 2011
Notice Code: 2410
Appointment of Administrators
In the High Court of Justice No 9121 of 2011
CABAIR INTERNATIONAL AVIATION LIMITED
(Company Number 07464761)
Nature of Business: Others - Not Reported.
Registered Office of Company: Cabair Building, 1 Cranfield Airfield, Wharley End, Cranfield, Bedford.
Principal Trading Address: Cabair Building, 1 Cranfield Airfield, Wharley End, Cranfield, Bedford
Date of Appointment: 20 October 2011.
Joint Administrators' Names and Address: Nigel Geoffrey Atkinson and Mark Robert Fry (IP Nos 001502 and 008588), both of Begbies Traynor (Central) LLP, 32 Cornhill, London EC3V 3BT Further details contact: Natasha Manyande, Tel: 020 7398 3729.
Publication Date: Tuesday, 1 November 2011
Notice Code: 2410
Appointment of Administrators
In the High Court of Justice No 9121 of 2011
CABAIR INTERNATIONAL AVIATION LIMITED
(Company Number 07464761)
Nature of Business: Others - Not Reported.
Registered Office of Company: Cabair Building, 1 Cranfield Airfield, Wharley End, Cranfield, Bedford.
Principal Trading Address: Cabair Building, 1 Cranfield Airfield, Wharley End, Cranfield, Bedford
Date of Appointment: 20 October 2011.
Joint Administrators' Names and Address: Nigel Geoffrey Atkinson and Mark Robert Fry (IP Nos 001502 and 008588), both of Begbies Traynor (Central) LLP, 32 Cornhill, London EC3V 3BT Further details contact: Natasha Manyande, Tel: 020 7398 3729.
It seems fairly clear that Cabair is in administration
This is not to say that there will not be a knock-on effect in the future or that other companies in the group will not follow CIA into administration. However, unless one is familiar with the structure and interdependence of the various companies, it is probably best not to make sweeping statements on the future of Cabair lest one makes oneself look a bigger pratt than one already has.
Moderator
Join Date: Oct 2004
Location: England
Posts: 2,519
Likes: 0
Received 0 Likes
on
0 Posts
This thread is now closed.
This thread appears to have run its course now. The topic has been rather overtaken by events with the appointment of Administrators to Cabair International Aviation Ltd.
The actions hereafter will be closely followed by all those associated with Cabair - not just past employees and students; it is especially worrying for those with financial involvement and there is no requirement for crass comments at this time.
The deletion of posts and bickering among some posters has reduced the 'readability' of the thread dramatically and I have decided to close it.
I have started a new thread for those with interests in the future but it will be closely monitored / moderated to prevent the trolls and sciolists trying to detract from it.
HWB
The actions hereafter will be closely followed by all those associated with Cabair - not just past employees and students; it is especially worrying for those with financial involvement and there is no requirement for crass comments at this time.
The deletion of posts and bickering among some posters has reduced the 'readability' of the thread dramatically and I have decided to close it.
I have started a new thread for those with interests in the future but it will be closely monitored / moderated to prevent the trolls and sciolists trying to detract from it.
HWB
