BRS / CHC Merger
Joined: Sep 2006
Posts: 876
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From: Inside the Industry
There could be some synergies.
BRS has 20+ Milestone (GE) S-92s eligible for be return as a by product of CH11 and Milestone is also a huge investor in CHC having taken an equity position against lease returns. Maybe Milestone will take a sizeable stake in BRS for the same reason and force the two together?
BRS has 20+ Milestone (GE) S-92s eligible for be return as a by product of CH11 and Milestone is also a huge investor in CHC having taken an equity position against lease returns. Maybe Milestone will take a sizeable stake in BRS for the same reason and force the two together?
Joined: Aug 2002
Posts: 164
Likes: 3
From: Launceston
I am showing my age but there was a time last century when BLUE had a seat on ORANGE's board with 25% ownership. It worked then......for a while anyhow. Mind you , it was BRIT + CANUCK as opposed to what would be YANK + YANK.
Miss the flying. Miss the lads and ladies but don't miss the BS.
Miss the flying. Miss the lads and ladies but don't miss the BS.
Joined: Jun 2006
Posts: 180
Likes: 34
From: Texas
Joined: Mar 2011
Posts: 49
Likes: 0
From: Europe
Or take one company under chapter 11 process and merge with another past chapter 11 tale facing a second round of the same....🤫
Perhaps it’s the way to avoid round 2 of restructuring, surely they wouldn’t survive it again. Could a CEO get away with it twice over? Suppose he was hailed a success first time out despite the unfathomable share ratio change to avoid delisting from NYSE fail in spectacular fashion! Yet he kept his job.
Perhaps it’s the way to avoid round 2 of restructuring, surely they wouldn’t survive it again. Could a CEO get away with it twice over? Suppose he was hailed a success first time out despite the unfathomable share ratio change to avoid delisting from NYSE fail in spectacular fashion! Yet he kept his job.
Joined: Apr 2005
Posts: 280
Likes: 20
From: OZ
Brave New World
They could combine the already massive HR/IT/Q&S departments, sack the last of the Pilots/Engineers/Ops staff, employ some more “Business Partners”/SLT, and have the ultimate “Safety. HR. Information Technology” company!!
Joined: May 2002
Aviation Qualifications: ATP+Mil
Posts: 18,633
Likes: 1,072
From: Downeast
That was pre-HR, HSE, and all that other silliness that modern corporations have embraced.
Also....the outfits were run by Pilots and Engineers.....not bean counters who know the cost of everything and the value of nothing!
Also....the outfits were run by Pilots and Engineers.....not bean counters who know the cost of everything and the value of nothing!
Joined: Dec 2018
Posts: 170
Likes: 0
From: Canada
Many of the oil company guys were my friends.
We go for a beer afterwards. The comments were hilarious - and kinda sad.
Joined: Nov 2009
Posts: 32
Likes: 3
From: southern half
Joined: May 2001
Posts: 314
Likes: 2
From: UK
Joined: May 2002
Aviation Qualifications: ATP+Mil
Posts: 18,633
Likes: 1,072
From: Downeast
If you believe there is ever a "Merger" possible....keep on dreaming.
In a "merger" one entity is taken over by another entity....there can only be one Lead Horse in a team.
In this case....should it happen.....CHC shall take over BRS....if this "merger" were to take place.
Look back to Omniflight and Silver Star.....or Air Log and Bristow for that matter.
In a "merger" one entity is taken over by another entity....there can only be one Lead Horse in a team.
In this case....should it happen.....CHC shall take over BRS....if this "merger" were to take place.
Look back to Omniflight and Silver Star.....or Air Log and Bristow for that matter.