Erickson Air-Crane announces 2012Q3 results
Source: Erickson Air-Crane, 08-Nov-12
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 [...]
Kaman Board of Directors Declares Dividend
Source: Kaman, 08-Nov-12
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 [...]
Bristow Group reports results for 2013 Q2 ending September 30, 2012
Source: Bristow Group, 08-Nov-12
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 [...]
Erickson Air-Crane to buy Brazilian offshore aerial services business
Source: Erickson Air-Crane, 07-Nov-12
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 [...]
PHi announces results for 2012 Q3
Source: PHi, 06-Nov-12
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 [...]
Bristow Group announces quarterly dividend
Source: Bristow Group, 05-Nov-12
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 [...]
Air Methods to report Q3 Results after market close on 8th November
Source: Air Methods, 02-Nov-12
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 [...]
CHC prices US$200M secured notes due 2020
Source: CHC, 02-Nov-12
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 [...]
Kaman reports 2012 Q3 results
Source: Kaman, 01-Nov-12
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 [...]
Bristow announces redemption of its 7½% Senior Notes due 2017
Source: Bristow Group, 31-Oct-12
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. [...]
Ledcor Air to acquire Trinity Helicopters
Source: Ledcor Group, 31-Oct-12
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 [...]
Hurricane Sandy postpones Kaman Q3 results
Source: Kaman, 30-Oct-12
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 [...]
Bristow announces expiration of tender offer for 7½% Senior Notes Due 2017
Source: Bristow Group, 29-Oct-12
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 [...]
Erickson Air-Crane announces date for 2012Q3 results
Source: Erickson Air-Crane, 29-Oct-12
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 [...]
Bristow announces FY2013 Q2 Earnings Release and Concall Schedule
Source: Bristow Group, 19-Oct-12
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 [...]
Bristow Group announces closing of $450M Senior Notes Offering
Source: Bristow Group, 12-Oct-12
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% [...]
Kaman announces release date for 2012 Q3 earnings
Source: Kaman, 12-Oct-12
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 [...]
Aspen Avionics completes $12.8M financing, and adds two Board members
Source: Aspen Avionics, 11-Oct-12
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 [...]
BAE-EADS merger talks turn belly-up
Source: HeliHub.com, 10-Oct-12
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 [...]
Norway – Fuglefjellet AS buys Blue Sky Nordic AS
Source: Fuglefjellet, 09-Oct-12
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 [...]
UK Government prepared to veto EADS-BAE merger
Source: Reuters, 08-Oct-12
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)
CHC prices private offering of US$200M senior secured notes due 2020
Source: CHC, 07-Oct-12
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 [...]
Russian Helicopters reports 42% growth in revenues
Source: Russian Helicopters, 05-Oct-12
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 [...]
Air Methods board recommends 3-for-1 stock split
Source: Air Methods, 03-Oct-12
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 [...]
Kazan shares removed from three stock market indices
Source: Kazan, 28-Sep-12
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” [...]
Bristow Group announces pricing of $450M Senior Notes Offering
Source: Bristow Group, 28-Sep-12
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 [...]
Bristow Group announces Public Offering of $425M Senior Notes
Source: Bristow Group, 28-Sep-12
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 [...]
Bristow Group announces Tender Offer and Consent Solicitation for 7½% Senior Notes Due 2017
Source: Bristow Group, 28-Sep-12
Bristow Group Inc. (NYSE:BRS) announced today that it has commenced a cash tender offer for any and all of the $350 million outstanding principal amount of its 7½% Senior Notes due 2017 (CUSIP/ISIN No. 110394AB9/ US110394AB99) (the “Notes”). In conjunction with the tender offer, Bristow is soliciting consents to eliminate most of the covenants, certain events of default applicable [...]
Conklin & de Decker to host 13th annual aircraft acquisition seminar in Arizona
Source: Conklin & de Decker, 23-Sep-12
Conklin & de Decker will host their 13th Annual Aircraft Acquisition and Planning Seminar in Scottsdale, Arizona on December 5-6, 2012 at the Scottsdale Plaza Resort. Unique from other seminars and workshops, the Conklin & de Decker Aircraft Acquisition Planning Seminar is the only seminar that is designed to help the aircraft buyer, aircraft owner [...]
