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Sobelair bankrupt

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Old 19th Jan 2004, 19:32
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Thumbs down Sobelair bankrupt

Sobelair in Belgium has just been declared bankrupt.

450 people lost their jobs and passengers are stranded
out of Brussels. Alternative aircraft are being arranged by
Jetair the touroperator who booked the flights with them.

Not good news anf I wish the employees best of luck.

Reason for collapse was according to the curator extreme
bad management after Sobelair went on it's own after
the Sabena drama.
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Old 19th Jan 2004, 22:11
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Shame, I feel sorry for my Belgian friends. Fancy being made redundant before you even got a chance to strike...?

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Old 20th Jan 2004, 02:22
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Angry Easyjet openday at BRU?

I haven't seen any advert yet, but it can never be long, Easyjet and Ryanair flocking to BRU to pick-up some rated guy's!

I have sympathy for the Sobelair pilots but Also for the one's hanging on the bottom of the Pilot-food-chain.

Oh when is the salvation near?
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Old 20th Jan 2004, 06:15
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Good one Wing Co. Like that one.
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Old 20th Jan 2004, 17:36
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An update of the Sobelair mess at the moment:

All flights have been taken over today by other airlines.
This has been arranged by Jetair and Thomas Cook
who are the one's who booked the flights in the first
place with Sobelair. All Sobelair planes are grounded.

AOC has not yet been suspended by the Belgian Government
because the curator wants to have a try to find a buyer
for what is left but doesn't want to wait any longer
with this than Thursday.Thus staff have not yet been fired
but the company has been declared bankrupt by the Belgian
courts.

Personell is prepairing a lawsuit against the CEO with
a charge of gross managerial misconduct.

Staff are very emotionall as some of them also were
in the Sabena drama.

Best of luck to them in the future.

Rgds
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Old 21st Jan 2004, 07:56
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Unhappy

This is truely terrible news about SOBELAIR going bankrupt.

Did they already park their planes or are they operating in BK status?

They are well known and have been around for quite a while and I though they ran a tight and lean ship over there. Maybe without the Sabena technical support it raised their costs.

Is Mssr. Luke Melearts stil the M/D of the company?

and does anybody know if they are still flying the 5x to 6x per week B767-300 sub-charters for DCA from Curacao to Amsterdam?

Thanks.... JP
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Old 21st Jan 2004, 08:11
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Can't say i was surprised to hear that one. It's been on the books for several months now. Bad news for us wannabes in europe who are still trying to get a job, and bad news for the people who just lost theirs.
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Old 21st Jan 2004, 12:55
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CEO is a Mr. Vastapane who isn't that popular at the moment
if I understand rightly.

Airplanes are grounded until at least Friday.

DCA flight yesterday out of Amsterdam was being flown
by Air Holland. Sobelair fight was cancelled.

Azzurra Air out of Bergamo is making an offer for
what is left of the company but they seem to be
in financial trouble themselfs so it is wait and see
at the moment. Curator is making up his mind if
it is a geniune offer.

Sabena Technics are now also in deep trouble.
They had big problems beforehand but if they lose
Sobelair it might tip them over also.

Sad news.

Source: Belgian TV.
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Old 21st Jan 2004, 15:09
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I wonder where did you get from that Azzurra Air is making an offer out of Bergamo ....
There's nothing left at all in Bergamo of Azzura Air, the headquarter in BGY is gone! ... and very sad indeed, it seems to be that Azzurra will be the next one to go due to serious financial troubles and to the fact Air Malta took all their aircrafts.
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Old 21st Jan 2004, 18:37
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Xenia

Azzurra still have their administrative offices in Bergamo, at least till last week they did. Some 200 staff there I am told. They also have offices in Gallarate near MXP.

The aircraft are held to avoid them getting impounded by other creditors. As you say, they are in enough trouble on their own, let alone rescue another bankcrupt company.

Since the new magiority owners (mob connections they say) have moved in at Azzurra last year (Air Malta only have 49%), they have gone for 'rescuing' Air Littoral, Olympic and now Sobelair, yet they do not have one aircraft of their own flying at the moment....... so much for their rescue capabilities!
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Old 21st Jan 2004, 22:23
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Can anybody recall a successful Belgian airline?
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Old 21st Jan 2004, 23:02
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Not with a straight face....
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Old 21st Jan 2004, 23:38
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Profitable Belgian Airlines

I think I can name a few:

1) VLM Airlines - No sorry, run by a Dutchman-
2) Thomas Cook Airlines - No, run by a German head office.
3) Virgin Express - Nope again - run (sort of) by Dicky Branson.

4) .... eh....

Nope sorry.

-------------------------------------------------------------------------------

All joking aside. All the best of luck to the great guys at Sobelair - I wish you all the very best of luck getting through this. Hope you all land on your feet!
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Old 21st Jan 2004, 23:50
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Can anybody recall a successful Belgian airline?
EAT (though owned by the germans)

TNT (though owned by the dutch)
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Old 22nd Jan 2004, 00:18
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How about Delta Air Transport (DAT) , now SN Brussels Airlines of course. They still use DAT as their ICAO designator. Oh, and they've been around for 35 years at least!
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Old 22nd Jan 2004, 03:42
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Red face

35 years ??!!... but they were managed and filled by Sabena... and now managed by a dutch
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Old 22nd Jan 2004, 04:23
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EAT
You're having a laugh
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Old 22nd Jan 2004, 04:51
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Devil

But what is a successful airline in Europe today ?

Besides a handful that do show a profit at the end of the year , how many are just living on borrowed money ?

Someone mentioned Thomas Cook (Belgium ops) as a succesful one, anyone seen the salaries there ?
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Old 22nd Jan 2004, 15:48
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Eurekadelta,

So I guess British Airways are Australian then.
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Old 22nd Jan 2004, 16:35
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Wasn't there a recent rumour about TUI sniffing around Sobelair's tail area?
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