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Is Cabair going to stay alive?

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Old 2nd Oct 2011, 07:38
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Yes - Plane Talking ltd is a separate limited company, so it should be fine. All depends where the debts are of course.
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Old 2nd Oct 2011, 07:59
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Originally Posted by madlandrover
Yes - Plane Talking ltd is a separate limited company, so it should be fine. All depends where the debts are of course.
Except that who wants the aeroplanes? I'm sure they were bought specifically for lease to Cabair - with the demise of Cabair a lot of those aeroplanes will be sold because there is highly unlikely to be enough takers for them.

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Old 2nd Oct 2011, 09:11
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with the demise of Cabair a lot of those aeroplanes will be sold because there is highly unlikely to be enough takers for them.
Until that new, dynamic, shiny beacon of hope Cabaire appears on the horizon to save the would from the impending pilot shortage... At the same facilities, no doubt.

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Old 2nd Oct 2011, 18:05
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Absolutely. Just because one of the "umbrella" companies seems to be in trouble - and let's be clear on this, there's no absolute statement, it's unlikely but just possible that the owners have called a halt to everything while still solvent to stop losing money - doesn't mean that the whole group have gone down the pan. It would be legal for another company to start a network of flying schools under a trading name... Been there, seen it, except none of us were invited back for jobs/pay/lost pay! There is a lot to be said in the FTO world for setting up a small but good FTO that can concentrate on quality without massive company politics.
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Old 2nd Oct 2011, 20:59
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Surely though, whether Cabair survives, or reinvents itself, the business is still terminally tainted. Which sane wannabe would ever hand over tens of thousands to them now?
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Old 2nd Oct 2011, 22:18
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Which sane wannabe would ever hand over tens of thousands to them now?
I can understand why you say this, but anyone can be taken in by a slick talking salesman who gives the plausible 'we're not run by the same people - look at our board - no familiar names' etc. bull****.

I am not a cynic, but I look over that precipice and see the carnage below. Bear in mind why the leasing company is a separate entity; a cynic devised this strategy as a very good way of having the legal prerogative outweigh the moral imperative. Characters who think this way rarely change the failed business model and generally fail again - for the same reasons.

If the rumours are true, then how sad if they were to use the umbrella principle.

If I ruled the world...
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Old 3rd Oct 2011, 06:06
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Teddy Robinson is the one who will not be taken seriously in the future.
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Old 3rd Oct 2011, 14:01
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Tainted

I think the issue of being 'tainted' here is fundamental to the survival or otherwise of Cabair.
A friend of mine looked into doing the ab initio at Cabair recently and the sales team at Cabair told him how great the prospects for low hours pilots were. When he told me this I put him in touch with people in the 'real world' and he quickly learned how difficult it is out there for a low hours CPL/ATPL.
Of course now that the question mark over their solvency has surfaced he will be going elsewhere, irrespective of the outcome of their apparently futile quest for investors/buyers.
It is a fact they are tainted and anybody with an ounce of caution would steer clear.
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Old 3rd Oct 2011, 22:10
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Well, there is still a very tiny light at the end of the Cabair tunnel and it may be that all is not lost. Having flown on Friday, I was also able to fly again today.
This is good news for us chaps with money in our flight accounts and I must say that the staff are being very supportive considering everything that is going on.
This is one of the best parts of Cabair, its staff and especially the CFI who keeps me amused despite all the down talk. To all the guys tied up with Cabair, I have got my fingers crossed for a positive outcome.
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Old 4th Oct 2011, 10:41
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Why, for example, don't the CAA make it a basic requirement that an FTO must actually own some aircraft ? They insist on premises, training manuals and a quality manual.
That's a big ask - the CAA to actually do something useful (like regulate?)for the monies they extract?
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Old 4th Oct 2011, 11:22
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Why, for example, don't the CAA make it a basic requirement that an FTO must actually own some aircraft ?
If airlines don't need to own their own aircraft why should FTO's?
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Old 4th Oct 2011, 11:48
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If airlines don't need to own their own aircraft why should FTO's?
I agree, but by how much is a passenger inconvenienced if the airline goes bust? By how much is a student inconvenienced if the FTO goes bust? Consider the financial, pyschological and relationship effects.

