Originally Posted by
Kulwin Park
Wasn't CHC taken over by an accountancy firm* about 10-5 years ago? I can't remember the history of CHC & Heli-One combining. Or was it that Heli-One took over?
In reference to the quote above, do we think that PHI has a broader aviation-based knowledge team made up of helicopter personnel. I hope PHI succeeds to stay as the next CHC or Bristow or Llyods or Bond.
Bain Capital*, I believe. Also own Virgin?
No knowledge of the “knowledge team” or financial situation of PHI. But I do know that the modern model isn’t to run a business at a profit long term. But rather:
record profits every year with no regard for ANYTHING else. So as the single KPI that ensures the current CEOs bonus becomes harder to achieve (after making all the sensible efficiency changes): things like servicing the contract, paying tax in the country where the revenue is earned, viability of the company, etc are all abandoned. Not only in aviation, but every “modern business”. Sad.