CHC

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CHC Group Emerges from Court-Supervised Restructuring

CHC Group Emerges from Court-Supervised Restructuring

18-Apr-2017Source: CHC Group

CHC Group (the “Company” or “CHC”) today announced that it has successfully concluded its financial restructuring and emerged from Chapter 11 as its court-confirmed Plan of Reorganization (the “Plan”) went into effect on March 24, 2017. With the support of its creditors and stakeholders, CHC completed its court-supervised financial restructuring process and emerged as a... Read more

CHC Announces New Contract with Faroe Petroleum

CHC Announces New Contract with Faroe Petroleum

10-Apr-2017Source: CHC

CHC Group (the “Company” or “CHC”) today announced it has been awarded a new contract with Faroe Petroleum to provide helicopter services in support of their exploration drilling program at the Brasse Field in the North Sea. “We are excited to work with Faroe Petroleum as their aviation partner in this project,” said Arne Roland,... Read more

Grant Opportunity for Aviation Students to Attend CHC Safety & Quality Summit

Grant Opportunity for Aviation Students to Attend CHC Safety & Quality Summit

10-Apr-2017Source: CHC

For the seventh year in a row, the CHC Safety & Quality Summit, in collaboration with Dr. Scott Shappell and Dr. Doug Wiegmann, developers of the Human Factors Analysis and Classification System (HFACS), is providing aviation students from around the world with the opportunity to apply to attend the CHC Safety & Quality Summit at... Read more

Grant Opportunity for Aviation Students to Attend CHC Safety & Quality Summit

Grant Opportunity for Aviation Students to Attend CHC Safety & Quality Summit

15-Mar-2017Source: CHC Group

For the seventh year in a row, the CHC Safety & Quality Summit, in collaboration with Dr. Scott Shappell and Dr. Doug Wiegmann, developers of the Human Factors Analysis and Classification System (HFACS), is providing aviation students from around the world with the opportunity to apply to attend the CHC Safety & Quality Summit at... Read more

Waypoint Leasing Places AW139 on Lease to PT. Air Born Indonesia

Waypoint Leasing Places AW139 on Lease to PT. Air Born Indonesia

10-Mar-2017Source: Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a lease agreement with PT. Air Born Indonesia (“Air Born”), a provider of air transportation services in Indonesia, for one Leonardo AW139 helicopter previously operated by CHC, which will go on long-term lease in support of mining... Read more

CHC Helicopter Celebrates 70 Years of Service

CHC Helicopter Celebrates 70 Years of Service

2-Feb-2017Source: CHC Group

CHC Group (OTC PINK: HELIQ) (the “Company” or “CHC”) today announced the beginning of a year-long celebration of the operator’s 70-year history since its humble beginnings as a crop dusting operation in British Columbia in April of 1947. CHC traces its roots back to Carl Agar, A.H. “Barney” Bent and Al Stringer, the three Canadian... Read more

CHC Australia Reaches 25,000 Hour Milestone on AW139

CHC Australia Reaches 25,000 Hour Milestone on AW139

23-Jan-2017Source: CHC

CHC Group (OTC Pink Sheets: HELIQ) announced it had recently reached the 25,000 flight hour milestone on its fleet of AW139s in Australia. CHC was the first commercial operator to fly AW139s in Australia and has used the aircraft to fly critical emergency medical service (EMS) missions in New South Wales as well as provide... Read more

CHC announces New Contract with Siemens Wind Power GmbH

CHC announces New Contract with Siemens Wind Power GmbH

19-Jan-2017Source: CHC

CHC Group (OTC PINK: HELIQ) (the “Company” or “CHC”) today announced a new contract with Siemens Wind Power GmbH to provide helicopter services in support of the construction of the Veja Mate offshore wind farm currently under construction in the German North Sea. “We are excited to work with Siemens to support this landmark project,”... Read more

CHC Helicopter Closes Norwegian Base

CHC Helicopter Closes Norwegian Base

17-Jan-2017Source: HeliHub.com

CHC has had to close down their base in Bergen, Norway after losing the contract with Statoil to Bristow. The resulting closure will leave 100 workers unemployed, reports Offshore Energy Today. Statoil has stated that after April last year, when a CHC-operated Super Puma crashed and killed all on board, they would never use Super... Read more

