Bristow buying Columbia

[lowfat]

Every cloud has a silver lining at least it Means that Balif has cleared his Desk.

[belly tank]

From the GVIC press release.

http://www.gvi-corp.com/wp-content/u...ter-to-BRS.pdf

While GVIC understands management’s motive to complete the Acquisition in an effort to increase free cash flow and ease the Company’s debt burden, alternative options exist. Such alternatives include a strategic divestment of assets, privatization of the Company, or a merger transaction with a like company. GVIC believes that Era Group, Inc., CHC Group Ltd., or others would entertain discussions on a potential business combination.

[Fareastdriver]

GVIC believes that Era Group, Inc., CHC Group Ltd., or others would entertain discussions on a potential business combination.

That would cut out the competition for qualified pilots which would really give them a stranglehold on pilot's pay.