PPRuNe Forums - View Single Post - What's happening in CHC?
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Old 6th May 2016, 15:03
  #572 (permalink)  
tasspook
 
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So CHC is in Chapter 11.....so what??? The way some of you lot are carrying on here, you'd think they were the first aviation entity in the known universe to do such. Chapter 11 exists for very specific reasons and CHC is not the first company to make use of those reasons to ensure their survival. This is business people.....BIG business and ALL the players know the risks, including the leasing companies. Its not about feeling sorry for anyone, its about having enough grey matter up there to understand this is simply business taking its course. Perhaps some of you lot should spend an equal amount of time researching and posting on HOW an operator like CHC could come to this in the first place and by that I mean specifically, how Amelio and his whacko bunch of know-nothing, piggy-bank thieves at FR drove this operator into the ground in record time.
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