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Search: Posts Made By: Des Dimona
Showing results 1 to 35 of 101
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Forum: The Pacific: General Aviation & Questions
7th May 2022, 05:52
Replies: 9
Views: 2,831
Posted By Des Dimona

I can never work out why any doctor would work...

I can never work out why any doctor would work for CASA as a medical officer? :E
Forum: The Pacific: General Aviation & Questions
4th Oct 2021, 07:56
Replies: 232
Views: 61,148
Posted By Des Dimona

L1011 Tristar best large aircraft I have flown....

L1011 Tristar best large aircraft I have flown. Great to fly, and typical Lockheed, built like a tank.

Chipmunk is the standout light aircraft for me.
Forum: Australia, New Zealand & the Pacific
18th Apr 2021, 07:18
Replies: 386
Views: 90,837
Posted By Des Dimona

It does when a TCAS alert is generated

It does when a TCAS alert is generated
Forum: Australia, New Zealand & the Pacific
17th Apr 2021, 08:47
Replies: 386
Views: 90,837
Posted By Des Dimona

Another bizarre Airservices accomplishment is...

Another bizarre Airservices accomplishment is Avalon, where a tower controller clears an IFR aircraft for take-off in Class D airspace and the aircraft then has to fend for itself between 2500 and...
Forum: The Pacific: General Aviation & Questions
13th Sep 2020, 22:44
Replies: 95
Views: 38,672
Posted By Des Dimona

Has this aircraft got Tamarack winglets?

Has this aircraft got Tamarack winglets?
Forum: The Pacific: General Aviation & Questions
13th Sep 2020, 01:43
Replies: 95
Views: 38,672
Posted By Des Dimona

That's 120,000 ft per minute - I don't think so. ...

That's 120,000 ft per minute - I don't think so.

The aircraft would be in a million pieces at that V/S.
Forum: Australia, New Zealand & the Pacific
25th Jun 2020, 06:29
Replies: 1,145
Views: 426,285
Posted By Des Dimona

Can't think of any mine sites that the A320...

Can't think of any mine sites that the A320 currently operates into that a 737 couldn't do the same. Anyone else?

BTW - Cocos Island will handle just about any aircraft. A 737 ain't a problem....
Forum: Australia, New Zealand & the Pacific
22nd Jun 2020, 21:52
Replies: 1,145
Views: 426,285
Posted By Des Dimona

The problem with this if it goes to court is that...

The problem with this if it goes to court is that there is not enough cash to keep the thing running in the event of a protracted dispute. The risk of liquidation is increased ?

Very messy.
Forum: Australia, New Zealand & the Pacific
14th Jun 2020, 09:11
Replies: 1,145
Views: 426,285
Posted By Des Dimona

Whatever you think of Terry's opinion, I believe...

Whatever you think of Terry's opinion, I believe he has nailed the "modus operandi" of private equity organisations - rip cash out of a very high cash flow business then re-float and sell.
Forum: Australia, New Zealand & the Pacific
11th Jun 2020, 09:42
Replies: 1,145
Views: 426,285
Posted By Des Dimona

Let alone the comparison between Ansett and the...

Let alone the comparison between Ansett and the odious Tesna Fiasco. Insert Bain and Cyrus for Tesna. They (Virgin and Ansett) will end up not being all that different. Bain and Cyrus both want...
Forum: Australia, New Zealand & the Pacific
2nd Jun 2020, 21:23
Replies: 93
Views: 39,324
Posted By Des Dimona

LOOKLEFT - Spot on. All I can say to the...

LOOKLEFT - Spot on.

All I can say to the guys and gals at Virgin is good luck if Carla gets her hands on the wheel. Most importantly, you'll have a job, but you'll also be in for quite a ride....
Forum: Australia, New Zealand & the Pacific
31st May 2020, 00:16
Replies: 118
Views: 58,646
Posted By Des Dimona

The reality is that it's dollars only that drives...

The reality is that it's dollars only that drives this forward. Any of these bidders will be looking at a quick turnover and sale because that's the way they operate. Does not matter what the...
Forum: Australia, New Zealand & the Pacific
25th May 2020, 20:37
Replies: 1,266
Views: 561,865
Posted By Des Dimona

If that's indeed correct (anyone who can...

If that's indeed correct (anyone who can accurately comment on this ???), then any new entity won't be up and running before 2021. This may not be a bad thing as the domestic market will be much...
Forum: Australia, New Zealand & the Pacific
25th May 2020, 09:30
Replies: 1,266
Views: 561,865
Posted By Des Dimona

The VAH board had their head in the sand for...

The VAH board had their head in the sand for years, but they will be gone when the company disappears and a new entity is started.
Forum: Australia, New Zealand & the Pacific
10th May 2020, 23:01
Replies: 1,266
Views: 561,865
Posted By Des Dimona

The AFR article: KordaMentha can forget...

The AFR article:

KordaMentha can forget about playing administrator at Virgin Australia - it has a serious horse on the buy-side.

Street Talk can reveal KordaMentha, whose "two Marks" Mark...
Forum: Australia, New Zealand & the Pacific
3rd May 2020, 08:15
Replies: 60
Views: 25,895
Posted By Des Dimona

The Fokkers don't have Speys - they are RR Tays

The Fokkers don't have Speys - they are RR Tays
Forum: Australia, New Zealand & the Pacific
2nd May 2020, 00:25
Replies: 37
Views: 14,177
Posted By Des Dimona

Yes - and what a combination that was. The Laurel...

Yes - and what a combination that was. The Laurel and Hardy show on steroids. I'll leave it to others to work out who was Stan and who was Ollie. Those in the know will easily identify who was who.
...
Forum: Australia, New Zealand & the Pacific
30th Apr 2020, 03:45
Replies: 262
Views: 105,578
Posted By Des Dimona

Velocity is tied umbilically to Virgin - If...

