Celtic Helicopters

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C152
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Celtic Helicopters

Post by C152 »

Article in yesterday's times saying the company is looking for new investment due to mounting losses, will this Haughey also go under :mrgreen:
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Cosmic
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Post by Cosmic »

It said they something along the lines of a 40,000 Euro profit last year. If that is true you would wonder why they bother wouldn't you? I mean if they sold everything and just put the money in the bank they would earn more then that. What is it about Aviation and people pouring in good money after bad?
We who fly do so for the love of flying. We are alive in the air with this miracle that lies in our hands and beneath our feet.

— Cecil Day Lewis
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C152
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Post by C152 »

The creditors would then be able to get what their owed from this money and both directors have guaranteed loans personally so they could loose their shirts.
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bolkow
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Post by bolkow »

Celtic have always posted modest profits, maybe I am too cynical but for soem reason I always assumed it was creative accounting?
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budgie
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Post by budgie »

Both pilots now given in their cards. Wonder what the future holds now?
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Sticksforward
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Post by Sticksforward »

How can they say their not making money charging ?200 per landing for the Racing at Punchestown? Someones making money :idea:
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Lofty
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Post by Lofty »

Are both 109s now not flying? How many pilots do they now have with the 2 jumping ship.
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budgie
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Post by budgie »

One 109 just holding itself together. No pilots unless you count Haughey.
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C152
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Post by C152 »

What about Barnacle
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budgie
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Post by budgie »

How old is he?
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pensive
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Post by pensive »

Past the big 60 so no Public Transport single pilot, thats for sure. Have been told that several pirvate machines maintained there have departed for other JAR-145 bases. I await correction if wrong. Are they running something for the WRC in November? This does slightly concern me as the Punchestown charges were quite high.....
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budgie
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Post by budgie »

No correction from here - also heard the same. Overpricing, staff and customers fleeing. Oh dear.
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K Byrne
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Post by K Byrne »

Overpricing is right.. taken from a posting on PPRUNE Oct 06 ref Ryder Cup.

What did you think of the costs. For a A109 ?300 to land, ?150 to park and ?100 surcharge if you wanted fuel and then charged a heafty ?1.10 per litre.

And the guys at Baldonnel did all the work. :twisted:
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Jimbo
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Post by Jimbo »

Why not check the prices to land at any of the events in the UK? As regards fuel, if its too expensive dont buy it. Would it work out cheaper to re-position?
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