East Anglian Air Ambulance temporarily grounded/Longmint status
Hovering AND talking
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so a couple of Jetrangers on those contracts appears to be the core of what is left.
Me, I just have an LPC to worry about.
Just where did all the money go?
The current losses appear to have been caused by crippling interest payments on the mortgages plus some ill-qualified lawyer and and an even more ill-qualified MBA decided to gamble and re-mortgage the assets in Euros thus suffering even more crippling exchange losses.
Cheers
Whirls
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All the articles are 3 or 4 years old and a lot can change in that time.
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Digital flight deck,
I think ExMAGE is setting the scene for what has subsequently happened to all the aviation assets that Longmint has aquired since.
There seems to be a pattern emerging.
Read the rest of the thread, and you may also see it.
I think ExMAGE is setting the scene for what has subsequently happened to all the aviation assets that Longmint has aquired since.
There seems to be a pattern emerging.
Read the rest of the thread, and you may also see it.
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Am I missing something?
Forgive my stupidity but I did my schooling at Hogwarts with Harry Potter.
I do not understand how Longmint can expect to keep the pipeline contracts when "all aircraft are grounded" as they have no AOC/Chief engineer/CAM/Chief pilot.
Some of their so called "assets" may not actually belong to them so hopefully they have not mortgaged those. Are they really that stupid? But then if they have been in severe financial problems before - and we are talking about "educated" people - one would expect them to have learnt from their mistakes. Ha! Ha!
(we need a falling over laughing icon here)
It would be great if everyone concerned got what was owed to them (especially management)
I do not understand how Longmint can expect to keep the pipeline contracts when "all aircraft are grounded" as they have no AOC/Chief engineer/CAM/Chief pilot.
Some of their so called "assets" may not actually belong to them so hopefully they have not mortgaged those. Are they really that stupid? But then if they have been in severe financial problems before - and we are talking about "educated" people - one would expect them to have learnt from their mistakes. Ha! Ha!
(we need a falling over laughing icon here)It would be great if everyone concerned got what was owed to them (especially management)
There you go WNW
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Keepitup
Last edited by Keepitup; 14th Mar 2011 at 16:04.
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Just heard from a reliable source that national grid have given Sterling fourteen days notice makes you wonder if there are any contracts left
Last edited by Nitram; 14th Mar 2011 at 17:09. Reason: Spelling will see teacher after school
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Is there anyone else?
Thanks keepitup.
Well the jungle drums are busy today because I also heard that Sterling had been given 14 days notice by National Grid to get their house in order and that INCLUDES PAYING ALL STAFF ANY MONEY THAT IS OWED!
Wow where are they going to get that from? Many of the staff have been struggling for months with the salary problems so I would doubt that they are all paid up to date.
Then there are their creditors and from what I can gather there will be many of those. It could include EAAAS for that engine (unless it is already paid for, as no one is confirming or denying that) and what about the Police and the pipeline people (including National Grid) do they have any comeback for the extra costs involved of getting their jobs done by someone else?
Look on the bright side - they are presumably still getting income from renting hangarage to EAAAS unless they moved after the "teddies out the cot" incident.
Another rumour - not sure if there is any truth in it - was that they are managing to fly "jollies". How can they do that without an AOC?
Well the jungle drums are busy today because I also heard that Sterling had been given 14 days notice by National Grid to get their house in order and that INCLUDES PAYING ALL STAFF ANY MONEY THAT IS OWED!
Wow where are they going to get that from? Many of the staff have been struggling for months with the salary problems so I would doubt that they are all paid up to date.
Then there are their creditors and from what I can gather there will be many of those. It could include EAAAS for that engine (unless it is already paid for, as no one is confirming or denying that) and what about the Police and the pipeline people (including National Grid) do they have any comeback for the extra costs involved of getting their jobs done by someone else?
Look on the bright side - they are presumably still getting income from renting hangarage to EAAAS unless they moved after the "teddies out the cot" incident.
