Cyprus-Forum.com

[kurupetos]

[DT.]

More accusations from Cypriot Politicians;

"they made the ridiculous claim that the CA Pilots had a Tameio Proionias net worth of 980,000,000. About a Billion!!!

DT, can you please confirm from your Minister of Transport Friend?

which idiot said that?

[supporttheunderdog]

I don't agree DT. The RoC lost big time and the airline could have been saved.

Maybe about five years back before AKEL blew it big time with illegal aid.

However for all of the pundits saying it could be saved i never saw anything beyond the vaguest of aspirations as to how...

I don't know why the Pilots didn't take over. maybe it had something to do with the reasons why an Australian and Canadian company ran away after their first consultations. they couldn't get rid of people because most were appointed by Government.

Yes,,,, much of the staff.

Your comment here however is perhaps an indication that contrary to your first CY was beyond saving.

Once the aid payments were challenged and against the background of MALEV the propspect is that barge-poles were not long enough.

[Paphitis]

I don't agree DT. The RoC lost big time and the airline could have been saved.

Maybe about five years back before AKEL blew it big time with illegal aid.

However for all of the pundits saying it could be saved i never saw anything beyond the vaguest of aspirations as to how...

I don't know why the Pilots didn't take over. maybe it had something to do with the reasons why an Australian and Canadian company ran away after their first consultations. they couldn't get rid of people because most were appointed by Government.

Yes,,,, much of the staff.

Your comment here however is perhaps an indication that contrary to your first CY was beyond saving.

Once the aid payments were challenged and against the background of MALEV the propspect is that barge-poles were not long enough.

The Government ran down CA. The problems started from 2000 and onwards and I will be happy to illustrate every single Government initiated f@#k up that resulted in the closure of CA.

The problem is, the Government has thrown a lot of mud towards the Pilots, and sadly the people have believed them. Even recently, a Government source was ridiculing the private wealth of the pilots - all 60 of them to have a Tameio Proionies valued at nearly 1 Billion Euros.

The problems eluded to above are as follows:

1) on 18/4/2002, CA (Gubberment) established a company called Agrino Leasing based in Dublin. This company leased 2 Airbus A319 aircraft (5B-DBP and 5B-DBO) in excess of market rates. Why this deal was done is a mystery and questions must be asked why CA was not allowed to lease direct from Airbus or buy the aircraft outright.

2) on 1/7/2002, the Government forms a second company (Hellas Jet) which was 75% owned by CA. The Government highlighted strategic interests as its reason for forming this company. The Result was over 133 million Euros in losses to CA.

3) in 2002, CA sold its 4 Airbus A310. The aircraft were sold subject to C-Checks being done. Each day delay resulted in a fine to CA. The airline ended up paying in order to "sell" these 4 aircraft.

4) on 10/12/2002, CA gets delivery of 2 Airbus A330 (5B-DBS and 5B-DBT). The idea was that CA was to commence Trans Atlantic routes from London to New York. The longest route these aircraft ever flew was Larnaca to London. These aircraft were leased at 1 million euros per month. This price was 220,000 over par international leasing rates at the time. Who made that decision and why?

5) In 2002, Eurocypria, went from an all Airbus fleet (aircraft were leased from CA) to an all Boeing Fleet. In 2003, 4 x B737-800 aircraft were delivered to Eurocypria. This resulted in all CA Pilots requiring the B737-800 type rating. An expense costing the airline up to 50,000 Euros per pilot.

As you can see, there are serious issues here that the public need to be aware of.

All of the above were not decisions any of the Pilots could make. They were decisions taken by the Government.

[Paphitis]

I don't agree DT. The RoC lost big time and the airline could have been saved.

Maybe about five years back before AKEL blew it big time with illegal aid.

However for all of the pundits saying it could be saved i never saw anything beyond the vaguest of aspirations as to how...

