http://www.chc.ca/press_releases_det...onFor%3D900593
So CHC is now owned by an 'affiliate of a fund managed by First Reserve', but what happens to crew's training bonds, contracts etc??
Presumably the new company now own all the assets including the staff, aircraft etc, so do training bonds with CHC effectively finish or get transferred to the new company or does nothing change??
Perhaps those more legal than I can share an opinon??