Ann: Operational excellence drives improved financial performance, page-5

Given the average age and component hours of their fleet and the same on the 2 new companies I would get out while at this level. When the merger/saviour package goes through and the financiers have control all they will want to do is pull every last dollar out as they need to get something as they know they will never get their $480m in outstanding finance. There will be even less spent on maintaining the fleet and no new equipment so I can only see it going one way.

All EHL have done is merge with 2 almost failed companies to try and protect the market which is just stupidity