PLUNA in trouble?

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Jimbo_810
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PLUNA in trouble?

#1 Post by Jimbo_810 » Tue Jun 05, 2012 8:52 am

PLUNA in trouble?

http://www.washingtonpost.com/world/the ... ltoafriend

Interesting read.
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oh yeah baby
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Re: PLUNA in trouble?

#2 Post by oh yeah baby » Tue Jun 05, 2012 3:15 pm

Another wise decision by Chorus management... But no worries they will get their bonus anyways...
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vortac
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Re: PLUNA in trouble?

#3 Post by vortac » Thu Jun 07, 2012 12:07 am

The management thought it might be fun to gamble a little in a country/market they have probably never even been to, much less know anything about. Bravo.

Mostly because 15mil could never be invested back home in say....... perhaps acquiring oil sand charters. Perhaps leasing an aircraft that is actually adequate for the work.
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Mig29
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Re: PLUNA in trouble?

#4 Post by Mig29 » Thu Jun 07, 2012 6:42 am

South America (in general) is a not a stable place for investing, it is still run on corrupt and sketchy business models....yes, there are some places like Chile where it may be worth spending your dollar, but even there you have to know ins and outs of how the business works there and who you want on your side when dealing with bureaucratic governments...

just my 2 cents
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Re: PLUNA in trouble?

#5 Post by yycflyguy » Wed Jun 13, 2012 8:21 am

South America (in general) is a not a stable place for investing, it is still run on corrupt and sketchy business models....
You aren't suggesting that Canada is immune to corruption are you?

The worst corporate/government collusion I have ever witnessed is happening right here in Canada.

Violation of Labour law? Right here in Canada.

Selling of safety for profit? Right here in Canada.

Government manipulation of laws to help corporations achieve their "global" goals? Right here in Canada.
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Localizer
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Re: PLUNA in trouble?

#6 Post by Localizer » Thu Jun 14, 2012 6:27 am

You aren't suggesting that Canada is immune to corruption are you?

The worst corporate/government collusion I have ever witnessed is happening right here in Canada.

Violation of Labour law? Right here in Canada.

Selling of safety for profit? Right here in Canada.

Government manipulation of laws to help corporations achieve their "global" goals? Right here in Canada.
So everyone gets it .. understands it .. yet we stand divided, why?
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yycflyguy
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Re: PLUNA in trouble?

#7 Post by yycflyguy » Thu Jun 14, 2012 6:36 am

Localizer wrote:
You aren't suggesting that Canada is immune to corruption are you?

The worst corporate/government collusion I have ever witnessed is happening right here in Canada.

Violation of Labour law? Right here in Canada.

Selling of safety for profit? Right here in Canada.

Government manipulation of laws to help corporations achieve their "global" goals? Right here in Canada.
So everyone gets it .. understands it .. yet we stand divided, why?
I dunno. Ego? Vindictiveness?

With airlines turning more and more to cadet programs there needs to be a Global College, not just one in Canada. I doubt either will happen.
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dashx
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Re: PLUNA in trouble?

#8 Post by dashx » Sun Jul 01, 2012 9:50 pm

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~Hollywood~
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Re: PLUNA in trouble?

#9 Post by ~Hollywood~ » Fri Jul 06, 2012 12:10 pm

Dunzo

http://www.reuters.com/article/2012/07/ ... M620120706
Canada's Chorus Aviation Inc holds a 33 percent stake in Leadgate but said last month the situation at Pluna was not affecting its current cash flow.
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