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 Post subject: For Sale: Sikorsky
PostPosted: 12 Mar 2015, 17:12 
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United Technologies has announced that it is selling Sikorsky. Hoping that they are not purchased by Cerberus or one of the other [cough] turn-around specialists.

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Last edited on 13 Mar 2015, 08:45, edited 1 time in total.

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 17:37 
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Username Protected wrote:
United Technologies has announced that it is selling Sikorski. Hoping that they are not purchased by Cerberus or one of the other [cough] turn-around specialists.


How does one say, "Sikorski" in Chinese?

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 17:43 
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Username Protected wrote:
United Technologies has announced that it is selling Sikorski. Hoping that they are not purchased by Cerberus or one of the other [cough] turn-around specialists.


How does one say, "Sikorski" in Chinese?


:werd:

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 17:48 
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Username Protected wrote:
United Technologies has announced that it is selling Sikorski. Hoping that they are not purchased by Cerberus or one of the other [cough] turn-around specialists.


How does one say, "Sikorski" in Chinese?


Soykorski
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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 18:20 
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Username Protected wrote:
United Technologies has announced that it is selling Sikorski. Hoping that they are not purchased by Cerberus or one of the other [cough] turn-around specialists.



How does one say, "Sikorski" in Chinese?


I cannot imagine DoD/DoC approving a sale to China.
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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 21:02 
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I bet China.

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 21:53 
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How does one spell Sikorsky in English?

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 22:58 
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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 23:29 
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Quote:
How does one say, "Sikorski" in Chinese?


Sinokorski.

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 23:46 
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[quoteHow does one say, "Sikorski" in Chinese?[/quote]

[quote[ Soykorski[/quote]


No thats Japanese. :)

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 23:51 
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And so, the Dominos begin to fall.

Recall that some time ago, Sikorksi bought 51+% of Eclipse Aero, in order to assure its supply chain of engine, avionics and sub-components.

If this ball of yarn unwravels, I wonder if Sikorsky will divest itself of EA in order to show profiability.

Its also possible that ownership of EA will be transferred to UTC to "clean slate " Sky for sale. Some buyers wouldnt want the EA liability.

Enquiring minds.

[ I wonder if M. Ciholas is around]

:)

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 23:57 
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The EA deal was interesting, Jeff Pino, then sikorsky CEO had just bought himself an eclipse. Felt to me more like ensuring support for his plane than a good business decision.

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 Post subject: Re: For Sale: Sikorski
PostPosted: 12 Mar 2015, 23:58 
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Charging $16 million for the new S-76D surely doesn't help. Eurocopter has competing products that cost far less, and with the drop in oil prices, the S-76D is not selling well. In fact, most users who signed up for it during the high oil price days have jumped ship. That leaves the cash cow the UH-60, but it's coming to the end of its moneymaking life.

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 Post subject: Re: For Sale: Sikorski
PostPosted: 13 Mar 2015, 00:25 
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Username Protected wrote:
The EA deal was interesting, Jeff Pino, then sikorsky CEO had just bought himself an eclipse. Felt to me more like ensuring support for his plane than a good business decision.


Im sure that was partly the case. (IIRC he got 2 of them, sold one).

I retired from UTC and worked in /with S-ski quite a bit. The supply chain management deal was, by far, the deal maker in the EA deal. More than 2/3rds of the plane came from UTC or subsidiaries. also, the engines were the premier platform for that line.

If EA goes south (as any small aerospace company can), UTC wont have lost anything. Its all upside at this point. But, then, that the UTC way. Some say they are not indistinguishable from the mafia in their management practices. And I say that with the kindest regard. Its nice to know where you stand with your business partners. ;)

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 Post subject: Re: For Sale: Sikorsky
PostPosted: 13 Mar 2015, 09:57 
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I just drive by them this week! If I wasn't in such a hurry to get home, I would have stopped. I seriously thought about it but kept rolling.


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