Vih

[Mole]

Heard a rumor that VIH is buying Highland Helicopters.

Anyone hear anything on that?

[amodao]

Probably trying to position themselves early to slow down their eventual take over by CHC International when the westcoast oil exploration begins.

[amodao]

It will have to be some very rich dude to be able to buy a company that has 300 plus mediums and heavies. Not sure if you know or not but CHC International has been on a bit of a purchasing spree over the last 10 or so years. Sure they have had there ups and downs but even the might HAS fell to them. Other than the operators in the Gulf I don't think there are many competitors out there available for them to purchase. The company has been fueled on atlantic salmon up to now but once they get a taste of that west coast variety they may spread out the fishing nets again. They sure got a nice pretty new building, the **** thing keeps on expanding. Remember everything is for sale for a price! :up:

[leadingedge]

You would be surprised how many of those so called 300 machines the boys form quebec already own and lease back. CHC days are numbered.

[Deep Throat II]

The boy from Que would be Coast to Coast and at present they own 3 Machines on Leaseback to CHC Intl, you would need a big chequebook to take out these guys go to stockhouse symbol is FLY and look at the Market Cap, all the info about what they lease from whom is availabe as they are a public company!!!!!

[cap]

Careful gents. I once knew of a weathy real estate agent from Newfoundland that bought the 2nd largest helicopter company in the world. What happened in order for him to make that purchase, can also happen to him now. So anything is possible in aviation folks. Don't bother with "the leasing thing" either because we all know of companies that list lots of aircraft of varying types and most of them are leased. In many cases that's called good business. I'd personally be surprised if one of the companies leasing aircraft to CHC wasn't also a self-owned company of one Mr. Dobbin. That's also called good business.

[leadingedge]

Cap, exactly! anything can happen and I would pay very carefull attention to CC these days they just swallowed up Venture, and are slowly creeping west . Not to be trusted these Quebecers! Venture borrowed some cash and are now being shoved out.

 

A publicly held corp like CHC is vulnerable in many ways, specifically concerning transparency and an easy target.

 

Keeping CC out of BC is going to be a challenge, but how? Any company rich enough to self insure the fleet and drop wages and rates- scarry!

[leadingedge]

Cap, exactly! anything can happen and I would pay very carefull attention to CC these days they just swallowed up Venture, and are slowly creeping west . Not to be trusted these Quebecers! Venture borrowed some cash and are now being shoved out.

 

A publicly held corp like CHC is vulnerable in many ways, specifically concerning transparency and an easy target.

 

Keeping CC out of BC is going to be a challenge, but how? Any company rich enough to self insure the fleet and drop wages and rates- scarry!

[Deep Throat II]

Slowly creeping out west? They currently operate 35 machines in Alberta alone, if this is slow I would hate to see fast.... I guess you aren't getting the News as fast as everyone else.

[leadingedge]

Throat 2

 

What I am struggling with is that you seem to have a good idea's for what can been seen but a difficulty for the abstract. Yes the Quebec boys are going to pounce!