Originally Posted by
DOUBLE BOGEY
I agree with Phone Wind. What the hell happened to "I earn X, so I spend Y". 2 of the biggest helicopter operators in the world have trashed their finances during a time over the last 15 years when it was not difficult to make a profit. Granted the last few years have been hard but where did all that money go that was earned while the sun was shining?
The hugely expensive and opulent corporate office in Houston would certainly have accounted for a fair proportion of Bristow's revenue.
Senior management seem to think that Bristow was a multi billion $ international airline and spent accordingly.