25-Mar-2015Source: CHC
CHC President and Chief Executive Officer Karl Fessenden, in keynote remarks today, urged “inclusion, engagement and accountability” to about 750 people attending an internationally recognized aviation-safety event. Speaking at the 11th-Annual CHC Safety & Quality Summit, Mr. Fessenden said that advancing collective safety in aviation particularly requires more involvement of what he called the “silent... Read more
24-Mar-2015Source: ABC News
The most sophisticated search and rescue helicopter in Australia has been unveiled in one of the most remote corners of the country. See Full Story... Read more
19-Mar-2015Source: CHC
Hooman Yazhari started with CHC this week as general counsel and chief administrative officer. Mr. Yazhari is succeeding Michael O’Neill as general counsel. Mr. Yazhari has more than a decade of experience as an executive in the aviation sector, most recently as senior vice president and general counsel of International Lease Finance Corporation, one of... Read more
18-Mar-2015Source: CHC
Anthony DiNota has been promoted to president of Heli-One, CHC’s helicopter maintenance, repair and overhaul (MRO) segment. For most of the past year he has been vice president, Commercial, for Heli-One. Mr. DiNota now oversees the entire organization of the world’s largest independent provider of helicopter MRO services, including MRO operations in Boundary Bay, British... Read more
17-Mar-2015Source: CHC
CHC Group (NYSE:HELI), the parent company of CHC Helicopter, reported revenue of $415 million and a net loss of $465 million for its fiscal-2015 third quarter, which ended Jan. 31. Revenue declined 9 percent, largely driven by the impact of currency. Excluding the impact of currency, revenue declined about 2 percent. The company had an... Read more
17-Mar-2015Source: Scott Scott
Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into CHC Group Ltd. (NYSE:HELI) (“CHC Group”) related to potential violations of federal securities laws. If you are a CHC Group shareholder, you are encouraged to contact Scott+Scott for additional information. CHC Group (NYSE:HELI) is... Read more
2-Mar-2015Source: WA Today
Fiona Stanley Hospital management failed to finalise operating protocols for the RAC rescue helicopter to land at its new helipad, forcing a pilot to divert to nearby Jandakot Airport during an emergency airlift of two patients on Saturday. See Full Story... Read more
26-Feb-2015Source: HeliHub.com
AgustaWestland has marked the milestone event of the first AW139 to reach 10,000 airframe hours. Serial 31041 was first registered to CHC in June 2006 and has remained on the same PH-SHL registration ever since. This equates to just over 1,100 hours a year on average John Burcote – HeliHub.com... Read more
16-Feb-2015Source: 2015 CHC Safety & Quality Summit
Dr. Dave Williams, a health care chief executive and record-breaking Canadian astronaut and aquanaut, has been confirmed as the keynote speaker for the gala dinner at the 11th-annual CHC Safety & Quality Summit. The Tuesday, March 24, dinner at the Westin Bayshore hotel is expected to attract 600 people – many of the people attending... Read more
9-Feb-2015Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, announced that the board of directors has appointed Karl Fessenden chief executive officer and a member of the board of directors effective Feb. 9, replacing William Amelio, who will be leaving the company. Mr. Fessenden joins CHC from GE, where over his 20-year career at... Read more
6-Feb-2015Source: Step Change
Today, Step Change in Safety announced that Mark Abbey, CHC Helicopter’s West North Sea regional director, will be the new co-chair for it’s Helicopter Safety Steering Group (HSSG). Mr Abbey succeeds Tim Glasspool of Bristow Helicopters as contractor co-chair, and will join Dave Dickson, vice president of safety and operational risk for BP North Sea,... Read more
5-Feb-2015Source: CHC
CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2015 third quarter, which ended Jan. 31, after market close on Monday, March 16. The following day, Tuesday, March 17, the company will hold its quarterly call for analysts at 8 a.m. (Eastern Time). The... Read more
22-Jan-2015Source: CHC
People planning to attend the 2015 CHC Safety & Quality Summit now have the opportunity to receive additional training and certification by registering for pre- and post-summit training courses. The summit, hosted by CHC Helicopter, the operating company of CHC Group Ltd. (NYSE:HELI), brings together top aviation-safety professionals from around the globe to share best... Read more
