10-Sep-2010Source: PHi
-PHI, Inc. (The Nasdaq Global Market: PHII (voting) and PHIIK (non voting)) today announced that it is commencing a cash tender offer (the “Offerâ€) for all of its outstanding $200,000,000 aggregate principal amount of 7.125% Senior Notes due 2013 (the “Notesâ€) on the terms and subject to the conditions set forth in PHI’s Offer to... Read more
8-Sep-2010Source: Aero Vodochody
AERO Vodochody a.s. reached a profit in the amount of CZK 279 million in 2009. Aero is thus reaching a profit this being since successful completion of restructuring in 2007, when the company was acquired by the Penta group. The revenues of Aero reached CZK 2.9 billion in 2009. The profit of Aero in 2009... Read more
8-Sep-2010Source: Uniflight
The rotorcraft-focused private equity investor Hawke Capital Partners announced today that it successfully recapitalized the balance sheet of its wholly-owned operating subsidiary Uniflight, LLC, while simultaneously completing the acquisition of the assets of Aviation Services Unlimited, based at Griffiss International Airport in Rome, New York. As a result, Uniflight’s maintenance, repair and overhaul capabilities have... Read more
5-Sep-2010Source: Reuters
Air Medical was previously owned by private equity firms Florida-based Brockway Moran & Partners Inc and Pennsylvania-based MVP Capital Partners. It operates through three subsidiaries: Air Evac Lifeteam, Med-Trans Corporation, and EagleMed... Read more
17-Aug-2010Source: FLIR Systems
FLIR Systems announced that it has entered into a definitive merger agreement pursuant to which it has agreed to acquire ICx Technologies, Inc. (NASDAQ: ICXT) for an aggregate cash purchase price of approximately $274 million. As of June 30th, ICx had a cash balance of approximately $38 million. Under the terms of the merger agreement,... Read more
16-Aug-2010Source: Canadian Helicopters
Canadian Helicopters reports second quarter results for the period from April to June 2010 inclusive... Read more
13-Aug-2010Source: Canadian Helicopters
MONTREAL, August 12, 2010 – Canadian Helicopters Income Fund (the “Fundâ€) (TSX: CHL.UN) announced today its monthly distribution of $0.091875 per unit covering the period of August 1 to August 31, 2010, will be paid on September 15, 2010 to unitholders of record at the close of business August 31, 2010. Through Canadian Helicopters Limited,... Read more
11-Aug-2010Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 14 cents per common share. The dividend will be paid on October 25, 2010 to shareholders of record on October 11, 2010. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the... Read more
7-Aug-2010Source: The Street
Air Methods Report Second Quarter 2010 Results Conference Call was held 5th August 2010 – this is the transcript of the call... Read more
6-Aug-2010Source: Canadian Helicopters Income Fund
Canadian Helicopters Income Fund (the “Fund”) (TSX: CHL.UN) will release its second quarter results ending June 30, 2010, on Thursday August 12, 2010, after market close. The Canadian Helicopters Income Fund conference call will take place Friday August 13, at 11:00 a.m. (ET) to review the financial results. To participate in this conference call, please... Read more
6-Aug-2010Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, reported financial results for the second quarter ended June 30, 2010 and provided an update on July 2010 community-based patient transports. For the quarter, revenue increased 8% from $129.0 million to $139.2 million in the current-year quarter. For the six-month period, revenue... Read more
6-Aug-2010Source: Vector Aerospace
Vector Aerospace Corporation will hold a second quarter 2010 conference call at 9:00a.m. EDT on Thursday August 12, 2010. The conference call will review Vector’s results for the three months ended June 30, 2010. The scheduled speakers for the Company on the conference call are: Declan O’Shea, President and Chief Executive Officer and Randal Levine,... Read more
5-Aug-2010Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported financial results for its June 2010 quarter. “We are pleased with our June 2010 quarter results, which were slightly better than our internal expectations and compared favorably with the June quarter last year,” said William E. Chiles, President, Chief Executive Officer and Chief Financial Officer of Bristow Group.... Read more
5-Aug-2010Source: PHi
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended June 30, 2010. Oil and Gas segment revenues were $94.7 million for the three months ended June 30, 2010, compared to $79.0 million for the three months ended June 30, 2009, an increase of $15.7 million. Operating... Read more
3-Aug-2010Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the second quarter ended June 30, 2010 after the close of the market on Thursday, August 5, 2010. The Company has scheduled a conference call for Thursday, August 5, 2010 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
