Cobham Aviation Services being sold yet?
Thought I would come to the source!, anyone know of rumours if Cobham Aviation Services has a buyer from Advent International?
|
Originally Posted by Harry8434
(Post 11167411)
Thought I would come to the source!, anyone know of rumours if Cobham Aviation Services has a buyer from Advent International?
Advent said from the start they typically keep companies for 3-5 years before selling them off, I’d guess they would keep them for another 18 months before looking for a buyer. That said, I wouldn’t be surprised if they already had a buyer. They have just renewed some contracts and also picked up so new ones as well and seem to be picking up momentum. |
Special Mission has also just renewed their contract with Borderforce for a further 6 years. It's probably a good time to sell that section of the business.
|
|
Cobham are in expansion mode at present. https://australianaviation.com.au/20...-flight-in-wa/ Replacement is not expansion. |
Originally Posted by Icarus2001
(Post 11182358)
Really? Aren’t those NEW airframes just a replacement for the BAE 146 which is being retired?
https://australianaviation.com.au/20...-flight-in-wa/ Replacement is not expansion. They’ve now got 6 Q400s with 4 on the way and 4 E-Jets with more on the way. Advent aren’t silly. They dumped the money sucking QF component of the business and value added to the special mission and charter sides. They’ll sell the business for a profit and add another successful investment to their history. Will be interesting to see how long it takes Alliance to realise QF isn’t a friend and is there to use and abuse you. |
What is the seating config of the Q400s? More frames but less seats?
Will be interesting to see how long it takes Alliance to realise QF isn’t a friend and is there to use and abuse you. |
Originally Posted by Icarus2001
(Post 11182358)
Really? Aren’t those NEW airframes just a replacement for the BAE 146 which is being retired?
https://australianaviation.com.au/20...-flight-in-wa/ Replacement is not expansion. |
Certainly seems like Cobham's up for sale with Macquarie Bank appointed to manage any transaction;
Cobham aviation services to be sold |
All times are GMT. The time now is 06:26. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.