TransDigm acquires Aero-Instruments
Source: TransDigm Group, 18-Sep-12
TransDigm Group Incorporated(NYSE: TDG) announced today that it has completed the acquisition of Aero-Instruments Co., LLC (Aero or the Company), for approximately $35 million in cash. Aero, located in Cleveland, Ohio, employs approximately 60 people and has been a supplier of proprietary, highly engineered components to the aerospace industry since 1925. Aero designs and manufactures highly engineered air data sensors [...]
Northstar Aerospace acquired by private equity firm
Source: Wynnchurch Capital, 16-Sep-12
Wynnchurch Capital (“Wynnchurch”), a leading middle-market private equity firm, announced today that its newly formed portfolio company, Heligear Acquisition Holdings Co. (together with its subsidiaries, the “Company”), has acquired substantially all of the operating assets of Northstar Aerospace, Inc. and its subsidiaries (together, “NSA”) through court administered insolvency proceedings in both the United States and [...]
BAE Systems and EADS in merger talks
Source: BAE Systems, 13-Sep-12
BAE Systems and EADS have a long history of collaboration, and are currently partners in a number of important projects, including the Eurofighter and MBDA joint ventures. The two companies confirm that they are now in discussions about a possible combination of the businesses. The potential combination would create a world leading international aerospace, defence [...]
Dutch operator Helicon declared bankrupt
Source: Rotorspot.nl, 06-Sep-12
Helicopter Company Helicon has been declared bankrupt by the court in Breda. The cause of the bankruptcy is the departure of Gasunie as a major customer. Seventy percent of the Helicon operations were pipeline inspections for the Gasunie. Earlier this year local utility Gasunie chose German operator SP Luftbild to survey their pipelines, a contract previously [...]
Russian Helicopters credit now being rated by Fitch and Moody’s
Source: Russian Helicopters, 05-Sep-12
Russian helicopter holding “Russian Helicopters”, part of “Russian Technologies” – one of the world’s leading developers and manufacturers of helicopters, announced for the first time the credit rating from two rating agencies: Fitch and Moody’s. Fitch Ratings has assigned a long-term credit rating of BB +, Moody’s Investors Service has estimated it at the level [...]
Bristow invests in Cougar – buys minority shareholding and eight S92s
Source: Bristow Group, 04-Sep-12
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the worldwide offshore energy industry, and Cougar Helicopters Inc., the largest offshore energy and search and rescue (SAR) helicopter service provider in Canada (“Cougar”), today jointly announced that Bristow has entered into a definitive agreement with Cougar’s parent VIH Aviation Group Ltd. (“VIHAG”) and various VIHAG affiliates to acquire [...]
CHC announces FY2013 Q1 earnings release and concall
Source: CHC, 29-Aug-12
CHC Helicopter expects to release financial results for its fiscal 2013 first quarter, which ended July 31, after the market closes on Wednesday, Sept. 5. CHC senior leaders will discuss the company’s strategy and operating performance during a conference call on Thursday, Sept. 6, at 5 p.m. EDT. The earnings call can be accessed via [...]
Bristow reports FY2013 Q1 results to 30 June
Source: Bristow Group, 23-Aug-12
Bristow Group Inc. (NYSE:BRS) today reported net income for the June 2012 quarter of $23.7 million, or $0.65 per diluted share, compared to net income of $21.0 million, or $0.57 per diluted share, in the same period a year ago. Adjusted net income, which excludes asset dispositions and a special item, was $29.6 million, or $0.81 per diluted share, for the June 2012 quarter, an increase of $9.7 million, or $0.27per [...]
Bristow Group Announces Quarterly Dividend
Source: Bristow Group, 22-Aug-12
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 August 31, 2012 (the “Record Date”). The dividend will be payable on September 14, 2012 to stockholders of [...]
Canadian Helicopters reports 2012 Q2 results
Source: Canadian Helicopters, 16-Aug-12
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, 2012 . SECOND QUARTER RESULTS The Company generated revenue of $62.9 million , stable in comparison with revenue of $63.3 million in [...]
Canadian Helicopters Group declares monthly dividends
Source: Canadian Helicopters, 16-Aug-12
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, 2012 , December 14, 2012 and January 15, 2013 to holders of record at the close of business October 31, [...]