Velocity is tied umbilically to Virgin - If Virgin goes under, Velocity is worthless.

That's what he means
Forum: Australia, New Zealand & the Pacific
30th Apr 2020, 02:49
Replies: 262
Views: 105,578
Posted By Des Dimona

Today was just a formality - the business is a...

Today was just a formality - the business is a train wreck as long as COVID is around. With limited cash and effectively no income, there isn't much time to sort this out.
Forum: Australia, New Zealand & the Pacific
26th Apr 2020, 09:19
Replies: 60
Views: 25,895
Posted By Des Dimona

I think Alliance, who are financially pretty...

I think Alliance, who are financially pretty savvy, would have to think twice about introducing another aircraft type. Their spares holding on the Fockers is very extensive and they own most of it.
Forum: Australia, New Zealand & the Pacific
24th Apr 2020, 03:59
Replies: 1,266
Views: 561,865
Posted By Des Dimona

It will be very difficult to manage this through...

It will be very difficult to manage this through a restructure, given the true debt level may rise above $7 billion. Unless there is some very creative thinking about solutions, that would make...
Forum: Australia, New Zealand & the Pacific
23rd Apr 2020, 04:05
Replies: 1,266
Views: 561,865
Posted By Des Dimona

I would imagine any private equity investor will...

I would imagine any private equity investor will want to drag this out as long as possible to achieve the lowest sale price. This will factor heavily with the administrators who have a limited time...
Forum: Australia, New Zealand & the Pacific
21st Apr 2020, 22:47
Replies: 223
Views: 90,683
Posted By Des Dimona

Sunfish - disagree. The discussion around...

Sunfish - disagree.

The discussion around realistic results and expectation after administration is definitely one of substance.
Forum: Australia, New Zealand & the Pacific
21st Apr 2020, 21:49
Replies: 223
Views: 90,683
Posted By Des Dimona

This is a more sobering and realistic assessment...

This is a more sobering and realistic assessment of the the path ahead by Ian Verrender:
...
Forum: Australia, New Zealand & the Pacific
20th Apr 2020, 00:09
Replies: 152
Views: 78,399
Posted By Des Dimona

Ask an Iraqi, an Afghani, a Syrian, a Libyan, an...

Ask an Iraqi, an Afghani, a Syrian, a Libyan, an Iranian etc if they think their own governments have any culpability in this ??
Forum: Australia, New Zealand & the Pacific
19th Apr 2020, 23:37
Replies: 1,266
Views: 561,865
Posted By Des Dimona

Get back to the reality - It's an Australian ASX...

Get back to the reality - It's an Australian ASX listed public company where shareholders won't front up with funds to keep it going. That doesn't give it any rights to preferential government...
Forum: Australia, New Zealand & the Pacific
17th Apr 2020, 08:15
Replies: 223
Views: 90,683
Posted By Des Dimona

As said above, there is no way any Private Equity...

As said above, there is no way any Private Equity Investor would touch VA until it is debt quarantined, ie, in administration. The debt has to be removed prior to a new investor coming on board.
Forum: Australia, New Zealand & the Pacific
16th Apr 2020, 00:16
Replies: 1,266
Views: 561,865
Posted By Des Dimona

Maybe the board at Brisbane Airport needs to...

Maybe the board at Brisbane Airport needs to examine the credentials of one of its members recently departed from VA and consider whether he should be replaced. :ok:
Forum: Australia, New Zealand & the Pacific
14th Apr 2020, 00:52
Replies: 129
Views: 66,882
Posted By Des Dimona

Green.Dot - Many older pilots do not have the...

Green.Dot - Many older pilots do not have the stunning amounts of super that you fantasize about. They have just as much right to continue working as younger pilots. :ugh:
Forum: Australia, New Zealand & the Pacific
13th Apr 2020, 02:31
Replies: 457
Views: 268,536
Posted By Des Dimona

Not as silly as it might sound. If the COVID...

Not as silly as it might sound. If the COVID thing is proved to be contained at an acceptable level in both countries (and it's rapidly approaching that point), then that sounds like a great idea.
...
Forum: Australia, New Zealand & the Pacific
13th Apr 2020, 02:27
Replies: 1,266
Views: 561,865
Posted By Des Dimona

Also, just the "small" issue of debt servicing...

Also, just the "small" issue of debt servicing with little or no income - doesn't add up.
Forum: Australia, New Zealand & the Pacific
12th Apr 2020, 00:42
Replies: 179
Views: 80,232
Posted By Des Dimona

In lean economic times, Qantas uses Jetstar...

In lean economic times, Qantas uses Jetstar domestic more because of the low operating cost base compared to mainline.

When times are good, the profit margin is greater on domestic mainline and...
Forum: Australia, New Zealand & the Pacific
2nd Apr 2020, 23:12
Replies: 815
Views: 481,503
Posted By Des Dimona

In the absence of funding from any last resort...

In the absence of funding from any last resort lenders, that's why the company needs to be put into administration now, particularly to preserve employee payouts.

The silence from Scurrah is...
Forum: Australia, New Zealand & the Pacific
1st Apr 2020, 20:16
Replies: 5
Views: 5,772
Posted By Des Dimona

To date, no money from the government has reached...

To date, no money from the government has reached any regional operator.
Forum: Australia, New Zealand & the Pacific
1st Apr 2020, 20:13
Replies: 38
Views: 18,773
Posted By Des Dimona

and pigs might fly as well:ugh:

and pigs might fly as well:ugh:
Showing results 1 to 35 of 101
 
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