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Search: Posts Made By: industry insider
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Forum: Rotorheads
10th May 2019, 10:28
Replies: 244
Views: 308,544
Posted By industry insider

Tonka Plonka wrote: Well its wrong....

Tonka Plonka wrote:



Well its wrong. BRS has been selling aircraft assets to raise cash which it has then spent on financing loss making operations and to a lesser extent, management bonuses...
Forum: Rotorheads
10th May 2019, 07:18
Replies: 244
Views: 308,544
Posted By industry insider

Indeed, I was with 3 oil companies yesterday, all...

Indeed, I was with 3 oil companies yesterday, all less than impressed, none wants to deal with Bristow as with its financial situation, things don't appear to be managed properly. Bonuses are for...
Forum: Rotorheads
22nd Apr 2019, 12:43
Replies: 244
Views: 308,544
Posted By industry insider

@ Barbados Sky Jon Thomas 1 and Jon Thomas...

@ Barbados Sky

Jon Thomas 1 and Jon Thomas 2, I nearly spat out my coffee! :ok:
Forum: Rotorheads
13th Mar 2019, 14:33
Replies: 244
Views: 308,544
Posted By industry insider

If I remember, the Bristow UK Company is Bristow...

If I remember, the Bristow UK Company is Bristow Aviation Holdings. Caledonia sold most of its shares in 2017 for a loss (about $12 per share). A quick check shows Caledonia has about 1.4m shares...
Forum: Rotorheads
4th Mar 2019, 10:56
Replies: 244
Views: 308,544
Posted By industry insider

Barbados - Exciting New Direction = END :D

Barbados - Exciting New Direction = END :D
Forum: Rotorheads
27th Feb 2019, 11:08
Replies: 244
Views: 308,544
Posted By industry insider

Barbados, that is very funny! :):):ok::ok:

Barbados, that is very funny! :):):ok::ok:
Forum: Rotorheads
22nd Feb 2019, 01:55
Replies: 244
Views: 308,544
Posted By industry insider

I still think the problems are capacity driven,...

I still think the problems are capacity driven, leasing companies in the 2005-2012 period made it easy and attractive to lease new aircraft on a no money down fly away basis. While the leases were...
Forum: Rotorheads
20th Feb 2019, 13:41
Replies: 244
Views: 308,544
Posted By industry insider

The acquisition of 20 aircraft whether leased or...

The acquisition of 20 aircraft whether leased or financed is not as burdensome as you may think to a company like Bristow. Heavily discounted prices and generous payment terms are available to big...
Forum: Rotorheads
20th Feb 2019, 12:29
Replies: 244
Views: 308,544
Posted By industry insider

SAS No more of a hit than if some 225s...

SAS



No more of a hit than if some 225s were flying and some 92s were idle and still being paid for. All operators have still got spare capacity, there are 92s for sale relatively cheap, <$10m...
Forum: Rotorheads
20th Feb 2019, 10:17
Replies: 244
Views: 308,544
Posted By industry insider

Pitts, it desn't really matter very much since...

Pitts, it desn't really matter very much since with the downturn, BRS would always have had some idle aircraft. As a result of the 225 grounding, the S-92 fleet was virtually fully utilised. But had...
Forum: Rotorheads
20th Feb 2019, 03:32
Replies: 244
Views: 308,544
Posted By industry insider

Unlike CHC, BRS purchased its 225s and other...

Unlike CHC, BRS purchased its 225s and other types using BRILOG Leasing (100% owned Cayman Island subsidiary) to lease to its operating entities. Result, high costs to clients, failure to meet the...
Forum: Rotorheads
19th Feb 2019, 13:18
Replies: 244
Views: 308,544
Posted By industry insider

It’s all much more complex when everything is...

It’s all much more complex when everything is sold, mortgaged and leased back to produce cash to burn in operating losses.
Forum: Rotorheads
14th Feb 2019, 22:06
Replies: 244
Views: 308,544
Posted By industry insider

All I can say is that it’s very unethical to act...

All I can say is that it’s very unethical to act like that and although I have been in some very uncomfortable meetings on both sides of the business, when in the oil company side, remedies due to...
Forum: Rotorheads
14th Feb 2019, 13:26
Replies: 244
Views: 308,544
Posted By industry insider

It doesn’t a work as simply as that. Negotiations...

It doesn’t a work as simply as that. Negotiations during a tender phase can be tough. But once the contract is signed it’s actually strong for both parties and normally prevails. The rules around...
Forum: Rotorheads
14th Feb 2019, 11:31
Replies: 244
Views: 308,544
Posted By industry insider

He was pretty well right SAS, if you don't make...

He was pretty well right SAS, if you don't make an operating profit, you will not survive. I have known a few really small operators who have used depreciation schedules, accrued a maintenance...
Forum: Rotorheads
14th Feb 2019, 09:53
Replies: 244
Views: 308,544
Posted By industry insider

Certainly the ones I know about were honoured for...

Certainly the ones I know about were honoured for 5 years with escalations. But one is the subject of a tender as a result of natural expiry date and the other one is finishing due to reduced...
Forum: Rotorheads
14th Feb 2019, 03:44
Replies: 244
Views: 308,544
Posted By industry insider

https://cimg5.ibsrv.net/gimg/pprune.org-vbulletin/...

https://cimg5.ibsrv.net/gimg/pprune.org-vbulletin/2000x275/screen_shot_2019_02_14_at_12_37_53_pm_539f332e101a88d33b82b8db734b9971b58de022.png
Minigun

I would suggest that BRS liquidity while down...
Forum: Rotorheads
14th Feb 2019, 01:32
Replies: 244
Views: 308,544
Posted By industry insider

Mitchaa wrote: New bid contracts in...

Mitchaa wrote:



New bid contracts in the recent cut throat era, probably not so profitable. Longer term contracts have built in escalations which protect the helicopter operator against general...
Forum: Rotorheads
8th Jan 2019, 03:38
Replies: 244
Views: 308,544
Posted By industry insider

Looks like its going back up. $3.36. Now PHI is...

Looks like its going back up. $3.36. Now PHI is down. I wasn't feeling lucky gambling on BRS stock. But its down enough to delay the Columbia deal. If I was the family, I would want cash, not BRS...
Forum: Rotorheads
18th Dec 2018, 09:50
Replies: 244
Views: 308,544
Posted By industry insider

Maybe the flight attendant idea won't fix the...

Maybe the flight attendant idea won't fix the problem then?
Showing results 1 to 20 of 20


 
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