UK Justice Forum 🇬🇧
Off Topic and General Discussions => Off topic, general discussions and the Wide Awake Club. => Topic started by: John on October 06, 2012, 02:36:09 PM
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I have been passed some interesting information concerning the demise of Fast Helicopters at the hands of the Bellis/Cummings family.
Rather than start at the beginning let us start at the end and a couple of posts by someone who should know best.
28th Jan 2012, 16:41
Firstly any opinions expressed in this post are entirely my own and do not necessarily reflect those of the Administrators, the management or other staff of FAST.
I am Paul Curtis the Operations Manager of FAST Helicopters, and can confirm that the company went into Administration on Tuesday 24th January, Price Waterhouse Cooper have been appointed as Joint Administrators at the request of HSBC.
There are very mixed emotions at FAST at the moment, as anyone familiar with recent history will no doubt appreciate, most of the staff have expressed a certain relief to no longer being associated with the previous owners, however there is also an amount of uncertainty whilst potential new owners are sought.
The Administrators appear very positive and started sending out information packs to interested parties on Friday afternoon, and once a small issue of technicalities with Insurance is ironed out on Monday morning, it will be business as usual at Shoreham.
I would like to thank everyone who has been in the know for the last four days for their discretion and support, particularly the CAA and Haywards Aviation, but most especially the students who have been very patient during the turmoil this week, our aircraft owners and customers who have all been incredibly understanding and supportive. I also hope that we can call upon their and your support in the coming weeks.
Many thanks to you all, and here's to a bright and prosperous future!
Paul
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3rd Feb 2012, 10:05
Hello All,
Paul here again, but not so wordy as last time.
The Administrators have been unable to find a buyer / investor for FAST in the time they allowed and have decided to dissolve the company.
We have all been made redundant as of today (one or two exceptions to help clear up).
Yet another casualty of the great BBCC foul up, and they walk away scott free and cashing in loads of solicitor fees.
Let the BBCC bashing begin.