PPRuNe Forums - View Single Post - CHC LLC purchases Babcock
View Single Post
Old 23rd Feb 2021, 14:31
  #8 (permalink)  
tu154
 
Join Date: Feb 2003
Location: Aberdeen
Age: 54
Posts: 240
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by roundwego
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.
Not the only one to do that...
tu154 is offline