PPRuNe Forums - View Single Post - corporate buy up of AUS ag companies???
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Old 1st Apr 2007, 11:21
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cotton CAPTAIN
 
Join Date: Mar 2007
Location: Straya
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well without saying too much, 'the company' is either publicly listed or about to be publicly listed and I cant divulge the name due to privacy of contracts etc.

I am not sure whether it is medium to small operators only being acquired or if it is large and small. I guess there are more of you who know the size business they are targeting.

At the end of the day as a line pilot does it matter who owns the seat your in?? not to me!....., though the family owned company can be more enjoyable to work for.

My main concern is that these type of buy outs in the corporate world tend to make no tangible difference to equipment or ops however when sold off after 'the rain' comes to people who are more highly leveraged, operating costs increase (due to higher debt) and the ground riggers etc push closer to pricing us right out of the market.
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yes I may be too well read...........

reading back over this I havent added much ........however neither have you all
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