Paphitis wrote:RichardB wrote:Paphitis wrote:RichardB wrote:
FFS Paphitis wind yet neck in..
DT never said he was responsible for setting up Cobalt. He said he was on the board to secure funding. Something quite normal in business. Even I when setting up restaurants I employed a specialist to secure funding as they know the best places to look and get the best possible rates this is normal business practice.
You said that the backers were a company called Glencore . A 5 minute search on the internet proved you wrong and that the main investors were Chinese. ( this has in fact now been reported in many newspapers) but oh no you know better.
Also of course a CEO Can be fired
No wonder people are taking the piss.
And GR was right even in the face of overwhelming evidence you will never admit you were wrong
No I admit I was wrong. The company was owned by Chinese Interests when it went down.
But that wasn't the case in the beginning. I suggest you keep doing some internet searches.
The Chinese did not form Cobalt or own it from day 1.
Here you go. One of the principal founders of Cobalt was a chap by the name of Michael Hayden. A British Airways and QANTAS executive.
https://cyprus-mail.com/2015/12/24/72116/
These guys were involved in over 20 airline start ups world wide. In other words, Cobalt wasn't their first.
https://www.routesonline.com/news/29/br ... or-cyprus/
Other people involved were Andrew Pine. Another Australian who was involved with Cathay Pacific and Dragonair.
And Paul Kelly who was the first CEO of Cobalt who was also the CEO of Qatar Airways owned Saudi Subsidiary Jazeera Airlines and Dobrolet. This is the guy DT has claimed got sacked and had his Russian Office raided.
https://www.cyprusprofile.com/en/articl ... ed-airline
Why are you bringing up people who were there in the beginning?
Apart from you no one has brought up who was there "at the begining"
It was about who the investors were at the end.
Also please show me where DT said he was responsible for setting up Cobalt as I can't seem to find it.
A link would also be appreciated to "legislation"? Which decrees a CEO cannot be fired.
he said it here:DT. wrote:Paphitis ffs!...stop bullshitting!! AP was fired. I served on their fucking board for 6 months I know!
And the investors were Chinese. Full stop.
AP must be Andrew Pyne. He wasn't even the CEO. The CEO was Peter Kelly not Andrew Pyne.
Yet it was Andrew Pyne that was somehow sacked when he wasn't even an employee. This is what DT said.
I am asking for evidence. I don't care whether you think CEO's can be sacked. Fact is, the main players and backers can't be sacked unless they had a rift between themselves which doesn't seem to be the case.
https://www.cyprusprofile.com/en/articl ... ed-airline
Surely it aint that difficult. If people are going to make the claim of CEO sackings and Russian Office raids, they can also provide the evidence.
I am not disputing that Cobalt is Chinese owned. Fair play. It is owned by a Chinese company and was owned by them for quite some time. But for the first few months, it was Australian owned before they all bailed out. It was these Australians that founded Cobalt and got an AOC and they flogged the company off.
What they did is set up a business, got an AOC, leased 2 A320 aircraft and sold the company in the nick of time and fucked off into the sunset. They probably thought they lost the plot and realised Cyprus is not the place to conduct this kind of business.
Andrew Pyne was CEO Cobalt for leaving 1 month after the airline started operations
Yes DT was on the board in a capacity to secure funding. He has himself said he had no responsibility in obtaining AOC let alone setting up the company.
Keep on digging
