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  1. Bristow announces potential bankruptcy

    https://www.ainonline.com/aviation-n...-columbia-deal

    Well this could be interesting!


    Sent from my iPhone using Tapatalk

  2. #2
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    interesting, but I read elsewhere that BHL had said its UK operations will be unaffected,,,. CHC did something similar entering 'Chp 11' a few years ago in the USofA.

    BHL run the UKs SAR so it may have substantial implications,,,,, so we shall see I guess

  3. #3
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    Possible seeing seeing something in the Columbia books that might hurt them to terminate the merger. CHC is a Canadian helicopter buyout of the British one if I remember rightly when I was based at Buchan. I think in the mid nineties when CHC took over. I stand corrected.

  4. #4
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    Quote Originally Posted by SAXAVORDIAN View Post
    Possible seeing seeing something in the Columbia books that might hurt them to terminate the merger. CHC is a Canadian helicopter buyout of the British one if I remember rightly when I was based at Buchan. I think in the mid nineties when CHC took over. I stand corrected.
    You are correct Saxo', CHC bought British International Helicopters (BIH) back in the 90's.

    I believe that the buy-out of Columbia by Bristows, was cancelled by 'mutual consent' there were financial irregularities apparently so their backers called it off - but hope to do business in future.

    All the North Sea Heli operators, either have, or are currently going through significant difficulty.

  5. #5
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    unconfirmed report that Bristows have applied for Chp 11 today

  6. #6
    Nothing about it anywhere else. But then again there was nothing about BMI Regional going bust until the flights on Saturday were cancelled. As others have said, see what happens with British Ops. They also own Eastern Airways here as well, so that could have another dramatic effect on the UK regional market.

  7. Bristow (At Norwich) have only just taken over the Babcock Offshore operation here too - soon to be very confusing for a lot of lads and lasses!
    Of the four offshore operators at NWI only two seem to be okay...and that is really surprising!
    ...looked alright to me!

  8. #8
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    When CHC applied for Chpt 11 it did nt have quite the impact to its UK business as it did elsewhere. But they did reduce their fleet size considerably; CHC ditched many of the older types and lease aircraft.

    Bond have pulled out of all SNS operations and focused on NNS in the UK

    Still not sure whether BHL has actually applied for Cap 11 - time will tell

  9. #9
    If they had, the world would know..

  10. #10
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    Things still rumbling - it aint over yet.

    http://www.helicopterinvestor.com/ar...-it-looks-697/

 

 
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