CHC Safety and Quality Summit 2017 calls for papers

CHC Safety and Quality Summit 2017 calls for papers

16-Jan-2017Source: CHC

The formal call for papers is officially out for the 2017 CHC Safety & Quality Summit, focusing on the theme “Can we truly manage all of the risk: what if the barriers are not as robust as we think?” In its 12 year history, the Summit has grown to become an industry-leading aviation safety event.... Read more

CHC: Rising from the ashes of Chapter 11

CHC: Rising from the ashes of Chapter 11

21-Dec-2016Source: Allan Blake

CHC Group Ltd and 42 affiliated companies petitioned to enter the US Chapter 11 process on 5th May 2016, with outstanding debt obligations of approximately $1.6 billion. The Chapter 11 process has many of the features present in bankruptcy proceedings both in the US and other jurisdictions. However, it also provides additional benefits for debtors... Read more

CHC Norway announces contract with Wintershall

CHC Norway announces contract with Wintershall

19-Dec-2016Source: CHC

CHC Group (OTC Pink Sheets: HELIQ) (the “Company” or “CHC”) today announced it has signed a new contract with Wintershall Norge AS (“Wintershall”), to provide helicopter services in support of their drilling program at the Maria Field in the Norwegian Sea on the Halten Terrace in blocks 6407/1 and 6406/3. “We are excited to work... Read more

CHC to Provide 3 Additional Aircraft to Shell

CHC to Provide 3 Additional Aircraft to Shell

14-Dec-2016Source: CHC

CHC Group (OTC Pink Sheets: HELIQ) (the “Company” or “CHC”) today announced that three new Sikorsky S-92 aircraft will begin serving Shell for the company’s Prelude floating liquefied natural gas (“FLNG”) project from its base in Broome, Australia. These new aircraft will join a fourth S-92 already in use as part of a two-year extension... Read more

CHC to Host 2017 Safety and Quality Summit in Texas

CHC to Host 2017 Safety and Quality Summit in Texas

28-Oct-2016Source: CHC

The 13th annual CHC Safety & Quality Summit will take place in Dallas-Fort Worth, Texas from Sept. 27-29, 2017. Each year, CHC’s Safety & Quality Summit attracts representatives from across the aviation and oil & gas industries to share knowledge and best practices aimed at developing and maintaining a robust safety environment. Since its inception... Read more

Parilease asks Avinco to manage 21 ex CHC EC225s

Parilease asks Avinco to manage 21 ex CHC EC225s

20-Oct-2016Source: HeliHub.com

Helicopter marketing company Avinco has been asked to recover, manage and remarket a fleet of EC225s previously operated by CHC following the operator’s filing for Chapter 11.  Avinco report that they have already completed a “lengthy and complex” initial phase consisting of centralising 21 machines spread about the world to one European location.  HeliHub.com research... Read more

Avinco to remarket 21 ex-CHC H225 fleet

Avinco to remarket 21 ex-CHC H225 fleet

19-Oct-2016Source: Avinco

Avinco was recently awarded the largest contract of its kind, in charge of recovering, managing and remarketing a fleet of H 225 superpumas previously operated by CHC following the operator’s filing for Chapter 11. Further to the lengthy and complex initial phase consisting of centralising 21 machines spread about the world to one European location,... Read more

Waypoint tries to scupper CHC marriage to Milestone

Waypoint tries to scupper CHC marriage to Milestone

17-Oct-2016Source: Allan Blake

In Helitech 2016: Shaking Up the Offshore Helicopter Business I commented that: “some lessors are definitely not welcoming the recently announced Milestone (part of GE) relationship with CHC…have no doubt that the position is pretty dire for those lessors focused on heavy aircraft in the offshore oil and gas market and those with CHC exposure... Read more

Milestone gets in bed with CHC

Milestone gets in bed with CHC

12-Oct-2016Source: CHC

CHC Group (the “Company” or “CHC”) (OTC Pink Sheets: HELIQ) today announced that it has entered into a plan support agreement (the “PSA”) with respect to the terms of a chapter 11 plan of reorganization (the “Plan”). The PSA contemplates a comprehensive recapitalization of the Company that will provide $300 million in new capital from... Read more

