Cabair Gone Bust?
 

Hi Everyone,

I have heard a RUMOUR that Cabair have gone under this week! Can anyone shed any more light on this? Apparently a couple of guys tried to hire an aircraft at Biggin Hill but were told that the company had gone bust and therefore they couldn't take the aircraft.

I'm not sure whether it's just one site shutting down or whether it's all made up and people are scaremongering; either way, if anyone knows anything, please tell all!

I have heard it from two independent sources who both said that they were told yesterday.

(Previous two posts were not here when I posted this, apologies for the repetition!)

The Cabair London School of Flying in Elstree did shut abruptly yesterday. I was the last student to land. When I took off, the school was supposed to close by the end of october, and when I landed it was done. The AFISO had me taxi straight to maintenance hangar. I left with my student file under my arm.

I understand that the immediate closure might not be limited to PPL schools, i.e a larger part (all???) of Cabair might have stopped too. TBC. Any word from commercial students?

I'm somehow lucky I had just a very few flying hours left on my "PPL package" and that I was done with exams, as I'm not really betting on seeing my money again. We had learnt recently that Cabair PPL schools would stop, and I was joking that I would never do my CPL with them (if I ever do it, that is); sounds like I might not even have a choice in the matter anymore... :oh:

I think all of the flying schools are closing as they are focusing on commercial training. Haven't heard anything about them going under though

Cabair Closed.......or "Restructuring!!"
 

Cabair is Closed; students being sent home from the USA, schools in the UK all closed and lots of people owed lots of money!!!

Cabair claim to be restructuring.....all they need is £1.8....any takers???

It's a shame for all the good people who are now out of work and the students who have lost money! History always seems to repeat itself......unfortunately.

The receiver apparently is being appointed..........watch this space!:ugh::ugh::ugh::ugh:

New school opening in the old Cabair building at Elstree.

Thought they had just announced some kind of scheme with Flybe. Does this mean some people may have just outlaid rather large sums of cash?

Unfortunately one of the biggest flight schools in the UK have gone broke!!!

I wonder how a company that has been trading for years through all the other badtimes has now gone bust as the industry begins to pick up.

It seems the current management have taken there bonuses and run leaving all the students out of pocket!!!!

This industry has its share of gangsters and now Cabair!! join the ranks !!!!

Who will repay al those students who thought they were going to a reputable company the thousands owed!! At the current rate of a Intergrated course costing anywhere between 55 and 65k GBP depending on how hard you were willing to barter!!!

Well I hope that those that have taken the money can sleep easy on the big fluffy pillows stashed full of pound notes and us dollars!!!!!


:=

Lesson to be learned by all wannabes never pay up front but as you go along no matter what crap they give you in discount when they end up stealing all you parents hard earned money there is no discount for that!!!

:ugh:

News from the Cabair Integrated side. The flight school has closed for two weeks while the owners sort something out. All flying and Sim training stopped.

Not looking good

Couldn't find this on their website, got a link?

Why so defensive Teddy?!

Seems that i had a perfectly legitimate question!!!

Fact: All cabair students UK and USA are grounded.
Fact: Cabair has 2 weeks to restructure or face bankruptcy.

Yes Teddy Robinson. You should apologise for that uncalled for remark. Men (or women) of few words are often to be taken far more seriously than the verbose.

There is no link for the news. All students were called to a meeting this morning. The schedule website is now blank.

Kissimmee base.
 

Hello All,first post but been a follower of the forum for a while.
I can confirm that my buddies here in Florida were told to go home,which left the rest of us feeling a little nervous regarding what's about to happen.I spoke to one of the school administrators this morning and she "guarantees" that the OFT side is unaffected,the schedule still up for the rest of the week and everyone acted like business as usual.
So as a modular student,wish to send my support to those affected and hope that the situation turns out less damaging than what some of us predict.

Thoughts with all the students and staff that will no doubt get royally shafted.

Suggest a group of you get to egtc and chain up a da42 as compensation

Not sure on the legalities of that...I know the big airports do it to jets, so why not little people to flying schools!

EGTC'er
 

I was in this gathering today at EGTC and am a relatively new student to the integrated programme. A month into the course and sitting AGK systems exam on Monday at extra cost. It is a horrible situation and I am truly hoping it gets resolved within the cabair umbrella or whatever, so I was told, new investors are very much on the horizon and are in talks as we speak/next week to try and come to a new agreement/group. The group is not in receivership, so please forgive me if I'm wrong as my business acumen is not great, but just accounts frozen by the bank(s). I hope a new investor(s) can be found to save the guys who have paid fully upfront and myself who have only paid in monthly instalments, either way, it will be much nicer to carry on and get the license we all dearly want. Fingers crossed and hope I get some good news in the coming days. I hope I don't sound blinkered but am optimistic and hope what is said is being sorted. All the best to all who is going through this tough stage, inclusive of staff. FBW

Flyboy, cut your losses now and leave is my advice. Go across the road and go modular and save a packet.

I think a lot of airlines will probably be paying a close look at the so called ties cab air have, especially if new management come in, may as well go somewhere else and save money.

Also consider what happens if it goes belly up in 6 months, when you have started flying training, it will be harder to change to modular school then, as you won't have a ppl, another thing to consider

Spoke to an instructor at CBR EGHH, Business there as usual for the moment as they seem financially independent....
Otherwise only can echo the sorrys for other payees...

Hi guys,

I don't like rumours as they tend to damage companies if they are not true, but considering what I have heard from other students, does anyone actually have any hard evidence of what is going on and how it will effect the Bournemouth Side EPTA?

Got to finish my IR (5 hours or so left) and this is not helping things!

Any idea how this will effect ATPL students on Modular courses at either Cranfield or Bournemouth ?

Hey chris,
Read my above post, for now EPTA ops are biz as usual...best to check with your instructor in the morning tho.
Regards
S, who enjoyed a recent spell there...