20-Mar-2013Source: Erickson Air-Crane
EHI, based in McMinnville, Oregon, is a diversified global provider of air transport services for cargo and personnel to government and commercial customers. EHI was founded by aviation pioneer Mr. Delford Smith. At closing, this transaction would provide Erickson Air-Crane with an incremental fleet of 64 aircraft, consisting of both helicopters and fixed-wing airplanes. This... Read more
18-Mar-2013Source: PHI Inc
PHI, Inc. (“PHI”) (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the year ended December 31, 2012. Consolidated operating revenues for the year ended December 31, 2012 increased $107.1 million over the year ended December 31, 2011. Our Oil and Gas medium and heavy aircraft flight hours and revenues increased... Read more
12-Mar-2013Source: Erickson Air-Crane
-Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson Air-Crane”, “Erickson”, the “Company”, “we”, “us” and “our”), a leading operator and the manufacturer of the powerful Erickson S-64 Aircrane heavy-lift helicopter, today announced financial results for the fourth quarter and full year ended December 31, 2012. Full-Year 2012 highlights include: Revenue increased 18.4% to $180.8 million Flight hours... Read more
11-Mar-2013
Losses at the private helicopter company that has a €500m state contract for offshore SAR have increased to €2.78m. (see full story)... Read more
11-Mar-2013Source: CHC
CHC Helicopter expects to release its fiscal-2013 third-quarter financial results for the period ended Jan. 31 after market close on Wednesday, March 13. CHC senior leaders will discuss the company’s strategy and operating performance during a conference call and webcast on Thursday, March 14, at 5 p.m. Eastern Time. Investors, members of the news media... Read more
8-Mar-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson Air-Crane” or the “Company”), a leading operator and the manufacturer of the powerful heavy-lift Erickson S-64 Aircrane helicopter, today announced that it has executed a binding term sheet and made significant progress toward completion of its previously announced intention to purchase the Air Amazonia aerial services business from HRT... Read more
8-Mar-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that it will release its earnings results for the fourth quarter and fiscal year ended December 31, 2012 on Monday, March 11, 2013 before the market opens. Udo Rieder, the Company’s President and Chief... Read more
4-Mar-2013Source: Helijet International Inc
VANCOUVER, BRITISH COLUMBIA. Helijet International Inc. (TSX VENTURE:HJI) (the “Company”) as previously disclosed in its quarterly disclosure MD&A, Helijet has granted an aggregate of 1,566,400 common share purchase options (“Options”) to employees and management which have a ten year term until September 1, 2022, and of which 311,200 were granted to insiders. All of the... Read more
1-Mar-2013Source: Era Group
Era Group Inc. ERA -0.64% today announced its results for the fourth quarter and year ended December 31, 2012. Prior to January 31, 2013, Era Group was a wholly owned subsidiary of SEACOR Holdings Inc. (“SEACOR”). On January 31, 2013, SEACOR completed the spin-off of Era Group (“Spin-off”). Era Group is now an independent public... Read more
28-Feb-2013Source: Abu Dhabi Aviation
Abu Dhabi Aviation made 734.17m ($200M) revenue in 2012 compared with 719.52m ($196M) in 2011 (2% increase), Operating Profit of 299.28m ($81M) compared with 280.64m ($76M) 2011 (increase of 7%), net profit of AED 284.41m ($77M) compared to 172.96m ($47M) in 2011 (65% increase). The net profit increase includes a one off release from the... Read more
26-Feb-2013Source: Kaman
Fourth Quarter 2012 Highlights From Continuing Operations: Diluted earnings per share of $0.52 ($0.61 Adjusted*), up 40.5% (15.1% Adjusted*) Net sales $399.3 million Distribution operating margin: 4.5% (4.6% Adjusted*) Aerospace operating margin: 15.0% (17.8% Adjusted*) Full Year 2012 Highlights From Continuing Operations: Diluted earnings per share of $2.03 ($2.18 Adjusted*), up 8.0% (8.5% Adjusted*) Record... Read more
25-Feb-2013Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the fourth quarter ended December 31, 2012 after the close of the market on Thursday, February 28, 2013. The Company has scheduled a conference call for Thursday, February 28, 2013 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
