Babcock considers Onshore Exit
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Babcock considers Onshore Exit
https://otp.tools.investis.com/clien...468580&cid=141
"The Avincis acquisition in 2014 has not delivered shareholder value with low returns on high amounts of invested capital. We are selling our oil and gas aviation business and we are reviewing our options for the each of the aerial emergency services businesses"
"The Avincis acquisition in 2014 has not delivered shareholder value with low returns on high amounts of invested capital. We are selling our oil and gas aviation business and we are reviewing our options for the each of the aerial emergency services businesses"
Last edited by JB-123; 16th Apr 2021 at 13:57.
Yep, realised charities have at least half an eye open with their budget, the government on the other hand... well a few texts to your mates and fannys your aunt
Spot on! As soon as they opened the doors and walked into BAS you could smell the greed. Enough was never going to be enough, Standardisation and regularisation to the Group mantra...little baubles given to all staff, literally. I left.
Worst company I every had to work for. I too left and still keep in touch with mates trapped at the mo. Cost cutting and reallocation of duties, yet with visits to the airfield from managers self praising and a site manager stroking their egos. Morale is on the floor and biding time until the contract ends when hopefully somebody else will be awarded the the military contract. Moan over.
Last edited by NIREP reader; 17th Apr 2021 at 18:37.
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Can remember that bashing of big company god name was not very popular here.
Examples like babCocking of 50-60 young pilots in 2016-17. after take over of nice small Operator and ATO in Germany.
With few step on some thumbs in LBA and EASA, finally in 2018 company closed - end of Babcock MCS Germany.
Examples like babCocking of 50-60 young pilots in 2016-17. after take over of nice small Operator and ATO in Germany.
With few step on some thumbs in LBA and EASA, finally in 2018 company closed - end of Babcock MCS Germany.
Ah, Rigga - I wondered what that aroma was! Can't imagine that the sons of the founder of the pre-Avicii (sorry... Avin_whatever) company are waiting in the wings to carry out a 2nd re-purchase, though.
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Apparently continuing with support of Anglia One and Two / Helimed
https://www.eaaa.org.uk/news/eaaa-ag...service-flying
cheers
https://www.eaaa.org.uk/news/eaaa-ag...service-flying
cheers
From the linked article:
(My emphasis, in italics)
I'm pleased they thought to add the qualifier/rider at the end; Wiltshire and Sussex were both operating to unsurveyed HEMS sites at night back in the early 2000s ("noughties"?), but they weren't BabMishCritCock(Unsure) and they weren't using NVG.
They also pioneered the UK’s first night Helicopter Emergency Medical Service (HEMS) operations to unsurveyed HEMS sites with Babcock pilots flying with specialist night-vision goggles.
I'm pleased they thought to add the qualifier/rider at the end; Wiltshire and Sussex were both operating to unsurveyed HEMS sites at night back in the early 2000s ("noughties"?), but they weren't BabMishCritCock(Unsure) and they weren't using NVG.
From the linked article:
(My emphasis, in italics)
I'm pleased they thought to add the qualifier/rider at the end; Wiltshire and Sussex were both operating to unsurveyed HEMS sites at night back in the early 2000s ("noughties"?), but they weren't BabMishCritCock(Unsure) and they weren't using NVG.
(My emphasis, in italics)
I'm pleased they thought to add the qualifier/rider at the end; Wiltshire and Sussex were both operating to unsurveyed HEMS sites at night back in the early 2000s ("noughties"?), but they weren't BabMishCritCock(Unsure) and they weren't using NVG.
