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Forum: The Pacific: General Aviation & Questions

9th May 2019, 07:34

Replies: 116

AusJet Aviation/Australasian Jet in liquidation

Views: 95,180

Posted By nogoodtuesdays

If there is an integrous bone in their body then...

If there is an integrous bone in their body then they would have, at the very least, paid out the employee entitlements on wind up. Instead of selling everything off and hiding it in other entities....

Forum: The Pacific: General Aviation & Questions

8th May 2019, 23:17

Replies: 116

AusJet Aviation/Australasian Jet in liquidation

Views: 95,180

Posted By nogoodtuesdays

Don’t mistake generosity for stupidity

Yes, there were definitely many contributions to the demise; director spending, unlawful transactions, going into business with other crooks, flying thousands of hours in SA that earned no money,...

Forum: The Pacific: General Aviation & Questions

8th May 2019, 04:09

Replies: 116

AusJet Aviation/Australasian Jet in liquidation

Views: 95,180

Posted By nogoodtuesdays

If you have a read of the administrator's report...

If you have a read of the administrator's report from the first time Ausjet went into receivership, by PwC, you would see all the "uncommercial director transactions" and the like. This isn't a sad...

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