Go Back  PPRuNe Forums > PPRuNe Worldwide > Australia, New Zealand & the Pacific
Reload this Page >

Airnorth future? Bristow in financial trouble

Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

Airnorth future? Bristow in financial trouble

Old 25th Apr 2019, 03:26
  #21 (permalink)  
 
Join Date: Dec 2001
Location: Brisvegas
Posts: 2,738
The VA ejet was extremely popular, though a little binary, some people hated them, the majority though I think loved them.
I wonder if the people that "hated" them would prefer the ATR?
Icarus2001 is offline  
Old 25th Apr 2019, 06:52
  #22 (permalink)  
 
Join Date: Feb 2011
Location: Oz
Posts: 559
Delta has got a 35í pitch in its Economy X Cabin on the ex Virgin 170s it took. From experience itís certainly the most comfortable ride in the states. Very private Jet like.

Virginís X product would have been a very nice ride should they have kept them.
PoppaJo is offline  
Old 26th Apr 2019, 02:18
  #23 (permalink)  
 
Join Date: Sep 2003
Location: Down Under
Age: 43
Posts: 701
https://www.ainonline.com/aviation-n...oposed-bristow
belly tank is offline  
Old 26th Apr 2019, 02:57
  #24 (permalink)  
 
Join Date: Jan 2008
Location: All at sea
Posts: 1,703
12 irrelevant posts waffling on about seat pitch etc. Usual PPRuNe ADHD in action.
But thanks to Belly Tank, back on topic. If Bristow do unload non performing 'asset' Airnorth at the right price, the AOC could be of use to Pionair, with their recently announced deal in Kiribati.
Bristow's problems may also go some way to explaining why Kiribati did not select Airnorth for the contract.
Mach E Avelli is offline  
Old 26th Apr 2019, 06:16
  #25 (permalink)  
 
Join Date: Aug 1998
Location: ...second left, past the lights.
Posts: 1,074
Further to belly tank's story link above.
Happy Landings
Chocks Away is offline  
Old 26th Apr 2019, 06:38
  #26 (permalink)  
 
Join Date: Oct 2017
Location: Tent
Posts: 366
It is probably safe to say a few things - Airnorth was not a smart financial investment for Bristow and they paid way too much for it.

Is it smart for a rotary specialist company now to off load it's two "odd men out" fixed wing operations - probably yes.

But what losses will they accept and more importantly who might buy it or even be interested?

I very much doubt MB, RL & JG would throw money at it in a buy back, but you never know. I am not sure JH would want to own it again even with sons. I think NP has lost enough with PA not to want to try that type of aviation again. The other Darwin based operators I doubt could or would wish to make an offer.

Qantas and Virgin I doubt would have an interest, the main contracts of these two I also doubt would have much interest in an offer.

A foolish territory government (they are common) may put in a offer as a vote winner but that would be bad in the long run for everyone.

So an Asian offer is a possibility - Darwin head office as base, but all crew and maintenance offshore bases.

Silk air for a song?
Bend alot is offline  
Old 26th Apr 2019, 08:29
  #27 (permalink)  
 
Join Date: Mar 2005
Location: Darwin and PNG
Posts: 893
Whereís the NT government going to get the dollars from when they are literally broke now? Having said that nothing would not surprise me. Just hope they donít end up doing an Ansett style collapse if the rug is pulled from under them.

Duck Pilot is offline  
Old 26th Apr 2019, 08:35
  #28 (permalink)  
 
Join Date: Apr 2014
Location: Sydney
Posts: 219
Bristow is one thing however i think you'll find Air North is profitable within its own operation.

My concern would be the engines for the 170 since they arent made anymore
onehitwonder is offline  
Old 26th Apr 2019, 08:59
  #29 (permalink)  
 
Join Date: Jan 2008
Location: All at sea
Posts: 1,703
The fleet is probably worth not much at all. An astute buyer would not want most of it. Any value would be in the AOC, should a need be identified. Obtaining a start up AOC from CASA is a monumental undertaking, so what is that piece of paper worth? More than a few beat up old airframes.
Mach E Avelli is offline  
Old 26th Apr 2019, 09:10
  #30 (permalink)  
 
Join Date: Oct 2017
Location: Tent
Posts: 366
Originally Posted by Duck Pilot View Post
Whereís the NT government going to get the dollars from when they are literally broke now? Having said that nothing would not surprise me. Just hope they donít end up doing an Ansett style collapse if the rug is pulled from under them.

