7-Dec-2011Source: Mail Tribune
Erickson Air-Crane put its best foot forward Monday, reaffirming its initial public offering efforts more than 18 months after saying it hoped to raise $75 million from investors. (see full story)... Read more
6-Dec-2011Source: REACH
REACH Air Medical Services and Cal-Ore Life Flight announce the merger of the two privately-held companies, creating the most comprehensive network of medical air and ground transportation in the Western United States. REACH, with 13 helicopter bases and one airplane base, and Cal-Ore, with two airplane and two ground ambulance bases, have been collaborators in... Read more
29-Nov-2011Source: AgustaWestland
AgustaWestland, a Finmeccanica company, is pleased to announce that it has finalised the transaction with Bell Helicopter Textron for the acquisition of the 609 tiltrotor programme. All legal and regulatory approvals have now been successfully completed. The development of the AW609 tiltrotor programme is now moving forward under full AgustaWestland control with civil certification expected... Read more
23-Nov-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) announced today that the Company will restate its financial results after receiving a response from the U.S. Securities and Exchange Commission (SEC). The SEC responded to the Company’s previous request for guidance concerning the appropriate GAAP interpretation of the maximum amount that the Company could be required to pay as described... Read more
17-Nov-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (TSX: CHL.A, CHL.B) (“the Companyâ€), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the third quarter ended September 30, 2011. These results reflect the acquisition of Helicopters (N.Z.) Limited, (“HNZâ€) on July 7, 2011. The results also reflect Canadian Helicopters’ conversion... Read more
17-Nov-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (“Canadian Helicopters”) (TSX: CHL.A, CHL.B) announced today that its Board of Directors has declared monthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of February 15, 2012, March 15, 2012 and April 13, 2012 to holders of record at the close of business January 31, 2012,... Read more
17-Nov-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) announced today that on November 11, 2011, the Company received a letter from the Nasdaq Stock Market stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1). The Company anticipated receiving such letter because, as previously disclosed, the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”) for the quarter ended September... Read more
13-Nov-2011Source: CHC
CHC Helicopter said that its owner, First Reserve Corp., has delivered $80 million against a commitment of an additional $100 million in equity in the global helicopter-services company. CHC announced the planned investment in September, a move intended to help fund continued expansion in the midst of strong industry growth. According to CHC, the balance... Read more
12-Nov-2011Source: HAL
The Hindustan Aeronautics Limited (HAL) has handed over a final dividend cheque for Rs. 123.17 crores for the year 2010-11 to the government. This is in addition to the interim dividend of Rs. 299.95 crores paid in February 2011, and the total dividend for the year works out to Rs. 423.12 crores (351.13 per cent... Read more
11-Nov-2011Source: 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 $0.15 per share of common stock issued and outstanding at the close of business on November 18, 2011 (the “Record Date”). The dividend will be payable on December 12, 2011 to stockholders... Read more
11-Nov-2011Source: Russian Helicopters
According to 1H2011 consolidated audited financial results Russian Helicopters’ revenue reached 42,4 billion Rubles [$1.39B at today’s prices]. The Company first time publishing its half year financial audited IFRS results. Operational profit amounted to 17,3 billion Rubles [$567M]. The net profit of the Company almost reached 2,8 billion Rubles [$92M]. And the EBITDA equaled to... Read more
10-Nov-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (“Canadian Helicoptersâ€) (TSX: CHL.A, CHL.B) will release its third results ending September 30, 2011, on Monday November 14, 2011, after market close. The Canadian Helicopters Group Inc. conference call will take place Tuesday November 15, 2011 at 11:00 a.m. (ET) to review the financial results. To participate in this conference call,... Read more
