CHC are losing contracts left right and centre. They are failing in the tenders. Bristows had decided no redundancies would happen so must be in a much improved position now.
It's all going downhill rapidly for CHC at the present time. Watch out for interesting news at CHC very soon. Pilots being 'directed' around the Southern bases and from what is being said, it's a good job the 'consultants' who have been brought in to turn CHC around have such a good track record.
Professionals - Alvarez & Marsal
This gentleman is now COO for CHC Europe.