There is a federal election, but I expect that it would only be Scott to loan a few bucks to the NT jokerment.

The unions do not even support the Gunner government in any real way - as a delegate I was informed they are a joke and hate to deal with them.
Bend alot is offline  
Old 26th Apr 2019, 11:25
  #31 (permalink)  
 
Join Date: Dec 2001
Location: Brisvegas
Posts: 2,738
So an Asian offer is a possibility - Darwin head office as base, but all crew and maintenance offshore bases.
So, how would that be in line with current laws?
Icarus2001 is offline  
Old 26th Apr 2019, 11:34
  #32 (permalink)  
 
Join Date: Oct 2017
Location: Tent
Posts: 366
Cloudy, Icarus but dependant on political donations and environment - as always.
Bend alot is offline  
Old 26th Apr 2019, 12:29
  #33 (permalink)  
 
Join Date: Feb 2018
Location: Hyperspace
Posts: 65
Originally Posted by Mach E Avelli View Post
The fleet is probably worth not much at all. An astute buyer would not want most of it. Any value would be in the AOC, should a need be identified. Obtaining a start up AOC from CASA is a monumental undertaking, so what is that piece of paper worth? More than a few beat up old airframes.
Agree - however Air North also comes with some industrial baggage which would not be attractive and can be very expensive in the long haul.
Arthur D is offline  
Old 27th Apr 2019, 05:55
  #34 (permalink)  
 
Join Date: Aug 2002
Location: PER
Posts: 1,144
Lots of monopoly routes that someone would likely step in to service if they do go under. Link between Broome Kununurra and Darwin, Gove and Cairns and the Timor route then the stuff closer to Darwin that is probably less profitable but a vital link for those communities. Perhaps QF or VA would pick up the jet routes and one of the GA outfits to do the turboprop work. Maybe QLink open up their 717 base again ?
topend3 is offline  
Old 27th Apr 2019, 07:18
  #35 (permalink)  
 
Join Date: Sep 2003
Location: Down Under
Age: 43
Posts: 701
They also service Darwin - Truscott airbase using the Bras and Metro for the offshore helicopter operator Babcock.
belly tank is offline  
Old 27th Apr 2019, 07:20
  #36 (permalink)  
 
Join Date: Aug 2002
Location: PER
Posts: 1,144
Yes and McArthur river so a fair bit of charter work up for grabs too could see Alliance basing an F100 or two up there
topend3 is offline  
Old 27th Apr 2019, 11:30
  #37 (permalink)  
 
Join Date: Jul 2013
Location: elsewhere
Posts: 176
Originally Posted by belly tank View Post
They also service Darwin - Truscott airbase using the Bras and Metro for the offshore helicopter operator Babcock.
i donít think they operate metros anymore?
Flyboy1987 is offline  
Old 27th Apr 2019, 13:47
  #38 (permalink)  
 
Join Date: Nov 2003
Location: aus gold
Posts: 84
Originally Posted by Pavement View Post
The only problem with this statement is that its not operating the E Jet profitably. Its a horrible aircraft to fly on with little leg room. In the Australian environment its only suitable for niche routes with no competition.
Really. I fly on it regularly to Melbourne and love it. A great little jet. I also found the VA jets very comfortable when they were here
maxter is offline  
Old 28th Apr 2019, 00:45
  #39 (permalink)  
 
Join Date: Sep 2003
Location: Down Under
Age: 43
Posts: 701
Originally Posted by Flyboy1987 View Post


i donít think they operate metros anymore?
your probably right Flyboy, itís been a little while since I was at Truscott.
belly tank is offline  
Old 28th Apr 2019, 12:09
  #40 (permalink)  
 
Join Date: Sep 2006
Location: Inside the Industry
Posts: 751
onehitwonder

Bristow is one thing however i think you'll find Air North is profitable within its own operation.
I think you will find it is not
industry insider is offline  

Thread Tools
Search this Thread

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.