PPRuNe Forums - View Single Post - UKSAR2G - MCA CivSAR Second Generation
View Single Post
Old 10th Mar 2022, 21:01
  #148 (permalink)  
jimf671
 
Join Date: Nov 2009
Location: Inverness-shire, Ross-shire
Posts: 1,460
Received 23 Likes on 17 Posts
It was clear from the Bristow Group numbers during the early period of the contract that UK SAR was bringing in an important slice of reliable revenue without which the entire group may have had a very different future. As time went by it was clear that Baliff and co-conspirators were presenting an alternative reality in the books with things like SAR aircraft purchases being reported as shifted out impossibly far into the future. The way things turned out, that alternative reality must have stretched across the entire group.

With their six decades of experience of oil and gas ops, I am moderately confident in the ability of BHL and the usual suspects to take advantage of recent oil price changes.
jimf671 is offline