Trouble in CHC
Trouble in CHC
Is there trouble within CHC at monent and possibilities of job losses after contract losses.
Joined: Dec 2002
Posts: 110
Likes: 0
From: Oop North
Don't know about CHC but strong rumours that at least one pilot and some engineers want to return to CHC because Bond is not what it used to be - no overtime and "you vill do as you are told" mentality. Not quite the right time to do that though!!!
332M
332M
Joined: May 2002
Aviation Qualifications: ATP+Mil
Posts: 18,633
Likes: 1,072
From: Downeast
Kinda like OLOG huh?
The old Bob Sugg's school of management thought process....need a pilot...just go to any Bourbon Street gutter.....funny how they fail to catch on that times have changed.
The old Bob Sugg's school of management thought process....need a pilot...just go to any Bourbon Street gutter.....funny how they fail to catch on that times have changed.
Joined: Sep 2001
Posts: 219
Likes: 0
From: South of 60
CHC will undoubtedly go the way of all previously large and arrogant Canadian operators through the years and simply implode.
For whatever reason, it just doesn't seem to be part of the Canadian operator's psyche to know when big is big enough.
What will be worth watching, however, is how the company reacts (read informs shareholders) when the first cracks in the armor start appearing.
For whatever reason, it just doesn't seem to be part of the Canadian operator's psyche to know when big is big enough.
What will be worth watching, however, is how the company reacts (read informs shareholders) when the first cracks in the armor start appearing.
Joined: May 2001
Posts: 314
Likes: 2
From: UK
He surely can't have been pushed after such a short time. He must either have realized he was on a no winner or he has been made the scapegoat for previous poor management.
What difference would it have made if Dobin had picked the red management team after the takeover?
What difference would it have made if Dobin had picked the red management team after the takeover?
Joined: Jun 2002
Posts: 485
Likes: 6
From: Avon, CT, USA
first cracks in the armor start appearing
Quote: "first cracks in the armor start appearing"
I think we are already seeing that. I listened to a recent CHC shareholders conference call and they brought up their cash position and how they want to improve it. It's not good when a company is short on cash, it's usually a sign that there are other underlying problems.
I think we are already seeing that. I listened to a recent CHC shareholders conference call and they brought up their cash position and how they want to improve it. It's not good when a company is short on cash, it's usually a sign that there are other underlying problems.