10-Nov-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) reported results for the quarter ended September 30, 2011. Revenue increased 20% to $185.2 million from $153.9 million in the year-ago quarter. For the nine-month period, revenue increased 14% to $467.2 million, up from $411.6 million in the prior-year nine-month period. For the quarter, net income decreased slightly to $18.5 million,... Read more
9-Nov-2011
Eurocopter has confirmed that it is willing to contribute to the attempt to save South African aerospace and defence company Advanced Technologies & Engineering (ATE), which is in serious financial difficulties. Eurocopter is a major creditor of ATE (Full story) Photo from Eurocopter brochure shows EC635 destined for Iraqi Air Force on test flight with... Read more
8-Nov-2011Source: PHi
PHI, Inc. today reported financial results for the quarter ended September 30, 2011. Oil and Gas segment revenues were $96.6 million for the quarter ended September 30, 2011, compared to $89.8 million for the quarter ended September 30, 2010, an increase of $6.8 million. Flight hours were 29,901 for the current quarter compared to 30,119... Read more
8-Nov-2011Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported net income for the September 2011quarter of $2.7 million, or $0.07 per diluted share, compared to net income of $38.9 million, or $1.06 per diluted share, in the same period a year ago. Adjusted net income, excluding non-cash asset impairment charges of $27.3 million and asset disposition effects, for the September 2011 quarter was $23.3 million, or $0.63 per diluted share, compared... Read more
4-Nov-2011Source: Money Control
Hindustan Aeronautics Ltd, HAL for short, has started to work with merchant bankers on a placement of shares – an IPO as it’s known in banking circles. (See full story)... Read more
3-Nov-2011Source: Kaman
Kaman Corporation (nasdaq-gs:KAMN) today announced that its subsidiary, Kaman Aerospace Group, Inc., has entered into an agreement to acquire Vermont Composites Inc., a leader in the design and manufacture of composite aerostructures and advanced composite medical equipment based in Bennington, Vermont. Gregory L. Steiner, President of Kaman Aerospace Group commented, “This is an excellent acquisition... Read more
24-Oct-2011Source: 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 2012 second quarter ended September 30, 2011, after the market closes on Monday, November 7. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast... Read more
20-Oct-2011Source: Cassidian
Cassidian has acquired SurveyCopter in order to increase the synergies within its light UAV segment (Unmanned Aerial Vehicle – UAV). Created in 1996, SurveyCopter is a French defence company based in France and Switzerland. Cassidian and SurveyCopter are partners since 2003. Cassidian plans to launch a new industrial pole specifically dedicated to tactical UAVs and... Read more
18-Oct-2011Source: Metro Aviation
On the heels of the first air medical EC155 completions in North America for the University of Michigan Survival Flight, Metro Aviation continues to book new aircraft completions and sign new operating customers for what will undoubtedly be a record year for business. The company has recently signed contracts to complete two new EC145 helicopters... Read more
12-Oct-2011Source: AAR
AAR CORP. (NYSE: AIR) announced today that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be paid on November 4, 2011, to stockholders of record as of the close of business on October 24, 2011.  Future cash dividends will be subject to Board of... Read more
4-Oct-2011Source: Goodrich
Goodrich Corporation (NYSE: GR) has acquired Winslow Marine Products Corporation (Winslow), a leading provider of life rafts to the corporate aviation, helicopter, and marine markets.  The transaction closed on September 30, 2011. Terms of the acquisition were not disclosed. Winslow, a privately-held company, employs approximately 70 people at its Lake Suzy, Fla. facility.  Founded in 1941, Winslow has a... Read more
3-Oct-2011Source: Russian Helicopters
Russian Helicopters, the holding company controlling the Russian rotorcraft industry assets and a subsidiary of United Industrial Corporation Oboronprom, has started reforming its acquisition activities, including the processes leading to the rendering of services, delivery of equipment, materials, parts, and units – everything necessary for the business of the holding company. The reform is carried... Read more
23-Sep-2011Source: Precision Aviation Group
Atlanta, GA-based Precision Aviation Group (PAG), exclusive provider of ISMRO® (Inventory Supported Maintenance Repair & Overhaul), announces the acquisition of Long Beach, CA based Aero Technology (ATI).  ATI is a Global MRO Services provider of Accessories, Avionics, and Instruments to the Commercial Transport, Military and Regional Airline markets.  ATI was the recipient of Boeing’s coveted Gold Supplier... Read more
