More Fokkers
Pic number one looks like RF.
funny mate!
Join Date: Mar 2001
Location: Perth, WA, Australia
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From the 'trusted' rumour mill. The 8 F100s are coming from Germania Air or somewhere in that neck of the woods.
Some good news for the boys and girls at Alliance if they are giong to promote internally. They're going to struggle to find good crews and check trainers with the expansion going on at Jetstar and Virgin, especially with the wages they pay. It's an impressive expansion for a company of their size.
Some good news for the boys and girls at Alliance if they are giong to promote internally. They're going to struggle to find good crews and check trainers with the expansion going on at Jetstar and Virgin, especially with the wages they pay. It's an impressive expansion for a company of their size.
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Yes they did GG, plus a some of the Brisbane crews were forced to move to Townsville to keep their jobs. There is also talk a possible ownership change at Alliance with one of the sharholders buying the rest out.
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Carlyle Group in a whirl about Airwork
Giday-
Did mean to throw this up a couple of weeks ago..........., will post it here as they've been mentioned as the "alleged" new owners of a flock of further F100's, as opposed to the CNS thread........
Article below ex "The Street Talk" section of the Australian Financial Review of 4 March-
There was a similar article in the same section of the AFR on the 29/09/08 entitled- "Fly Boys look for Capital Injection", whereby "apparently" Alliance were-
So given we're a fortnight down the track (from the above article- pending it's veracity??) and the CNS announcement, etc. and "apparently" with a float looming "mid April"- if these duelling "interested parties" (one of whom has launched a "compelling bid") don't nail this down soon- should we not expect a Prospectus to hit the deck sooner rather than later???
Regards all
S28- BE
Did mean to throw this up a couple of weeks ago..........., will post it here as they've been mentioned as the "alleged" new owners of a flock of further F100's, as opposed to the CNS thread........
Article below ex "The Street Talk" section of the Australian Financial Review of 4 March-
Street Talk
Carlyle Group in a whirl about Airwork
PUBLISHED: 04 Mar 2010 01:06:00
Edited by Jamie Freed and Sarah Thompson
Private equity is back on the prowl and one of the industry’s behemoths is already circling.
The humble Aussie chopper is where it’s at and US private equity giant Carlyle Group is understood to have tabled a compelling
bid in the past fortnight for Airwork, poised to be renamed Contract Aviation Industries (CAI).
The bid was rebuffed (but there’s thought to be more than one party interested) and CAI continues on its path to a potential $350
million listing in mid-April.
At the same time, Australia and New Zealand Banking Group and Deloitte have the mandate for Lloyd Helicopters of Australia on
behalf of First Reserve.
Carlyle has already expressed interest in the asset (thought to be worth in excess of $100 million), with Australian Helicopters –
owned by Archer Capital Growth Fund – also in the bidding fray.
The flurry of interest all comes down to the appeal of fly in/fly out services or “FIFO”.
This is a method of employing people in remote areas, particularly in the mining industry.
CAI’s Alliance division specialises in FIFO and its major shareholder, canny New Zealand entrepreneur Hugh Jones, has spotted
a burgeoning market in Australia, namely our largest ever resources project, the Chevron-led Gorgon liquefied natural gas
project off Western Australia.
There’s a big buzz around Karratha and Port Hedland at the moment due to LNG and iron ore projects in the region.
Meanwhile, as the financial community goes ex-bonus, bankers and analysts are upping sticks.
JPMorgan’s transport team, Matt Crowe and Andre Fromhyr, resigned yesterday, having been lured to CBA. The question is
whether the pair will be made to work out their three months’ gardening leave, as is the case with JPMorgan’s energy analyst
Mark Greenwood, who recently signed up with Citigroup.
Citi pulled off another coup yesterday with the appointment of Brett Hanmer as a director in the corporate banking coverage
team. Hamner hails from Deutsche, which recently lost industrials banker Jeremy Larkin.
The Australian Financial Review
Carlyle Group in a whirl about Airwork
PUBLISHED: 04 Mar 2010 01:06:00
Edited by Jamie Freed and Sarah Thompson
Private equity is back on the prowl and one of the industry’s behemoths is already circling.
The humble Aussie chopper is where it’s at and US private equity giant Carlyle Group is understood to have tabled a compelling
bid in the past fortnight for Airwork, poised to be renamed Contract Aviation Industries (CAI).
The bid was rebuffed (but there’s thought to be more than one party interested) and CAI continues on its path to a potential $350
million listing in mid-April.
At the same time, Australia and New Zealand Banking Group and Deloitte have the mandate for Lloyd Helicopters of Australia on
behalf of First Reserve.
Carlyle has already expressed interest in the asset (thought to be worth in excess of $100 million), with Australian Helicopters –
owned by Archer Capital Growth Fund – also in the bidding fray.
The flurry of interest all comes down to the appeal of fly in/fly out services or “FIFO”.
This is a method of employing people in remote areas, particularly in the mining industry.
CAI’s Alliance division specialises in FIFO and its major shareholder, canny New Zealand entrepreneur Hugh Jones, has spotted
a burgeoning market in Australia, namely our largest ever resources project, the Chevron-led Gorgon liquefied natural gas
project off Western Australia.
There’s a big buzz around Karratha and Port Hedland at the moment due to LNG and iron ore projects in the region.
Meanwhile, as the financial community goes ex-bonus, bankers and analysts are upping sticks.
JPMorgan’s transport team, Matt Crowe and Andre Fromhyr, resigned yesterday, having been lured to CBA. The question is
whether the pair will be made to work out their three months’ gardening leave, as is the case with JPMorgan’s energy analyst
Mark Greenwood, who recently signed up with Citigroup.
Citi pulled off another coup yesterday with the appointment of Brett Hanmer as a director in the corporate banking coverage
team. Hamner hails from Deutsche, which recently lost industrials banker Jeremy Larkin.
The Australian Financial Review
exploring options through Wilson HTM for a sale, or at least an equity injection.
Regards all
S28- BE
Last edited by Section28- BE; 21st Mar 2010 at 09:51.