CHC awarded Australian aeromedical evacuation contract

CHC awarded Australian aeromedical evacuation contract

3-Oct-2016Source: CHC

CHC Helicopter is proud to announce that it has signed a 21-month contract with Australian Army to provide aeromedical evacuation (AME) and crash response support for deployments throughout Australia. The contract will commence on 1 October 2016 and run through to 30 June 2018. CHC currently provides search and rescue services to the Royal Australian... Read more

Helitech 2016: Strategic Challenges for the Offshore Helicopter Industry

Helitech 2016: Strategic Challenges for the Offshore Helicopter Industry

3-Oct-2016Source: Allan Blake

Helitech 2016 in Amsterdam, October 11-13, is taking place at a critical moment for the offshore helicopter industry: •    The industry has been shocked by a series of accidents including the second and continuing grounding within three years of about 180 large offshore helicopters (H225 and AS332L2) following the tragic H225 accident in Norway; •  ... Read more

CHC signs 21 Month Contract with Australian Army

CHC signs 21 Month Contract with Australian Army

29-Sep-2016Source: HeliHub.com

CHC Helicopter has signed a contract with the Australian Army to provide them with aeromedical evacuations, crash response support and search and rescue for 21 months. The CHC will use their fleet of Sikorsky S-76s and Bell 412s, reports Australian Aviation. CHC Regional Director Asia Pacific Nick Mair reports that they have been working with... Read more

Statoil report warns cost cutting should not risk safety

Statoil report warns cost cutting should not risk safety

26-Sep-2016Source: Energy Voice

An internal investigation by oil company Statoil into the cause of the CHC EC225 crash on 29th April 2016, which killed 13 people, has warned safety must not be compromised as operators focus on cost savings.   The company has published a report into the incident, the worst helicopter disaster on the Norwegian Continental Shelf since... Read more

CHC Helicopter selects AirVault software

CHC Helicopter selects AirVault software

15-Sep-2016Source: AirVault

CHC Helicopter (“CHC”) announced today that it has licensed the AirVault Maintenance Records Management Solution, a new, web-based aircraft maintenance record management system for their entire fleet maintenance operations. AirVault is a proven mission-critical cloud-based electronic document management system designed to manage the digital content and bi-directional processes of aircraft maintenance records for the world’s... Read more

The distressed H225 fleet – A review

The distressed H225 fleet – A review

19-Aug-2016Source: Allan Blake

In an article published on 6th July 2016, “Future of H225 compounded by HUMS investigation remark”, I concluded that “The CHC Chapter 11 process has a long way to run yet.  The outcome for the offshore helicopter market will be significant as strategies for his large fleet emerge from the affected lessors; all of them... Read more

Waypoint places two ex-CHC AW139s in Africa and Asia

Waypoint places two ex-CHC AW139s in Africa and Asia

3-Aug-2016Source: Waypoint

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it will place two AW139 helicopters with new customers in Africa and Asia, respectively. The aircraft are currently being returned from CHC and will be re-deployed with the new customers in support of oil and gas operations. Waypoint also announced... Read more

CHC offers storage space for offshore helicopters

CHC offers storage space for offshore helicopters

22-Jul-2016Source: Heli-One

Heli-One, a subsidiary of operator CHC, has expanded its Poland facility by 6,000+ m² to accommodate helicopter storage for up to 40 “heavy” aircraft. The facility provides for a controlled and monitored environment tailored for aircraft storage, allowing helicopter owners and operators to be assured that their aircraft assets will be maintained to proper storage... Read more

Future of EC225 compounded by HUMS investigation remark

Future of EC225 compounded by HUMS investigation remark

6-Jul-2016Source: Allan Blake

The Chapter 11 insolvency process is a daunting one for companies entering into the procedure, but it can also be a stark reminder to suppliers that the contracts they entered into with debtors can not only be worthless but also leave them with significant additional burdens to consider.  For the CHC Helicopter Group of companies,... Read more

