Time now for all us Wiggins watchers to move with the times and start using Planestation, the new company identity. The name Wiggins Group plc has now disappeared from the database at Companies House and Planestation is now listed on the LSE website.

So fellow travellers, forget Wiggins, the name of the game is now PLANESTATION. Lets hope it goes like an express train.

Planestation Group says not aware of reason for share price increase
AFX


LONDON (AFX) - Planestation Group PLC said it is not aware of any reason for the recent increase in its share price.

In a statement, the company said as announced last month, it is continuing to negotiate the sale of certain assets to fund the expected shortfall in the cash requirements of EUjet.

newsdesk@afxnews.com

BA or maybe BAA buying PTG "on the cheap" would make a lot of sense siince the clowns running PTG, appear not to have one set of matching uniforms between them. You could argue that only a few people live close enough to use KIA - but there are quite a few of them - also, it would be possible to do deals with the smaller Regional Airports, such as Bournmouth, Newcastle (tyneside) maybe so that passengers could benefit from lower fares to their "long-haul" destinations. Also they'd not need to fly to Heathrow, thereby reducing airport fees and by grouping passengers. I'm sure this is what happens already (using Heathrow) but it matters little "where" the grouping is done, provided the long-haul planes can get in and out.
Maybe that's KIA's problem - as soon as they get successful they are too busy. (Is it a single runway - or at least restricted in plane movements).?
PTG Management has been economical with the truth for a long time IMHO, but not economical enough with their spending plans. The poor location and time of the AGM is the real pointer. The sp just tells it as it is.... D.I.R.E.

BAA could buy this oufit out and wait until the site's value makes it viable. In the meantime they have an alternative "emergency" airport, maybe for checking/training pilots whose credentials are somewhat unknown. By buying it they would eliminate the possibility of a rival operator, maybe the French would like
to put in a bid. (whoops!)

Suspicious that they responded so quickly to the price rise...there was no need for that in normal circumstances.Don't trust this lot one bit.
Interesting theories,Hangon.By the time they have sold all their assets they won't have a runway left.
Beats me why they decided on yet another low-cost airline,especially with rising fuel prices and terrorism.Should have developed their airports differently.
Ethel

SUSPENDED.....the banks have had enough.Oh well,it had to happen.

All

I know several people who have links with the airport , and the whispers and yes they are only whispers that BA could be interested in purchasing the airport L, S and barrell, BA are rumered to be looking to relocate cargo movements from Stansted, so what an opportunity, the airport has its own new boarder check in place the basic infrastructure is also their!!
The airport has always had potential so why not utilise it (and not for housing)

G12

Makes you wonder if the price was hiked last week to lure in some buyers so the institutions can dump some stock.

Shit happens!!!!

Planestation Group PLC
26 July 2005


PlaneStation Group PLC ('the Company')

Appointment of Administrators

The Company regrets to announce that following yesterday's announcement that its
bank was no longer able to support it, Grant Thornton have been appointed as
administrators to the Company. At this stage the Directors do not anticipate
that the administration will result in any return to equity shareholders.

Dear Customer,

Following developments in the last forty-eight hours and due to circumstances beyond our control, EUjet with deep regret wish to inform you that with immediate effect the airline has ceased all operation and flights.

Your booking will be refunded by the appointed adminstrator to your credit card as soon as possible.

Details of the appointed adminstrator will be posted here on Thursday 28th July.

From all the staff at EUjet we regret any inconvenience and distress this has caused and wish to thank you for your support.

Yours sincerely,
The EUjet Team

Not good news for share holders but perhaps for the future of the airport a company with a good business sense may step in.

G12

Not good news for share holders but perhaps for the future of the airport a company with a good business sense may step in.

G12

Why not Golfclub, nice piece of tarmac and after all the grass will need cutting :-)

Shit happens indeed!

For those who may be interested in what has happened to Manston since the sale,

http://www.kia-m.com/index.asp