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Airnorth future? Bristow in financial trouble

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Airnorth future? Bristow in financial trouble

Old 25th Apr 2019, 05:52
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Delta has got a 35’ pitch in its Economy X Cabin on the ex Virgin 170s it took. From experience it’s certainly the most comfortable ride in the states. Very private Jet like.

Virgin’s X product would have been a very nice ride should they have kept them.
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Old 26th Apr 2019, 01:18
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https://www.ainonline.com/aviation-n...oposed-bristow
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Old 26th Apr 2019, 01:57
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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.
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Old 26th Apr 2019, 05:16
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Further to belly tank's story link above.
Happy Landings
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Old 26th Apr 2019, 05:38
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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?
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Old 26th Apr 2019, 07:29
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Where’s 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 don’t end up doing an Ansett style collapse if the rug is pulled from under them.

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Old 26th Apr 2019, 07:35
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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
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Old 26th Apr 2019, 07:59
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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.
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Old 26th Apr 2019, 08:10
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Originally Posted by Duck Pilot
Where’s 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 don’t 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.
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Old 26th Apr 2019, 10:25
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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?
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Old 26th Apr 2019, 10:34
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Cloudy, Icarus but dependant on political donations and environment - as always.
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Old 26th Apr 2019, 11:29
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Originally Posted by Mach E Avelli
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.
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Old 27th Apr 2019, 04:55
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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 ?
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Old 27th Apr 2019, 06:18
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They also service Darwin - Truscott airbase using the Bras and Metro for the offshore helicopter operator Babcock.
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Old 27th Apr 2019, 06:20
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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
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Old 27th Apr 2019, 10:30
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Originally Posted by belly tank
They also service Darwin - Truscott airbase using the Bras and Metro for the offshore helicopter operator Babcock.
i don’t think they operate metros anymore?
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Old 27th Apr 2019, 12:47
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Originally Posted by Pavement
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
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Old 27th Apr 2019, 23:45
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Originally Posted by Flyboy1987


i don’t think they operate metros anymore?
your probably right Flyboy, it’s been a little while since I was at Truscott.
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Old 28th Apr 2019, 11:09
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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
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Old 3rd May 2019, 13:00
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As predicted Airnorth is on the chopping block.

https://www.flightglobal.com/news/ar...ow-res-457851/
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