RSS Enterprises, the new owner of Ocean Sky Group's engineering and fixed-base operations, says its is focused on regaining customer support and trust that it fears has been tested following the collapse last month of Ocean Sky's management, charter, sales and brokerage divisions.
Ocean Sky Group called in UK financial advisory firm Duff & Phelps in early September to liquidate the operating companies. The process is expected to be complete by early next year.
"The company traded well beyond its means for a long time," says Eddie Allison, a former Ocean Sky executive who has been appointed by RSS to run the Jet Centre and Aircraft Engineering businesses. "We have moved on. The businesses have been rebranded [under the RSS banner] and we are running both entities effectively and efficiently across our bases in Manchester, Luton and Prestwick." The company also has two FBOs in Spain, which under Spanish law it is unable to rebran Allison says.
The privately owned Cypriot company says it will look to expand its operation in due course. "We will use the next 12 months to get our house in order," Allison says. "Then we will take a controlled and measured look at new market opportunities."