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Emerald Airways
Posted: 11 May 2006, 23:18
by StevieC
Really sad to hear that emerald "flygem" have gone under, maybe the last chance to see "budgies" flying in the UK
Steven
Posted: 11 May 2006, 23:32
by Charlie Bravo
Have they officially gone under now?
Posted: 11 May 2006, 23:36
by Garry Russell
I thought they wer still arround just not flying due the the AOC being suspended.
Our cargo flight locally still show as JEM but are being operated by Atlantic.
Garry
Posted: 12 May 2006, 00:17
by TobyV
[quote="KPMG.co.uk"]Administrators appointed to Emerald Airways Limited
KPMG News 11 May 2006
Richard Fleming and Brian Green from KPMG Restructuring have been appointed Administrators to Emerald Airways Ltd and Emerald Airways Engineering Ltd.
Liverpool-based Emerald Airways Limited is an aviation group operating over 30 freight and passenger aircraft on scheduled and ad-hoc services throughout the UK and Europe. The firm, which employs approximately 200 employees, has an annual turnover of c£25 million.
Based at Blackpool Airport, Emerald Airways Engineering Ltd (EAEL) is a wholly owned subsidiary of Emerald Airways and is primarily responsible for the maintenance, repair and refurbishment of passenger and freight aircraft.
On 4 May 2006, Emerald Airways Ltd had its Air Operators Certificate (AOC) provisionally suspended by the Civil Aviation Authority. As a result of its fleet being grounded, the firm has been unable to generate sufficient money to cover its outgoings and has consequently been placed into administration.
Richard Fleming, Joint Administrator at KPMG Restructuring, said: “At present, we are evaluating the options for the business with a view to selling it as a going concern. However, in order to achieve a sale, it is imperative that the AOC suspension is lifted, so we will be working with the Civil Aviation Authority over the coming days to achieve this.â€
Posted: 12 May 2006, 00:30
by migman29
[quote="TobyVickers"][quote="KPMG.co.uk"]Administrators appointed to Emerald Airways Limited
KPMG News 11 May 2006
Richard Fleming and Brian Green from KPMG Restructuring have been appointed Administrators to Emerald Airways Ltd and Emerald Airways Engineering Ltd.
Liverpool-based Emerald Airways Limited is an aviation group operating over 30 freight and passenger aircraft on scheduled and ad-hoc services throughout the UK and Europe. The firm, which employs approximately 200 employees, has an annual turnover of c£25 million.
Based at Blackpool Airport, Emerald Airways Engineering Ltd (EAEL) is a wholly owned subsidiary of Emerald Airways and is primarily responsible for the maintenance, repair and refurbishment of passenger and freight aircraft.
On 4 May 2006, Emerald Airways Ltd had its Air Operators Certificate (AOC) provisionally suspended by the Civil Aviation Authority. As a result of its fleet being grounded, the firm has been unable to generate sufficient money to cover its outgoings and has consequently been placed into administration.
Richard Fleming, Joint Administrator at KPMG Restructuring, said: “At present, we are evaluating the options for the business with a view to selling it as a going concern. However, in order to achieve a sale, it is imperative that the AOC suspension is lifted, so we will be working with the Civil Aviation Authority over the coming days to achieve this.â€
Posted: 12 May 2006, 00:40
by TSR2
I'd love to buy this! Haven't a clue what to do... but i know a man who does... Come in Leif Harding!

Posted: 12 May 2006, 00:43
by migman29
Ben Watson wrote:I'd love to buy this! Haven't a clue what to do... but i know a man who does... Come in Leif Harding!

Aye Ben.
Old moneybags'll know alright!!
Mark :-({|=
Posted: 12 May 2006, 00:43
by Garry Russell
Looks like they are trying to get it ready to go but for the sake of some cash.
Yep
Whip round time
Garry
Posted: 12 May 2006, 00:44
by airboatr
TobyVickers wrote:What are we waiting for? Come on empty your piggy banks
how did the "we"
get to "your"

Posted: 12 May 2006, 02:48
by LongHaul
This is a shame, I guess next time I go to see the folks there wont be any Budgies buzzing over the garden on the Birmingham approach :roll: :sad: