Originally Posted by
Blitzkrieger
There are several parts to Cobham Australia, I would suggest Advent will hold onto the profitable part(s) and let the rest go. Surveillance and SAR are government contracts (pretty safe), the Regional operation seems to be self sustaining (also pretty safe). That leaves Airline, QF won’t let that go without significant oversight of its operation. Take that however you like.
What part of Cobham Australia do you suggest is profitable?
Border Force ending in 2 years, SAR loss making as the bid was half everyone else's, rumours Qantas is looking for people to develop B717 courses with only limited life left in em anyway and regional only very small. Be great to understand why Border Force or SAR would be retained? Safe for staff yes, safe from sale.....no.