Another rumour - not sure if there is any truth in it - was that they are managing to fly "jollies". How can they do that without an AOC?
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It was definitely Sterling that I heard about. If they can use another company's AOC from within the group I would imagine that they would still be flying their contracts 
Now then Whirls
Have you got any more information on where all the money may have gone? I did do a bit of googling and it was interesting about people paying their lawyer extremely large sums of money for services
.
Talking about keeping it in the family - Sterling was a very loyal family type employer in the early days. Next time someone tells you to be brave, it is just 3 small words, just remember it is amazing how 3 small words can cause so much destruction "Bellis Bellis Cummings" to so many people's lives.
Now then Whirls
Have you got any more information on where all the money may have gone? I did do a bit of googling and it was interesting about people paying their lawyer extremely large sums of money for services
. Talking about keeping it in the family - Sterling was a very loyal family type employer in the early days. Next time someone tells you to be brave, it is just 3 small words, just remember it is amazing how 3 small words can cause so much destruction "Bellis Bellis Cummings"
to so many people's lives.
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It would be different doing jollies under someone else AOC you just get someone else to fly it but contractual work requires a transfer of undertaking of some sort agreed by all parties.
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The MD of Alan Mann Aviation Group
Originally Posted by WNW
Have you got any more information on where all the money may have gone?
Cheers
Whirls
Lets clear a silly rumour up...Sterling has NOT flown ANY flights since they lost the AOC .
They have done ground runs on several helicopters but that is normal engineering practise if your helicopters are inactive...
They have done ground runs on several helicopters but that is normal engineering practise if your helicopters are inactive...
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Who is supervising?
Ground runs You mean there are still pilots and engineers working at Sterling. Surprised that they can afford the fuel at todays prices. Don't seem to able to afford much else.
You mean there are still pilots and engineers working at Sterling. Surprised that they can afford the fuel at todays prices. Don't seem to able to afford much else.
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What's happening!
TOTM2U
From your previous post I assume you are a recent (if not still employed - with or without pay) person at Sterling.
Just what is the situation on the ground at Sterling? If Bond do keep the new contracts are they going to offer employment to any of the Sterling staff? Well they are in place and they have been doing a brilliant job in spite of all the hassle, I am including all ground staff and not just pilots.
I remember a colleague when she left to have a baby said "all her years working with pilots gave her the experience required to deal with babies and difficult toddlers". I'm not suggesting that ground staff all run out and start a family but there is always a need for childcare. The money may not be great but at least you should be paid. But then you should get paid to work at Sterling!
From your previous post I assume you are a recent (if not still employed - with or without pay) person at Sterling.
Just what is the situation on the ground at Sterling? If Bond do keep the new contracts are they going to offer employment to any of the Sterling staff? Well they are in place and they have been doing a brilliant job in spite of all the hassle, I am including all ground staff and not just pilots.
I remember a colleague when she left to have a baby said "all her years working with pilots gave her the experience required to deal with babies and difficult toddlers". I'm not suggesting that ground staff all run out and start a family but there is always a need for childcare. The money may not be great but at least you should be paid. But then you should get paid to work at Sterling!
WNW
Your lack of the basics of aviation legislation is only surmounted by your lack of any actual facts in the current situation that the remaining good people at Sterling find them selves in.
Might I suggest that instead of listening to Chinese whispers whilst plane spotting at the perimeter fence, You acquaint your self with this
http://www.caa.co.uk/docs/33/CAP393.pdf
Then you would understand what utter rubbish you are sprouting.
Your lack of the basics of aviation legislation is only surmounted by your lack of any actual facts in the current situation that the remaining good people at Sterling find them selves in.
Might I suggest that instead of listening to Chinese whispers whilst plane spotting at the perimeter fence, You acquaint your self with this
http://www.caa.co.uk/docs/33/CAP393.pdf
Then you would understand what utter rubbish you are sprouting.