What you guys worried for ? They chop it up and spit it out ? Consider it splitting the atom....all you clever people out there will be still be involved and I've no doubt you'll make those smaller and more compact spin offs a continued success !:ok: Remember companies grow, diverge and split all the time - that's money making !

All I'm trying to say is many of you guys are sitting in the sun room with the blinds down ! !!!!! happens and you deal with it ! It aint always gonna turn out too bad !:cool:

An unlikely scenario I suspect.

Don't be afraid of changes
 

I was at Okanagan when it was bought by Sealand and CHC was formed. Many people thought the company was just going to go downhill.
Well 22 years later and many changes all it did was go uphill to a better company.

TW,

:= Sealand did not buy OKY.......Sealand was bankrupt at the time.

CHC,actually Canadian Helicopter Corp, bought Sealand, Oky, Ranger, Maple Leaf, Toronto Helicopters, etc, etc.....

CD formed CHC and went to Toronto and convinced some Bay St. suits that if they loaned him the cash, he could build a successful helicopter company.

They bought into it and as they say, the rest is history.

Outwest;

Sorry, but Sealand did purchase Okanagan and beat out the Bristow (United Helicopters) bid. I can state this as my job at Sealand at the time involved direct talks with Emile Lupien on the maintenance changeover.

Regards

carholme

Check your facts
 

I have no doubt that Sealand people were involved with the take-over of OKY, but I also was there at the time, and CHC, not Sealand, took over OKY officially on Jan.01, 1988.

CHC bought/acquired both companies (and many others).

Outwest;

As you wish.

carholme

It is not as I wish, if you don't believe me, maybe you will accept it if you read it from the Offical CHC website...
http://www.chc.ca/about_chc_history.php


The CHC name was created as a “Canadian Holding Company” by St. John's businessman Craig Dobbin in 1987 when he headed a group that purchased Okanagan Helicopters and Toronto Helicopters, and merged them with his own company Sealand Helicopters

Outwest;

I am not here to argue with you. In 1985 Sealand was working with Okanagan in the final stages, leading up to the formation of CHC, the original holding company which was formed to create the buyout. Only then was everything put under the new umbrella.

carholme

Really?


:=

Outwest,
I don't know anything about Sealand ever being bankrupt, nor did I read of it in CHC website (which you had supplied)!
WTF!!!:confused:

Now an American company owns CHC does that mean that all it's staff will be called Chuck, Scooter or Betty Loo ??

Carholme,
my apologies, I have included the CHC webmaster link so you can correct the mis-information they have. :ugh:

[email protected]

HVHmt,
I stand corrected, both Sealand and EPA were viable and profitable operations ;)

Seems even after 20 years, the old pride still runs deep......

JOKE
 

"Now an American company owns CHC does that mean that all it's staff will be called Chuck, Scooter or Betty Loo ??"

Well of course we will thar "Impress to inflate":hmm:

We're working it out.

I am legaly changing my name to "Billy Joe Heli Bob."

My co-pilot is changing his to "Beauregard Lee Cornepone."

Our technical writing team is a hard at work changing checklists to use "YUP" and "NOPE"

TRE's will be called "Check Airmen."

No more Moose Burgers - No siree - It's Gumbo and Philly Cheese Steaks for us from hereon in.

We no longer "request clearance" - "We're looking to depart!"

We don't "replace defective equipment" we "change it out."

"Moosehead Beer?" not when we can have another "Bud lite." :yuk:

"'Chez Pare' strippers?" no more - politically correct "Hooters" for us.:{

We are all getting T shirts that say "CHC Love it or Leave it" and "My Checklist Right or Wrong.":E

"Hummingbird" OUT "Eagle" IN

We will let you know how that all works out for us.

We, however, haven't yet started calling "Engineers" "Maintainers" and ain't going to neither - some things are sacred!:ok:

Inflow effect or transverse flow..................:}
I guess it may be called AHC from now on!:cool:

Now when will CHC buy BRS? Would that not make for one heck of an economy of scale? It would sure put a kabosh on the to and fro'ing in Nigeria.

Nice one Albaross, sorry....... Billy Joe Heli Bob

hope it works out
 

CHC and First Reserve Announce Closing of Plan of Arrangement
 

http://www.chc.ca/press_releases_det...onFor%3D900593

So CHC is now owned by an 'affiliate of a fund managed by First Reserve', but what happens to crew's training bonds, contracts etc??

Presumably the new company now own all the assets including the staff, aircraft etc, so do training bonds with CHC effectively finish or get transferred to the new company or does nothing change??

Perhaps those more legal than I can share an opinon??