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Old 22nd Aug 2014, 06:45
  #4947 (permalink)  
MamaPut
 
Join Date: Jul 2006
Location: Jankara
Age: 64
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'The Centre of Excellence' has had a bad reputation for years for not paying people who leave or are 'let go' . There have been many warnings about them on this forum before, but people always think they'll get better and it can't happen to them. It still does and it always will with that company. They must owe hundreds of thousands of dollars to people who were silly enough to believe they could beat the system, but Aderemi Makanjuola didn't make it to the Forbes list of 'Ten Nigerian Multi-Millionaires You've Never Heard Of', by being generous with his money.
Bristow is getting worse too. Polo Suites closed and that had possibly the best accommodation in Port Harcourt. With the 332s going at least 4 pilots being laid off. Still no new HoFO or Training Manager so amazed they can even maintain their AOC.
Aero seems to be going down the tubes. Their GM has already deserted the sinking ship for a new job flying a new AW139 in Benin Republic. I heard NNPC may be selling their helicopters, so not much work left for Aero.
PAAN have not replaced their 2 base managers who stepped down. The Head of Flight Ops and his deputy will now take over those jobs as well.
After CHC came back in and chose a new partner, it may be that they'll be the only company worth working for here any more. Though with their recent IPO having raised only $300 million of the cash they needed, leaving First Reserve Corporation only 29% of the company and private equity firm Clayton, Dubilier & Rice now owning 45% after their purchase of $500 million worth of shares, nobody really knows what will happen to them in the next couple of years,
It looks as if there may be big changes here during the next 18 months - probably not for the better
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