Some good points from several posters, and the odd scaremongering post.
I think the old Mark Twain quote springs to mind 'reports of my death have been greatly exaggerated...'.
CHC does face some big issues and is taking some tough decisions, as are Bristow's and others. They may be bigger, and more urgent in the case of CHC, but there have already been some big changes. The whole concept of phase lag should be familiar on this forum; the inputs have been made but will take a little time to make a change.
I wouldn't bet the farm on some of the negative statements on here.