Old 7th May 2019, 21:04
  #57 (permalink)  
WannaBeBiggles
 
Join Date: Mar 2006
Location: On the water
Posts: 602
Originally Posted by industry insider View Post
The Bristow Financial Year ends in April. Between April 2017 and April 2018 (latest figures not yet available) Bristow (mostly) and Air North lost $31,776,293 between them in Australia alone.
From memory AirNorth accounted for less than $2mil of that loss, roughly the cost of only one second hand CF34-8E from the sandpit. How many new engines did AN need in the last FY? So if it weren't for that, it wouldn't be a stretch to argue the company is a profitable entity..

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