Originally Posted by
Mitchaa
I suspect Bristows will have similar protection measures in place so that regionalised entities would survive and it would be the parent company that would take the brunt?
That appears to be the company line from U.K. management today in the round robin that some stakeholders got verbally today.
Other ‘highlights’ are of course it’s business as usual, plenty of money in the bank, engines were in the wrong place which meant lenders were not happy (?), a plan to move debt around on the balance sheet and although not quite saying it, suggesting that the accounts issue might not be as bad as it sounds.
I guess it might keep some happy for a while.