23-Sep-2011Source: CHC
CHC Helicopter today announced strong revenue and EBITDA growth in its fiscal first-quarter 2012, at the same time it was planning and carrying out a transformation initiative to best position the company for profitable, long-term growth. Separately, the company said its owner, First Reserve Corp., intends to invest an additional $100 million in equity in... Read more
22-Sep-2011Source: United Technologies
United Technologies Corp. (NYSE: UTX) today announced it has reached agreement to purchase Goodrich Corporation (NYSE: GR) for $127.50 per share in cash. This equates to a total enterprise value of$18.4 billion, including $1.9 billion in net debt assumed. United Technologies expects to finance the transaction through a combination of debt and equity issuance.  The equity component is expected... Read more
21-Sep-2011Source: Canadian Helicopters
Canadian Helicopters, an international provider of helicopter transportation and related services, announced the filing of the business acquisition report (“BAR”) relating to its acquisition of the assets of Helicopters (N.Z.) Limited (including the shares of Helicopters (Australia) Pty Ltd. and other active subsidiary companies) as well as the assets of Helicopter Nominees Limited (collectively “HNZ... Read more
15-Sep-2011Source: RLC
RLC, the largest privately-held helicopter operator for the oil & gas industry in the Gulf of Mexico, today announced that it has secured a strategic investment from Sankaty Advisors, one of the nation’s leading private managers of fixed income and credit instruments. Terms of the private transaction were not disclosed. Headquartered in Broussard, Louisiana, RLC... Read more
15-Sep-2011Source: HeliHub.com
CEO of Air Methods Corp. Aaron D Todd sells 14,457 shares of AIRMÂ at an average price of $61.41 a share, realising $887,804.37 – see SEC filing William P Johnson – HeliHub.com... Read more
8-Sep-2011Source: Discovery Air
Discovery Air Inc. (TSX: DA.A, DA.DB.A) (http://www.discoveryair.com) announced today that it will host an analyst call on Tuesday, September 13, 2011 at 4:00 pm ET to discuss its fiscal 2012 second quarter results. Dave Jennings, President and CEO, and Andy Min, Chief Financial Officer, will host the call. The Company is expected to report its... Read more
29-Aug-2011
A new owner has been announced today for Totally Tourism, including the Glacier Helicopters business once co-owned by Helicopters (NZ). (See full story)... Read more
26-Aug-2011Source: Honeywell
Honeywell (NYSE: HON) today announced that its wholly-owned subsidiary Egret Acquisition Corp. successfully completed the tender offer for all shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), including the associated common stock purchase rights, at a price of $33.00 per share, without interest and net of applicable withholding taxes. The tender offer expired... Read more
21-Aug-2011Source: Guardian Mobility
Guardian Mobility announced that it has completed its acquisition of Boston-based Alakai Technologies, creating an advanced turnkey flight data monitoring solution for aircraft operators around the world. With this acquisition, initially announced on May 10, 2011, Guardian now has one of the aircraft industry’s most innovative and sophisticated product and service solutions for fleet operators.... Read more
15-Aug-2011Source: CHC
CHC Helicopter said that Rick Davis is stepping down as executive vice president and chief financial officer of the world’s largest helicopter-services company. Doug Yakola, a senior advisor at McKinsey & Co., will assume Mr. Davis’ finance responsibilities on an interim basis. The temporary change is effective immediately, though Mr. Davis will be assisting with... Read more
12-Aug-2011Source: Canadian Helicopters
MONTREAL, August 11, 2011 – Canadian Helicopters Group Inc. (“Canadian Helicopters”) (TSX: CHL.A, CHL.B) announced today that its Board of Directors has declared monthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of November 15, 2011, December 15, 2011 and January 13, 2012 to holders of record at the close... Read more
12-Aug-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (TSX: CHL.A, CHL.B) (“the Company”), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the second quarter ended June 30, 2011. These results reflect Canadian Helicopters’ conversion to a corporation on December 31, 2010 and the adoption, on January 1, 2011, of International Financial Reporting Standards... Read more
11-Aug-2011Source: HeliHub.com