22-Feb-2013Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on April 2, 2013 to shareholders of record on March 19, 2013. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman , and headquartered in Bloomfield, Connecticut... Read more
20-Feb-2013Source: Expedition Helicopters
Expedition Helicopters Inc. has acquired the fleet of V. Kelner Helicopters located in Thunder Bay. Expedition Helicopters, owned and operated by Todd Calaiezzi, has a main base in Cochrane, satellite offices in Moosenee and Moose Factory, Hearst, Roquemaure, Que. and Gatineau, Que., and now in Northwestern Ontario. The Thunder Bay satellite office is conveniently located... Read more
19-Feb-2013Source: UTair
OJSC “Airline” UTair »(UTair Aviation) took 23rd place in the ranking of the” Top 100 most valuable companies in Russia “according to the monthly business magazine” RBC “. The capitalization of the Company as of December 20, 2012 amounted to 411 million U.S. dollars, a 28.4% increase of this indicator in 2011. The rating was... Read more
15-Feb-2013Source: SmartCompany
The Heli-Aust group has entered receivership and is being put up for sale. The group is made up of five businesses: Heli-Aust, Heli-Muster, Aero Support, Heli-Aus Investments and Wieland Helicopter Company and it has less than 30 employees. (see full story)... Read more
6-Feb-2013Source: Ledcor
Ledcor Air Limited, a member of The Ledcor Group of Companies, announced today that it has concluded the purchase of Trinity Helicopters Limited, based in Yellowknife, Northwest Territories. “We are pleased to have finalized the acquisition of Trinity Helicopters. Their operations and client-base complements our existing aviation businesses, Summit Air and Arctic Sunwest Charters,” said... Read more
5-Feb-2013Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors has declared a quarterly dividend of $0.20 per share of common stock issued and outstanding at the close of business on March 1, 2013 (the “Record Date”). The dividend will be payable on March 15, 2013 to stockholders of... Read more
5-Feb-2013Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported net income for the December 2012 quarter of $36.4 million or$1.00 per diluted share compared to net income of $25.5 million or $0.70 per diluted share in the same period a year ago. Adjusted net income, which excludes asset disposition effects and special items, was $42.6 million or $1.17per diluted share for the December 2012 quarter, an increase of $14.8 millionor $0.41 per diluted share over... Read more
5-Feb-2013Source: China Daily
Citic Offshore Helicopter Co has announced plans to divest its 94% stake in Citic General Aviation for a minimum value of 84.57 million yuan ($13.58 million). (see news story)... Read more
4-Feb-2013Source: SEACOR Holdings
SEACOR Holdings Inc. (NYSE: CKH) (“SEACOR”) and Era Group Inc. (“Era Group”) today [Friday 1st February] announced the successful completion of the spin-off of Era Group from SEACOR, finalizing the transition to Era Group’s status as an independent public company. Until this point a subsidiary of SEACOR, Era Group attained full independent status yesterday, January... Read more
24-Jan-2013Source: HeliHub.com
UTC, the parent company of Sikorsky, reported its fourth quarter and full year results yesterday. In a very telling section of the press release, they admit that “earnings per share [of parent UTC] of $1.04 were down 27%” and of that, “results included a $0.12 charge recorded at Sikorsky related to the Canadian Maritime Helicopter... Read more
21-Jan-2013Source: HeliHub.com
Arizona operator Sky Blue Helicopters has ceased trading, and its website removed from the internet. The last posting on their still-active Facebook page was in February 2012 when they posted the optimistic “It’s a beautiful Friday here at Sky Blue! Gearing up for one busy weekend!!”, somewhat bizarrely just 13 days after they started their... Read more
21-Jan-2013Source: Reuters
Ratings agency Standard and Poor’s has down-graded Finmeccanica debt with a statement that says they no longer believe that the company’s metrics will improve in 2013, “even if come disposals are forthcoming”. They give an outlook of “stable”, believing the company can slightly improve operating profits in 2013. (see full text)... Read more
20-Jan-2013Source: Bristow Group
Bristow Group Inc. (NYSE:BRS), the leading provider of helicopter services to the offshore energy industry, today announced that it will be presenting at the 2013 Credit Suisse Energy Summit to be held in Vail, Colorado on February 4 – 7, 2013. Bristow Group management is scheduled to present on Wednesday, February 6, at 9:15 a.m. Mountain... Read more