21-Jan-2015Source: EDP24
The move by CHC Helicopter, which follows the loss of a major contract with Perenco, places a shadow over the future of about 30 staff in the town. See Full Story... Read more
16-Jan-2015Source: CHC
The Irish Coast Guard (IRCG) completed a record number of missions during 2014, moving 730 people from danger to safety, often in challenging weather conditions. CHC Helicopter’s general operations manager for search-and-rescue (SAR) services, Chris Hodson, said the crews completed 904 missions, an increase of 15 percent year-on-year – and more than any year in... Read more
19-Dec-2014Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced that it has closed the acquisition of a portfolio of 31 in-demand, new technology aircraft from First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two... Read more
17-Dec-2014Source: CHC
Funds affiliated with Clayton, Dubilier & Rice LLC (CD&R) have completed the third stage of CD&R’s investment in CHC Group Ltd. (NYSE:HELI) through the purchase of convertible preferred shares in a private placement. Consistent with terms of an investment agreement that CHC and CD&R entered into on Aug. 21, CD&R has purchased an additional 100,000... Read more
16-Dec-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, today announced that William G. Schrader was appointed to its board of directors on Friday (Dec. 12). An independent, Class II director, Mr. Schrader’s term is until the company’s 2015 annual general meeting of shareholders. He was also elected to serve on the board’s audit... Read more
15-Dec-2014Source: BBC
The future of Great Yarmouth’s heliport has been put in jeopardy with the news that a major contract is ending next year. See Full Story... Read more
11-Dec-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, will host a conference call and live webcast to discuss the results of the second quarter 2015, to be held Wednesday, December 10, 2014 at 8:00 AM Eastern Time. Analysts may participate on the teleconference by dialing 877-407-0778 domestically, or 201-689-8565 internationally, approximately 5 to... Read more
10-Dec-2014Source: CHC
CHC reported revenue of $458 million for the quarter ended Oct. 31, up 3 percent. The company had a net loss of $177 million. Adjusted EBITDAR (earnings before interest, taxes, depreciation, amortization and helicopter lease and other costs), excluding special items, rose 14 percent to $125 million. All references to EBITDAR in this release represent... Read more
8-Dec-2014Source: CHC
Aviation students can now apply for an expenses-paid opportunity to attend the 11th-annual CHC Safety & Quality Summit, through grants which honour a longtime advocate of excellence in aviation safety training. The Dr. Peter Gardiner Student Grant, worth more than C$4,000, covers admission to the summit, a choice of one of the pre-event courses, as... Read more
5-Dec-2014Source: CHC
Attending one of the world’s premier aviation-safety conference’s costs a little less for a limited time. Early bird registration for the 11th-annual CHC Safety and Quality Summit is open now until Dec. 31. During that period, enrolling in the March 23-25 conference costs C$1085 plus tax – a discount of C$100. The summit, which will... Read more
5-Dec-2014Source: CHC
A major investment by CHC Helicopter in its longtime base in Dyce, Aberdeen, will benefit offshore workers, the oil-and-gas companies for which they work, and CHC’s own people. The multimillion-pound investment will transform CHC’s facilities and further raise its capabilities in Dyce by significantly expanding hangar capacity, creating a larger and more streamlined passenger terminal,... Read more
28-Nov-2014Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, announces the addition of Ms. Christine Baird as Strategic Advisor effective immediately. Christine brings over 30 years of relevant experience to the business and will strengthen the Corporation’s international offshore oil and gas growth initiatives. Under her... Read more
27-Nov-2014Source: CHC
CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, today announced that it has cancelled a rights offering of preferred shares in the company that had been made to existing shareholders. Completion of the rights offering to holders of CHC’s ordinary shares was dependent upon receiving at least $50 million in total demand... Read more
