Originally Posted by
Chris2303
Private equity company = asset stripper = closure
People need to remember that the Cobham's Australian ops rely exclusively on contract work, some of which extends as far as the middle of the next decade. It wouldn't be in Advent's best interest to shut shop as they would ultimately be responsible for any termination clauses in Cobham's contracts. It will be sold and more than likely folded into another airline, but shut down? Not if Advent wants to make money from it.