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Forum: Australia, New Zealand & the Pacific

12th May 2019, 07:05

Replies: 64

Airnorth future? Bristow in financial trouble

Views: 61,392

Posted By PCAU

It’s business as usual for the whole of Bristow...

It’s business as usual for the whole of Bristow at this stage... Chapter 11 “Bankruptcy” Protection in the US is much like ‘Administration’ for a company in Aus, with one Main difference being that...

Forum: Australia, New Zealand & the Pacific

10th May 2019, 05:59

Replies: 64

Airnorth future? Bristow in financial trouble

Views: 61,392

Posted By PCAU

The big question remains whether or not they will...

The big question remains whether or not they will look to sell, or if Bristow would like to try and retain AirNorth (and Eastern for that matter) when/if they go through the Chapter 11 process?
...

Forum: Australia, New Zealand & the Pacific

9th May 2019, 04:17

Replies: 64

Airnorth future? Bristow in financial trouble

Views: 61,392

Posted By PCAU

Well obviously the corporate tax rate for the...

Well obviously the corporate tax rate for the Australian entity is a flat 30%, however this is only applied after deducting the NON-CASH expenses of Depreciation and Amortisation, resulting in an...

Forum: Australia, New Zealand & the Pacific

8th May 2019, 17:01

Replies: 64

Airnorth future? Bristow in financial trouble

Views: 61,392

Posted By PCAU

Quite right Biggles, a quick perusal of Bristows...

Quite right Biggles, a quick perusal of Bristows reports reveals the following “Historical Fixed-Wing Performance” for AirNorth:

FY15: EBITDA $0.7m (1Q Only)
FY16: EBITDA $12.4m (No Loss Making...

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