BRS / CHC Merger
A number of us came from there too but not sure about moving back.
Join Date: Feb 2001
Location: West coast Australia :)
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Hey Ho other opportunities will present themselves.
si
Join Date: Feb 2001
Location: West coast Australia :)
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Thats the only guys I know of, there may be more whom I haven't heard about.
I looked at it but the cost was going to about the same as a 139 type rating. I decided not to start from scratch again so went with the 139.
I looked at it but the cost was going to about the same as a 139 type rating. I decided not to start from scratch again so went with the 139.
What on earth has happened to the CHC website? They needed to change the homepage picture of what looked like an S61N after a heavy landing but the rest of it was OK. It used to be so easy to see what vacancies there are around the world. Not any more.
Maybe there is some truth to this rumour?
https://www.ainonline.com/aviation-n...comes-offshore
CHC CEO Karl Fessenden also resigned last week and this morning CHC announced that it had retained super law firm Paul, Weiss “to explore merger and acquisition opportunities across the space.” Candidates for merger could include Era or competitors PHI and Bristow Group; the latter two filed for bankruptcy protection earlier this year.
So CHC employing ‘merger specialists’ to buy their way out of trouble?
Where have we seen that before?
Current over-saturated market was born from clients wanting choice of operators to keep prices down. Indeed, clients bought in their own ‘operators’ to ensure prices kept low.
How long will clients allow these merger talks to persist as fewer operators not to their advantage?
Where have we seen that before?
Current over-saturated market was born from clients wanting choice of operators to keep prices down. Indeed, clients bought in their own ‘operators’ to ensure prices kept low.
How long will clients allow these merger talks to persist as fewer operators not to their advantage?
Last edited by EESDL; 3rd Aug 2019 at 13:06.
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Join Date: May 2016
Location: Houston
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So CHC employing ‘merger specialists’ to buy their way out of trouble?
Where have we seen that before?
Current over-saturated market was born from clients wanting choice of operators to keep prices down. Indeed, clients bought in their own ‘operators’ to ensure prices kept low.
How long will clients allow these merger talks to persist as fewer operators not to their advantage?
Where have we seen that before?
Current over-saturated market was born from clients wanting choice of operators to keep prices down. Indeed, clients bought in their own ‘operators’ to ensure prices kept low.
How long will clients allow these merger talks to persist as fewer operators not to their advantage?
sweep thru the Support Staff with a rumored 25% headcount reduction globally
One would think that CHC had learnt from its past mistakes. When it was being dragged under by the losses that it’s previous purchase of British International helicopters was making and no one would buy it from them, they went into “predatory buy-out” mode to buy Helicopter Service Group which included HKS, Bond and Lloyd (including subsidiaries). They only just managed to succeed in this task at the cost of putting themselves in so much debt they never recovered. Having since put themselves through the chapter 11 process, are they going to go into this suicidal buy-out mode again? Will they ever learn?
And stronger, CHC are doing a sweep thru the Support Staff with a rumored 25% headcount reduction globally and 15 at the Australian head office...including finally the Irish one...