Originally Posted by
scrotometer
TOLL is supposedly to be announced as the buyer of Pelair next week
Makes the most sense, they do the helicopter components of the aeromedical ops anyway. Be interesting if they have have just cherrypicked that component or if they have also taken the 50% of NJE. They would make a signifcant competitor in the FIFO sector if they took an expansionary view. Not sure how they would go with a 50% shareholder like LKH though. If he was smart he would just sit back and let Toll do the driving.
I have heard there is no buyer for the regional ops as yet.