29-Jul-2010Source: HeliFlite Shares
HeliFlite Shares, LLC has announced that a group of investors made an equity investment in exchange for 60 percent interest in the Company. “HeliFlite has posted impressive results over the past 18 months in a period that has been very difficult for general aviation,†commented a spokesman for the investor group. “We are delighted to... Read more
21-Jul-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (the “Fundâ€) (TSX: CHL.UN) announced today its monthly distribution of $0.091875 per unit covering the period of July 1 to July 31, 2010, will be paid on August 13, 2010 to unitholders of record at the close of business July 30, 2010. Through Canadian Helicopters Limited, Canadian Helicopters Income Fund is... Read more
17-Jul-2010Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year 2011 first quarter ended June 30, 2010, after the market closes on Wednesday, August 4. In conjunction with the release, Bristow has scheduled a conference call, which will... Read more
21-Jun-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (TSX: CHL.UN) (the “Fund”) is pleased to announce that at the special meeting (“Meeting”) of the holders (“Fund Unitholders”) of trust units and special voting units of the Fund held today, the Fund Unitholders approved the previously announced plan of arrangement (the “Arrangement”) under section 192 of the Canada Business Corporations... Read more
18-Jun-2010Source: Canadian Helicopters
MONTREAL, June 14, 2010 – Canadian Helicopters Income Fund (the “Fundâ€) (TSX: CHL.UN) announced today its monthly distribution of $0.091875 per unit covering the period of June 1 to June 30, 2010, will be paid on July 15, 2010 to unitholders of record at the close of business June 30, 2010. Through Canadian Helicopters Limited,... Read more
10-Jun-2010Source: Bristow
Bristow Group Inc. (NYSE: BRS) today provided an update on the impact of the ongoing deepwater oil spill and the recently announced 180-day moratorium on deepwater drilling in the Gulf of Mexico (the “Drilling Moratorium”) on its activity in the U.S. Gulf of Mexico. “While we expect that the Drilling Moratorium will have a near... Read more
8-Jun-2010Source: GuruFocus
3,000 shares of AIRM on 06/04/2010 at an average price of $32.01 a share realised $96,030 for Mr Todd... Read more
2-Jun-2010Source: GuruFocus
2,500 shares of AIRM on 05/27/2010 at an average price of $33.25 a share realised $83,125 for Mr Tate... Read more
1-Jun-2010Source: HeliHub.com
Shareholders of OAO Kazan Helicopter Plant at the annual general meeting on June 25th will consider the proposal of the Board of Directors to pay dividends for the year 2009 at a rate of 2.49 rubles per share, according to local press Kommersant. There are more than 154.7 million shares currently in issue. The total... Read more
25-May-2010Source: Triumph Group
Triumph Group have announced that it has received early termination of the Hart-Scott-Rodino (HSR) waiting period from the Federal Trade Commission’s Premerger Notification Office for the relevant transactions effecting Triumph’s previously announced plan to acquire Vought Aircraft Industries, Inc. Subject to the satisfaction of customary closing conditions, Triumph anticipates completing the acquisition in June of... Read more
20-May-2010Source: Bristow Group
Bristow released two versions of this – HeliHub.com confirms this is the corrected version…. – Diluted EPS of $0.78 for the quarter ($0.73 excluding special items) and $3.10 for the fiscal year ($3.02 excluding special items) – Diluted EPS for fiscal 2010, excluding special items in both periods, increased nine percent Bristow Group Inc. (NYSE: BRS) today reported financial results for... Read more
14-May-2010Source: Canadian Helicopters
MONTREAL, May 13, 2010 – Canadian Helicopters Income Fund (the “Fundâ€) (TSX: CHL.UN) announced today its monthly distribution of $0.091875 per unit covering the period of May 1 to May 31, 2010, will be paid on June 15, 2010 to unitholders of record at the close of business May 31, 2010. Through Canadian Helicopters Limited,... Read more
14-May-2010Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, will host a half-day Analyst Meeting in New York City on Thursday, May 27, beginning at 8:00 a.m. and concluding at 2:00 p.m. Management’s presentations will be web cast live and will be available online in the Investor Relations... Read more
14-May-2010Source: Northstar Aerospace
CHICAGO, ILLINOIS, MAY 13, 2010 – (All amounts within this news release are stated in U.S. dollars unless otherwise stated.) Northstar Aerospace, Inc. (the “Company”) today reported revenue from continuing operations for the three months ended March 31, 2010 of $52.6 million compared to $45.2 million in the same period of 2009. Defense revenue was... Read more