Norwegian EC225 investigation points to gearbox planet gears – again

Norwegian EC225 investigation points to gearbox planet gears – again

29-Jun-2016Source: HeliHub.com

The Accident Investigation Board of Norway (AIBN) has released another update in their investigation of the Airbus EC225 accident which happened on 29th April as the CHC aircraft was returning from the Gullfaks platform to Bergen Airport. Of particular note, they state “At this stage of the investigation, the AIBN finds that the accident most... Read more

CHC confirms redundancies

CHC confirms redundancies

9-Jun-2016Source: HeliHub.com

As CHC shrinks its global fleet by 90 over 60 days, it is inevitable that headcount will also be reduced.  The Aberdeen office of CHC have provided HeliHub.com with the following statement today:- “We have commenced formal consultation discussions with employees, who may be affected by redundancy, and their trade unions at our Aberdeen base.... Read more

CHC puts future EC225 operations in customer hands

CHC puts future EC225 operations in customer hands

9-Jun-2016Source: HeliHub.com

As everyone across the industry, and certainly the offshore helicopter industry, knows, CHC suffered a fatal accident with an Airbus EC225 off Bergen in Norway on 29th April.  As a result both the UK and Norwegian authorities grounded the EC225/H225 and AS332L2, and subsequently NHV/Dancopter voluntarily followed suit with their three Danish-based EC225s.  EASA later... Read more

Four CHC engineers become first to be approved in East Timor

Four CHC engineers become first to be approved in East Timor

8-Jun-2016Source: CHC

Four aircraft engineers working for CHC Helicopter in Dili have become the first Timorese to earn their Diploma of Aeroskills and meet stringent Civil Aviation Safety Authority (CASA) license accreditation requirements. The four engineers work at CHC’s operations in Dili, Timor-Leste which provide passenger transfer services to oil and gas operations in the Timor Sea... Read more

CHC transfers two S92s from Canada to North Sea

CHC transfers two S92s from Canada to North Sea

7-Jun-2016Source: HeliHub.com

Embattled offshore operator CHC, in the midst of reducing their fleet by 90 helicopters over 60 days, is taking steps to ensure current contract commitments can be met following the grounding of EC225 and AS332L2 helicopters.  In common with other operators on the North Sea, CHC have brought in two Sikorsky S92s from Canada to... Read more

Statoil launches internal investigation into CHC EC225 accident

Statoil launches internal investigation into CHC EC225 accident

19-May-2016Source: Statoil

The mandate for Statoil’s in-house investigation of the helicopter accident on 29 April is ready. The purpose of the investigation is to identify measures to improve Statoil’s work on helicopter safety on the Norwegian continental shelf. The Accident Investigation Board Norway is responsible for identifying the chain of events and the cause of the accident.... Read more

CHC to cut fleet by 90 by mid July

CHC to cut fleet by 90 by mid July

11-May-2016Source: HeliHub.com

An official court-filed statement provides a lot more information about the situation at CHC.  It was filed by Michael B Cox, Global Head of Seabury’s Corporate Advisory Services.  Seabury was retained by CHC Group and each of the other debtors (collectively, the “Debtors”) in early 2016 to provide strategic business advice with respect to restructuring... Read more

CHC appoints corporate reorganization specialist

CHC appoints corporate reorganization specialist

10-May-2016Source: CHC

CHC Group (OTC Pink Sheets: HELIQ; the “Company” or “CHC”) today announced the appointment of William L. Transier to its Board of Directors, effective immediately. An independent, Class II director, Mr. Transier’s term is until the Company’s 2018 annual general meeting of shareholders. He was also elected to serve on the Board’s Audit Committee and... Read more

Court approves CHC First Day Motions to Support Business Operations

Court approves CHC First Day Motions to Support Business Operations

10-May-2016Source: CHC

CHC Group (OTC Pink Sheets: HELIQ; the “Company” or “CHC”) today announced the Company has received approval from the United States Bankruptcy Court for the Northern District of Texas for its First Day motions related to its voluntary Chapter 11 reorganization. Collectively, the First Day orders issued by the Court will help CHC continue to... Read more

CHC files bankruptcy Chapter 11 for restructuring

CHC files bankruptcy Chapter 11 for restructuring

5-May-2016Source: CHC

CHC Group  today announced that the Company and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas to facilitate the restructuring of its balance sheet and fleet, and position the Company for... Read more

