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Search: Posts Made By: LesPretend
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Forum: Rotorheads
11th May 2019, 16:10
Replies: 72
Views: 78,714
Posted By LesPretend

Bristow files for Chapter 11 Bankruptcy

In a press release issued after stock markets were closed for the week, Houston, Texas based Bristow group announced Saturday, May 11, 2019 that the Company has voluntarily filed for Chapter 11...
Forum: Rotorheads
9th May 2019, 15:24
Replies: 256
Views: 286,635
Posted By LesPretend

Itís so absurd they just might just get away with...

Itís so absurd they just might just get away with it.

Interestingly itís not just those 4, 5 others got a retention payment too so thatís likely to be another few mil from the dwindling fire.
...
6th May 2019, 22:00
Replies: 950
Views: 926,476
Posted By LesPretend

To me (Iím probably wrong) it all sounds a bit...

To me (Iím probably wrong) it all sounds a bit personal.

You never know when you need a favour. Loganair Iím sure will be privy to whatís going on at Eastern which isnít coming out into the open...
2nd May 2019, 11:11
Replies: 489
Views: 413,596
Posted By LesPretend

Arenít most smaller regional airlines fairly...

Arenít most smaller regional airlines fairly shambolic?

If what I read on here is correct most appear to be. Iím never sure if thatís because they are a shambles or if itís because most are run on...
30th Apr 2019, 21:57
Replies: 950
Views: 926,476
Posted By LesPretend

Didnít BMI not have IOSA approval? Cant they...

Didnít BMI not have IOSA approval?

Cant they just transfer that over with everything else?

(Ive obviously said that with my tongue firmly in my cheek)
29th Apr 2019, 22:30
Replies: 857
Views: 497,483
Posted By LesPretend

Did I dream that I read something on here about...

Did I dream that I read something on here about the possibility of a RYR BOH-ABZ service?

Im always surprised more isnít done to promote just what an amazing destination the area is. With recent...
26th Apr 2019, 22:00
Replies: 950
Views: 926,476
Posted By LesPretend

Sad news in a way about the Dornier. End of an...

Sad news in a way about the Dornier. End of an era I guess. I remember meeting Roy and Merlyn Suckling when they were pitching for work out of Aberdeen.

They donít make them like that anymore.
24th Apr 2019, 20:26
Replies: 950
Views: 926,476
Posted By LesPretend

With Bristol isnít it a catchment thatís got used...

With Bristol isnít it a catchment thatís got used to cheap fares and baulks at having to pay the Ďproperí price?

It was very often £200 cheaper for me to drive to Inverness to catch the EZY than...
24th Apr 2019, 11:20
Replies: 489
Views: 413,596
Posted By LesPretend

Well sort of. Bristow thought at the time...

Well sort of.

Bristow thought at the time that the route into contracts for the expanding northern sector was to offer an integrated service for their clients (this had worked very well for the...
22nd Apr 2019, 19:08
Replies: 489
Views: 413,596
Posted By LesPretend

I could be wrong but I suspect that much has been...

I could be wrong but I suspect that much has been going on behind the scenes to separate Eastern away from Bristow. I heard a few months back that the ownership structure has changed and Iíve not...
Forum: Rotorheads
16th Apr 2019, 16:21
Replies: 256
Views: 286,635
Posted By LesPretend

Itís recovered a bit to only be down by 50% on...

Itís recovered a bit to only be down by 50% on the day to 0.53 cents.

Surely not everyone they owe money to is happy just to let this meander on?
Forum: Rotorheads
16th Apr 2019, 07:44
Replies: 256
Views: 286,635
Posted By LesPretend

I see the stock plunged again after trading...

I see the stock plunged again after trading finished yesterday to around 70 cents after the latest update on their filing.

Looks grim, legal firms appointed to assist Ďturnaroundí etc non payment...
Forum: Rotorheads
7th Apr 2019, 09:24
Replies: 4
Views: 2,924
Posted By LesPretend

Interesting. Will they follow this by...