13-May-2010Source: Daily Markets
Erickson Air-Crane Inc. filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering of up to $75 million shares of its common stock. Click on the “Daily Markets” link for a press story, or here for the full SEC form S-1... Read more
13-May-2010Source: Vector Aerospace
Vector Aerospace Corporation (Vector) (CA:RNO 6.30, +0.07, +1.12%) today announces results for the quarter ended March 31, 2010. —————————————————————————- —————————————————————————- Operations (in millions of Canadian dollars):                First Quarter 2010     2009 —————————————————————————- Revenue                                                  $ 128.1 $ 140.7 —————————————————————————- Earnings before interest, income taxes, foreign exchange losses and unusual items                                $  13.3 $  13.8 —————————————————————————- Net earnings                                             ... Read more
11-May-2010Source: Seeking Alpha
The Air Methods Q1 2010 Earnings Conference call was held on May 6, 2010 4:15 PM ET Executives Christine Clarke – IR Aaron Todd – CEO Trent Carman – CFO, Treasurer, and Secretary Analysts Bob Labick – CJS Securities Kevin Campbell – Avondale Partners Ryan Daniels – William Blair Please click on the source name... Read more
11-May-2010Source: Seeking Alpha
The health care bill will both cause Air Methods to increase prices charged to insurance companies, who will then have to pass along those costs to customers. When their inevitable future price increases don’t stick with insurers, Air Methods will eventually be forced to curtail service.... Read more
11-May-2010Source: Smartrend
Bristow Group is in SmarTrend’s Oil & Gas- Equipment and Services industry and this industry is currently in a Downtrend according to our research.... Read more
11-May-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (CHL.UN) (the “Fund”) is pleased to announce today its intention to proceed with the conversion of the Fund from an income trust to a dividend paying corporation, which will continue the helicopter transportation business of the Fund and its subsidiaries (the “Arrangement”). In reaction to changes in tax legislation affecting income... Read more
7-May-2010Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year 2010 fourth quarter and year-ended March 31, 2010, after the market closes on Wednesday, May 19. In conjunction with the release, Bristow has scheduled a conference call, which... Read more
7-May-2010
Air Methods Corp reported financial results for the quarter ended March 31, 2010 and provided an update on April 2010 flight volumes. For the quarter, revenue decreased 5% to $118.5M from $125.4M in the prior-year quarter... Read more
6-May-2010Source: PHi
Operating revenues were $121.6M (compared to $116.9M) for the quarter ended March 31, 2009. Net earnings were $4.0M ($0.26 per diluted share), and earnings before tax were $6.7M, compared to net earnings of $2.1M ($0.14 per diluted share) and earnings before tax of $3.5M last year.... Read more
30-Apr-2010Source: Pegasus Helicopter Group
Pegasus is issuing a trading update for the three month period from 1 January 2010 to 31 March 2010 in advance of reporting year end results for the twelve months period ending 31 December 2009. CHAIRMAN’S STATEMENT As noted in the interim report for the period 30 June 2009, the Company remains focused on raising... Read more
30-Apr-2010Source: Reuters
U.S Private Equity Group Kohlberg Kravis Roberts & Co (KKR) said on Wednesday it had entered into a partnership with Investindustrial to take a minority stake in helicopter firm Grupo Inaer.... Read more
30-Apr-2010Source: Kaman
Kaman Corp. announced that it intends to release its results for the first quarter ended April 2, 2010 on Thursday, May 6, 2010. The following morning, the Company will host a conference call to discuss these results, which will be simultaneously broadcast live over the Internet. Neal Keating, Chairman, President and Chief Executive Officer, William... Read more
28-Apr-2010Source: Novinite
The Bulgarian Army has lost BGN 76 M in default payments because of its failure to meet its obligations under contracts with helicopter producer Eurocopter.... Read more
27-Apr-2010Source: Air Methods
Air Methods Corporation, the largest air medical transportation company in the world, provided an update on first quarter 2010 preliminary results. Based on preliminary 2010 first quarter results, total community-based patient transports were 8,592. Patients transported for community bases in operation greater than one year decreased 1,238 transports or 13%, while weather cancellations for these... Read more
21-Apr-2010Source: Reuters
Southern European private equity firm Investindustrial is seeking to sell helicopter firm Grupo Inaer for as much as 675 million euros ($908 million), people familiar with the matter said on Tuesday.... Read more
