26 MARCH 2012

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Article from BTNews 26 MARCH 2012

Cabair fails again

AERBT has to report that that Cabair International (UK) Ltd has ceased trading.  The Directors have appointed BRI Business Recovery and Insolvency to assist the company in being formally wound up and has convened shareholders and creditors meetings for 27 March 2012.

A CAA spokesman said that Cabair International met all the financial criteria when it applied to the CAA to operate as a flight training organisation.  A request has been made for the student records to be forwarded to the authority.

“Once a student has identified where they plan to resume their training we will forward their records to the new flight school.

The training school hit difficulties late last year when it announced it was going into administration.  Investment was found at the last minute, which meant it could keep its Cranfield operations going.  This has now ceased.

All queries in relation to the company should now be addressed to Marco Piacquadio, BRI Business Recovery and Insolvency, Oak House, Woodlands Business Park, Milton Keynes MK14 6EY. www.briuk.co.uk

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