There's a rumour doing the rounds where I work that the CHC Halifax base is for sale/has been sold (depending on who you talk to).
northseaguy,
I would say that the asset strip, break-up and sale is a given. FR is an investment company, not an aviation company and all CHC is to them is a means to an end. You or I might buy a house to flip or a car to turn over, FR bought CHC. As an entity CHC is not profitable to the extent that FR wants and after a little massaging from them the various companies that were once purchased by Mr Dobbin to add to the group will probably be sold off or scrapped in order to create a company/companies that are financially valuable and attractive to buyers.