MGD
I said "we", I don't speak for others.
Tendering is expensive and time consuming. Our support contracts are long term with defined annual escalations. Financial portion of any pre award evaluation includes risk to both parties of entering into the contract. We can't be without our air or vessel services, a weak contractor is no use.
Max
CHC used to make a profit. What has changed? Too many spare aircraft leased maybe? The recent sale of 31 aircraft to Waypoint Leasing is interesting. They have to be paid for and they are not all contracted. From the presentation earlier, 37 x 332L, L1 and L2. Where are they all working? 58 x S-76. All working? 20x 365s? Not even all the 225s and S-92s are working.