Originally Posted by
helimutt
rumour has it GAMA have asked the present companies that SAS served to cough up fee increases of 40%. Interesting to see how that works out for them. One AA operator has already said that they are unable to afford that sort of increase and will probably close up shop.
Do Gama really want AW169 contracts, which they inherit 3 of with two of those heavily rumoured to want to have independent AOCs, having never operated the type, or is it more lucrative to have the maintenance facility and part 121 in Stav to strengthen future bids in England?
Being a cash rich company, £280,000 with £3m debt could be a cheap solution compared to starting that from scratch.
Time will tell in the long run exactly what this acquisition will amount to.