AS332 Super Puma is NOT implicated by Bergen EC225 accident

AS332 Super Puma is NOT implicated by Bergen EC225 accident

4-May-2016Source: HeliHub.com

Given the volume of emails and phone calls that HeliHub.com has received in recent days, mainly from outside the helicopter industry, we are taking this opportunity to put one key point down in writing. They key area of investigation is the main rotor gearbox and the suspension bars which sit at an angle to hold... Read more

Shell puts pause on using CHC Norway

Shell puts pause on using CHC Norway

4-May-2016Source: Shell

Shell has issued the following statement, in which they confirm they are suspending using CHC Norway as an operator.  The oil company’s decision does not extend to CHC in any other country. “Shell has with sadness followed the reports of the tragic event outside Bergen in Norway. Our thoughts and condolences go out to the... Read more

Latest statement (May 3) from Airbus Helicopters on EC225 situation

Latest statement (May 3) from Airbus Helicopters on EC225 situation

4-May-2016

3 May – Airbus Helicopters welcomes the announcement made by the Accident Investigation Board Norway (AIBN) today. The investigation will now solely be focused on potential root causes of a technical failure, such as design, production, and/or maintenance. Airbus Helicopters continues to provide its full support to the AIBN investigation. At this stage and based... Read more

29-Apr-16 LN-OJF Airbus EC225 Bergen, Norway (13F)

29-Apr-16 LN-OJF Airbus EC225 Bergen, Norway (13F)

29-Apr-2016

Main rotor blades and hub reportedly detached in flight, and a video online purports to show this subsystem spinning down to earth.  The remainder of the helicopter descended at high rate, impacting  rocky ground with 13 fatalities on impact and being consumed in the post-impact fire.  The helicopter was being operated for Statoil, and en... Read more

CHC misses interest payment – all options open

CHC misses interest payment – all options open

18-Apr-2016Source: HeliHub.com

Offshore and SAR operator CHC must be under significant pressure to not make an interest payment.  The company has announced that $46 million was due Friday on its 9.25% senior secured notes maturing October 15, 2020 (the “2020 Notes”).  The small print governing the 2020 Notes allows CHC a 30-day grace period after the interest... Read more

Oil & Gas UK responds to Sumburgh AS332L2 AAIB report

Oil & Gas UK responds to Sumburgh AS332L2 AAIB report

23-Mar-2016Source: Oil & Gas UK

Mick Borwell, Health & Safety Director, Oil & Gas UK, said: “Following publication of the Air Accidents Investigation Branch report into the Sumburgh tragedy we will take time to carefully examine its findings. Our thoughts are with the families, friends and colleagues of those not with us today. “There are many recommendations in this report... Read more

Heli-One develops custom H225 SAR mods for CHC

Heli-One develops custom H225 SAR mods for CHC

2-Mar-2016Source: Heli-One

Heli-One, a leading global provider of helicopter maintenance, repair and overhaul (MRO) services, has completed search and rescue (SAR) cabin modifications on two Airbus Helicopters H225 aircraft for CHC Helicopter (CHC). The cabin modification was designed in close collaboration with CHC’s SAR crews to optimize usage within a size-restricted space. The design is a modular... Read more

CHC Safety & Quality Summit keynote speaker named

CHC Safety & Quality Summit keynote speaker named

29-Feb-2016Source: CHC

Dr. Joe MacInnes, a medical doctor, undersea explorer, author and leadership expert, has been confirmed as the keynote speaker for the gala dinner at the 12th-annual CHC Safety & Quality Summit. The Tuesday, April 5, dinner at the Westin Bayshore hotel is expected to attract up to 600 people – most of whom will also... Read more

CHC sets date for December 2015 quarter results

CHC sets date for December 2015 quarter results

15-Feb-2016Source: CHC

Vancouver, British Columbia, Canada – CHC Group Ltd. (OTCQX: HELIF), the parent company of CHC Helicopter, plans to issue its release for the fiscal-year 2016 third quarter, which ended January 31, 2016, after market close on Thursday, March 3, 2016. The following day, Friday, March 4, 2016, the company will hold its quarterly results call... Read more

