charlie1965
Joined: Jun 2009
Posts: 6874
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Edit this post 23 Nov 2011 23:32:23 GMT Report for Abuse
Before that...they must appoint a good management with a proper strategic planning to Mihin air....
How long it will take? This problem with Mihin from the day one and MR.R knows.
Several years ago during the war time, Mihin air needed Cargo plane for WET LEASE from Russia or Ukraine AN-12. Middle man a Srilankan business man made contact the owner of a AN-12 in Ukraine.
Ukrainian owner gave price for Wet Lease US$730 per hour minimum 90 hours per week must pay whether you use or not.
Later they received from Mihin Air draft contract asking to write in contract Wet Lease is US$1150 per hour....etc. But they will make US$730 per hour payment from a Singapore company. So, to whom that extra US$420 per hour? Only God knows. Even after Ukrainian company sent commercial VISAs for four (Mihin Air) to visit Ukraine and inspect the plane, the owner contacted me.
I advised owner to not to go with Mihin Air because when I checked Mihin credit record, I still remember they owed lease money to Turkish Company more than 8 moths lease money for their passenger plane.
Thanks, owner in Ukraine paid me my consultant fee.
(BTW, I have still some e-mail communications....saying Signing officer for Mihin Air is in Singapore for sickness..getting treatment there and will back....day etc.)
I know some will say this was a fabricated story. But I 'm telling to those that I do not care whether you believe it or not.