Total Air Management Services
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Total Air Management Services
It's rumoured that a large company are buying into the aviation market in a big way. In the last month they took over TAMS. It's all a bit hush hush. Does anyone know a bit more. I believe the company could be Longmint Ltd
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Would this be the same Longmint Ltd that owns Sterling Helicopters Ltd and Fast Helicopters Ltd. Wouldn't have thought it was that hush-hush if the information is available at Companies House!
Without doing a detailed search, I believe Longmint itself is owned by a property development co - I can't remember the name offhand but it begins with an E!
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Whirls
Without doing a detailed search, I believe Longmint itself is owned by a property development co - I can't remember the name offhand but it begins with an E!
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Whirls
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Erinaceous owns Longmint, I believe. Rumour has it that they have also purchased an engineering company at shorham. I'd heard on a couple of occassions that TAMS were deep in debt and about to go under. They were borrowing from the South Yorkshire investment fund. http://www.syif.co.uk/news/news102.htm A lucky break for them if they were able to sell it.
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The engineering section of Eastern Atlantic Helicopters at Shoreham is now Fast Helicopters. Fast have bought them, which indirectly means that Erinaceous/Longmint have I suppose.
That was no secret though, it was on Fast's website and talked about quite openly.
That was no secret though, it was on Fast's website and talked about quite openly.
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I believe TAMS has the South Yorkshire Police contract for an Explorer. Eastern Atlantic has Explorers. Could this bring in another line for Longmint. The Police and Medical market is huge.
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Originally Posted by blockhead111
Could this bring in another line for Longmint.
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Specialist Aviation Services have the 902 engineering. They seem to have a spares monopoly. This could change things a bit. Does anyone know if TAMS management and staff changed is the Transco pipeline going back to Sterling?
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Depends on why you want to know!
TAMS will still remain a legal entity and that is who the holds the Transco contract.
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Whirls
TAMS will still remain a legal entity and that is who the holds the Transco contract.
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I don't need to know. (Why the angry face?) I'm curious, having heard comments about the way the contract was taken from sterling using the South Yorkshire fund money and then getting it wrong. I'm sure Sterling will not have brought as much money when sold and it would have been justice to see it return. Not that it matters as they are all the same company now. Does anyone know if they are recruiting for engineers.
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This is not an angry face This is an angry face !!
No there are not! Just because they are owned by the same company does not means they ARE the same company. Sterling Helicopters Ltd is a separate legal entity to TAMS Ltd. If Transco signed a contract (and I do know the circumstances behind it!) with TAMS Ltd, Longmint Ltd cannot transfer the contract to Sterling without agreement of Transco. As far as I know, each aviation company that has been bought by Longmint is being run as a subsidiary company - whether they get merged later is another matter!
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Not that it matters as they are all the same company now.
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i just wondered why peple think a company has to be losing money to be sold
when they bought eastern atlantic engineering the posts then read doom and gloom EAH going bust nothing was further than the truth simon ollie sold the engineering because [quoted by him to me ] they offered me a shed load of money i had to accept
why couldnt tams be the same just because they had a loan to buy some helicopters[most companys do]
if you read that press release it says a sucesfull air services company .ive dealt with them in the past and a friend of mine rents his helicopter to them they pay him without any problems they seem to be a good company and i have never heard any bad rumours about them
eastern atlantic engineering do have a large stock of parts for explorers [they were part of the md franchise for corporate helicopters and i do know they have supplied parts to pas before now when they didnt have any i remember an engine being borrowed and a main gb
some people on this forum just want to be doom and gloom merchants and cant stand it when someone does good .so if john tickner and co and simon ollie both got good deals with loads of money i say good on them go for it
block head you have made 6 posts in all and all of them about tams do you have other issues here? tell us more ?
when they bought eastern atlantic engineering the posts then read doom and gloom EAH going bust nothing was further than the truth simon ollie sold the engineering because [quoted by him to me ] they offered me a shed load of money i had to accept
why couldnt tams be the same just because they had a loan to buy some helicopters[most companys do]
I'd heard on a couple of occassions that TAMS were deep in debt and about to go under. They were borrowing from the South Yorkshire investment fund. http://www.syif.co.uk/news/news102.htm A lucky break for them if they were able to sell it.
eastern atlantic engineering do have a large stock of parts for explorers [they were part of the md franchise for corporate helicopters and i do know they have supplied parts to pas before now when they didnt have any i remember an engine being borrowed and a main gb
some people on this forum just want to be doom and gloom merchants and cant stand it when someone does good .so if john tickner and co and simon ollie both got good deals with loads of money i say good on them go for it
block head you have made 6 posts in all and all of them about tams do you have other issues here? tell us more ?
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No I don't have an issue with TAMS. My interest is in the General Aviation Helicopter industry and where Longmint or Erinacious are aiming. I believe I am right to say they are manily property developers and estate agents. Strange place to start from and go to. They seem to be hovering waiting for the next company.
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If the property boys are pushing their money away from property and into helicopters. perhaps the slump is round the corner. Best have your money somewhere else when the bubble bursts.