PHi announces results for Q2 ended 30 June 2012
Source: PHi, 14-Aug-12
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended June 30, 2012. Oil and Gas segment revenues were $104.4 million for the three months ended June 30, 2012, compared to $90.2 million for the three months ended June 30, 2011, an increase of $14.2 million. Flight [...]
Erickson Air-Crane announces 2012 Q2 results
Source: Erickson Air-Crane, 13-Aug-12
Erickson Air-Crane Incorporated (“Erickson Air-Crane” or the “Company”), a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced its financial results for the second quarter and six months ended June 30, 2012. Second Quarter 2012 Highlights and Recent Events Revenue of $37.9 million exceeded guidance of $32 million [...]
Air Methods Reports 2Q2012 results and 3Q2012 update
Source: Air Methods, 03-Aug-12
Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, reported financial results for the quarter ended June 30, 2012 and provided an update on July 2012 community-based patient transports. For the quarter, revenue increased 48% from $150.2 million to $222.5 million in the current-year quarter. For the six-month period, revenue increased 47% to [...]
Erickson Air-Crane announces Q2 conference call
Source: Erickson Air-Crane, 02-Aug-12
Erickson Air-Crane Incorporated (“Erickson Air-Crane” or the “Company”), a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced it will conduct a conference call at 1:00 p.m. ET on Wednesday, August 8, 2012, to discuss its financial results for the second quarter and first half fiscal year 2012 [...]
Liquidator to be appointed to Celtic Helicopters
Source: Irish Times, 30-Jul-12
A creditors’ meeting has been called for Celtic Helicopters Ltd on 7th August. Notice of the meeting includes an agenda item to appoint a liquidator. (see full story)
Bristow Group announces FY2013 Q1 Earnings Release and Concall
Source: Bristow Group, 17-Jul-12
Bristow Group Inc, the leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year 2013 first quarter after the market closes on Monday, August 6. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live over the Internet [...]
CHC Helicopter announces date/time for FY2012 Q4 earnings release and concall
Source: CHC, 06-Jul-12
CHC Helicopter will release fourth-quarter and full-year financial results for its fiscal-year 2012, which ended April 30, after the market closes on Tuesday, July 10. CHC senior leaders will discuss the company’s strategy and operating performance during a conference call the same day, at 5 p.m. EDT. The earnings call can be accessed via telephone [...]
UK – PDG Helicopters buys out capital investor
Source: The Herald, 22-Jun-12
Inverness-based PDG Helicopters has bought out the loan stock and shares owned by Maven Capital Partners – funded by the business and a £900,000 term loan from Clydesdale Bank. (see full story)
Northstar Announces CCAA and Chapter 11 Filings
Source: Northstar Aerospace, 15-Jun-12
June 14, 2012, Northstar Aerospace, Inc. (the “Corporation”, together with its affiliates “Northstar”) announced today that, after full consideration of all its available alternatives, its U.S. subsidiaries, Northstar Aerospace (USA) Inc., Northstar Aerospace (Chicago) Inc., Derlan USA Inc. and D-Velco Manufacturing of Arizona, Inc. have filed Chapter 11 petitions in the United States Bankruptcy Court for the [...]
Denel Aerostructures turnaround to take longer than first hoped
Source: Engineering News, 08-Jun-12
Denel Aerostructures has produced rotor blades and rotor heads for the AgustaWestland A109 and A119 helicopters and manufactures drop tanks for the Rooivalk attack helicopter. (see full story)
Kaman Board of Directors Declares Dividend
Source: Kaman, 06-Jun-12
The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on July 3, 2012 to shareholders of record on June 19, 2012. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace [...]
Bristow Group announces results for Q4 and full year to 31st March 2012
Source: Bristow Group, 24-May-12
Bristow Group Inc. (NYSE: BRS) today reported net income for the March 2012 quarter of $14.2 million, or $0.39 per diluted share, compared to net income of $30.9 million, or $0.84 per diluted share, in the same period a year ago. Adjusted net income, which excludes special items and asset disposition effects, was $44.6 million, or $1.22 per diluted share, for the March 2012 quarter, an increase of $12.8 million, [...]
Bristow Group announces 33% dividend increase
Source: Bristow Group, 24-May-12
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 33 percent increase in the company’s dividend, resulting in a quarterly dividend of $0.20per share, up from $0.15 per share previously. The dividend will be payable on June 15, 2012 to stockholders of record at [...]