14-Nov-2014Source: CHC
Clayton, Dubilier & Rice LLC (CD&R) today completed the second stage of a private-placement investment in CHC Group Ltd. (NYSE: HELI), purchasing 384,000 convertible preferred shares for a price of $384 million. The transaction was consistent with terms of an investment agreement that CHC and CD&R entered into on Aug. 21. As part of the... Read more
11-Nov-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, today announced that its shareholders have approved the issuance of preferred shares to Clayton, Dubilier & Rice LLC and certain of its affiliates (CD&R) in a private placement of up to $600 million and related proposals. The shareholder approval was obtained at CHC’s extraordinary general... Read more
10-Nov-2014Source: CHC
CHC Safety & Quality Summit 2015 Call for Papers Issued The call is out for papers that will characterize the 2015 edition of the world’s most influential helicopter-safety conference. Industry and safety professionals interested in presenting at the CHC Safety & Quality Summit may now submit abstracts for the event. The 11th-annual summit will be... Read more
6-Nov-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, today announced that it has commenced a rights offering for up to $100 million of convertible preferred shares. For each ordinary share of the company owned on the record date of Nov. 3, 2014, shareholders will receive at no charge a nontransferable right to purchase... Read more
6-Nov-2014Source: CHC
CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2015 second quarter, which ended Oct. 31, after market close on Tuesday, Dec. 9. The following day, Wednesday, Dec. 10, the company will hold its quarterly call for analysts at 8 a.m. (Eastern Time). The... Read more
4-Nov-2014Source: Waypoint Leasing
Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has reached an agreement with First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, to acquire a portfolio of 31 in-demand, new technology aircraft. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky... Read more
31-Oct-2014Source: CHC
Clayton, Dubilier & Rice (CD&R) has completed the first stage of CD&R’s investment in CHC Group Ltd. (NYSE: HELI) through the purchase of 116,000 convertible preferred shares in a private placement for a price of $116 million, consistent with terms of an investment agreement that CHC and CD&R entered into on Aug. 21. CD&R is... Read more
28-Oct-2014Source: CHC Helicopter
Total E&P UK is extending a decades-long relationship with CHC Helicopter in the North Sea, awarding CHC a long-term helicopter transportation contract to support Total’s offshore operations across the United Kingdom Continental Shelf (UKCS). The contract calls for CHC to operate two Sikorsky S-92 and two Airbus EC225 helicopters on behalf of Total. The helicopters... Read more
21-Oct-2014Source: HeliOffshore
Five major helicopter operators today officially announced a new industry association – HeliOffshore – for organisations with an interest in working together on safety in offshore helicopter transport. The new association was introduced at a launch event at its offices in London. Founded by five major helicopter operators, HeliOffshore will use cross-industry cooperation as a... Read more
17-Oct-2014Source: Heli-one
Helicopter leasing customers around the world rely on Waypoint Leasing to help them modernize, grow and manage their fleets. Waypoint, in turn, depends on Heli-One to skillfully and efficiently provide mission-ready helicopters that their customers demand. Heli-One is a segment of CHC Helicopter, the operating company of CHC Group Ltd. (NYSE:HELI). Waypoint recently chose Heli-One,... Read more
13-Oct-2014Source: The Telegram
At least some recent construction at the St. John’s International Airport can be credited to the interest of CHC Helicopters Canada in ferrying workers to and from the Newfoundland and Labrador’s offshore oil installations. See Full Story... Read more
13-Oct-2014Source: Heli-one
Sazma Aviation, a new helicopter operator based in Kota Kinabalu, Malaysia, has selected Heli-One to provide tip-to-tail, power-by-the-hour (PBH) support to its first Sikorsky S-76 C++ aircraft. Sazma Aviation, a subsidiary of Sabah Air, provides helicopter services to customers operating in the Malaysian offshore oil-and-gas sector, where there has seen rapid growth in recent years.... Read more