17-Jan-2013Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year 2013 third quarter after the market closes on Monday, February 4. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live over the... Read more
15-Jan-2013Source: Seacor Holdings
SEACOR Holdings Inc. and Era Group Inc. (“Era Group”) today announced the timing and details regarding the spin-off of Era Group from SEACOR. The SEACOR board of directors has declared a pro rata dividend of the shares of Era Group common stock owned by SEACOR that will result in the complete legal and structural separation... Read more
10-Jan-2013Source: Greenwich AeroGroup
Greenwich AeroGroup, Inc. has announced that it has signed a definitive agreement to acquire Aero Precision Industries, LLC. Based in Livermore, Calif., Aero Precision is a recognized leader in the supply of aftermarket original equipment manufacturer (OEM) parts, systems and custom logistic support services for military aircraft operators worldwide. “Aero Precision has done an outstanding... Read more
1-Jan-2013Source: Air Methods
Air Methods Corporation (NASDAQ: AIRM), the global leader in air medical transportation, announced today that it has entered into a definitive stock purchase agreement to acquire all of the outstanding shares of capital stock of Sundance Helicopters, Inc. (Sundance), a helicopter tour operator based in Las Vegas, Nevada. Sundance is a leader in helicopter tour... Read more
19-Dec-2012Source: AAR
AAR (NYSE: AIR) today reported second quarter fiscal year 2013 consolidated sales of $512.8 million and net income of $17.8 million, or $0.44 per diluted share. This compares to year-ago sales of $482.0 million and net income of $17.6 million, or $0.43 per diluted share. Commercial sales increased 28% over the prior year’s second quarter, rising to 60% of consolidated sales compared to 50% of consolidated... Read more
18-Dec-2012Source: Bloomberg
Shipbuilder Hyundai Heavy Industries Co. was the only bidder ahead of the deadline. At least two bids are needed for a deal to go ahead because of rules covering sales by government entities. (see full story)... Read more
17-Dec-2012Source: UTair
On December 18, 2012 the shares of OJSC “Airline” UTair ” (UTAR) are included in the RTS-2 (RTS2) Moscow stock exchange. The presence of “UTair” in the index indicates an increase in the liquidity of the securities in the stock market and their investment appeal. “The inclusion of the shares of” UTair “in the index... Read more
17-Dec-2012Source: Helinet Aviation
Helinet Aviation Services, a diversified flight services company, announced today the acquisition of Shotover Camera Systems, developer of the world’s first gyro-stabilized camera system for shooting aerial footage in Ultra High-Definition, the next generation digital video standard announced earlier this year. Lightweight and compact enough to be transported as excess baggage by a single person,... Read more
13-Dec-2012Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (EAC), a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, announced today that it will be presenting at the 2012 Imperial Capital Security Investor Conference in New York City. The presentation is to be held at 1:45 p.m. ET on Thursday, December 13, 2012. Udo Rieder,... Read more
12-Dec-2012Source: CHC
Revenue and earnings were up in CHC Helicopter’s fiscal second-quarter 2013, as the company continues to transform itself into the most capable and efficient global helicopter-services operator. CHC’s revenue for the quarter, which ended Oct. 31, increased 6 percent from the same period a year ago, to $447 million. It was the seventh straight quarter... Read more
12-Dec-2012Source: Garmin
Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it will become a component in the S&P 500 index after the close of trading on Tuesday, December 11. “The S&P 500 index is widely recognized as a bellwether of the American equities market and we are honored to be listed among... Read more
11-Dec-2012Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, announced today that its board of directors has declared a special cash dividend of $7.00 per share (on a pre-split basis) on the Company’s common stock, payable on December 28, 2012 to stockholders of record at the close of business on December 20, 2012.... Read more
7-Dec-2012Source: Milestone Aviation Group
