Placo closes down

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jimdavis
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Re: Placo closes down

Unread post by jimdavis » Tue Oct 30, 2018 10:28 am

bosvark wrote:
Tue Oct 30, 2018 10:01 am
Was/is the owner of Placo not the chair/president of Aero Club?
Not that I know of. Which owner?

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Re: Placo closes down

Unread post by Whirly » Tue Oct 30, 2018 10:50 am

I know Jeff Earl owned Placo at some stage but I thought he sold it? :?

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Re: Placo closes down

Unread post by Ugly Duckling » Tue Oct 30, 2018 11:21 am

A number of years ago it was owned by past AeroClub chairman Jeff Earl. Then sold to NAC and then someone else.
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Re: Placo closes down

Unread post by Fransw » Tue Oct 30, 2018 11:31 am

I see Placo's website is also 'temporarily unavailable'..
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Re: Placo closes down

Unread post by jimdavis » Tue Oct 30, 2018 1:03 pm

Did Jeff Earl own it entirely? Or was he managing it? Or both?

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Re: Placo closes down

Unread post by Alan Evan-Hanes » Tue Oct 30, 2018 1:32 pm

As always there is much more to the story. Apparently Piper forced each of its official distributors to take a pre allotted number of aircraft for sale. Despite pleas that they could never sell these aircraft in the current market thier hand was forced. Eventually they sold it at a material loss just to get some cash in the bank. I believe it was a victim of a changing market which was contracting but regulations demanded more costly paperwork at a time when anyone can buy any part off the internet without the costs of official audits, inventory that did not sell and rent. Very sad.
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Re: Placo closes down

Unread post by Lood » Tue Oct 30, 2018 2:32 pm

I would've shown Piper the middle finger then and close shop while I still had something to show, instead of carrying on (to please Piper) way past the point of no return...
Why would they have themselves knowingly forced into an impossible situation by the manufacturer?
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Re: Placo closes down

Unread post by Jel » Tue Oct 30, 2018 2:37 pm

Alan Evan-Hanes wrote:
Tue Oct 30, 2018 1:32 pm
As always there is much more to the story. Apparently Piper forced each of its official distributors to take a pre allotted number of aircraft for sale. Despite pleas that they could never sell these aircraft in the current market thier hand was forced. Eventually they sold it at a material loss just to get some cash in the bank. I believe it was a victim of a changing market which was contracting but regulations demanded more costly paperwork at a time when anyone can buy any part off the internet without the costs of official audits, inventory that did not sell and rent. Very sad.
Probably much more to this too... they did maintenance which by some indications was not up to scratch... as PLACO did they have to continue as "Piper" only or could they have simply let this agency go and continued in other areas, possibly getting other agencies... cannot believe that this was the sole reason for their closure... perhaps a little convenient...
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Re: Placo closes down

Unread post by WILDTHING » Wed Oct 31, 2018 8:41 am

Hey I see ZS-LKM standing in the hangar.

I sold that Navajo about 11 years ago and had that paint scheme done as well as the interior and avionics upgrade done during my time at PLACO.

Another part of our aviation history gone.

Pierre
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Re: Placo closes down

Unread post by Jel » Wed Oct 31, 2018 10:34 am

Yes but we now have the Sling and Jonker amongst others 8) New history being created...

Looking back some large companies have gone (Rossair for instance), some have changed hands (Execujet), others are smaller (NAC?)... some have grown (Airlink), other new ones (Safair LCC, Absolute etc)... things have certainly become more corporate and definitely GA needs some new blood... NTCA must be filling the space somewhat... :wink:
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Re: Placo closes down

Unread post by Steve » Wed Oct 31, 2018 3:43 pm

Jel wrote:
Wed Oct 31, 2018 10:34 am
Yes but we now have the Sling and Jonker amongst others 8) New history being created...

Looking back some large companies have gone (Rossair for instance), some have changed hands (Execujet), others are smaller (NAC?)... some have grown (Airlink), other new ones (Safair LCC, Absolute etc)... things have certainly become more corporate and definitely GA needs some new blood... NTCA must be filling the space somewhat... :wink:
With the likes of Jabiru and Savannah Africa also doing extremely well - despite the recessionary climate. I believe that Jabiru SA also exported over 20 brand new aircraft to the overseas market during this year. =D>
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Re: Placo closes down

Unread post by Jean Crous » Wed Oct 31, 2018 7:48 pm

There are also the following , Rainbow Skyreach with the Bushcat, Kitplanes for Africa with the Explorer and Safari, and the Cubby Aircraft Factory with the Cubby MK2. RAF gyrocopters, Whisper Aircraft, TAF with the Sling . All these can fill a unique gap of their own. Times surely are a changing.......
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Re: Placo closes down

Unread post by Jel » Thu Nov 01, 2018 10:23 am

Also Savannah 8) There is still a lot going on... me thinks that Placo could/should have, adapted...
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Re: Placo closes down

Unread post by kudu177 » Thu Nov 01, 2018 2:59 pm

PJL wrote:
Mon Oct 29, 2018 2:46 pm
Who ever thought that Kodak would ever fold!! The world is changing at a rapid pace and if you are unable to Keep up you are a gonner!!!!

PJL
And yet, and yet ... You can still buy colour negative cine film for Super 8 film cameras, made by Kodak from the stock they produce for Hollywood.

Many directors still shoot on 35mm film, despite its many challenges. And I believe all films are archived on 35mm film So there's life in the old dog yet.

Back to the Piet's Cubs: I wonder how many of them are still around?
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Re: Placo closes down

Unread post by Fransw » Fri Nov 02, 2018 11:37 am

...but they still advertise in the SA Flyer! I'm confused now. :?

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