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CHC - Any thoughts?
What is going on? Does anybody know?:ouch:
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Welcome to the forum. :ok:
Use 'Search', enter 'CHC' and you'll find all the latest news and discussion. Heliport |
European restructuring innit ?
a good idea I would have thought considering they are spread out over scotland, england, ireland, denmark, and norway. |
According to the staff briefs being given in the UK, the new company (CHC Europe) will be the all singing all dancing pan Europe company which will be fit to compete against the lean and mean new starts like Bond.
The new Operations Director (who has the diplomacy skills of a bull in a china shop - and similar intellegence, some people say) has persuaded the MD to turn everyone upside down, shake them all about and see where everybody lands. A heap of new management posts with titles no-one understands has been created and all existing managers who have been told their jobs are "at risk" are having to apply for the new jobs. In the meantime, no-one is running the company on a day to day basis. Aberdeen lost a chief pilot to Bond (no great loss actually) and the replacement has resigned to go to Bond within a few days of his appointment. Again, no great loss except for the embarrasment to the company. After he resigned, he was told he had to go to work in Norway to work his notice. He is now "off sick" . The latest Aberdeen chief pilot is a nice guy but is not licenced on any type operating from the base !! As far as merging Norway,Ireland, UK and Denmark is concerned, no consideration seems to have been given to the different cultures involved. We wait with interest to see what will happen. One thing is sure, the directorship of the company has no idea how to get the employees on their side. |
'Johnny B his long suffering underdog' Chopperman. |
Word has it that CHC International has snaffled a couple of contracts out of India.
Whats the goss and who's for curry! Steve |
Steve 76 here's the Goss, Crews have already been selcted and are getting C+ training as we type
FOR: CHC HELICOPTER CORPORATION TSX SYMBOL: FLY.A FLY.B NYSE SYMBOL: FLI OCTOBER 28, 2003 - 11:33 ET CHC Awarded New Contract in India ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, CANADA--CHC Helicopter Corporation ("CHC") (TSX: FLY.A and FLY.B; NYSE: FLI) today announced that it has reached an agreement with United Helicharters Pvt. Ltd. of India, to jointly provide two new two Sikorsky S76C+ helicopters to Transocean and Dolphin Drilling in support of their deepwater programs offshore India. CHC Helicopter Corporation will provide the two S76C+ helicopters on dry-lease basis, and technical support services, to United Helicharters Pvt. Ltd. for a period of four years. The total value of this agreement is approximately CDN$23 million over the period. CHC Helicopter Corporation is the world's leading provider of heavy and medium helicopter services to the global offshore oil and gas industry, with aircraft operating in 23 countries and a team of approximately 2,500 professionals worldwide. If you wish to be added to, or removed from, the Company's distribution list, please contact [email protected]. This press release and analysis may contain projections and other forward-looking statements within the meaning of the "safe harbour" provision of the United States Private Securities Litigation Reform Act of 1995. While these projections and other statements represent our best current judgement, they are subject to risks and uncertainties that could cause actual results to vary. These statements may involve risks and uncertainties including, but not limited to, factors detailed in CHC's Annual Report on Form 20-F and in other filings with the United States SEC. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. |
CHC Helicopter lands $34M North Sea contract
Jan. 15, 2004. 02:31 PM
CHC Helicopter lands $34M North Sea contract FROM CANADIAN PRESS ST. JOHN'S — CHC Helicopter Corp. says its European division has won a three-year, $34 million contract for flights to and from North Sea drilling rigs. The deal also includes a two-year extension option for services from CHC's pool of Super Puma AS332L aircraft, the Newfoundland-based firm said today. The contract, involving Eni UK, BG Group and ConocoPhillips Petroleum, will begin Feb. 1 from CHC's base in Aberdeen, Scotland. CHC Helicopter operates in 30 countries and has 3,400 professionals worldwide. On the Toronto stock market today, CHC shares (TSX: FLY.A) rose 22 cents to $30.09. source |
Time out
This is good news for the Scotia bods but sounds like another nail in the coffin for our Bristow brothers (and Sisters). :hmm: |
Bristow has had no luck with any bids for work in the North Sea for a long time now. It is either a hopeless commercial department at Aberdeen or some sinister plot hatched in North America!! In most companies wouldn't heads have rolled by now?
