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European Flyers at Blackbushe have gone bust

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European Flyers at Blackbushe have gone bust

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Old 8th Oct 2001, 16:44
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....all very worrying and sad, especially for former staff and those who will now be creditors.

Finished my PPL there back in '94 and have some happy memories of my membership there until '96 (leaky terrapins and all!!) - had some good instructors in those days aswell.

EF had a great social side at that time aswell, a lot of it down to the many owner-pilots at EGLK who were and probably still would be members if the Club had survived.

Anybody else here taught/examined by Vic Hargreaves in those days?....a fine Gent.
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Old 9th Oct 2001, 22:36
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Arrow

Anyone interested in keeping their instructor from EF at a new school please send me a message. A couple of us are going to be working freelance at White Waltham with our existing students. Please drop me a line if you would like to know more.
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Old 10th Oct 2001, 11:57
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Just sent you a private message.
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Old 10th Oct 2001, 23:58
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It appears European Flyers owns both GSONY, the A200D, and GDAKK, the DC3. This may explain why the company is in financial difficulties. All their aircraft are supposedly for sale at Anglo in Bournemouth. Before anybody gets too excited there are 16 mortgages on their 10 planes, plus 6 memorandum of variations (increased mortgages?) and 1 mortgage debenture. The last set of accounts (1999) shows £217,000 debt and £139,000 creditors. How many Euroshare memebers does that creditor number imply?

I suggest any creditors get their claims in quickly.
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Old 11th Oct 2001, 01:02
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Cruise, PM from myself also
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Old 11th Oct 2001, 09:47
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Wonder if British Car Auctions are badly out of pocket on this one as well. Does BCA control the fueling station at EGLK too?
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Old 11th Oct 2001, 13:23
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Cruise alt, you do realize that "freelancing" is illegal under JAR.

you must operate under the auspices of an FTO or RF to remain legal.

Best of luck, fly legal,fly safe.
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Old 11th Oct 2001, 15:33
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Thanks for the advice Purple. By freelance I meant that we were not under a retainer but on the books legally.
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Old 12th Oct 2001, 23:23
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Angry

If Ian or any of the other FI's are out there please send me a private message with a contact no.

If any Euroshare members are also interested in a class action against European Fly-by-Night then also please send me a pm with a contact no.

Best regards to all ex EF members
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Old 13th Oct 2001, 22:55
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Is Ian still at EF? I know he was job hunting awhile ago. I hope he got in somewhere b4 11/9.
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Old 13th Oct 2001, 23:47
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G- DESK Which instructor do you want? I will pass them the message.
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Old 14th Oct 2001, 12:13
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Yeah what a disaster..who next???.
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Old 19th Oct 2001, 04:41
  #33 (permalink)  
baronvonmildred
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Cruise alt
Your mobile isn't working! Where are you!
The latest on EF is they are in liquidation. The address is Pannell Kerr Foster, New Garden House, 78 Hatton Gardens, LONDON EC1N 8JA
 
Old 19th Oct 2001, 18:28
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A great shame .. good luck to all
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