10-May-2016Source: PHi
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended March 31, 2016. Consolidated operating revenues for the three months ended March 31, 2016 were $164.0 million, compared to $204.2 million for the three months ended March 31, 2016, a decrease of $40.2 million. Oil and Gas... Read more
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
10-May-2016Source: Argus
Argus International, Inc. (Argus) is pleased to announce the acquisition of the Unmanned Safety Institute (USI) of Orlando, Florida, a privately held business that has carved out a recognized and respected position in the safety training, certification and management of unmanned aerial vehicles. The acquisition augments Argus’ global aviation safety presence in the airline, business... Read more
9-May-2016Source: Bristow
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 and fourth quarter ended March 31, 2016, after the market closes on Wednesday, May 25, 2016. In conjunction with the release, Bristow has scheduled a conference call, which... Read more
6-May-2016Source: Erickson
Erickson Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services, today announced first quarter 2016 financial results. “The first quarter was largely consistent with our expectations. Revenue for our services continues to be disappointing as we were unable to replace certain defense, and oil and gas contracts we... Read more
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
28-Apr-2016Source: HeliHub.com
Babcock International Group has announced that it has completed the acquisition of Heli Aviation, the German operator based in Augsburg, and this business will sit within Babcock’s Mission Critical Services (MCS) business. With over 7-years’ experience in complex helicopter operations in challenging environments, Heli Aviation operates more than 11 helicopters of various types suitable for... Read more
28-Apr-2016Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its first quarter 2016 after the market closes on Tuesday, May 3, 2016. In connection with the release, Era has scheduled a conference call for Wednesday, May 4, 2016, to begin... Read more
26-Apr-2016Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, announced today that it will release its earnings results for the first quarter ended March 31, 2016 on Thursday, May 5, 2016. Jeff Roberts, the Company’s President and Chief Executive Officer, and Eric Struik, the Company’s Chief Financial Officer, will host a conference call at... Read more
22-Apr-2016Source: XTI Aircraft
After capturing the imagination of the public with its TriFan 600 vertical takeoff airplane, XTI Aircraft Company (XTI) is accelerating its development program and redoubling efforts to translate excitement about the aircraft into $3 million in actual investments. The $3 million milestone is essential to fund important next steps in an accelerated development program that... Read more
19-Apr-2016Source: Waypoint
Waypoint Leasing (Ireland) Limited has closed on a $100 million term loan facility led by Lombard North Central Plc. The facility has a maturity of approximately six years and provides for USD, EUR and GBP funding capacity on a delayed draw basis. The company will use the proceeds of this transaction to refinance certain aircraft... Read more
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
24-Mar-2016Source: Air Methods
Background – Voce Capital issued press releases as follows – each highly critical of the way Air Methods was being run and to demand a place on the Board September 2015 October 2015 February 2016 – to which Air Methods issued a response to the various points Voce raised, not acceding to any of them... Read more
21-Mar-2016
Finmeccanica have reported on their financial year to 31 December 2015, and as part of the announcement will put a proposal to the shareholders to change the company name to Leonardo. From the helicopter industry point of view, this comes less than three months after AgustaWestland officially became “Finmeccanica, Helicopters Division”. The press release follows:-... Read more
17-Mar-2016Source: HeliHub.com
British helicopter operator Castle Air has recently bought Biggin Hill-based Sovereign Business Jets Ltd from AYR Group. Castle Air Managing Director Ross Bunyard and Sales Manager Barry Chalmers were appointed as directors of Sovereign on 23rd February. [We note that Chalmers is usually referred to as Sales Director or Commercial Director but official company records... Read more
9-Mar-2016Source: Lockheed Martin
The following is an extract from a recent 10-K filing with the Stock Exchange Commission:- [can also be seen on Lockheed Martin website here]. It covers impacts in both civil markets – due to oil prices etc – and military markets, where the US DoD has expressed concerns regarding greater consolidation The acquired Sikorsky business... Read more
9-Mar-2016Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation” or “HNZ”), an international provider of helicopter transportation and related support services, announced today it has enhanced its presence North of 60 through the creation of Acasta HeliFlight Inc. (“Acasta”). Acasta will be based in Yellowknife, NWT and provide specialized Northern Canadian VFR helicopter transportation services across... Read more
1-Mar-2016Source: Argus
ARGUS International, Inc. (ARGUS) is pleased to announce their intent to acquire Unmanned Safety Institute (USI) of Orlando, Florida, a privately held business that has carved out a recognized and respected position in the safety training, certification and management of unmanned aerial vehicles. The acquisition couples nicely with ARGUS’ global presence in the aviation safety... Read more
25-Feb-2016Source: Honeywell
Honeywell (NYSE: HON) confirms that over the past year it has engaged in discussions with United Technologies Corporation regarding a possible business combination. The value creation from a combination is significant, including the benefits of $3.5 billion in annualized cost synergies. We do not see the regulatory process as a material obstacle to a transaction. In fact,... Read more
24-Feb-2016Source: Kaman
The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on April 7, 2016 to shareholders of record on March 15, 2016. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more
22-Feb-2016Source: Voce Capital Management
