Thursday, December 1, 2011

David Savy Speaks Out Against Michel On Air Seychelles!!


David Savy

Like many of you I am now more anxious than ever to know what will be the outcome of the re-positioning of Air Seychelles and the consequences of this move. It is a struggle for me not to be emotive or even angry at times but I know from being a trained soldier and Training airline Captain that strong emotions only goes to cloud judgement and leads to bad decisions or skewed judgements.
I appreciate that so many of you and staff are unable to get the full picture because you are not aware of all the FACTS and the real situation is once again clouded by rumours and half truths. This is not right.
Firstly it is very true that the aviation scene especially the European one is a bloodbath and leisure national airlines such as Air Mauritius and Air Seychelles are losing money on European routes.
It is a FACT that HM and ALL the Arab airlines are losing millions on the Seychelles route. Load factors are too low and yields are bad. Not to mention that we have practically no cargo outbound from Seychelles.
We need to understand why HM has got itself in such a situation.
Between 1997 until 2010, or for 13 lucky years the Govt did not ever have to bail out Air Seychelles and as such the airline did not receive a single rupee in subvention.

In 2010 HM received 33 million rupees from the shareholder to go against the purchase of a brand new twin otter which cost around 60 million rupees. This was passed by the national assembly. At the end of the financial year in March 2010 HM had registered a very modest profit of €500'000.
My board and I however warned Ministry of Finance back in 2009 that going forward that Air Seychelles would need huge subventions because it had been announced that Emirates , Qatar and Etihad were to be given daily frequencies after a powerful lobby from many in Seychelles especially the trade. We met with Ministry of Finance and documented our concerns. They called for a number of audits of the company.
There was firstly a Management Audit by PEMD Ministry of Finance, then an audit by Ernst & Young, France requested by IMF followed by a specialist Aviation audit by an American firm named GRA. The findings were shared with HM staff and GRA confirmed that HM was a well run company and no financial irregularities were discovered by any of those audits.

The HM board were told that because of the IMF program not to expect any Financial help. This is when we at the airline went out aggressively to look for acmi charters in 2009. We were successful and we actually had more demand than what we could effectively do. The first was the Falklands in Feb 2010 then the Mozambique, however the Mozambique was to start in April 2011 as we could not start earlier due to crew training etc... From April to November 2010 we had registered a loss of € 4 million and cash-flow was tight . We needed a line of credit from the banks to see us through till the Mozambique charter started. Those loses were expected as EK and QR had doubled their frequencies and our market share was decreasing rapidly. No surprises. Ministry of Finance were concerned that the IMF would not allow borrowings by HM and the board of Air Seychelles was changed late December 2010 and the PS Finance, Mr Afif became the vice Chairman of the board to ensure that changes were implemented and that the airline brought back into profit.

42 comments:

Anonymous said...

Trying to cover his sore arse isn't he now? The pathetic little prick who doesn't have step-daddy to protect him anymore is now attacking the very same people who were his friends not so long ago.

Air Minis

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Numerous post have been deleted by Government of Seychelles.

Anonymous said...

Blocked Blog, ha,ha, ha!

Anonymous said...

He should stand up and tell the truth..not pass the buck.. only cowards and weaklings resort to that.No backbone.. No dignity.. no soul.. just all about himself.

Remember a bus driver is a bus driver.. he does not and cannot run the bus Company..unless qualified to do so.. You are not very sharp .. accept your limitations ..You have done what you have and are in a privileged position because of your mother's involvement with ALbert Rene.. We all know that.. One day you all will answer for your crooked dealings and corrupt practices.. or will you have flown to California before that ..to hideout with the rest of your clan out there in the land of the Yankees that your stepfather hated so much!

Anonymous said...

David Savy is the problem! was the Problem! He is a fool who does the same thing over and over again and expects different results each time.

So he calls himself a trained soldier!! which army did he train in Dad's Army? Now he calls Michel a moron for believing that by removing him things will get back to normal. Michel is a moron for keeping him there all these years until the the airline has been brought to its knees! The kingdom of the blind!!