13-Oct-2014Source: Heli-One
Customers in Europe and the Middle East who operate large-capacity, long-range “heavy” helicopters now have a convenient, highly skilled option for major refurbishments of their aircraft. Heli-One Poland recently completed its first G-Check inspection, of an Airbus Helicopter Super Puma AS322L aircraft, for CHC Helicopter, Heli-One’s parent company and now is extending that service to... Read more
9-Sep-2014Source: CHC
CHC Group Ltd. HELI, -1.89% the parent company of CHC Helicopter, will host a conference call and live webcast to discuss the results of the first quarter 2015, to be held Tuesday, September 9, 2014 at 8:00 AM Eastern Time. To participate in this event, dial 877-407-0778 domestically, or 201-689-8565 internationally, approximately 5 to 10... Read more
3-Sep-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, is modifying plans for previously announced investor events because of timing considerations in connection with pending regulatory filings described in the company’s Current Report on Form 8-K dated Aug. 22, 2014. Specifically, CHC said it was withdrawing from a Wednesday (Sept. 3) presentation at the... Read more
27-Aug-2014Source: CHC
CHC Group Ltd. (NYSE: HELI) and Clayton, Dubilier & Rice (CD&R) today announced they have entered into definitive agreements for CD&R managed funds to invest $500 million in CHC through the purchase of convertible preferred shares to be issued in a private placement. As part of the transaction, CHC also intends to pursue a $100... Read more
22-Aug-2014Source: Heli-one
AAR Airlift has selected Heli-One to provide vital CT58 engine and component support for its 20 Sikorsky S-61 aircraft. The agreement spans three years and includes renewal options. Heli-One is a segment of CHC Helicopter, the operating company of CHC Group Ltd. (NYSE:HELI). AAR Airlift and Heli-One combine expertise to maintain safe and consistent operations... Read more
14-Aug-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2015 first quarter, which ended July 31, after market close on Monday, Sept. 8. The following day, Tuesday, Sept. 9, the company will hold its quarterly call for analysts at 8 a.m. (Eastern Time). The call... Read more
14-Aug-2014Source: CHC
On Wednesday, Sept. 3, William Amelio, CHC president and chief executive officer, and Joan Hooper, the company’s chief financial officer, will present at the 2014 Barclays CEO Energy-Power Conference. Mr. Amelio and Ms. Hooper will speak at 4:25 p.m. (Eastern Time) at the conference, which will take place at the Sheraton Times Square in New... Read more
13-Aug-2014Source: ACL
Congratulations to Paul King, Senior Vice President & Chief Information Officer at CHC Helicopter, winner of the GRC Visionary Award at this year’s ACL Impact Awards! Paul was honored along with winners in four other award categories at a special luncheon presented at the ACL Connections customer conference. The GRC Visionary Award recognizes a person/team... Read more
10-Jul-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, said it entered fiscal 2015 well positioned to deliver on its long-term financial priorities of strengthening the balance sheet, generating free cash flow and delivering profitable growth. Along with operating results for fiscal 2014, which ended April 30, the company today provided the first long-term... Read more
8-Jul-2014Source: Shell
Shell Australia has launched a dedicated search and rescue (SAR) helicopter service to support the offshore oil and gas industry in the Kimberley – the first of its kind in Australia. The EC225 SAR helicopter is based at the Broome International Airport and is operated by CHC. It is supported by a dedicated team of... Read more
7-Jul-2014Source: Irwin Mitchell
Lawyers representing several passengers injured when a Eurocopter Super Puma helicopter came down in the North Sea 32 miles south west of Shetland in October 2012 have welcomed an acceptance of responsibility from the helicopter manufacturer which paves the way for settlements to be agreed. Irwin Mitchell’s specialist Aviation Law team represents 12 oil rig... Read more
2-Jul-2014
Swedish patient airlifted from Troll A platform in North Sea broke loose and fell from the helicopter to his death while en route to Bergen. Body found one hour later... Read more
19-Jun-2014Source: CHC
