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gardenshed
7th Apr 2014, 12:09
Greetings All,

Just seen the message that DNATA is selling off Mercator.
Now I will admit I am not a financial genius unless you count buying high and selling low genius.
But I always thought that Mercator was a bit of a cash cow along with the Airline.
So thoughts anyone, is this a financial master stoke or is some of the family silver being sold off to plug other holes ?

Schnowzer
7th Apr 2014, 19:45
EGIT is a disaster and charges most money internally rather than externally so it will have little effect I reckon.

halas
8th Apr 2014, 13:44
The "in-house" software was, is and will always be inferior to off the shelf stuff that everyone else uses.
I agree with trimotor

halas

Capt Groper
12th Apr 2014, 07:39
I thought that Mercator was profitable, why sell a division that makes money. Who's going to take over Group IT? Mercator or is the company looking for a better service?