PHi reports Q1 numbers
Source: PHi, 14-May-12
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended March 31, 2012. Oil and Gas operating revenues increased $15.5 million for the quarter ended March 31, 2012, related primarily to increased medium and heavy aircraft flight hours and revenues resulting mainly from the continuing improvement in [...]
Erickson Air-Crane reports Q1 results
Source: Erickson Air-Crane, 14-May-12
Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson Air-Crane” or the “Company”), a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced its financial results for the first quarter ended March 31, 2012. The Company completed its initial public offering (“IPO”) in April, 2012. First Quarter 2012 Highlights and Recent [...]
Canadian Helicopters reports Q1 results
Source: Canadian Helicopters, 11-May-12
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 first quarter ended March 31, 2012. These results include those of Helicopters (N.Z.) Limited, (“HNZ”) acquired on July 7, 2011. Financial Highlights Quarters ended March 31, (in thousands of dollars, [...]
Canadian Helicopters declares monthly dividends
Source: Canadian Helicopters, 11-May-12
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, 2012, September 14, 2012 and October 15, 2012to holders of record at the close of business July 31, 2012, August 31, 2012 and September 28, 2012, respectively. The [...]
Canadian Helicopters puts date to Q1 results
Source: Canadian Helicopters, 07-May-12
Canadian Helicopters Group Inc. (“Canadian Helicopters”) (TSX: CHL.A, CHL.B) will release its first quarter results ending March 31, 2012, on Thursday May 10, 2012, after market close. The Canadian Helicopters Group Inc. conference call will take place Friday May 11, 2012 at 2:00 p.m. (ET) to review the financial results. To participate in this conference [...]
Great Slave Helicopters completes acquisition of Northern Air Support
Source: Discovery Air, 07-May-12
Dave Jennings, President and CEO of Discovery Air stated, “We are very fortunate to have secured a company like Northern Air Support. Their professional approach to operations and their focus on safety is well aligned with the culture at Great Slave Helicopters. We welcome Mark McGowan, Chief Operating Officer of Northern Air Support, to the [...]
Kaman reports Q1 numbers to 31 March 2012
Source: Kaman, 02-May-12
Neal Keating, President and Chief Executive Officer stated, “While below last year, our first quarter results were in line with our expectations and provide us confidence to reaffirm our outlook for the full year. This performance was led by another solid quarter for our Industrial Distribution business, which achieved record quarterly sales and operating profit. [...]
Erickson Air-Crane announces Q1 conference call
Source: Erickson Air-Crane, 02-May-12
Erickson Air-Crane Incorporated (NASDAQ:EAC) (“Erickson Air-Crane” or the “Company”), a leading operator and manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, today announced it will conduct a conference call at 1:00 p.m. ET on Thursday, May 10, 2012, to discuss its financial results for the first quarter ended March 31, 2012. Hosting the [...]
S&P revises PHi outlook to stable from negative
Source: Standard & Poor, 30-Apr-12
Overview — U.S. aviation service provider PHI Inc.’s operating performance has improved materially over the last several quarters due to increased Gulf of Mexico activity and increased profitability in the company’s Air Medical segment. — We are revising the outlook on the company to stable from negative. We are affirming the ‘B+’ corporate credit rating. [...]
Cobham CFO to stand down
Source: Cobham, 30-Apr-12
Warren Tucker, who has served as Chief Financial Officer (‘CFO’) of Cobham plc (‘Cobham’) since May 2003, had previously discussed with the Cobham Board long term planning with regard to tenure on the Board. Following Andy Stevens’ retirement for medical reasons and at the Board’s request a final decision was delayed to allow for the [...]
Air Methods names date for Q1 results
Source: Air Methods, 30-Apr-12
Air Methods Corporation will report financial results for the first quarter ended March 31, 2012 after the close of the market on Thursday, May 3, 2012. The Company has scheduled a conference call for Thursday, May 3, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing 877-883-0656 [...]
Bristow announces FY2012 Q4 and year-end release and concall schedule
Source: Bristow Group, 27-Apr-12
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 fourth quarter and year-ended March 31, 2012, after the market closes on Wednesday, May 23. In conjunction with the release, Bristow has scheduled a conference call, which will [...]
