Not quite true hippy. They (FLS Aerospace) lost 212million Danish Kroner (17.5 Million GBP). Still a lot of money though. They are claiming the purchase of TEAM Lingus as major contributory factor.
FLS Industies have stated in a staff newsletter that they continue to back the aerospace side. Head Honcho Stefan Harporth has shouldered responsibility and committed hari kari (quit). His successor is to be announced shortly.
FLS are firmly committed to becoming the Worlds #1 maintenance provider and have a bottomless pit of money to help them.