Bristow Group is on the hunt for companies to buy. CFO Jonathan Baliff is quoted by the Wall Street Journal as saying that the company has the biggest merger and acquisition war chest in the industry globally. He also believes that there is mounting pressures in the industry for consolidation. “It’s a very fragmented industry,”... Read more
10-Aug-2011Source: Kaman
Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “We are very pleased with our second quarter results, which reflect continuing sales growth and improved profitability, in each of our businesses. In Industrial Distribution, we again achieved record sales and as a result of the higher volume and our focus on profitability improvement delivered... Read more
10-Aug-2011Source: CPI Aero
CPI Aerostructures, Inc. (“CPI Aero(R)”)Â CVUÂ -9.22% today announced record results for the 2011 second quarter and six months ended June 30, 2011. Second Quarter 2011 vs. 2010 — Revenue increased 38.9% to $17,426,223 from $12,544,625; — Gross margin was 24.4% compared to 26.7%; — Pre-tax income increased 14.7% to $2,094,816 compared to $1,826,254; and, — Net... Read more
9-Aug-2011Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported adjusted net income, excluding asset disposition effects, for the first quarter ended June 30, 2011 of $20.0 million, or $0.54 per diluted share, compared to $19.6 million, or $0.54 per diluted share, in the same period a year ago. GAAP net income for the first quarter was $21.0 million, or $0.57 per diluted share, compared to GAAP net income... Read more
8-Aug-2011Source: 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, 2011 and provided an update on July 2011 community-based patient transports. For the quarter, revenue increased 8% from $139.2 million to $150.2 million in the current-year quarter. For the six-month period, revenue... Read more
8-Aug-2011Source: Canadian Helicopters
C anadian Helicopters Group Inc. (“Canadian Helicoptersâ€) (TSX: CHL.A, CHL.B) will release its second quarter results ending June 30, 2011, on Thursday August 11, 2011, after market close. The Canadian Helicopters Group Inc. conference call will take place Friday August 12, 2011 at 11:00 a.m. (ET) to review the financial results. To participate in this... Read more
8-Aug-2011Source: BBC
Accountancy firm PKF has been appointed as liquidator after creditors Toby Blackwell Limited and the EAAA have applied to court. (Full story)... Read more
7-Aug-2011Source: 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 declared a quarterly cash dividend of $0.15per share of its common stock. The dividend will be payable onSeptember 12, 2011 to shareholders of record at the close of business on August 15, 2011. ABOUT BRISTOW... Read more
4-Aug-2011Source: PHi
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended June 30, 2011. Oil and Gas segment revenues were $90.2 million for the three months ended June 30, 2011, compared to $94.7 million for the three months ended June 30, 2010, a decrease of $4.5 million. Flight... Read more
3-Aug-2011Source: CHC
CHC Helicopter said today it has completed agreements with all of its aircraft lessors to successfully reset the financial covenants on the company’s operating leases. “We are very pleased with the overall outcome of the negotiations and the support we received from our lessors,†said William Amelio, CHC’s president and chief executive officer. “We are... Read more
3-Aug-2011Source: CPI Aero
CPI Aerostructures, Inc. (“CPI Aero(R)”) (NYSE Amex: CVU) today announced that it will issue its financial results for the second quarter ended June 30, 2011 on Tuesday, August 9, 2011 prior to the opening of the stock market. CPI Aero’s President & CEO, Edward J. Fred and CFO, Vincent Palazzolo will host a conference call... Read more
2-Aug-2011Source: Breeze-Eastern
Breeze-Eastern Corporation (Amex: BZC) will announce its Fiscal 2012 First Quarter financial results for the period ended June 30, 2011 on August 4, 2011. In conjunction with the release, the Company will conduct its teleconference call at 11:00 a.m. EDT on Thursday, August 4, 2011 to discuss the company’s financial results for its First Quarter... Read more
2-Aug-2011Source: Air Methods
Air Methods Corporation, the largest air medical transportation company in the world, announced today that it has successfully completed its acquisition of OF Air Holdings Corporation and its subsidiaries, including Omniflight Helicopters, Inc. (together, Omniflight). Omniflight provides air medical transport services throughout the United States and provides these services under both the community-based and hospital-based... Read more