New York Stock Exchange de-lists CHC

New York Stock Exchange de-lists CHC

2-Feb-2016Source: CHC

CHC Group (NYSE: HELI; the “Company”), the parent company of CHC Helicopter, today announced that it received written notice from the NYSE Regulation, Inc. that the NYSE has delisted the Company’s ordinary shares, pursuant to Section 802.01B of the NYSE’s Listed Company Manual requiring NYSE-listed companies to maintain an average market capitalization of $15 million... Read more

Irish Coast Guard exceeds 1,000 rescues in a year for the first time

Irish Coast Guard exceeds 1,000 rescues in a year for the first time

8-Jan-2016Source: Irish Coast Guard

During last night the Coast Guard’s Rescue 115 and Rescue 118 completed two helicopter missions which bringing the total number of completed helicopter missions to 1,000 in a single year; the first time since the Coast Guard’s helicopter service commenced in 1991. Many of the services were carried out in challenging weather conditions, at night... Read more

CHC Safety & Quality Summit grant application date extended

CHC Safety & Quality Summit grant application date extended

15-Dec-2015

Aviation students can now apply for an expenses-paid opportunity to attend the 12th-annual CHC Safety & Quality Summit, through grants which honour a longtime advocate of excellence in aviation safety training. The Dr. Peter Gardiner Student Grant, worth more than C$4,000, covers admission to the summit, a registration to the pre-summit HFACS course, as well... Read more

10-Dec-15 G-OAGC Airbus EC225 Aberdeen, UK

10-Dec-15 G-OAGC Airbus EC225 Aberdeen, UK

10-Dec-2015

CHC EC225 made emergency landing following warning light in cockpit.  Helicopter was reported as 60 miles out east from Aberdeen to a rig when it turned round and returned to Aberdeen... Read more

CHC announces reverse share split to keep NY Stock Exchange happy

CHC announces reverse share split to keep NY Stock Exchange happy

7-Dec-2015Source: CHC

Vancouver, British Columbia, Canada – CHC Group (NYSE: HELI; the “Company”), the parent company of CHC Helicopter, today announced that on December 1, 2015, the Company’s Routine Transactions Committee of the board of directors (the “Board”) authorized, pursuant to authority delegated to it by the Board, a 1-for-30 reverse share split of the Company’s ordinary... Read more

Register by year end for 2016 CHC Safety and Quality Summit discount

Register by year end for 2016 CHC Safety and Quality Summit discount

7-Dec-2015Source: CHC

CHC Helicopter is offering discounts for early registration to the 12th annual CHC Safety and Quality Summit, one of the world’s premier aviation-safety conferences. Early bird registration for the 2016 CHC Safety and Quality Summit is open now until Dec. 31. During that period, enrolling in the April 04-06 conference costs C$1085 plus tax –... Read more

CHC and Total collaborate to repel birds from offshore rigs

CHC and Total collaborate to repel birds from offshore rigs

26-Nov-2015Source: Bird Control Group

Offshore installations provide birds with a perfect landing spot. However, their presence is a globally recognized problem because, if left undisturbed, guano build up can reduce the safety of helidecks. To address this, Bird Control Group, CHC Helicopter and Total E&P Nederland (a subsidiary of the French energy company Total) collaborated to develop and install... Read more

CHC sets dates for FY2016 Q2 results

CHC sets dates for FY2016 Q2 results

16-Nov-2015Source: CHC

CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, plans to issue its release for the fiscal-year 2016 second quarter, which ended October 31, 2015 after market close on Tuesday, December 8, 2015. The following day, Wednesday, December 9, 2015, the company will hold its quarterly results call at 8 a.m. (Eastern Time). Presentation... Read more

Global Offshore Helicopters Outlook to 2020

Global Offshore Helicopters Outlook to 2020

12-Nov-2015Source: Research and Markets

(http://www.researchandmarkets.com/research/c6rwkv/global_offshore) has announced the addition of the “Global Offshore Helicopters Outlook to 2020 – Market Analysis by Geography, Helicopter Class (Medium, Heavy, Light), Competitive Landscape, Key Company Information – Growth Trends and Forecasts” report to their offering. It is estimated that by 2050, world population will reach nine billion with most of the growth occurring... Read more