Anonymous said...

Gouverner c'est prevoir!

Anonymous said...

Se loner mon pa konn naryen dan sa zafer!

Anonymous said...

He is washing his hands .. typical ,cannot face the music as he has always been protected by FAR whose time is over ..almost over..very little his mother can do anymore to influence FAR ..
Then will come Glenny's time and Francis's time too ..to face the music..FAR is not going to live forever, then we will see a change for the good I hope.. and all these dynasties of Adam, Savy, etc..will be wiped out.. whether they are made to face justice and return all they have looted that is will remain to be seen. They need to go so we can start repairing the damage done over 34 years. We can reclaim our dignity as a country even if we will not reclaim what they have so blatantly stolen ..their arrogance at least will be squashed..

Anonymous said...

David Savy has a point .

Michel has been a baffoon in this matter.

Who appointed the Board of Air Seychelles?

Who said Air Seychelles will never close and staff will never lose jobs?

Who is Minister of Tourism Savy?

Who brought in Emirates, QATAR ETIHAD? Savy?

Really people, get a life.

If Savy was doing a bad job, which many of us do believe, who should have fired him?

How many awards did Michel give Savy for doing a great job?

How many annual reports on Air Seychelles held in secret, did they all just clap hands?

Anonymous said...

David Savy has a point .

Michel has been a baffoon in this matter.

Who appointed the Board of Air Seychelles?

Who said Air Seychelles will never close and staff will never lose jobs?

Who is Minister of Tourism Savy?

Who brought in Emirates, QATAR ETIHAD? Savy?

Really people, get a life.

If Savy was doing a bad job, which many of us do believe, who should have fired him?

How many awards did Michel give Savy for doing a great job?

How many annual reports on Air Seychelles held in secret, did they all just clap hands?

Anonymous said...

David Savy has a point .

Michel has been a baffoon in this matter.

Who appointed the Board of Air Seychelles?

Who said Air Seychelles will never close and staff will never lose jobs?

Who is Minister of Tourism Savy?

Who brought in Emirates, QATAR ETIHAD? Savy?

Really people, get a life.

If Savy was doing a bad job, which many of us do believe, who should have fired him?

How many awards did Michel give Savy for doing a great job?

How many annual reports on Air Seychelles held in secret, did they all just clap hands?

Anonymous said...

Seeing David comes out publicly to blast Michel failed and criminal moves speaks for itself.Probably his comments was approved by RENE ,the latter was somehow proud of his acheivement namely creating Airsey,Seychelles hotels,all his efforts destroyed by a blink of an eye by the Butcher.



Time for regime change!

Jeanne D'Arc

Anonymous said...

Michel dug Air Seychelles into a hole and did not tell us it was coming.

That is the bottom line.

David

Anonymous said...

DAVID YOU ARE TO BLAME!! YOU WERE RUNNING THE AIRLINE REMEMBER.QUIT PASSING THE BUCK..YOU< MICHEL AND ALL YOUR SORRY LOT ARE TO BLAME!
WHILE YOU ARE AT THIS START TELLING THE TRUTH AND RETURN ALL YOU HAVE STOLEN. MAYBE THE REST OF YOUR PRIVILEGED CLAN WILL ALSO FOLLOW SUIT..
OTHERWISE JUST GO AWAY ..

Anonymous said...

YOU WANT US TO FEEL SORRY FOR YOU! AS FAR IS ON HIS LAST BREATH.YOU KNOW THE END OF YOUR PRIVILEGED POSITION IS COMING . THAT STATUS YOU LOT HAVE SO ARROGANTLY ENJOYED IS COMING TO AN END.
WHAT YOU WANT US TO BELIEVE YOU! WHO ARE YOU KIDDING!

Anonymous said...

DO NOT INSULT OUR INTELLIGENCE!

Anonymous said...

