Babcock sells its Aviation Business Unit

[Thorond0r]

http://www.helicopterinvestor.com/ar...ces-to-ancala/

New Company
https://www.avincis.com

[Bravo73]

Isn’t that ‘deja vu’ on many levels?

[N707ZS]

Does this include the facility at Mutxamel Aerodrome and Salamanca?

[dastocks]

Originally Posted by N707ZS

Does this include the facility at Mutxamel Aerodrome and Salamanca?

As I understand it Babcock have retained aerial emergency services in UK, France, Canada and Australia, and sold the rest which are in Italy, Spain, Portugal, Sweden and Finland.

So I think that's a yes.

[Winnie]

Originally Posted by dastocks

As I understand it Babcock have retained aerial emergency services in UK, France, Canada and Australia, and sold the rest which are in Italy, Spain, Portugal, Sweden and Finland.

So I think that's a yes.

I don't think they were particularly succesful in Canada, as one contract was refused I believe. Due to lack of local ownership. Canadian law requires 51%.

[Thorond0r]

Originally Posted by dastocks

As I understand it Babcock have retained aerial emergency services in UK, France, Canada and Australia, and sold the rest which are in Italy, Spain, Portugal, Sweden and Finland.

So I think that's a yes.

You are correct, Babcock did not sell it all. I guess they kept the most profitable.

[Kiwiconehead]

That Boag bloke gets around

[minigundiplomat]

That Boag bloke gets around

​​​​​​​He's never found an organisation he couldn't mismanage.

[N707ZS]

Originally Posted by dastocks

As I understand it Babcock have retained aerial emergency services in UK, France, Canada and Australia, and sold the rest which are in Italy, Spain, Portugal, Sweden and Finland.

So I think that's a yes.

Good hope the miserable staff go too. Used to be a friendly place to visit in the days of Helicsa and their predecessor.