I don't know why the Pilots didn't take over. maybe it had something to do with the reasons why an Australian and Canadian company ran away after their first consultations. they couldn't get rid of people because most were appointed by Government.

Yes,,,, much of the staff.

Your comment here however is perhaps an indication that contrary to your first CY was beyond saving.

Once the aid payments were challenged and against the background of MALEV the propspect is that barge-poles were not long enough.

I believe CA could have been saved, but it seems apparent to me that the Government didn't want the airline to be saved. There are rumblings that there are conflicts of interests with Aegean and Ryanair.

The Pilots also do not believe the Government will be able to set up a private airline because Aegean and Ryanair look poised to take over the capacity and once they got that, any potential private investor will have rocks in his head to invest in an airline competing against these LCCs.

But in any case, if the Government was serious about "selling" CA, they could have. There was a lot of interest from Australia and Germany apparently with cheques at the ready. If that failed, they could have given the airline away to a major - QANTAS, Singapore, Etihad, Emirates, Air France, Lufthansa etc etc.

These companies could very well take over because they get the very valuable AOC, and that allows them to create a nice little hub and have a great little feeder airline in their network.

Many decisions could have also been made back in 2000. CA should have been split into 2 companies. There should have been Cyprus Airways with 6 aircraft catering to the full service business market and 4 aircraft could have been leased to the second company (owned 100% by CA) which would be a LCC. They decided to get a little too fancy however with Eurocypria which went to an all Boeing fleet.

The fleet should be either all Airbus or all Boeing. switching to Boeing completely would have been a good move. Boeing aircraft are more reliable and cheaper to run but they do have higher set up costs.

[Paphitis]

Hey DT, is big ears on the left your mate? Is he the decision maker?

Meanwhile Qatar Airways has sent a recruitment roadshow to Cyprus with the aim of employing all CA Pilots.

They are offering 17,000 Euros per month.

They also offer free medical and health care, plus private tuition for their kids up to the value of 30,000 Euros per year.

What's this I hear about highly paid CA Pilots? Biggest bullshit I've heard ever!

In the end, Cyprus loses big time.

[DT.]

nice picture

[CBBB]

Meanwhile Qatar Airways has sent a recruitment roadshow to Cyprus with the aim of employing all CA Pilots.

They are offering 17,000 Euros per month.

They also offer free medical and health care, plus private tuition for their kids up to the value of 30,000 Euros per year.

So that's the pilots sorted then, now they can stop whinging!

[Paphitis]

Meanwhile Qatar Airways has sent a recruitment roadshow to Cyprus with the aim of employing all CA Pilots.

They are offering 17,000 Euros per month.

They also offer free medical and health care, plus private tuition for their kids up to the value of 30,000 Euros per year.

So that's the pilots sorted then, now they can stop whinging!

Hold your horses CBBB!

Some pilots might not be willing to move to QATAR or Saudi Arabia to fly for their subsidiaries. But those that do go, will take their families with them in all likelihood = brain drain. But that's ok, you still have Harry and Lazy eye Averoff!

And there is something else to consider. Cyprus no longer has a national carrier. They shut one of the best and safest airlines down.

[CBBB]

Some pilots might not be willing to move to QATAR or Saudi Arabia to fly for their subsidiaries. But those that do go, will take their families with them in all likelihood = brain drain. But that's ok, you still have Harry and Lazy eye Averoff!

A CY pilot I know saw the writing on the wall and left 2 years ago to work for Saudia, he didn't take his family with him, neither did the Eurocypria pilot I know who went to work in Qatar when they closed down.

And there is something else to consider. Cyprus no longer has a national carrier.

I don't get this thing about a National carrier, does Spain, (Iberia belongs to BA), does either Holland or France (AF & KLM are one company)? Down under you have your wonderful QANTAS, so what?

BTW QANTAS stands for Queers And Nymphomaniacs Traveling After SEX![/quote]

They shut one of the best and safest airlines down.

The first part is a matter of opinion, the second is a matter of record.