The Milestone Aviation Group Limited (“Milestone”) today announced that it intends to offer (the “Offering”) $250 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”). Milestone intends to use the net proceeds of the Offering to finance the purchase of aircraft and to refinance previously purchased aircraft. The remainder, if any,... Read more
5-Dec-2012Source: EADS
The EADS Board of Directors and the company’s core shareholders have agreed on a far-reaching change of the company’s shareholding structure and governance. This agreement aims at normalising and simplifying the governance of EADS while securing a shareholding structure that allows France, Germany and Spain to protect their legitimate strategic interests. Subject to customary regulatory... Read more
4-Dec-2012Source: EADS
Further to recent press reports and speculation, EADS NV confirms that key shareholders are discussing potential changes in the company shareholding structure and corporate governance. The company is participating actively in such discussions, as appropriate, with the support of its Board of Directors, with the objective to preserve and enhance, where appropriate, the interests of... Read more
4-Dec-2012Source: Air Methods
The stockholders of Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, today approved a three-for-one stock split, an increase from 23.5 million to 70.5 million in the number of authorized shares of the Company’s Common Stock and an increase from 5 million to 15 million in the number of authorized shares of... Read more
4-Dec-2012Source: CHC
CHC Helicopter expects to release its fiscal-2013 second-quarter financial results for the period ended Oct. 31 after market close on Tuesday, Dec. 11. CHC senior leaders will discuss the company’s strategy and operating performance during a conference call and webcast on Wednesday, Dec. 12, at 5:00 p.m. Eastern Time. Members of the news media, investors... Read more
4-Dec-2012Source: AeroVironment
AeroVironment, Inc. (NASDAQ: AVAV) today announced it has entered into a strategic relationship with Sweden-based CybAero AB (NASDAQOMXS: CBA) to develop and distribute a Tier II vertical takeoff and landing (VTOL) unmanned aircraft system in response to unmet requirements from multiple customers. The relationship gives AeroVironment exclusive rights to provide CybAero AB systems to United... Read more
21-Nov-2012Source: Kaman
Kaman Corporation (NYSE:KAMN) announced that today it has closed on a new five-year $500 million credit facility replacing its prior $317.5 million credit facility. The facility includes a collateralized security agreement and carries a standard financial covenant package, which the company believes reflects current market terms and conditions. The facility consists of a $400 million revolving credit... Read more
13-Nov-2012Source: HNZ Group
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (“the Company”), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the third quarter ended September 30, 2012. THIRD QUARTER RESULTS The Company generated revenue of $70.0 million, compared with revenue of $85.4 million in the third quarter of 2011.... Read more
13-Nov-2012Source: HNZ Group
HNZ Group Inc. (“HNZ”) (TSX: HNZ.A, HNZ.B) announced today that its Board of Directors has declaredmonthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of February 15, 2013, March 15, 2013 and April 15, 2013 to holders of record at the close of business January 31, 2013, February 28, 2013... Read more
12-Nov-2012Source: Bloomberg
UTair Aviation, the Russian airline and helicopter company controlled by the nation’s fourth-largest oil producer, will seek to raise as much as $350 million in an overseas stock offering in 2013 (see full story)... Read more
8-Nov-2012Source: Air Methods
Air Methods Corporation (AIRM) will report financial results for the third quarter ended September 30, 2012 after the close of the market on Thursday, November 8, 2012. The Company has scheduled a conference call for Thursday, November 8, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
8-Nov-2012Source: Erickson Air-Crane
Erickson Air-Crane Incorporated, a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced financial results for the third quarter ended September 30, 2012. Revenues for the three months ended September 30, 2012 increased by 29% versus the third quarter of 2011, rising to $76.3 million. This increase was... Read more
8-Nov-2012Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on January 8, 2013 to shareholders of record on December 24, 2012. The payment, when made, will mark forty-three consecutive years of dividend payments by Kaman. Kaman Corporation, founded in 1945 by... Read more
