Obviously all rumours.
As most are well aware, CHC and Thai Aviation Services had operated together for quite some time, relatively speaking, in the helicopter world anyway. The ex-pat staff recently moved to TAS from CHC (those near and over 60 weren't so lucky I hear) to 'hopefully' remain secure in employment, but unfortunately now, it would seem another spanner has been thrown into the works.
Chevron, the company who TAS contract for in the Gulf of Thailand, are rumoured to have decided to sell off $5 billion of assets. Unfortunate that 2 new S92's and I believe 4 or 5 S76D have been ordered. Whether this is a joint deal with Chevron or just a TAS order, who knows.
Does mean that the probable purchasers of the offshore assets will be the Chinese?
I hope the ex-pat staff out there don't end up being tossed aside for a chinese/thai partnership.
Good luck to all.
