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Old 10th May 2010, 18:14
  #3797 (permalink)  
oldtimersdisease
 
Join Date: May 2010
Location: louisiana
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NEO,

Interesting point of view, as Bristow is also a 60/40 agreement is it not and, unlike Caverton, both its Chairman and MD are Nigerian. I believe John Goulash is the MD of Caverton after his extensive experience of running a float plane operation for PAAN? AS for Caverton being an indigenous company, it will be interesting to find out (though I doubt we ever will) what percentage of what they make from the Shell contract will remain in Nigeria with Danish and Qatari partners, at least 2 of them with no acceptable Western business ethics. If they're going to fulfil the Nigerian content act, where are they going to get lots of Nigerians on the AW139?

Caverton and Shell fully deserve each other, but Fred will give them every support he can with spare 412s to try and get back at Bristow.
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