1-Aug-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) for its proposed transaction to acquire OF Air Holdings Corporation and its subsidiaries, including Omniflight Helicopters, Inc. (together,... Read more
29-Jul-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the second quarter ended June 30, 2011 after the close of the market on Thursday, August 4, 2011. The Company has scheduled a conference call for Thursday, August 4, 2011 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
28-Jul-2011Source: Honeywell
MORRIS TOWNSHIP, N.J. – July 26, 2011 – Honeywell (NYSE: HON) today announced that its wholly-owned subsidiary, Egret Acquisition Corp., is extending until 5:30 p.m., New York City time, on August 19, 2011, its previously-announced cash tender offer for all of the outstanding shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), including the associated... Read more
22-Jul-2011Source: 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 2012 first quarter ended June 30, 2011, after the market closes on Monday, August 8. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast... Read more
21-Jul-2011Source: Air Methods
Air Methods Corporation, the largest air medical transportation company in the world, provided an update on second quarter 2011 preliminary results, as well as a status update on pending acquisition of OF Air Holdings and its subsidiaries (together, Omniflight). Based on preliminary 2011 second quarter results, total community-based patient transports were 10,319. Patients transported for... Read more
5-Jul-2011Source: Air Methods
Air Methods Corporation AIRM +1.09% , the largest air medical transportation company in the world, announced today that it has successfully closed, together with its bank group, led by KeyBank National Association KEY -1.66% , a five-year Amended and Restated Credit Agreement (the Amended Credit Facility). The Amended Credit Facility is comprised of a $100 million revolving line of... Read more
30-Jun-2011Source: Eurocopter
Eurocopter Holding, a subsidiary of EADS (EUR:EAD), and Vector Aerospace Corporation (TSX:RNO), a Canadian corporation listed on the Toronto Stock Exchange, announced today that all of the terms and conditions of the offer by 7762798 Canada Inc. (the “Offerorâ€), to acquire at a price of C$13.00 in cash per share, all of the outstanding Common... Read more
29-Jun-2011Source: Honeywell
Honeywell (NYSE: HON) today announced that its wholly-owned subsidiary, Egret Acquisition Corp., is commencing its previously-announced cash tender offer for all of the outstanding shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), including the associated common stock purchase rights, at a price of $33 per share, without interest and net of applicable withholding taxes.... Read more
29-Jun-2011Source: International Bank of Qatar
IBQ announced that it has extended a QR158.8m term loan facility to Gulf Helicopters Company (GHC). IBQ is the sole provider of the term loan financing to Doha-based GHC for this transaction, which will support the growth and diversification of one of the region’s leading helicopter operators. About The International Bank of Qatar (IBQ): The... Read more
27-Jun-2011Source: Gurufocus
CEO of Air Methods Corp. Aaron D Todd sells 6,500 shares of AIRMÂ at an average price of $69.45 a share.... Read more
21-Jun-2011Source: Vector Aerospace
Eurocopter Holding, a subsidiary of EADS , and Vector Aerospace Corporation, a Canadian corporation listed on the Toronto Stock Exchange, announced today that all remaining regulatory approvals required to be obtained by 7762798 Canada Inc. (the “Offeror”), a wholly-owned subsidiary of Eurocopter Holding, under the Offeror’s offer to acquire at a price of C$13.00 in... Read more
15-Jun-2011Source: Multi Channel Merchant
Signature Styles, a division of private equity firm Patriarch Partners formed two years ago to purchase Spiegel Brands, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware late Monday. MD Helicopters is majority owned by Patriarch Partners. See article... Read more
14-Jun-2011Source: EMS Technologies
EMS Technologies (NASDAQ:ELMG), a leading provider of wireless connectivity solutions for aviation, aerospace and global resource management, today announced a definitive agreement under which Honeywell (NYSE:HON), a diversified technology and manufacturing leader, will acquire EMS in an all-cash transaction valued at approximately $491 million, net of cash acquired. Under the terms of the agreement, which... Read more
