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Longview Aviation Capital Corp. (LAC) was established in 2016 to manage a portfolio of long-term investments in the Canadian aerospace industry. At present, LAC includes and/or is associated with the assets of Viking Air Ltd., Pacific Sky Aviation Ltd, Longview Aviation Asset Management Inc. and Longview Aviation Services. With the addition of the Dash 8 Q Series, Longview holds the Type Certificates and entire product line of the original deHavilland aircraft company including the Twin Otter program and the DHC-1 through DHC-7 series, as well as the former Canadair CL-215, CL-215T, and CL-415 waterbomber aircraft. Through Pacific Sky, Longview also operates the world's only certified Category "D" Full-Flight Simulator for the Series 400 Twin Otter, complete with seaplane simulation capabilities. Upon completion of the Q Series transaction, Longview will have a workforce of approximately 1,800 full-time employees in manufacturing and service support in locations across Canada including Victoria, Calgary and Toronto.
Flying under the radar still, investors are all alseep
Institutional Holders Now holding 71% of shares, 12 founder and board members holding.
Very few available in public hands and very hard to buy over 10,000 shares, only purchases are 5000 shares and under
Iraq’s semi-autonomous Kurds upgraded their oil export pipeline to accommodate future production growth from their region as well as from the contested Kirkuk area controlled by the central government in Baghdad.
The Kurdistan Regional Government completed improvements to the pipeline to the Mediterranean port of Ceyhan, Turkey, by installing another pumping station in the Shaikhan area, the KRG’s Ministry of Natural Resources said on its website. The link’s capacity increased to 1 MMbpd from 700,000, it said.
Full article
https://www.worldoil.com/news/2018/11/5/iraqs-kurds-add-pipeline-capacity-to-export-kirkuk-oil
What did IAG get when they took V Hodder chief strategy officer to run LEVEL for IAG there low cost carrier, Norwegian air share price is still overpriced as IAG hold the 4% of the Norwegian Air Shuttle stock.
https://af.reuters.com/article/commoditiesNews/idAFL8N1XD150
With further consolidation in the sector , what are opportunities for Flybe to join Air France KLM or Luthansa.
Especially as IAG is still under antitrust investigation
https://www.ainonline.com/aviation-news/air-transport/2018-10-11/uk-authorities-review-iag-joint-venture-aa-finnair
Did the KRG mishandle oil contracts and revenue?
While the KRG sold itself as “an emerging market offering excellent opportunities,” oil industry corruption has also tarnished Iraqi Kurdistan’s reputation. On November 27, 2015, for example, Dana Gas, a United Arab Emirates-based energy company and one of the largest investors in Iraqi Kurdistan, won a London Court of International Arbitration ruling worth nearly $2 billion against the KRG. The case exposed bribery and extortion at the highest levels of the KRG. If Hussein was unaware of the corruption, he was either blind or incompetent. If he was complicit, then that bodes no better for his tenure at the finance ministry. The problem, of course, was not just corruption. The Dana impasse and arbitration caused a six-year delay in development, which meant lost profits on undeveloped fields and dissuaded further investment in Kurdistan.
While the KRG subsequently blamed defaults on the fight against the Islamic State and the pressures of caring for refugees, profligate spending by Kurdish political elites and the lack of austerity at top levels of the KRG belied such claims. KRG Oil Minister Ashti Hawrami acknowledged, “If the KRG carried on as before with its uncurbed spending and without real reforms, then even if we reached 1 million barrels of crude oil production per day and oil returned to $100 per barrel we would still not cover our financial requirements”.
The KRG contracted PricewaterhouseCoopers to audit the region but never released the results of its audits. Nor did the KRG release audits by Deloitte and Ernst & Young. Given Hussein’s central role in managing government at the time, shouldn’t Abdul-Mahdi demand their release and parliamentary examination? Given the Iraqi public’s sensitivity about corruption, shouldn’t Abdul-Mahdi seek to have his finance minister explain the difference between Barzani, KDP, and public party in the KRG? Perhaps parliament might ask why, if Barzani no longer serves as KRG president, he continues to occupy a mountaintop resort appropriated first by Saddam and then, after 1992, for the KRG presidency?
https://ekurd.net/fuad-hussein-sink-reform-2018-11-04
https://skift.com/2018/11/02/norwegian-air-takes-steps-to-ease-its-strained-finances/
Norwegian Air Shuttle ASA agreed to sell five Airbus SE A320neo narrow-body planes in a move that will boost liquidity amid a cash squeeze and rising oil prices.
