MGD wrote
if you believe Terminus Mos who works for an oil company - so either he's speculating, repeating hearsey or knowingly awarded a contract knowing the winner would make a loss.... None of which are particularly professional.
I work for an oil company and I am a sometimes customer of CHC. I have only ever praised their people and systems.
I know the purchase, lease, running and overhead costs of helicopters from operator, OEM and customer perspectives. I should do after 30+ years.
I can run our internal evaluation pricing model and work out whether a contract is making a loss or a profit. Suggesting that we would knowingly sign a loss making contract is to fail to understand how to manage financial and business risk.