Greater brains than mine, I am sure, have stormed this one. The only solution I can arrive at is escrow. This will put up the price of training, but maybe training is too cheap (heresy?) anyway? All of these FTOs work on such small margins it is no wonder some go belly up. Administering the escrow could be where the CAA becomes useful on this issue...
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Old 4th Oct 2011, 19:05
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The previous poster is correct and I wholeheartedly agree but it can be difficult to do anything other than pay up front if those are the terms of the training to be undertaken.

Upfront payment is not the preserve of flight training and neither is insolvency, but what this industry lacks, and this is something which staggers me, is a proper system of guarantee for consumers regularly parting with sums in excess of £50k. Anywhere else you'd get solicitors involved for these sums.

This is where the CAA need to step up to the plate a bit. They need to take responsibility not just in the interests of the flying public but for all those who wish to undertake study or tuition to a CAA (JAA) approved/vetted sylllabus.

The CAA are no strangers to consumer guarantee with ATOL so why don't they provide a similar system to training pilots who are parting with many many times that which your typical sunseekers are? It CAN be done!

On a brighter note, i've been around a bit in this funny old business of aviation and I''ve learned a few things. Anyone decrepit enough to remeber SECOAT at Manston? There are positives too but we only get to hear of the bad cases. Cabair is a brand in it's own right in my opinion, alongside Oxford, say. Cabair and its constituent parts can pull through. The surmised numbers involved aren't phenomenal. This is do'able and I hope that all you guys training with them keep focussed on the goal. Keep your chins up and fingers crossed!!!

And to the the prophet of doom who said this:

IF it indeed turns out to be the case that Cabair has stopped operating, may I offer my sincere condolances to the staff and the students.

It must be a very difficult time for you all and I hope a happy ending is just around the corner.

However.......have a think. One of the UK's biggest and long standing flight school is having problems....and what does that tell you.

LH are trying to sell off bmi, who knows if they will survive. It does not look good for them.

TCX are reducing fleet size and the IT market is in decline.

Air Berlin are reducing there fleet.

Europe and the United States rocking on the precipce of recession or much worse. A planned forfit by the Greeks is begining to look a certanty.

In my humble opinion, dont spend another penny on flight training. There will not be any jobs..


Credit there to "waco". This is despondency at its British best. This industry is riddled with its failed pilots, dashed hopes and missed dreams but let me put you right on something and I hope this makes you feel better. THERE ARE JOBS OUT THERE! Go after them. If you want something bad enough you'll get it. Focus on your goal and don't get sidelined worrying about a job market you have no control over. If it truly worries you that much you can fight for a job in civy street over flying a desk!
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Old 5th Oct 2011, 18:16
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Hi StatorVane

I would be particularly happy for you to prove me wrong.

Could you give me some examples of airlines/operators who have very recently recruited or will recruit shortly.

Obviously NOT including CTC related positions or P2F ?

Looking forward to hearing from you.
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Old 5th Oct 2011, 18:24
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BA?


.
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Old 5th Oct 2011, 19:33
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sorry I should have been more specific, other than CTC / P2F or the current BA recruitment which I believe in the main for people without licences.
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Old 5th Oct 2011, 21:46
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I'm only thinking of doing my PPL, but I have to say escrow seems to me to be a very good idea - I would actually pay a significant premium for it, though obviously it would still have to work out better than the PAYG price.
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Old 5th Oct 2011, 22:15
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obviously it would still have to work out better than the PAYG price
Therein lies the rub - you will be paying for peace of mind - therefore it will be more expensive.
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Old 5th Oct 2011, 22:46
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You have all been screwed just need to understand it and take it on the chin!!
Reality is you will not get back any money (I never have) and it's all about how you will get to where you want to be.......how múch do you really want it???
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Old 5th Oct 2011, 22:58
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Tweety pie? Seriously? Why will we not get our money back to students on the course? The outcome looks bright for cabair and at the end of this it could benefit all students! Do not comment with your pathetic comments unless you know the facts! Stick to flight sim!
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