Guys stop this bickering. We are christians we should forgive and welcome David with open arms if he is ready for regime change. We all have the same goal to remove this buffoon as our head of state. So let's stop attacking each other and find our common ground to work on.

Anonymous said...

David is no fool, he does not want to end up like Saif Ghadaffi.

Anonymous said...

It is much better to recognize one mistakes and ask for forgiveness than ignoring them like most Pp members be it in the government or Assembly are doing just predending not to understand their wrong doings just there t fullfilling their pockets with tax payers money.Those monkeys in governemnt/ASSSEMBLY unlike David will face the full justice and maximum setnences while Savy coming forward will probably save him some few years behind bars .

David should continue making public what he knew,Seychellois have a right to know .

jeanne D'Arc

Anonymous said...

WHY NOW?? Why should he be the one that gets away?? Does not his actions make him traitor to his PARTY!.How do we know he is not doing this out of GREED .DO NOT BE FOOLED! IS that his devious mother always the schemer telling him what to do..

I will be believe he is honest when he returns ALL THAT HE HAS STOLEN AND CONVINCE HIS CLAN TO DO THE SAME!

Anonymous said...

HE IS PLAYING A GAME SO HE CAN KEEP HIS WEALTH AND STATUS. THAT IS HOW I SEE HIS COMING OUT. HAS HE AT ANY POINT OFFERED TO RETURN ANY FUNDS HE HAS STOLEN??

Anonymous said...

HE IS PLAYING A GAME SO HE CAN KEEP HIS WEALTH AND STATUS. THAT IS HOW I SEE HIS COMING OUT. HAS HE AT ANY POINT OFFERED TO RETURN ANY FUNDS HE HAS STOLEN??

Anonymous said...

FAR MUST BE DYING!!!

Anonymous said...

FAR MUST BE DYING!!!

NEXT WILL BE GLENNY AND FRANCIS TO CONFESS??

Anonymous said...

WHY NOW?? Why should he be the one that gets away?? Does not his actions make him traitor to his PARTY!.How do we know he is not doing this out of GREED .DO NOT BE FOOLED! IS that his devious mother always the schemer telling him what to do..

I will be believe he is honest when he returns ALL THAT HE HAS STOLEN AND CONVINCE HIS CLAN TO DO THE SAME!

Anonymous said...

HOW COME NOBODY IS QUESTIONING ALAIN ST. ANGE? IS IT BECAUSE HE IS A CAPITALIST LIKE YOU'ALL AND YOU DON'T WANT TO OFFEND YOUR BROTHERS IN ARMS?

A FREEDOM LOVING SESELWA

Anonymous said...

Alain St. Ange is busy ..travelling around having a good time.. on our expense .. he probably has no idea .about anything.. where is he anyway?planing his next trip to yet another gathering of facts and visiting his appointed Tourisnm ambassadors?

Enjoying life while he can..

Anonymous said...

All those goons once meet Khalifa and gift some millions they all turn mad and live in complete oblivion what the reality is around them:All those goons will be dealt with once Pp topple ,the latter is just amateer of time.

Jeanne D'Arc

Anonymous said...

It is silly to call those highly educated Capitalist goons. I though you guys were out to call a spade a spade. Do we have to wait for the collapse of PP to seek the truth?

A FREEDOM LOVING SESELWA

Anonymous said...

Being capitalists do not make you a saintNo we must not-we in fact must not wait thinking maybe tommorrow or something an expected happen to get rid of Pp,we must force Pp out and bring therm to justice:This our land ,i donot see any reseaons to beleive that a gang of a handful crooks should dictator the criminal will on us.it should be all the contrary,they abide by laws and the will of the people or they would end up like Gadhafi.

When y<ou want someting you must dtrive for it.that is a general rule and Seychellois should start taking to the strrets in order to forced this dictatorship out.

