PPRuNe Forums - View Single Post - CHC LLC purchases Babcock
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Old 23rd Feb 2021, 12:50
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roundwego
 
Join Date: May 2001
Location: UK
Posts: 312
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Why would CHC sell the only part of their operation which generates a significant amount of cash flow? Much of what CHCUK makes is syphoned off to pay for “Corporate”. CHCUK will never make a taxable profit, “Corporate” will make sure of that.
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