14-Apr-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (the “Fund”) (TSX: CHL.UN) announced today its monthly distribution of $0.091875 per unit covering the period of April 1 to April 30, 2010, will be paid on May 14, 2010 to unitholders of record at the close of business April 30, 2010. Through Canadian Helicopters Limited, Canadian Helicopters Income Fund is the largest helicopter transportation services company operating... Read more
6-Apr-2010Source: Kaman
Kaman Corporation today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT), has completed the previously announced acquisition of Allied Bearings Supply Company (Allied) of Tulsa, Oklahoma. The transaction closed earlier today, and Allied is now part of Kaman’s Industrial Distribution Segment. Terms of the transaction were not disclosed. Allied, founded in 1934, is a... Read more
5-Apr-2010Source: DART Helicopter Services
DART Helicopter Services (DHS) is growing again, this time expanding its capabilities and physical footprint with the acquisition of Elite Specialty Coatings in Oceanside, Calif. The acquisition enables DHS to paint and refinish components and accessories for helicopter industry customers. It will also further expand the company’s global footprint, adding 8,000 square feet to DHS’s... Read more
26-Mar-2010Source: Aerometals
Industry leader Aerometals today announced the acquisition of the operating assets of global filtration leader FDC/aerofilter. This acquisition expands the companies’ previous collaborative integration and development efforts. The combining of these two industry leaders creates a diversified and innovative aerospace company with a global reach. The acquisition creates a diversified company with FDC as the... Read more
19-Mar-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (TSX: CHL.UN) (“the Fundâ€), the largest helicopter transportation services company operating in Canada, have announced its financial and operating results for the fourth quarter and fiscal year ended December 31, 2009.... Read more
15-Mar-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (the “Fund”)(TSX: CHL.UN) announced today its monthly distribution of $0.091875 per unit covering the period of March 1, 2010 to March 31, 2010, will be paid on April 15, 2010 to unitholders of record at the close of business March 31, 2010. Through Canadian Helicopters Limited, Canadian Helicopters Income Fund is... Read more
13-Mar-2010Source: Reuters
The Sikorsky helicopter unit of diversified U.S. manufacturer United Technologies Corp is on the hunt for acquisitions of smaller companies that maintain aircraft... Read more
12-Mar-2010Source: Vector Aerospace
Vector Aerospace Corporation (Vector) (TSX: RNO) today announces its results for the three and twelve months ended December 31, 2009. << ------------------------------------------------------------------------- ------------------------------------------------------------------------- Operations (in millions of Fourth Quarter Twelve Months Canadian dollars): 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue $ 137.7 $ 141.4 $ 566.3 $ 499.2 ------------------------------------------------------------------------- Net earnings before interest, income taxes, foreign exchange gains/(losses)... Read more
12-Mar-2010Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, reported revenue and net income for the year and fourth quarter ended December 31, 2009.... Read more
9-Mar-2010Source: CNN Money
Oil and Gas segment revenues were $316.2 million and operating income was $51.3 million for the year ended December 31, 2009, compared to segment revenues of $324.1 million and operating income of $64.7 million for the year ended December 31, 2008... Read more
8-Mar-2010Source: Rotorhub
AgustaWestland saw new orders for helicopters fall by nearly 40 % in 2009, the company’s results have revealed.... Read more
8-Mar-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund (the “Fundâ€) (TSX: CHL.UN) will release its fourth quarter and year-end results ending December 31, 2009, on Wednesday March 17, 2010, after market close. The Canadian Helicopters Income Fund conference call will take place Thursday March 18, at 11:00 a.m. (ET) to review the financial results. To participate in this conference... Read more
3-Mar-2010Source: Air Methods
Air Methods Corporation (AIRM 27.40, +0.76, +2.85%) will report financial results for the fourth quarter ended December 31, 2009 after the close of the market on Thursday, March 11, 2010. The Company has scheduled a conference call for Thursday, March 11, 2010 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing (877)... Read more
27-Feb-2010Source: Uniflight
