PPRuNe Forums - View Single Post - UK SAR 2013 privatisation: the new thread
Thread: UK SAR 2013 privatisation: the new thread
View Single Post
Old 18th Apr 2019, 19:38
  #2717 (permalink)  
Self loading bear
 
Join Date: Jun 2014
Location: Netherlands
Age: 54
Posts: 3,185
Received 10 Likes on 9 Posts
I think UK SAR is the only thing of real value in Bristow.
A long contract with guaranteed revenue.
Almost all other contracts (offshore) have a 90 day clause.

I expect the UK SAR contract (with AOC) will be sold off.
The fact that they have not yet turned to Chapter 11 is a sign that they have not yet found a buyer.

The rest is then up for grabs.
Self loading bear is offline  
Reply