PPRuNe Forums - View Single Post - OAT is put up for sale.
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Old 1st Apr 2007, 21:22
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TheBeak
 
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I'd say the reason is that they have taken the business to the capacity they really can without taking a much longer term view on things and tieing themselves in for another 10 years. No matter what anyone says realistically (and not pesamistically) the industry is due a relative downturn, interest rates are going up, there are government changes on the cards and the current boom has been 64 months relative to the typical 57 months........I'd say from their side it makes sense. Their is more and more competition out their and OAT is starting to struggle to maintain its competitiveness. I think the company will plummet if bought by a Venture Capaitalist type company........it will be bad news for them.
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