Westex - bankruptcy protection?
Moderators: sky's the limit, sepia, Sulako, lilfssister, North Shore, I WAS Birddog
-
Swamp Donkey
- Rank 3
- Posts: 139
- Joined: Wed Feb 18, 2004 8:56 pm
- Location: West
Westex - bankruptcy protection?
Anybody heard the rumor that Westex has filed for protection from it's creditors?
I haven't heard that, but the bank does own 48% of the company. I heard that the F-27's were on the chopping block and something about the Lears. They (the Lears) are doing alright - but the bank wanted to separate them from the rest of the operation (or something along those lines)
I'm sure someone will chime in with some hard facts.
I'm sure someone will chime in with some hard facts.
How now, brown cow?
I'm just curious, boeingboy, do you work for this company or something? You seem to know an awful lot about them, or think you do...boeingboy wrote:We'll see.........
I've heard about some of the bad news, but I haven't heard of planes disappearing yet.
Are they still looking for rampees?
No, i work for a website. http://www.glatter.com
For the record. If you don't work for free, you are paying to work. Which after that lawsuit, you are lucky to do.
For the record. If you don't work for free, you are paying to work. Which after that lawsuit, you are lucky to do.
Last edited by scabber on Sat Jun 26, 2004 5:53 pm, edited 2 times in total.
-
Pat Richard
- Rank 8
- Posts: 904
- Joined: Sat Feb 28, 2004 10:36 pm
- Location: all over
Here's what I was told by a Westex employee; The "bank" is currently majority shareholder in the company. DO is trying to buy back controlling interest in the company, and is currently in court.
One F27 is being worked on, backed by DO personally, in preparation for a contract which the bank is not interested in. Another F27 is still doing the daily run south of the border, with 2 metro's covering the late nite Alberta runs.
The general consensus among the staff is that the "bank" wants to get rid of cargo completly and concentrate on the medivac service.
The Lears have been taxing on the company due to snags and lack of funds for parts. No mention of the 350, or any medivac A/C are on the way out.
Obviously, people there are worried. They seem to feel they are being lied to(bank says they want to keep cargo) and that many will be kicked aside in 60 days.
I sincerly hope it works out for them one way or another.
Pat
One F27 is being worked on, backed by DO personally, in preparation for a contract which the bank is not interested in. Another F27 is still doing the daily run south of the border, with 2 metro's covering the late nite Alberta runs.
The general consensus among the staff is that the "bank" wants to get rid of cargo completly and concentrate on the medivac service.
The Lears have been taxing on the company due to snags and lack of funds for parts. No mention of the 350, or any medivac A/C are on the way out.
Obviously, people there are worried. They seem to feel they are being lied to(bank says they want to keep cargo) and that many will be kicked aside in 60 days.
I sincerly hope it works out for them one way or another.
Pat
RXXguy,
Scabber just ripped you apart. Working for free isnt so bad man, it always looks good to have volunteer time when submitting a resume. Every employer likes to see someone who is willing to risk life and limb for a company that doesnt reward. Are you even in the left seat yet, or are you still not allowed into the office?
Keep fighting the good fight Rxxman... everyone loves an ex regency guy.
Scabber just ripped you apart. Working for free isnt so bad man, it always looks good to have volunteer time when submitting a resume. Every employer likes to see someone who is willing to risk life and limb for a company that doesnt reward. Are you even in the left seat yet, or are you still not allowed into the office?
Keep fighting the good fight Rxxman... everyone loves an ex regency guy.
-
ScudRunner
- Rank 11
- Posts: 3239
- Joined: Tue Jun 08, 2004 11:58 am
RXXGUY, please tell me your name is just a joke to piss people off, it almost sounds like your just being a dick to stir the pot. And your little 
face thing about not working for free. give me a break how many months of whoreing yourself out did it take before you were deamed sutible to make as much as the kid at Burger King to drive a hoe around. You'll understand what were all talking about when your resume gets deleted and shreded all over this country by professional companies. Who understand that to be a pilot isnt just about Air Time and about the Aprenticeship that Flying really is, This starts out chucking bags/fueling planes wrenching and learning the business. Its unfortunate to hear about Westex being put in this position, as far as atracting the Tofino market all other airlines pull out because when a company fails to pay its crews and maintenance a respectable company can not fairly compete.
Hey Shleb, "subterainian River!"
face thing about not working for free. give me a break how many months of whoreing yourself out did it take before you were deamed sutible to make as much as the kid at Burger King to drive a hoe around. You'll understand what were all talking about when your resume gets deleted and shreded all over this country by professional companies. Who understand that to be a pilot isnt just about Air Time and about the Aprenticeship that Flying really is, This starts out chucking bags/fueling planes wrenching and learning the business. Its unfortunate to hear about Westex being put in this position, as far as atracting the Tofino market all other airlines pull out because when a company fails to pay its crews and maintenance a respectable company can not fairly compete.Hey Shleb, "subterainian River!"