13-Jun-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (TSX: CHL.A, CHL.B) (“the Company”), the largest helicopter transportation services company operating in Canada, today announced its financial and operating results for the first quarter ended March 31, 2011. These results are the first presented by Canadian Helicopters following its conversion to a dividend-paying corporation on December 31, 2010 and the adoption, on January 1, 2011,... Read more
13-Jun-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (“Canadian Helicopters”) (TSX: CHL.A, CHL.B) announced today that its Board of Directors has declared monthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of August 15, 2011, September 15, 2011 and October 14, 2011 to holders of record at the close of business July 29, 2011,... Read more
8-Jun-2011Source: 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 July 5, 2011 to shareholders of record on June 20, 2011. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the... Read more
5-Jun-2011Source: Breeze-Eastern
-Breeze-Eastern Corporation (NYSE Amex: BZC) today reported its Fiscal 2011 financial results. Net sales: $78.2 million, a company record high, versus $69.0 million for Fiscal 2010. Net income: $5.0 million, or $0.53 per diluted share, versus a net loss of ($6.0) million, or ($0.64) per diluted share, last year. Adjusted EBITDA, a “Non-GAAP Financial Measure†as... Read more
3-Jun-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today that it has entered into a definitive merger agreement (the Agreement) to acquire OF Air Holdings Corporation and its subsidiaries, including Omniflight Helicopters, Inc. (together, Omniflight). Omniflight provides air medical transport services throughout the United States and provides these services... Read more
2-Jun-2011Source: Canadian Helicopters
Canadian Helicopters Group Inc. (“Canadian Helicopters”) (TSX: CHL.A, CHL.B) will release its first quarter results ending March 31, 2011, on Thursday June 9, 2011, after market close. The Canadian Helicopters Group Inc. conference call will take place Friday June 10, 2011 at 2:00 p.m. (ET) to review the financial results. To participate in this conference call, please dial one of... Read more
29-May-2011Source: Breeze-Eastern
-Breeze-Eastern Corporation (Amex: BZC) will announce its Fiscal 2011 Fourth Quarter and year-end financial results for the period ended March 31, 2011 on June 3, 2011. In conjunction with the release, the Company will conduct its teleconference call at 10:00 a.m. EDT on Friday, June 3, 2011 to discuss the company’s financial results for its Fourth... Read more
26-May-2011Source: Eurocopter
Eurocopter Holding, a subsidiary of EADS (EURONEXT:EAD), and Vector Aerospace Corporation (TSX:RNO), a Canadian company listed on the Toronto Stock Exchange, announced today that the expiry time of the offer by 7762798 Canada Inc. (the “Offeror”), a wholly-owned subsidiary of Eurocopter Holding, to acquire at a price of C$13.00 in cash per share all of... Read more
13-May-2011Source: Guardian Mobility
Guardian Mobility today announced that they have signed a binding Letter of Intent to acquire Alakai Technologies, the company that introduced Flight Data Monitoring (FDM) and Engine Trend Monitoring (ETM) systems to a broad aviation market. Combined with Guardian’s open platform satellite communications system and advanced web portal, aircraft operators now have access to greater capabilities at... Read more
13-May-2011Source: Goodrich
Goodrich Corporation (NYSE: GR) has completed the acquisition of Microtecnica S.r.l.  Microtecnica is a leading provider of flight control actuation systems for helicopter, regional and business aircraft, missile actuation, and aircraft thermal and environmental control systems.  Total cash consideration for the acquisition was approximately 331 million Euros ($478 million at an exchange rate of 1.44). Goodrich had announced its... Read more
13-May-2011Source: HeliHub.com
Russian Helicopters, has shelved its initial public offering at the London stock index this week because of a lack of demand for shares, adding to the list of Russian companies that have failed to make it in Europe. “While the IPO would serve the Russian government’s strategic vision for the industry, we are also very... Read more
11-May-2011Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported adjusted net income, excluding special items, for the fourth quarter ended March 31, 2011 of $37.0 million, or $1.00 per diluted share, compared to $26.6 million, or $0.73 per diluted share in the same period a year ago. GAAP net income for the fourth quarter was$30.9 million, or $0.84 per diluted share. The quarter benefited from operating improvement... Read more
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