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Greed...just pure and simple...greed! That.... and the best spin during the tender process.........as we say in North America....He with the most toys...wins!;)
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CHC Scotia job losses
Grampian TV News report
Helicopter firm announce job losses Jobs are to be lost at an Aberdeen-based offshore helicopter firm. C.H.C. Scotia admit staff will go from their aircrew and engineering divisions while unions fear more will follow. C.H.C says around 20 jobs will be lost initially. The company says it can't confirm the exact number and it also can't rule out more posts going. It's blaming the recent loss of a 100 million pound contract to ferry Talisman Energy workers to North Sea platforms. A 200 million pound deal with Shell was also won by a rival operator. The firm is consulting staff about the job losses and it's thought around 160 people could be affected across Europe. Unions are worried it's not the end of the cuts. C.H.C says it hopes to minimise compulsory redundancies in Aberdeen, while staff will also get the chance to relocate within the company. It also says it's working to replace the lost Talisman business, and it will offer a consultancy service to affected staff. C.H.C currently employs around 200 people in Aberdeen. There are fears two firms who offer ground support to the company at Dyce could now also be facing job cuts. The pilots union BALPA says it's monitoring developments. |
How many aircraft was servicing the Talisman contract ? And why would there be job-losses due to the Shell contract that stayed with Bristows ?
:confused: |
Is CHC as pilots want another large pay rise so easy option make job losses
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Say that again in English!
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Bristow and CHC got the same pay deal so that doesn't make a lot of sense!
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hi,
last salary increment CHC Scotia was in september 2004 ,any idea about new pay raise in 2005??? |
As per usual it's an excuse to cut costs at the expense of the employee, nothing unusual in Aberdeen, in fact I can't understand why you are all shocked.
It's par for the course. Nice to see someones got his priorities right and wants to know about his pay rise and not give a hoot about the poor sods about to loose their jobs.:* |
From the P & J.
HELICOPTER FIRM TO CUT JOBS AFTER LOSING OIL CONTRACTS JOE WATSON BUSINESS EDITOR 09:00 - 02 March 2005 Jobs are to be shed by an Aberdeen-based helicopter company - and possibly two of its support firms - after it lost two oil contracts. CHC Scotia is consulting staff and unions on job cuts. The Press and Journal understands as many as 160 people could be affected Europe-wide from April 1. Sources indicated yesterday that upwards of 70 jobs could go in Aberdeen. But CHC last night would only admit to 20 aircrew and engineering posts going in the "early phase" of a restructuring process in the city. The company recently lost two large contracts to rival helicopter operator Bristow's. The deals involved a £100million 10-year contract to fly Talisman Energy (UK) staff to its North Sea operations and a seven-year £200million deal from Shell E &P in the central and southern North Sea. It was the loss of the Talisman contract that dealt the biggest blow and forced the cuts. CHC head of operations Jide Adebayo was unable to give a precise figure on job losses in Aberdeen as staff will be given the opportunity to relocate to other parts of the business - possibly elsewhere in the UK and Ireland - or take up a voluntary redundancy package. Mr Adebayo said: "Following a detailed review of our current operations and the likely volume of new business opportunities for the company in the short term, we have had to take the difficult decision to reduce employment numbers. "The company is exploring a number of existing new business opportunities and is working to replace the Talisman business. However, the reality is that in the energy sector we have to produce a company structure that is both flexible and suited to potential customer requirements. "We are liaising with employee representatives and would hope to minimise the requirement for compulsory redundancies." Among the contracts now being pursued by CHC is one from Marathon to transport its staff to offshore installations. A coastguard contract is also thought to be in its sights. Amicus regional officer Fiona Farmer confirmed she was in discussions with CHC and of its service suppliers - Astec UK and Ace Aviation. Astec is a CHC subsidiary but no one at the firm was prepared to comment yesterday. Ace Aviation, which manages CHC's ground staff, could not be contacted. The Amicus talks are focussing on voluntary redundancies. Ms Farmer added: "There are various figures (about the level of redundancies) being bandied about. All that is being discussed at the moment is voluntary redundancies. "We are trying to minimise any job losses." She also revealed CHC could be considering moving some servicing work for its aircraft to Canada. David Hogg, chairman of the British Airline Pilots Association helicopter committee, said: "At the moment they are not making any overt noises about compulsory redundancies because they are letting the process run over a period of time. They will then be able to see just what work there is." He said there was the possibility of "great deal of work" becoming available, especially if other helicopter operators were busy. The Press and Journal also understands there has been a management shake-up at CHC in Aberdeen in recent weeks. Ian McBeath, who was brought in to head CHC's European operations out of Aberdeen in September, has returned to the company's Australian subsidiary, where he was president. The new boss in Aberdeen is understood to be from Canada, where CHC Scotia is based. |
Why can't they get the facts right? CHC/Scotia lost ONE contract to Bristow. Bristow already had the Shell contract.
Pay is probably involved because the negotiations are starting for the next rise - so a probable exaggeration of the numbers to be made redundant by the CHC bosses. |
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