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Old 29th Mar 2009, 19:56
  #3514 (permalink)  
malabo
 
Join Date: Sep 2005
Location: Montreal
Posts: 715
Received 14 Likes on 11 Posts
When you don't get paid you are not making money, regardless of how impressive the invoice looks - just ask Madoff's investors. You'd have thought that FR would have been worldly and sophisticated enough to know how to play the "game". But it does look like the Ibru's left them in their underwear at the poker table.

So now CHC has no management influence on ACN and you think they are going to keep pouring money in? And any of their pilots left there appear to be just twisting in the wind.

Other companies having a closer look as a result of CHC's misadventure - is this why Evergreen is stalling on going in, why Caverton likewise, Shell is pulling out, Bristow cutting back, etc.....?
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