hope it works out
I hope the buy out works for the company and workforce. I was working for Bristow when they were taken over by a company called Bricom. The net result was the pension fund being reduced to minimum, a number of top end and bottom end staff redundancies and a fairly unpleasant shuffle towards onward sale. It took several years, a couple of other shady owners before the takeover by another HELICOPTER company OLOG to make the recovery.
It must be emphasised that nothing Bricom did was illegal but there was a pretty awful stench of excrement about it. It didn't matter to Bricom that Bristow was a helicopter operator it could have made rubber dog doo for all they cared, it was just a cynical soulless money making excercise.
I don't work for CHC but, I do not wish any other group of pilots and engineers to go through the humilliation of having some faceless money man go through your pockets and knicking the lot.