Go Back  PPRuNe Forums > Aircrew Forums > Rotorheads
Reload this Page >

BRS / CHC Merger

Rotorheads A haven for helicopter professionals to discuss the things that affect them

BRS / CHC Merger

Old 17th Jul 2019, 11:54
  #1 (permalink)  
Thread Starter
 
Join Date: May 2016
Location: Houston
Posts: 4
BRS / CHC Merger

Overheard at DFW airport departures! Any views on a Blue / Orange combination and what it means for the industry
Kahli is offline  
Old 17th Jul 2019, 13:07
  #2 (permalink)  
 
Join Date: Sep 2006
Location: Inside the Industry
Posts: 816
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?
industry insider is offline  
Old 17th Jul 2019, 22:12
  #3 (permalink)  
 
Join Date: Dec 2007
Location: UK
Posts: 353
Originally Posted by Kahli View Post
Overheard at DFW airport departures! Any views on a Blue / Orange combination and what it means for the industry
everyone knows blue + orange = brown
helicrazi is offline  
Old 18th Jul 2019, 05:34
  #4 (permalink)  
 
Join Date: Dec 2018
Location: Canada
Posts: 164
Take two previously very successful companies that have been mismanaged into the dirt - and merge them.

What could possibly go wrong? 🤔
Old Dogs is offline  
Old 18th Jul 2019, 08:57
  #5 (permalink)  
 
Join Date: May 2001
Location: UK
Posts: 301
Originally Posted by Old Dogs View Post
Take two previously very successful companies that have been mismanaged into the dirt - and merge them.

What could possibly go wrong? 🤔
TWO very successful companies ??
roundwego is offline  
Old 18th Jul 2019, 13:33
  #6 (permalink)  
 
Join Date: Aug 2002
Location: Launceston
Posts: 150
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.
peter manktelow is offline  
Old 18th Jul 2019, 17:49
  #7 (permalink)  
 
Join Date: Jun 2006
Location: Texas
Posts: 86
Originally Posted by Old Dogs View Post
Take two previously very successful companies that have been mismanaged into the dirt - and merge them.

What could possibly go wrong? 🤔
No different than the US Airways/American Airlines merger. Take two poorly run airlines and make a bigger poorly run airline.
Tango and Cash is offline  
Old 18th Jul 2019, 21:21
  #8 (permalink)  
 
Join Date: Mar 2011
Location: Europe
Age: 9
Posts: 43
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.
Sumpor Stylee is offline  
Old 19th Jul 2019, 00:46
  #9 (permalink)  
 
Join Date: Apr 2005
Location: OZ
Posts: 211
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!!
Twist & Shout is offline  
Old 19th Jul 2019, 01:43
  #10 (permalink)  
 
Join Date: Dec 2018
Location: Canada
Posts: 164
Originally Posted by roundwego View Post


TWO very successful companies ??
Bristow and Okanagan (now CHC) were two of the most successful helicopter companies in the world.
Old Dogs is offline  
Old 19th Jul 2019, 02:29
  #11 (permalink)  
 
Join Date: Aug 2003
Location: LOS
Age: 63
Posts: 563
Originally Posted by Old Dogs View Post
Bristow and Okanagan (now CHC) were two of the most successful helicopter companies in the world.
Emphasis on WERE!
Outwest is offline  
Old 19th Jul 2019, 02:33
  #12 (permalink)  
 
Join Date: Dec 2018
Location: Canada
Posts: 164
Originally Posted by Outwest View Post
Emphasis on WERE!
Exactly my point.

These two once fine companies were driven into the dirt by grossly incompetent management.

A merger would just double the incompetence.
Old Dogs is offline  
Old 19th Jul 2019, 03:05
  #13 (permalink)  
 
Join Date: May 2002
Location: "Deplorable but happy as a drunken Monkey!
Age: 72
Posts: 16,612
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!
SASless is offline  
Old 19th Jul 2019, 03:16
  #14 (permalink)  
 
Join Date: Dec 2018
Location: Canada
Posts: 164
Originally Posted by SASless View Post
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!
I was a job manager in the Beaufort Sea at the time so I would often be in meetings with our customers, Esso, Gulf and Dome and Okie's managers.

Many of the oil company guys were my friends.

We go for a beer afterwards. The comments were hilarious - and kinda sad.
Old Dogs is offline  
Old 19th Jul 2019, 03:37
  #15 (permalink)  
 
Join Date: Sep 2014
Location: On land
Posts: 137
To combine management, clients and assets of BRS and CHC seems to be an ideal way to create a company that is less than the sum of its constituent parts.
Nescafe is offline  
Old 19th Jul 2019, 05:08
  #16 (permalink)  
 
Join Date: May 2002
Location: "Deplorable but happy as a drunken Monkey!
Age: 72
Posts: 16,612
Hey....so they both made a small fortune in the helicopter business.....havng started with a large fortune each.
SASless is offline  
Old 19th Jul 2019, 07:21
  #17 (permalink)  
 
Join Date: Nov 2009
Location: southern half
Age: 33
Posts: 25
Originally Posted by SASless View Post
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!
That is exactly right, sad, but 100% correct.
Unregistered_ is offline  
Old 19th Jul 2019, 07:53
  #18 (permalink)  
 
Join Date: May 2001
Location: UK
Posts: 301
Originally Posted by Old Dogs View Post
Bristow and Okanagan (now CHC) were two of the most successful helicopter companies in the world.
Okanagan was very successful long before Dobbin (CHC) bought it. Things went downhill from then on.
roundwego is offline  
Old 19th Jul 2019, 10:17
  #19 (permalink)  
 
Join Date: Jun 2006
Location: In the air with luck
Posts: 1,006
Nice to see a glass half full type of guy
500e is offline  
Old 19th Jul 2019, 12:48
  #20 (permalink)  
 
Join Date: May 2002
Location: "Deplorable but happy as a drunken Monkey!
Age: 72
Posts: 16,612
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.
SASless is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

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