PPRuNe Forums - View Single Post - CHC LLC purchases Babcock
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Old 11th Mar 2021, 11:36
  #91 (permalink)  
PlasticCabDriver
 
Join Date: Aug 2000
Location: A very long way North
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Originally Posted by Rigga
As said quite some while ago - Oil & Gas is far too volatile an industry for Babcock. When crises happen, the oil industry generally plummets and AA, SAR, Police and MOD assets are at least stable and often fully supported in their ops.
and with good margins, a steady supply of government money, not overly onerous contract monitoring and when money gets a bit tight, the option to simply ask for more.
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