Aviation Services Unlimited (ASU), New York’s only Bell CSF and a Part 135 operator, announced today at the HAI that it has entered into an agreement to be acquired by Hawke Capital Partners, the parent company of Uniflight, LLC. The agreement is subject to certain closing conditions, including regulatory approvals, and is targeted to close... Read more
27-Feb-2010Source: Bell
Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today announced the acquisition of Aviation Service, a world-class provider of modifications and upgrades, avionics and special mission packages, based in Prague, Czech Republic with annual revenues of about $14 million. “Bell is committed to meeting the needs of our European customers; this acquisition allows us to... Read more
24-Feb-2010Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 14 cents per common share. The dividend will be paid on April 5, 2010 to shareholders of record on March 22, 2010. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the... Read more
16-Feb-2010Source: Baltic Business News
Finnish helicopter operator Copterline said Monday it had filed for insolvency. Pekka Jaatinen, Copterline’s managing director, said its flight operations were no longer profitable.... Read more
16-Feb-2010Source: Baltic Business News
Finnish helicopter operator Copterline said Monday it had filed for insolvency. Pekka Jaatinen, Copterline’s managing director, said its flight operations were no longer profitable.... Read more
13-Feb-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund declares monthly distribution... Read more
8-Feb-2010Source: Kaman
Kaman Corp. (Nasdaq: KAMN) today announced that it intends to release its results for the fourth quarter and year ended December 31, 2009 after the market close on Thursday, February 25, 2010. The following morning, the Company will host a conference call to discuss these results, which will be simultaneously broadcast live over the Internet.... Read more
8-Feb-2010Source: The National
Abu Dhabi Aviation rebounded strongly from last year’s loss of a key local helicopter contract as it reported a 20.8 per cent jump in its annual earnings on higher-margin foreign leases of aircraft.... Read more
4-Feb-2010Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported financial results for its fiscal 2010 third quarter ended December 31, 2009.... Read more
31-Jan-2010Source: http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=pl&tl=en&u=http://lublin.gazeta.pl/lublin/1,35640,7506220,Agusta_Westland_kupuje_PZL_Swidnik__za_339_milionow.html&prev=_t&rurl=translate.google.com&twu=1&usg=ALkJrhh3wxsNDKCAidarTiORttRYBGTMnw
Some months after the outline agreement, AgustaWestland has finally close on the purchase of PZL Swidnik on Friday 29th January.... Read more
31-Jan-2010Source: MoneyControl
Chief Executive John Garrison told Reuters in an interview that the company sees demand from commercial clients stabilising this year from a sharp drop during the financial crisis before returning to growth in 2011 and 2012... Read more
27-Jan-2010Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, provided an update on fourth quarter 2009 preliminary results. Based on preliminary 2009 fourth quarter results, total community-based patient transports were 9,015. Patients transported for community bases in operation greater than one year decreased 799 transports, or 9%, while weather cancellations for... Read more
27-Jan-2010Source: SmarTrend
SmarTrend identified an Uptrend for Bristow Group on November 06, 2009 at $34.02. In approximately 3 months, Bristow Group has returned 8.7% as of today’s recent price of $36.97... Read more
26-Jan-2010Source: Kaman
The Helicopters Division of Kaman Aerospace Corporation announced today that it has reorganized around product groups, with newly appointed general managers for each. “The reorganization, effective immediately, is intended to support aggressive business goals and a more strategic approach to achieving growth and sales,†said Sal Bordonaro, Helicopters Division President. Tim Bates has been named... Read more
20-Jan-2010Source: Times of India
State-owned Pawan Hans Helicopters (PHHL) has given a dividend cheque of Rs 2.45 crore to another public sector firm ONGC which holds 21.5% equity in the helicopter firm.... Read more
14-Jan-2010Source: Bristow
Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year 2010 third quarter ended December 31, 2009, after the market closes on Wednesday, February 3. In conjunction with the release, Bristow has scheduled a conference call, which will... Read more
13-Jan-2010Source: Canadian Helicopters
Canadian Helicopters Income Fund declares monthly distribution... Read more
5-Jan-2010Source: Textron
Textron Inc. (NYSE: TXT) will release its fourth quarter 2009 financial results on Thursday, January 28, 2010. The company will also host a conference call at 9:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (877) 209-9919 in the... Read more
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