May, 2010 Volume 10-155

Message from the CEO

Britt and I travelled to Australia this month to review with our customer the 2009/2010 performance of the 2-S-61s and the S-76 working the State’s firefighting program.

I am very pleased with the report card from our customer and again our crews did an excellent job.

 XEC continues to work in Sale, Australia which is also in Victoria State and has been extended until the end of 2010 as the gas drill rig we have been working from has found one of the largest gas deposits in Australian history.

 We are very active bidding the S-61s on a variety of different mission profiles and should have some direction very soon on the next steps with BSF and MAY.

The Mars will start its contract with the Province of BC on June 15th for a 90 day term.  The Province is not experiencing any fire difficulty at this time.

CML continues to operate week by week and Jim, John and Foster are keeping customers in front of us.  We are getting excellent response and support from both old and new customers.

Gary and team have logs flowing to CML and, at this time, both logs and lumber seem stable in the marketplace.

The single biggest uncertainty is the fact the union contract is up on June 15th and the Steelworkers have been nowhere in sight.

It will be an interesting summer...

 

                                                               Wayne

 

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4890 Cherry Creek Road, Port Alberni, BC, Canada V9Y 8E9 Phone: (250) 723-8118 Fax: (250) 723-7766

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