The contract calls for CHC to operate two Sikorsky S-92 aircraft on behalf of Statoil. The helicopters will fly from Aberdeen or Sumburgh on the Shetland Isles to the Statoil operated Mariner field, 250 kilometres off the northeastern coast of Scotland. The contract has a duration of five years, plus an extension option for up... Read more
13-Jun-2014Source: Airbus Helicopters
Today, the Air Accident Investigation Branch (AAIB) issued its final determination following its investigation into the causes linked to two controlled ditchings that occurred in the North Sea on May 10, 2012 and October 22, 2012 aboard EC225 helicopters. Airbus Helicopters affirms the conclusions drawn in the report concerning the causes of the two controlled... Read more
13-Jun-2014Source: CHC
CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2014 fourth-quarter, which ended April 30, after market close on Wednesday, July 9. The following day, Thursday, July 10, the company will hold a call for analysts at 8 a.m. (Eastern Time). The call also... Read more
11-Jun-2014Source: HeliHub.com
The formal report on the accidents to a Bond and a CHC EC225 in 2012 has now been released by the AAIB. A further seven new Safety Recommendations have been made, including five related to the liferafts and one related to the fatigue performance of components manufactured from high strength low alloy steel. These are listed below... Read more
4-Jun-2014Source: Heli-one
Current and future customers, especially those in Europe and the Middle East and who operate “heavy” helicopters, will be beneficiaries of Heli-One’s new, 65,000 square-foot customised hangar in Rzeszow, Poland, which was formally opened today. Heli-One, a subsidiary of CHC Helicopter, is the world’s largest independent provider of helicopter maintenance, repair and overhaul (MRO). CHC... Read more
30-May-2014Source: CHC
BHS (Brazilian Helicopter Services Táxi Aéreo) is a subsidiary of CHC, a global leader in helicopter services and the operating company of CHC Group Ltd. (NYSE:HELI). The 6,500-square-meter (about 70,000-square-foot) hangar includes significantly expanded facilities for BHS customers and passengers, meets expected long-term needs for aircraft capacity, and allows for advanced maintenance operations. Tomas Salazar,... Read more
14-May-2014Source: CHC
Vancouver, British Columbia, Canada – Joan Hooper, chief financial officer of CHC Helicopter, will be presenting at the UBS Global Oil and Gas Conference in Austin, Texas, on Thursday, May 22, at 10:35 a.m. Central Time. CHC Helicopter is the operating company of CHC Group Ltd. (NYSE: HELI). The call also will be audio webcast;... Read more
13-May-2014Source: Avnet
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that William J. Amelio, chief executive officer and president of CHC Group Ltd. (NYSE: HELI), a global helicopter services provider, has been appointed to the company’s board of directors. He will serve on the Compensation and Corporate Governance Committees. “Bill’s experience effectively managing complex... Read more
6-May-2014Source: CHC
Norway-based oil-and-gas company Statoil has awarded CHC Helicopters Canada Inc. a contract to provide vital helicopter transportation to Statoil’s new exploration rig in the Atlantic Ocean, off the coast of Newfoundland. The 18-month contract calls for CHC Canada to operate two Sikorsky S-92 aircraft on behalf of Statoil. The helicopters will fly between their home... Read more
1-May-2014Source: Original FM
The three-to-five year programme, run by CHC, will train 35 young people to become qualified engineers for North-Sea aircraft. See full story... Read more
9-Apr-2014Source: Reuters
CHC will enter the GOM market either by applying for an air operator certificate or through an acquisition, CEO William Amelio said in an interview See full story... Read more
6-Apr-2014Source: HAI
The 10th annual CHC Safety and Quality Summit was held in Vancouver, BC, Canada, from March 31-April 2. HAI’s Director of Safety J. Heffernan and Director of Safety Outreach Stan Rose represented HAI, among 750 other safety professionals from around the globe. This year, the theme of the summit was Safety & Quality in the... Read more
6-Apr-2014Source: Air BP
Leading international aviation fuel supplier, Air BP, today (April 4th) inaugurated its brand new fuel farm at Den Helder Airport (DHR) in the Netherlands – home to one of the largest offshore heliports in north-west Europe. The fuel farm installed by Air BP represents an investment of around €1 million and follows Air BP’s take-over... Read more
25-Mar-2014Source: Tradewind