Textron profit soars on Bell sales rebound
Source: Textron, 18-Apr-12
Textron Inc.’s first-quarter profit soared on strength from the aircraft maker’s Bell helicopter segment and improved sales of Cessna aircraft. Results easily topped expectations. “The demand environment for our commercial aircraft and industrial products continued to improve, which reinforces our confidence in our outlook for the year,” said Chief Executive Scott C. Donnelly. The maker [...]
UK – Patriot Aerospace buys Veritair Aviation
Source: Patriot Aerospace, 18-Apr-12
Patriot Aerospace has announced the acquisition of Cardiff-based commercial helicopter charter specialist Veritair Aviation. The deal, which underlines Patriot’s determination to form a credible UK alternative to the foreign owned companies currently dominating the commercial helicopter sector, sees Sir Peter Rigby’s aviation group acquire a significant majority share in the Cardiff Heliport operator. Enabling Patriot’s expansion to incorporate police [...]
Kaman announces date for 2012 Q1 numbers
Source: Kaman, 13-Apr-12
Kaman Corp. (NYSE: KAMN) announced today that it will report its first quarter 2012 results after the stock market closes on Monday, April 30, 2012 and host a live webcast and conference call at 8:30am ET on Tuesday May 1st, 2012. The call will last approximately one hour. The call will be accessible by telephone [...]
L-3 agrees to acquire Thales Training & Simulation
Source: L-3 Communications, 12-Apr-12
L-3 Communications (NYSE: LLL) announced today that it has entered into an agreement to acquire the assets of Thales Training & Simulation Ltd’s civil aircraft simulation and training business. The purchase price is £83 million (approximately $132 million) and will be funded with cash on hand. Headquartered in Crawley, United Kingdom, the business employs approximately 400 people. It [...]
Erickson Air-Crane prices IPO
Source: Erickson Air-Crane, 12-Apr-12
Erickson Air-Crane Incorporated (“Erickson”)(Nasdaq:EAC) announced today the pricing of its initial public offering of 4,800,000 shares of common stock at a price to the public of $8.00 per share. The common stock is expected to begin trading on the NASDAQ Global Market today under the ticker symbol “EAC.” Erickson expects to receive net proceeds, after deducting [...]
Russian Helicopters report financial results for 2011
Source: Russian Helicopters, 11-Apr-12
JSC “Russian Helicopters” (hereinafter – Company), one of the world’s leading developers and manufacturers of helicopters, including some of the most iconic, innovative and well-operated models, announces its consolidated operating and audited financial results for 2011 the year under IFRS. Deliveries of helicopters has increased by 22.4% to $ 262 helicopter; The solid order backlog [...]
Canadian Helicopters reports record 2011 year-end results
Source: Canadian Helicopters, 28-Mar-12
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 fourth quarter and fiscal year ended December 30, 2011. These results reflect the acquisition of Helicopters (N.Z.) Limited, (“HNZ”) on July 7, 2011. The results also reflect Canadian Helicopters’ [...]
Canadian Helicopters declares monthly dividends
Source: Canadian Helicopters, 28-Mar-12
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 May 15, 2012, June 15, 2012 and July 13, 2012 to holders of record at the close of business April 30, 2012, May 31, 2012 and June 29, 2012, respectively. The [...]
Canadian Helicopters to release Q4 results on 27th March after market close
Source: Canadian Helicopters, 20-Mar-12
Canadian Helicopters Group Inc. (“Canadian Helicopters”) (TSX: CHL.A, CHL.B) will release its fourth quarter results ending December 31, 2011, on Tuesday, March 27, 2012, after market close. The Canadian Helicopters Group Inc. conference call will take place Wednesday March 28, 2012 at 11:00 a.m. (ET) to review the financial results. To participate in this conference [...]
PHi announces results for year to 31 December 2011
Source: PHi, 14-Mar-12
PHI, Inc. (“PHI”) (the nasdaq global market:PHII (voting) PHIIK (non-voting)) today reported financial results for the year ended December 31, 2011. Oil and Gas operating revenues increased $10.0 million, related primarily to increased heavy aircraft flight hours and revenues. This increase was offset in part by a decrease in revenues for light and medium aircraft. [...]
