Tayside Aviation administration update after collapse
The administrators appointed to Tayside Aviation after its collapse in April have now published a progress report detailing their work on the recovery and sale of Tayside’s assets and the dispersal of funds to the company’s creditors. While indications are that secured creditors will get some if not all their money back, the news for unsecured creditors, which include those customers who had paid upfront for pilot training programmes,...
ACS acquires former Tayside sim
Perth Airport based pilot academy ACS Flight Training has agreed a deal to purchase the ALSIM ALX flight simulator formerly owned by Tayside Aviation. This comes after administrators have revealed that they are investigating financial moves made by the school’s owner in the run-up to its collapse. Having failed to achieve a sale of the school as a going concern, the administrators of recently closed flying school have been selling...
Tayside Invest in Alsim ALX
Flight training organisation Tayside Aviation has made a £300,000 investment in an Alsim ALX simulator, which is is part funded by a £80,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise. The new simulator allows pilots to simulate small twin engine aircraft, as well as medium range jet transport. Now certified for training by the Civil Aviation Authority (CAA), the simulator will be used by students taking part...