Tradewind International, LLC, a world-wide buyer and supplier of helicopter parts, has accepted two SA-365N Dauphin helicopters from Norway where they last saw service with CHC Helicopter. EI-MIP C/N 6119 built in 1984 and G-BLUM C/N 6101 built in 1985 will be parted out and will supply parts to keep others in the SA-365N fleet... Read more
19-Mar-2014Source: CHC
The chief financial officer of CHC Helicopter (NYSE: HELI) will be meeting with investors and analysts at a premier energy-investment conference. CHC’s Joan Hooper will host a breakfast roundtable on Tuesday, March 25, at the Howard Weil’s 42nd-Annual Energy Conference in New Orleans. This is the company’s first investor conference since its initial public offering... Read more
13-Mar-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, today reported its financial performance for the fiscal-2014 third quarter, which ended Jan. 31. Revenue for the quarter was $454 million, up 3 percent. (Unless otherwise noted, all comparisons are year-over-year.) The company had a quarterly net loss of $60 million, compared to a net... Read more
25-Feb-2014Source: Lobo Leasing
Lobo Leasing Limited (“Lobo Leasing”) a global commercial helicopter leasing company are pleased to announce that they have entered into a master lease arrangement with CHC Helicopter (CHC), a leading provider of crew transport, search-and-rescue and MRO services to the world-wide helicopter market. The facility provides for both the sale and leaseback and new-delivery lease... Read more
24-Feb-2014Source: CHC
-CHC Group (NYSE:HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2014 third quarter, which ended Jan. 31, after market close on Wednesday, March 12. That same day the company will hold a call for analysts at 5 p.m. (Eastern Time). The call also will be audio webcast... Read more
5-Feb-2014Source: CHC
Aviation students can now apply for the opportunity to attend the 10th-annual CHC Safety & Quality Summit, through grants which honour a long-time advocate of excellence in aviation safety training. The Dr. Peter Gardiner student grant, worth more than $4,000, covers admission to the summit, a choice of one of the pre-event courses, as well... Read more
28-Jan-2014Source: BALPA
Pilots will call for an independent judicial inquiry into North Sea helicopter safety in evidence to the House of Commons Transport Select Committee this afternoon. Captain Colin Milne, the Chairman of BALPA’s Helicopter Affairs Committee, will give evidence to the Committee’s inquiry into helicopter safety at 1500 today, Monday, 27 January 2014 at the Committee’s... Read more
26-Jan-2014Source: CHC
Chris Hadfield, a Canadian astronaut and former commander of the International Space Station (ISS), has been confirmed as the keynote speaker for the gala dinner at the 10th-anniversary CHC Safety & Quality Summit. The Tuesday, April 1, dinner at the Westin Bayshore hotel is expected to attract 600 guests – many of the people attending what... Read more
24-Jan-2014Source: Oil & Gas UK
In response to today’s AAIB Special Bulletin, Oil & Gas UK Health, Safety & Employment Issues Director, Robert Paterson, said: “Oil & Gas UK fully supports the safety action made in today’s AAIB special bulletin. We are now working closely with helicopter operators to ensure safety briefings clearly explain the application of the re-breather system which... Read more
24-Jan-2014Source: AAIB
OThe AAIB has issued a Special Bulletin specifically referring to the CHC AS332L2 fatal accident of G-WNSB near Sumburgh on 23 August 2013. The key information from this bulletin is shown below, but it is best taken in context of their full report. This Special Bulletin is published to highlight a safety concern relating to... Read more
17-Jan-2014Source: CHC
CHC Group Ltd., the parent company of CHC Helicopter S.A., today announced the pricing of its initial public offering of 31,000,000 of its ordinary shares, at a price to the public of $10 per share. The securities are scheduled to begin trading tomorrow (Friday) on the New York Stock Exchange under the symbol “HELI.” CHC... Read more
7-Jan-2014Source: CHC
CHC Group Ltd., the parent company of CHC Helicopter S.A., today announced that it has commenced an initial public offering of 29,412,000 of its ordinary shares, all of which will be offered by the company. The IPO price is currently expected to be between $16 and $18 per share. To the extent that the underwriters... Read more
