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Old 3rd April 2013 | 04:41
  #161 (permalink)  
 
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From: The 245 bulkhead
I wonder who is left. Wonder if LT my old boss is still there? I heard RH was still hanging in there? Sorry don't know who danger mouse is. First name Dave maybe, older fixed wing guy? How times have changed since I left in 2004 ish.....
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Old 3rd April 2013 | 15:15
  #162 (permalink)  
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Would any one care to divulge where Rainbow is now based
On a military airfield - whether that is as secure as the hangar-in-a-hangar (which was itself built for Middle East royalty!!!) I leave you to decide.
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Old 4th April 2013 | 09:55
  #163 (permalink)  
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S***speed seem to be being used more often for 'Royals'.
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Old 4th April 2013 | 10:07
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From: Royal Leamington Spa
Makes sense if Premiair are folding. They're clearly not going to use Harrods.

Re: Rainbow, I can only guess that its gone to the same place as the London air ambulance.
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Old 4th April 2013 | 12:37
  #165 (permalink)  
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Much of the Rainbow trade seems to be Highgrove/Gatcomb so maybe it's somewhere more convenient for this.
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Old 4th April 2013 | 16:41
  #166 (permalink)  
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Saw Premiair van at Fairoaks about an hour ago, in the car park which leads to S***speed.
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Old 4th April 2013 | 18:27
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From: Bergen
Still sad

Almost one month since my last comment. Now I read '25' ish staff remaining. How can a business descend so rapidly? Where's the leadership? There must be some anger around the patch in various quarters, but I can't help thinking its such a sad end to something that was so good.
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Old 4th April 2013 | 18:54
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From: Milano, Italia
It is indeed sad but .. as was said many moons ago .. the writing was on the wall:

Originally posted by Savoia on 23rd April 2011

As mentioned on another thread where this was initially reported, the writing was on the wall for a number of City financiers familiar with Davies' operations.

By all counts PremiAir's operations are, on the whole, commendable - even admirable, and Heli01's 'face-saving' comments in their support (via the information of his 'contact') are therefore understandable.

To suggest however that the collapse of PremiAir's sister company will have zero impact on their operations either now or in the future is perhaps optimistic. My understanding was that Von Essen hotels part-funded the initial acquisition of PremiAir?

We shall see what transpires.

This would however be a good time for the boys at Starspeed to focus their efforts in preparedness for 'catching' any business which might emerge from the current uncertainties - that's how the business world survives!
See: http://www.pprune.org/rotorheads/449...istration.html
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Old 4th April 2013 | 20:58
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From: the worlds hotels
The buzz is that even senior management have now bombed out including the HR woman!
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Old 5th April 2013 | 09:21
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From: around and about
Think Ch Eng resigned yesterday - rudderless?
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Old 5th April 2013 | 11:26
  #171 (permalink)  

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Sad to hear. Not long since they were probably the market leader.

Isn't a designated Chief Engineer a mandatory requirement in order to maintain their AOC? If so (and I think it is) they would need to recruit another asap or the company has gone the way of the Dodo.
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Old 5th April 2013 | 18:04
  #172 (permalink)  
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Not a Chief Engineer for an AOC. A Continuing Airworthiness Manager for an AOC - not always the same person.

Not having a nominated Chief Engineer will have an affect on their Part 145 Approval. If they still have a Part 145!
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Old 5th April 2013 | 18:23
  #173 (permalink)  

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FNW, You are more correct; I was thinking in practical terms, i.e. they need to maintain the aircraft they flew on their AOC.
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Old 11th April 2013 | 22:03
  #174 (permalink)  
 
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From: UK
Greed

The problem is that Avery got greedy and knows little about running the aviation, i heard from a reliable source that he did try and bring a business partner in who runs a small fixed wing outfit who was also the lead into investment. Apparently the deal was done, but Avery wanted personal money up front so the deal fell through before xmas and his apparent business partner dumped Avery and has continued on seperately. This all could have been avoided if he had taken the deal before xmas, but it proves its not about the company its about himself and none of his promises have come to light yet. Its over for premiair sadly.
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Old 12th April 2013 | 08:17
  #175 (permalink)  
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GVONB just made a brief appearance outside GAMA; no rotor blades and didn't seem to have any engines either.
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Old 15th April 2013 | 08:10
  #176 (permalink)  
 
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From: UK
Looks like a clear case of asset stripping(literally) to me.I gather the Blackbushe hangar is being leased to a fixed wing dealer?
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Old 1st May 2013 | 13:39
  #177 (permalink)  
 
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From: the worlds hotels
It seems like for another month pay has been selective...some got paid others didn't, does this new owner, sorry friend of the old owner wants to have a business ???
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Old 2nd May 2013 | 10:09
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All I say is Pension Contributions....
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Old 2nd May 2013 | 18:47
  #179 (permalink)  

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From: Wandering the FIR and cyberspace often at highly unsociable times
I cut up my Premiair security pass today..... can't see me needing that again.
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Old 13th June 2013 | 08:25
  #180 (permalink)  
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One of the 'old' S76s departed Fairoaks on a trailer a couple of weeks ago. Rumour is it has been sold in the USA. If the company is in liquidation, is this legal?
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