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Blackstone Buys 45 Twin Otters On Floats

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Blackstone Buys 45 Twin Otters On Floats

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Old 4th Feb 2013, 15:28
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Blackstone Buys 45 Twin Otters On Floats

Press: Blackstone (NYSE: BX)

NEW YORK & MALE, Maldives --
Blackstone (NYSE: BX) today announced that a private equity fund managed by Blackstone on behalf of its private equity investors has acquired a controlling interest in two Maldives-based seaplane operators – Maldivian Air Taxi “MAT” and Trans Maldivian Airways “TMA”. more........


Viking Twin Otters DHC6-400 involved in the deal.

Bloomberg
Reuters
Blackstone’s Quarterly Profit

All this even after the GMR BS No wander they wanted out before they had the same fate.

Last edited by Ejector; 4th Feb 2013 at 15:40. Reason: Insert Links
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Old 5th Feb 2013, 10:31
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Blackstone has CEO in charge of every thing, he seems a decent guy with the big stick.

Lars, is the new Chairman.

His side kick Fozzy is the new GM.

Edward is number 3 (TMA)

To flip a coin to decide on what color shorts.
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Old 14th Feb 2013, 22:36
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Good news or bad?

So, what do you suppose this means for pilots trying to get hired in the Maldives?

I'm a pilot, not an MBA, so don't know if this is good news or bad for someone who wants to fly there.

Last edited by KrootTheBirdman; 14th Feb 2013 at 22:37.
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Old 15th Feb 2013, 08:02
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Confusing title, read it as an order for 45 Vikings, would have kept them busy for a long time!
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Old 24th Feb 2013, 10:05
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Lars is a Director now and not the Chairman
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Old 5th Sep 2013, 05:24
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a bit of controversy ?!?

Since Blackstone operated this merger between TMA/MAT, things are going south apparently. Hence the article published in "Minivan" an online newspaper.
Here is the link for those who might be interested :

?Worst fears? over Blackstone seaplane buyout now a reality, warns hotel group | Minivan News
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