The discount carrier’s Arctic Aviation Assets unit signed an accord covering the jetliners, which are currently leased out to another operator, Norwegian said Friday, without naming the buyer. The deal will lift liquidity by $62 million after the repayment of debt, and have a positive equity effect.
“Sale proceeds will be used to repay debt and to increase the company’s liquidity,” the company said in a statement, adding that the planes will be delivered in the fourth quarter.
Norwegian Air is taking a raft of measures to help its stretched finances cope with the winter slowdown as higher fuel prices add to the strain of what’s already the toughest time of the year for airlines. Chief Financial Officer Geir Karlsen said Tuesday that the carrier will also idle planes and trim capacity, deepen a cost-cutting program, and boost hedging measures. It sold six Boeing Co. 737s in August and two last month, and said it was looking at offloading the five Airbus A320s.
The Nordic company, which has rejected takeover approaches from British Airways owner IAG SA and also attracted interest from Deutsche Lufthansa AG, has been working to create a fleet joint venture with an unnamed partner that would take over cash obligations on its mammoth aircraft order book.
The deal would include an 8 billion kroner ($960 million) injection to help cover payments for Boeing and Airbus aircraft, people familiar with the matter have said, easing the financial burden on the discount carrier.
More than likely moved it elsewhere with another Hedge Fund.
Flybe represented 0.8% of Aberforth smaller companys fund.
Could it be the case that a major national coach and bus company are buying up shares from funds like aberfoth?
With Corrupt II's offloading, the question is to which Hedge fund are they off loading. FLYBE must be due a TR Notification on the buyers of shares with so many being off loaded.
Have the board not made comment on the share price? like they know of no reason for II's to sell off, needs some governance at FLYBE
Cant see why FLYBE even made advance annoucement of loss in adavance of he offical date . Smells like Monarch airlines hedgefund again
Who as been acquiring the shares, have they beeen moved into indirect holdings by the II's to shore up poor performing funds.
No airlines in Europe are seeing this kind of deliberate fruad by markets in london
http://www.cityam.com/266766/stobart-boardroom-battle-spills-over-into-courtroom
https://skift.com/2018/10/26/british-airways-owner-hasnt-quite-given-up-hope-on-landing-norwegian/
the II's all still have indirect holdings, expect them to be increased as they make profits.
If Stobart get back in, then they will be in problems with regulators thats a cert
To Much brxit crap as given the city boys all they need, perfect example is Reece mog and others.
FLYB would be as well to engage in a sharebuy back and sit tight, as for stobart, Southend carlisle airports, hardly big time, more in keeping with lower league. Stobart have big problems
Just stating the facts how a hedge fund managed to take out Monarch for its assets. 2 links first on Greybullocks capital.
2nd link on Lex via FT
https://www.mro-network.com/maintenance-repair-overhaul/monarch-bullish-future-after-ownership-change
https://www.dailymotion.com/video/x6egswi
When Monarch got into debt and problems, they were unable to sell any of there slots at Luton or other airports.
The allocation of slots is made by te owners of ariports, any airline not being able to operate does not give them the right to sell slots they have agreements with at Airports.
Watch for the Doggy hedge fund that screwed over Monarch
Nice to see Institutions taking increased holdings.
If you want to quote the Securities Exchange commission and its regulations, enforcement suggest you apply for a position.
Aall shareholders in GKP are required to dislcose to the company any holdings over the threshold that was 3% any relative who is connected to the board on a director level or non executive director level must disclose any holding over 0.5% .
Try Rockport capital LLC
Highlander. For the sake of keeping everything nice, we will refer to head of the US Administration as 45 .
Pompeo his way out of depth , and even Tillerson called out 45 for what he is.
I am more than aware of the US role inattempting to insught more riots, but be sure of one thing. Iran as never started a war and has never been defeated in a war.
The more Abadi the UK former lift operator attempts to cosy with 45 and KSA, the more Iraqis will turn and then we will see a return to Moqtada al-Sadr army who kicked the US forces butts so hard, they are still reeling from it.
If the UK Armerd Forces attempt anything again , then they will get another dose of the Basrawis, who kicked the UK forces out of Basra with such ease.
Moqtada al-Sadr calls on Iraq PM to step down as Basra crisis deepens.
Theresa May and Donald Trump Puppet Adabi must be on his way. Sadr see's Adabi and his crook leaders in the west for what they are.
https://www.middleeasteye.net/news/moqtada-al-sadr-calls-iraq-pm-step-down-basra-crisis-deepens-622380245