Persoannly i would prefer the use of force with Michel and his goons'Why?Becuase as with Gahdafi ,it will ensure that such a criminal does not benefit form democratic rules which will means spare him from capital sentntce,The best option will be to use force and once arrest him instead of waiting more tax payers money ,judges time,and son to judge a known and most prominent criminal this country has ever known in his short history.And in fact i donot even believe a crookd to the like of Michel deserve a bullet-It is too expensive for a monkey like Him-The best is get him rest his neck on a olg then you just axed his neck straight forward and that without remorse or any emotional feels.

If you noone does have the ugts to axed Michel 's neck i will be voluntary.Just call me.

Jeanne D'Arc

Jeanne D'Arc

Anonymous said...

All the goons will come home to roost on the nest of TRUTH.

Seselwa Unite!

Sesel Pou Seselwa!

Anonymous said...

I was really happy in fact to see David coming forward critizing Michel sell out.He might have been part of the system for long even too long,but hearing a prominent member of the regime coming with harsh words to ihis dear leader is in itself history and it a sign that even within the pp eltes there are internal-conflict(Pp is starting to break down).David should provide DOCS to support his words thus this will help him at least at some point provdes that he opposes Michel move and that under his leadership at the helm of AirSEY things was better until Michel thebutcher came over to sell out very
thing he sees to Arabs.We expect more from Savy on this very devastating to one of our main indsutry not to mention the consequesences of all those employ by the company.

The other thing that deffenciate David between the Butcher is that though he might have been pocketing from the people coffer he seems to have a minimum sense of patritism something the butcher does not and would never have.

Thus the need for regime change.

Jeanne D'Arc

Anonymous said...

Savy has taken over highly profitable Airport (SCAA).

He has dumped Air Seychelles.

Now he will clean up the money at the airport.

How stupid can Michel be?

Savy is right. Michel is an idiot.

Anonymous said...

David must come out as he did recently and provide us with more INFOS of how things work under hie leadership and of how Michel impede Airsey sucess to favored Arabs Airlines.it seems to me,that Savy feels that he diid the right things during his tenet andhave nothing to hide,else we would have sut up his mouth and just enjoy all his perks.I think has something to say or at least wants us to know that if Airsey was bankrupted is not his fault but that of the butcher act.Well,i think we must give him the benefit of doubts and allow him to come forward to expalin himself.

Jeanne DArc

Anonymous said...

Zot be oli Pissed Off?? Nou pa war li ditou lo sa deal David Savy. Ou pe protez oum ti boy mon frer?? Ti FRANS TI FRANS Ou mem lasours tou no soufrans...

Anonymous said...

Grammatical errors by Goostav Comarmon!

GC: Wot a shame at the entrance to the 'La Bastille Gardens', Union Vale!

Correction: Wot a shame when you look at the entrance of 'La Bastille Gardens' in Union Vale!

GC: This damaged signboard has been in that state for months, if not years!

This damaged signboard has been in that state for months, if not years!

GC: The Ministry & Ministers
concerned have changed names & portfolios...still nobody has bothered to replace it!

Correction:The Ministry & Minister
concerned have since changed personnel, name & portfolio but it seems nobody is bothered to have it replaced!


GC:'La Bastille Gardens' & its monuments are well frequented by locals & visitors alike!

Correction: La Bastille Gardens is a place well frequented by locals & visitors alike!

GC: How long will we keep them guessing the contents of the first half of this signboard?

Correction: How long can we keep visitors guessing the contents of the other half of the signboard?

GC:At least we can tell it opens till Friday & not later than 4pm! How much does a replacement cost?

At least we can tell it opens till Friday & not later than 4pm! How much does a replacement cost?


GC: Time for those lazy bums to get out of those aircon posh offices & carry out more site visits please

Correction: It is time for those lazy bums to get out of the comforts of posh air-con offices & carry out more site visits, please!

&...DIL AVEK!:)
=======================
Goosetave, stop making a fool out of yourself man! Clandestinely, go attend private evening classes and learn your English grammar before writing garbage to make intelligent people like Mr Savy laugh at you!
Don’t blame Mr Michel if he still hasn’t chosen you to sit on one of those boards especially to get you brush shoulders with the Savys on one of them, he probably knows your capacity and for sure that’s the main reason for leaving you behind. Don’t blame Danny too, for he’s done what he can for you.