Grants available for students to Attend 2016 CHC Safety & Quality Summit

Grants available for students to Attend 2016 CHC Safety & Quality Summit

26-Oct-2015Source: CHC

Aviation students can now apply for an opportunity to attend the 12th-annual CHC Safety & Quality Summit, through grants which honour Dr. Peter Gardiner, a long-time advocate of excellence in aviation safety training. The Dr. Peter Gardiner Student Grant, worth more than C$4,000, covers: admission to the Summit; and a choice of one of the... Read more

Papers Deadline looms for CHC Safety and Quality Summit 2016

Papers Deadline looms for CHC Safety and Quality Summit 2016

19-Oct-2015Source: CHC

The CHC Safety & Quality Summit is hosted by CHC Helicopter, the operating company of CHC Group Ltd. (NYSE:  HELI). Industry and safety professionals interested in presenting at the CHC Safety & Quality Summit may now submit abstracts for the event.  The 12th-annual summit will be held April 04-06, 2016 at the Westin Bayshore Resort... Read more

Call for Papers Issued for 2016 CHC Safety & Quality Summit

Call for Papers Issued for 2016 CHC Safety & Quality Summit

18-Sep-2015Source: CHC

The call is out for papers that will characterize the 2016 edition of the world’s largest helicopter-safety conference, the CHC Safety & Quality Summit. The CHC Safety & Quality Summit is hosted by CHC Helicopter, the operating company of CHC Group Ltd. (NYSE:HELI). Industry and safety professionals interested in presenting at the CHC Safety &... Read more

Statoil extends Norwegian CHC contract with three H225s

Statoil extends Norwegian CHC contract with three H225s

10-Sep-2015Source: CHC

Statoil has exercised options to extend its contract with CHC Helikopter Service AS, securing helicopter search-and-rescue services to its Tampen and Oseberg fields until 2019 in a deal worth over $90 million. CHC will continue to provide offshore search-and-rescue services to the fields using three new technology H225 aircraft. CHC also delivers crew change services... Read more

CHC Group Reports FY2016 Q1 Results

CHC Group Reports FY2016 Q1 Results

9-Sep-2015Source: CHC

CHC Group (NYSE:HELI) reported fiscal 2016 first quarter (ended July 31, 2015) consolidated revenue of $376 million, a decline of 18 percent year-over-year driven by unfavorable currency translation effects and challenging operating conditions in the global oil sector. On a constant currency basis, revenue decreased 9 percent. The Company reported a net loss of $47... Read more

NYSE sends another non-compliance letter to CHC

NYSE sends another non-compliance letter to CHC

7-Sep-2015Source: CHC

CHC Group (NYSE:HELI; the “Company”), the parent company of CHC Helicopter, today announced that on August 28, 2015, the Company was notified by the New York Stock Exchange (“NYSE”) that the Company is not in compliance with the NYSE’s continued listing standards as the Company failed to maintain an average global MARKET capitalization greater than... Read more

CHC targets 50 job cuts in Aberdeen

CHC targets 50 job cuts in Aberdeen

5-Aug-2015Source: BBC

About 50 jobs at Aberdeen helicopter firm CHC are at risk.See Full Story... Read more

NYSE warns CHC after share price dips below compliance level

NYSE warns CHC after share price dips below compliance level

27-Jul-2015Source: CHC

CHC Group Ltd. (NYSE: HELI; the “Company”), the parent company of CHC Helicopter, today announced that on July 23, 2015, the Company was notified by the New York Stock Exchange (“NYSE”) that the trading price of HELI is not in compliance with the NYSE’s continued listing standard that requires a minimum average closing price of... Read more

Former Dancopter pilots begin legal proceedings after job losses

Former Dancopter pilots begin legal proceedings after job losses

21-Jul-2015Source: Eastern Daily Press

Nearly 30 people have been left without a job and without redundancy pay after their former employer DanCopter UK’s deal with Shell to transport workers to and from North Sea oil platforms was taken over by CHC Helicopter. See full story... Read more

CHC reports Q4 and FY2015 Results

CHC reports Q4 and FY2015 Results

30-Jun-2015Source: CHC

CHC Group (NYSE:HELI), the parent company of CHC Helicopter, reported revenue of $374 million and a net loss of $119 million for its fiscal 2015 fourth quarter, which ended April 30, 2015. Full-year consolidated revenue was $1.7 billion, a decline of 3 percent year-over-year, driven by the impact of currency translation as the U.S. dollar... Read more

