Ornge purchases aviation assets from Canadian Helicopters Income Fund and enters into a 3 year contract with CHL

Ornge purchases aviation assets from Canadian Helicopters Income Fund and enters into a 3 year contract with CHL

31-Mar-2009 Source: Canadian Helicopters

Ornge has purchased from Canadian Helicopters the current fleet of eleven medically equipped Sikorsky S-76 helicopters, and aviation assets including four hangars located in Ottawa, Moosonee, Kenora and London for an aggregate purchase price of Cdn$30 million.

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