8-Nov-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported net income for the September 2012 quarter of $29.7 million or $0.82 per diluted share compared to net income of $2.7 million or $0.07 per diluted share in the same period a year ago. Adjusted net income, which excludes asset disposition effects and special items, was $29.2 million or $0.80 per diluted share for the September 2012 quarter, an increase of $5.9 million or $0.17 per diluted share over... Read more
7-Nov-2012Source: Erickson Air-Crane
Erickson Air-Crane , a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that it had entered into a non-binding letter of intent to acquire 14 helicopters and associated personnel and assets from HRT Participacoes em Petroleo, S.A. (HRT). The letter of intent is non-binding and, for the acquisition to... Read more
6-Nov-2012Source: PHi
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended September 30, 2012. Oil and Gas segment revenues were $115.0 million for the three months ended September 30, 2012, compared to $96.6 million for the three months ended September 30, 2011, an increase of $18.4 million. Flight... Read more
5-Nov-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors has declared a quarterly dividend of $0.20 per share of common stock issued and outstanding at the close of business on November 30, 2012 (the “Record Date”). The dividend will be payable on December 14, 2012 to stockholders... Read more
2-Nov-2012Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the third quarter ended September 30, 2012 after the close of the market on Thursday, November 8, 2012. The Company has scheduled a conference call for Thursday, November 8, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
2-Nov-2012Source: CHC
CHC Helicopter (“CHC” or “the Company”) announced today that it has priced a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), of an additional US$200 million aggregate principal amount of its 9.250% Senior Secured Notes due 2020 (the “Notes”). Other than with respect... Read more
1-Nov-2012Source: Kaman
Kaman Corp. (NYSE:KAMN) today reported financial results for the third quarter ended September 28, 2012. Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “During the third quarter we delivered solid performance in both of our businesses. Aerospace delivered 28.9% sales growth driven by deliveries of over 10,000 Joint Programmable Fuzes (“JPF”) during the... Read more
31-Oct-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the worldwide offshore energy industry, announced today that it had called its outstanding 7½% Senior Notes due 2017 for redemption on October 31, 2012. The face value of the notes is $11.9 million, and the cost to redeem the notes is expected to be approximately $12.3 million. ... Read more
31-Oct-2012Source: Ledcor Group
Ledcor Air Limited, a member of The Ledcor Group of Companies, announced today that it has entered into a Letter of Intent to acquire Trinity Helicopters Limited, based in Yellowknife, Northwest Territories. “We are hopeful that following a confirmatory due diligence period, a definitive purchase and sale agreement will be concluded. The effective date of... Read more
30-Oct-2012Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will postpone the release of its third quarter 2012 results. The new release date will be after the stock market closes on Wednesday, October 31, 2012. Management will host a webcast and conference call to discuss the results at 8:30 am ET on Thursday, November 1, 2012. “The... Read more
29-Oct-2012Source: Bristow Group
Bristow Group Inc., the leading provider of helicopter services to the worldwide offshore energy industry, announced today the expiration and final results of the tender offer and consent solicitation (the “Tender Offer and Consent Solicitation”), commenced on September 27, 2012, to purchase any and all of its outstanding 7½% Senior Notes Due 2017 (the “Notes”). The... Read more
29-Oct-2012Source: Erickson Air-Crane
Erickson Air-Crane, Inc, a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that it will release its earnings results for the third quarter ended September 30, 2012 on Wednesday, November 7, 2012 after the market close. Udo Rieder, the Company’s President and Chief Executive Officer, and Chuck... Read more
19-Oct-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year 2013 second quarter after the market closes on Wednesday, November 7. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live over... Read more