Interesting.

Will they follow this by awarding the Falklands work to them as well?

Anyone know when their S92s we keep hearing about are arriving?
Forum: Rotorheads
7th Mar 2019, 21:45
Replies: 256
Views: 286,635
Posted By LesPretend

I heard today that Eastern has been sold (or...

I heard today that Eastern has been sold (or given?!!!) back to the original owners?

Might be nonsense.
Forum: Rotorheads
4th Mar 2019, 10:19
Replies: 256
Views: 286,635
Posted By LesPretend

No the post on the 7th did get it right. Im...

No the post on the 7th did get it right.

Im told BRS will announce today that the 5yr BP contract has been won.

Good news at least for U.K. Oil&Gas!!
Forum: Rotorheads
1st Mar 2019, 12:40
Replies: 256
Views: 286,635
Posted By LesPretend

Interesting to see what the market makes of this....

Interesting to see what the market makes of this.

So it took them 3 months to come up with this appointment. Sounds a bit like no one else wanted the poisoned chalice.

So the guy thatís...
Forum: Rotorheads
26th Feb 2019, 09:29
Replies: 256
Views: 286,635
Posted By LesPretend

Just an opinion but BRS misjudged badly what...

Just an opinion but BRS misjudged badly what their clients wanted when they bought into these fixed wing operators. They appear to have also allowed them to haemorrhage cash without stepping in and...
Forum: Rotorheads
20th Feb 2019, 07:43
Replies: 256
Views: 286,635
Posted By LesPretend

Actually Iím still hearing quite the opposite. ...

Actually Iím still hearing quite the opposite.

Im sure all will be revealed in the next few weeks.
17th Feb 2019, 14:34
Replies: 950
Views: 926,476
Posted By LesPretend

Or when Bristow gets fed up of loosing roughly...

Or when Bristow gets fed up of loosing roughly £50k A DAY on Eastern (according to their latest Quarterly earnings)
Forum: Rotorheads
14th Feb 2019, 15:11
Replies: 256
Views: 286,635
Posted By LesPretend

​​​​​Shares up sharply this morning already, all...

​​​​​Shares up sharply this morning already, all back to normal (!) so looks like Jonathan has earned that big fat termination after all.

Ahh
Forum: Rotorheads
14th Feb 2019, 11:23
Replies: 256
Views: 286,635
Posted By LesPretend

That appears to be the company line from U.K....

That appears to be the company line from U.K. management today in the round robin that some stakeholders got verbally today.

Other Ďhighlightsí are of course itís business as usual, plenty of...
Forum: Rotorheads
11th Feb 2019, 23:32
Replies: 256
Views: 286,635
Posted By LesPretend

Itís not the biggest issue but allowing the fixed...

Itís not the biggest issue but allowing the fixed wing operators to haemorrhage cash the way they have and allow them to continue has put a lot of rotary jobs at risk as this latest set of accounts...
Forum: Rotorheads
7th Feb 2019, 10:54
Replies: 256
Views: 286,635
Posted By LesPretend

So the earnings call has been put back till next...

So the earnings call has been put back till next week.

I wonder if itís to incorporate some good news.

Rumours of a big contract win in the UK
Forum: Rotorheads
5th Feb 2019, 07:14
Replies: 256
Views: 286,635
Posted By LesPretend

Unfortunately BRS are not alone in having an HR...

Unfortunately BRS are not alone in having an HR department that Iím guessing seemingly expands as the work dwindles. Thatís a common theme repeated over O&G companies at the moment.

As an...
Forum: Rotorheads
30th Jan 2019, 19:29
Replies: 2
Views: 3,567
Posted By LesPretend

Bit of a strange situation. Our contacts in...

Bit of a strange situation.

Our contacts in NWI have now all mostly moved or been moved on. Centralisation out of ABZ?

Hope everyone affected gets sorted out quickly.
Showing results 1 to 25 of 46
 


 
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