Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Mike Pero re Origin Pacific

Friday 11 August 2006

A copy of a memo from Mike Pero re Origin Pacific.
This sets out Mike’s intentions, which are to purchase the freight business as separate company.

Sent: Friday, 11 August 2006 3:29 p.m.

To: Robert Inglis; Greg Rudings; Howard Clentworth; John de Vries; Wayne Christie
Subject: Rescue of airfreight business


Firstly I am saddened to hear that our airline has almost come to the end of the line. I know everyone has done their best. My thoughts are with you at this time.

As I understand the airfreight part of the business (if isolated) is profitable.

I write to express my interest in purchasing this part of the business while it still has some value. From today the value of this division will diminish on a daily basis UNLESS something is done immediately to assure customers otherwise..

I have met with Wayne Christie (the Freight manager) and while I am on business for another company in AKL today.

In brief I believe I am in a position to:

- Take on the role of CEO/major shareholder
- Purchase the freight operation if all parties agree including QF / JC and Chatham’s
- Satisfy airline creditors that this is a wise move – some money rather than none
- Retain some staff
- Retain some dignity for current shareholders/directors
- Provide a seamless transition for customers and staff
- Provide long term security for all involved

If this is communicated to the current customers I believe it could help preserve the current database of customers. This memo is NOT confidential and I intend to make my intentions public.

I would expect to complete DD by 6pm Tuesday evening.

I await your immediate response.




© Scoop Media

Business Headlines | Sci-Tech Headlines


Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>


CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>


Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>


Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>