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View Full Version : Blackstone Buys 45 Twin Otters On Floats


Ejector
4th Feb 2013, 15:28
Press: Blackstone (NYSE: BX)

NEW YORK & MALE, Maldives --
Blackstone (NYSE: BX) today announced that a private equity fund managed by Blackstone on behalf of its private equity investors has acquired a controlling interest in two Maldives-based seaplane operators – Maldivian Air Taxi “MAT” and Trans Maldivian Airways “TMA”. more........ (http://www.fortmilltimes.com/2013/02/03/2473918/blackstone-announces-acquisition.html)

http://t1.gstatic.com/images?q=tbn:ANd9GcQpFAV67szQG6OEEXG5o45w9vmj8J1z4qtK77VjklY nIHrXaPuv
Viking Twin Otters DHC6-400 involved in the deal.

Bloomberg (http://www.bloomberg.com/news/2013-02-03/blackstone-acquires-controlling-stake-in-maldives-seaplane-cos-.html)
Reuters (http://www.pehub.com/184532/reuters-blackstone-buys-maldives-seaplane-operators/)
Blackstone’s Quarterly Profit (http://dealbook.nytimes.com/2013/01/31/blackstones-quarterly-profit-jumps-43/)

All this even after the GMR BS :D No wander they wanted out before they had the same fate.

Ejector
5th Feb 2013, 10:31
Blackstone has CEO in charge of every thing, he seems a decent guy with the big stick.

Lars, is the new Chairman.

His side kick Fozzy is the new GM.

Edward is number 3 (TMA)

To flip a coin to decide on what color shorts. :ok:

KrootTheBirdman
14th Feb 2013, 22:36
So, what do you suppose this means for pilots trying to get hired in the Maldives?

I'm a pilot, not an MBA, so don't know if this is good news or bad for someone who wants to fly there.

Newforest2
15th Feb 2013, 08:02
Confusing title, read it as an order for 45 Vikings, would have kept them busy for a long time!

clknodl
24th Feb 2013, 10:05
Lars is a Director now and not the Chairman

sky&ocean
5th Sep 2013, 05:24
Since Blackstone operated this merger between TMA/MAT, things are going south apparently. Hence the article published in "Minivan" an online newspaper.
Here is the link for those who might be interested :

?Worst fears? over Blackstone seaplane buyout now a reality, warns hotel group | Minivan News (http://minivannews.com/travelandarts/%E2%80%9Cworst-fears%E2%80%9D-over-blackstone-seaplane-buyout-now-a-reality-warns-hotel-group-64529)