So how is the legal entity defined? The name on the AOC, company registration number or...??
My guess is it follows the legal registration of each business.
In Europe, the legal entities forming parts of CHC are:
- CHC Scotia Ltd
- CHC Ireland Limited
- CHC Helikopter Service AS
- CHC Denmark As
- CHC Helicopters Netherlands BV
Nothing is transferred : if you signed a contract with Scotia (for instance), Scotia is still what it was and so is your contract.
The main point here is that the change of ownership affects things on a different level than your specific relationship with the company.
What if another operator had bought CHC then? How would that be different?? Or is it only different if CHC is closed down in terms of company registration and AOC?
I think you're right, it wouldn't have been any different unless there was a change in the legal terms of the registration (and even so I'm not sure you would so easily be relieved from obligations previously contracted...)