It appears you would have preferred the sort of job Ralph is in. But Goose’tav Kaka gran noir, mouss pa apoze. Tigarson KI DIL? Leave us SPUP alone, stop antagonising us!

Anonymous said...

Gustave has a right to express his opinion!

NO ENGLISH NOT SPEAK

The guy is making a positive criticism on an issue of neglect in the Seychelles; He is not writing plays for the British aristocrat.


Are you trying to tie freedom of expression to literacy?

Is the British patois (English) a requirement for being a "Bona Fide" Seselwa? :)

A FREEDOM LOVING SESELWA

oakleyses said...

chanel handbags, gucci handbags, tiffany jewelry, jordan shoes, polo ralph lauren, christian louboutin shoes, christian louboutin outlet, oakley sunglasses, kate spade handbags, oakley vault, prada outlet, nike free, louis vuitton outlet, coach purses, coach outlet, kate spade outlet online, louboutin shoes, coach outlet, polo ralph lauren outlet, coach outlet store online, nike shoes, michael kors outlet, louis vuitton, longchamp handbags, michael kors outlet online, michael kors outlet store, longchamp outlet, michael kors outlet online, louis vuitton outlet online, tiffany and co jewelry, burberry outlet online, nike air max, prada handbags, louis vuitton handbags, michael kors outlet online, longchamp outlet online, cheap oakley sunglasses, ray ban sunglasses, michael kors outlet online, tory burch outlet, burberry outlet online, red bottom shoes, nike air max, louis vuitton outlet, ray ban outlet

oakleyses said...

ray ban pas cher, longchamp, longchamp pas cher, burberry pas cher, nike roshe run, sac louis vuitton, tn pas cher, hollister, nike free pas cher, sac michael kors, coach purses, michael kors uk, oakley pas cher, louis vuitton uk, nike air max, sac vanessa bruno, mulberry, nike free, scarpe hogan, true religion, true religion outlet, vans pas cher, north face, true religion outlet, ralph lauren, chaussure louboutin, air jordan, converse pas cher, hermes pas cher, louis vuitton, nike blazer pas cher, lacoste pas cher, louis vuitton pas cher, air max, nike air force, lululemon, guess pas cher, hollister, ralph lauren pas cher, timberland, michael kors canada, ray ban uk, air max pas cher, new balance pas cher, nike air max, north face pas cher

oakleyses said...

asics shoes, rolex watches, ugg outlet, new balance outlet, north face jackets, mac cosmeticas, valentino shoes, jimmy choo shoes, bottega veneta, barbour, nike roshe, birkin bag, p90x workout, nike trainers, celine handbags, roshe run, ferragamo shoes, hollister, beats headphones, nike huarache, reebok shoes, soccer shoes, ugg soldes, instyler ionic styler, insanity workout, north face outlet, marc jacobs outlet, soccer jerseys, uggs on sale, giuseppe zanotti, abercrombie and fitch, longchamp, mcm handbags, vans outlet, ugg, lululemon outlet, nfl jerseys, abercrombie and fitch, wedding dresses, uggs outlet, chi flat iron, mont blanc pens, babyliss pro, ghd, herve leger

oakleyses said...

baseball bats, supra shoes, canada goose outlet, montre femme, juicy couture outlet, canada goose, louboutin, gucci, canada goose pas cher, timberland shoes, replica watches, wedding dress, canada goose outlet, vans, ugg, moncler, iphone 6 case, lancel, air max, moncler, ray ban, uggs canada, karen millen, juicy couture outlet, moncler, moncler, converse, moncler, coach outlet, converse shoes, canada goose outlet, nike air max, hollister, canada goose uk, moncler, ugg boots, oakley, moncler outlet, hollister canada, louis vuitton canada, hollister clothing, canada goose, ralph lauren, canada goose, parajumpers outlet, toms outlet