Originally Posted by
Mitchaa
Well we don’t get to see their financial figures anymore so how is anyone supposed to know?
Given they have just awarded their pilot staff a large 9.3% pay rise up until next year as recently reported, that’s not a sign of a company struggling. They are continuing to announce contract wins and extensions, new hangar builds Introduction of the 189 in Aberdeen.
Where is there any evidence that this leaner debt cleared company are struggling again just 2yrs after Chapter 11?
Honestly I don't think it's anything to be proud of. Racking up a bunch of debt and not being able to service it due to mis-management, and then walking away from said debt. Even if they are doing well now, they screwed a bunch of people over and left a trail of destruction in their wake.
Bristow is about to do the same.