12-Oct-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the worldwide offshore energy industry, announced today the closing of its offering of $450 million aggregate principal amount senior notes due 2022 (the “Notes”) pursuant to a registration statement filed with the Securities and Exchange Commission (the “Commission”). The Notes will bear interest at a rate of 6.25%... Read more
12-Oct-2012Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2012 results after the stock market closes on Monday, October 29, 2012 and host a live webcast and conference call at 8:30am ET on Tuesday, October 30, 2012. The call will last approximately one hour. The call will be accessible by telephone at... Read more
11-Oct-2012Source: Aspen Avionics
Aspen Avionics announced today the closing of a $12.8 million round of equity financing to support continued product and emerging technologies development. All of Aspen’s previous investors, including Granite Ventures, Sun Mountain Capital, Signal Peak Ventures, EPIC Ventures, Fort Washington Capital Partners and New Mexico Community Capital participated in the round. In addition, an investment group led... Read more
10-Oct-2012Source: HeliHub.com
BAE Systems and EADS have announced that they have terminated talks which they expected to lead to a dual-listing merger. Both have issued official looking press releases, but it became very evident in recent days that the Government owned stakes in EADS, particularly the shares held by France and Germany, were going to be a... Read more
9-Oct-2012Source: Fuglefjellet
Fuglefjellet AS is proud to announce that we have signed a contract to buy our largest competitor in the Norwegian aerial filming market, Blue Sky Nordic. The Fuglefjellet aerial film service branded as Magic Air is the market leader in Norway and with the purchase of our competitor we will be the largest aerial filming... Read more
8-Oct-2012Source: Reuters
Britain will block the proposed $45 billion merger between EADS and BAE Systems if key “red line” priorities are not met, defence minister Philip Hammond said on Sunday (see full story)... Read more
7-Oct-2012Source: CHC
CHC Helicopter (“CHC” or “the Company”) announced today that it has priced a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), of an additional US$200 million aggregate principal amount of its 9.250% Senior Secured Notes due 2020 (the “Notes”). Other than with respect to... Read more
5-Oct-2012Source: Russian Helicopters
Russian Helicopters, JSC (“the Company”), a leading global designer and manufacturer of helicopters, and producer of some of the world’s most iconic, innovative and widely operated models, announces its consolidated operating and audited financial results for the first half of 2012 under IFRS. Firm backlog increased to 921 helicopters as of 30 June 2012; Revenue... Read more
3-Oct-2012Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, today announced that its Board of Directors approved a three-for-one stock split of the Company’s common stock. Implementation of the stock split is subject to approval by the Company’s shareholders of an increase in the number of authorized shares from 28.5 million to... Read more
28-Sep-2012Source: Kazan
Please be advised that starting from October 02, 2012 ordinary shares of “Kazan Helicopters” OJSC taken up in accordance with the provisions of the Federal Law “On joint-stock companies” are removed from the constituent lists of RTS2, MICEX and MICEX MNF/RTSin Indices due to a suspension of trading in these securities. Ordinary shares of “RBK”... Read more
28-Sep-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) announced today the pricing of its previously announced offering of senior notes. The offering was upsized to $450 million aggregate principal amount and will be issued as a single series of senior notes due 2022 (the “notes”) pursuant to a registration statement filed with the Securities and Exchange Commission (the “Commission”). The notes will bear... Read more
28-Sep-2012Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) announced today that it intends to offer, subject to market and other conditions, approximately $225 million aggregate principal amount of senior notes due 2020 and approximately $200 million aggregate principal amount of senior notes due 2022 (collectively, the “notes”), through an offering registered under the Securities Act of 1933 (the “Securities Act”). The company intends... Read more