30-Jun-15 St John’s, Canada

30-Jun-15 St John’s, Canada

30-Jun-2015

 helicopter en route to the West Hercules drilling rig returned to base due to a low oil pressure indication in one of its two engines. The incident occurred on Tuesday, June 30 when the helicopter was 20 km outside St. John’s. The helicopter returned to St. John’s without incident and the seven passengers on board... Read more

30-Jun-15 Sikorsky S92 St John’s, Canada

30-Jun-15 Sikorsky S92 St John’s, Canada

29-Jun-2015

Turned back to base due to low oil pressure warning.   The culprit of the oil leak, according to Statoil, was likely a wrong-sized O-ring installed during maintenance.... Read more

Cohen Milstein Sellers & Toll announces investigation of CHC

Cohen Milstein Sellers & Toll announces investigation of CHC

19-Jun-2015Source: Cohen Milstein Sellers & Toll

Cohen Milstein Sellers & Toll PLLC is conducting an investigation to determine whether CHC Group Ltd. (“CHC” or the “Company”), certain of its senior executives and directors who signed the Registration Statement (as defined below) in connection with the Company’s January 16, 2014 initial public offering (the “Offering”), and each of the underwriters for the... Read more

North Sea helicopter crash survivors seek £5m payout

North Sea helicopter crash survivors seek £5m payout

16-Jun-2015Source: The Scotsman

SURVIVORS of a North Sea helicopter crash in which four people were killed are seeking compensation of over £5 million. See Full Story... Read more

Airinmar Signs 3-Year Repair Management Agreement with CHC

Airinmar Signs 3-Year Repair Management Agreement with CHC

12-Jun-2015Source: AAR

Airinmar, a leading provider of innovative aviation repair management solutions, has signed a three-year agreement with CHC Helicopters to manage component repairs for its fleet of over 200 helicopters. Airinmar has supported airlines, MROs, OEMs and military operations for over 25 years through integration of its proprietary systems, engineering expertise and supply management solutions.  By... Read more

Dancopter North Sea contract ends 16 July

Dancopter North Sea contract ends 16 July

4-Jun-2015Source: EDP

The 20 pilots, five engineers and four operational staff work for DanCopter UK whose contract with Shell to fly personnel to and from North Sea platforms comes to an end on July 16. See Full Story... Read more

CHC S-92 completes First EGNOS LPV Rotorcraft Approach in Norway

CHC S-92 completes First EGNOS LPV Rotorcraft Approach in Norway

3-Jun-2015Source: Universal Avionics

A CHC Helikopter Service Sikorsky S-92 equipped with dual Universal Avionics SBAS-Flight Management Systems (FMS) carried out the first Localizer Performance with Vertical Guidance (LPV) approach to Runway 07 in Florø, Norway. The flight, HKS 56T, under the command of John Olav Ofstad and instructor Morten Kufaas, was on a transit flight from Bergen to... Read more

Lieff Cabraser Announces Class Action Litigation Against CHC

Lieff Cabraser Announces Class Action Litigation Against CHC

1-Jun-2015Source: Lieff Cabraser

The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been brought on behalf of investors who purchased or otherwise acquired the common stock of CHC Group Ltd. (“CHC” or the “Company”) (NYSE:HELI) pursuant or traceable to the Company’s initial public offering (“IPO”) on January 16, 2014. If you... Read more

CHC Group Sets Dates for Fiscal-2015 Q4 Earnings

CHC Group Sets Dates for Fiscal-2015 Q4 Earnings

29-May-2015Source: CHC

Vancouver, British Columbia, Canada – CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2015 fourth quarter, which ended April 30, after market close on Monday, June 29. The following day, Tuesday June 30, the company will hold its quarterly earnings call at 8... Read more

28-May-15 Airbus EC225 North Sea, UK

28-May-15 Airbus EC225 North Sea, UK

28-May-2015

Emergency landing at Aberdeen with 19 POB plus 2 crew after alarm sounded – later reported as false... Read more

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