Voce Capital Management LLC (“Voce”) today sent a letter to the Board of Directors (the “Board”) of Air Methods Corporation (“Air Methods” or the “Company”) (Nasdaq:AIRM), announcing that it has nominated the following highly-qualified candidates for election at the 2016 Annual Meeting: 1) Joseph E. Whitters, Executive Partner of investment firm Frazier Healthcare Partners and,... Read more
22-Feb-2016Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) (“Air Methods” or the “Company”) today confirmed that it has received notice from Voce Capital Management, LLC of its intent to nominate two director candidates to stand for election to the Air Methods Board of Directors and has submitted a proposal for consideration at the Company’s 2016 Annual Meeting of Shareholders.... Read more
22-Feb-2016Source: Live Mint
State-run Pawan Hans Ltd is planning to set up four maintenance, repair and overhaul (MRO) firms as a part of its diversification plan, even as India’s largest helicopter operating firm is exploring an initial public offer (IPO). See Full Story... Read more
15-Feb-2016Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM) will report financial results for the fourth quarter ended December 31, 2015 after the close of the market on Thursday, February 25, 2016. The Company has scheduled a conference call for Thursday, February 25, 2016 at 4:30 p.m. Eastern to discuss these results. Interested parties can access the call by... Read more
15-Feb-2016Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, announced today that it will release its earnings results for the fiscal year ended December 31, 2015 on Thursday, March 3, 2016. Jeff Roberts, the Company’s President and Chief Executive Officer, and Eric Struik, the Company’s Chief Financial Officer, will host a conference call at... Read more
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
10-Feb-2016Source: Bristow
Bristow Group Inc. (NYSE: BRS) and Sky-Futures today announced that Bristow has invested $4.2 million in Sky-Futures, the leading provider of drone inspection data services for the oil and gas industry. This investment gives Bristow immediate entry to the fast-growing UAV services business and bolsters Bristow’s offerings to include drone inspection services. The investment, which... Read more
10-Feb-2016Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors approved a $0.07 per share quarterly dividend, which compares to $0.34 per share in the prior quarter. The dividend will be payable on March 15, 2016 to stockholders of record at the... Read more
9-Feb-2016Source: Bristow
Bristow has released its financial statement for the three months to 31 December 2015, the first directly comparable quarter since the oil price went into free-fall at the back end of 2014. Turnover in oil-related operations is down 21.2%. Here are some extracts from the full statement:- Our operating revenue for the December 2015 quarter was impacted... Read more
9-Feb-2016Source: IMT
Integrated Microwave Technologies (IMT), a leader in advanced digital microwave systems serving the broadcast, sports, entertainment and law enforcement markets, is pleased to announce it has been acquired by xG Technology, Inc. (xG), a leader in providing critical wireless communications for use in challenging operating environments. With the acquisition by xG Technology, IMT will continue... Read more
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
31-Jan-2016Source: HeliHub.com
Indian operator Pawan Hans is looking at various options for the near future in order to entice potential investors at the as-yet-untimed point when it hopes to offer shares in a Initial Public Offering (IPO). These include expanding its existing seaplane operation, and various new income streams such as heliport/helipad operation, operation of small fixed-wing... Read more
27-Jan-2016Source: EMQ
Acadian Asset Management bought a new position in Air Methods Corp (NASDAQ:AIRM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. See Full Story... Read more
22-Jan-2016Source: Textron
Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, announced today it has completed the acquisition of Able Engineering & Component Services Inc. and Able Aerospace Inc., an industry-leading repair and overhaul company. Based in Mesa, Arizona, Able provides component repairs, component exchanges and replacement parts, among other support and service offerings for commercial rotorcraft... Read more
22-Jan-2016Source: Air Methods
Air Methods Corporation (NASDAQ: AIRM), the global leader in air medical transportation, has acquired Tri-State Care Flight. In November, Air Methods announced it entered into a definitive agreement to acquire Tri-State Care Flight and its air medical transport program. “Air Methods would first like to welcome Tri-State Care Flight employees to the team,” said Aaron... Read more
22-Jan-2016Source: Bristow
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 2016 third quarter ended December 31, 2015, after the market closes on Monday, February 8, 2016. In conjunction with the release, Bristow has scheduled a conference call, which... Read more
18-Jan-2016Source: Honeywell
Honeywell (NYSE: HON) today announced that Roger Fradin, Vice Chairman of Honeywell, will be presenting at the Cowen and Company Aerospace/Defense Conference & Transport One-on-One Forum in New York City on Thursday, February 4, 2016 from 9:00 a.m. – 9:40 a.m. EST. A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where... Read more
5-Jan-2016Source: Dakota Financial News
Eagle Asset Management boosted its stake in shares of Air Methods Corp (NASDAQ:AIRM) by 272.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). See Full Story... Read more
16-Dec-2015Source: CybAero
The Board of Directors of CybAero has resolved to conduct a private placement of 2,749,000 shares to Subversive Capital LLC. The resolution is subject to approval at an extraordinary general meeting on December 30, 2015. In addition, it is proposed that the extraordinary general meeting also resolve to elect two representatives of Subversive Capital to... Read more
15-Dec-2015Source: Reuters
Both U.S. and global benchmark Brent crude have been tumbling downward since an OPEC meeting Dec. 4 at which the oil-producing countries removed their production ceiling, exacerbating global crude oversupply. See full story... Read more
14-Dec-2015Source: AAR
AAR (NYSE: AIR) today announced that it will release financial results for its second quarter of Fiscal Year 2016, ended November 30, 2015, after the market closes on Thursday, December 17, 2015. On Thursday, December 17, 2015, at 3:45 p.m. CST, AAR will hold a conference call to discuss the results. The conference call can... Read more
14-Dec-2015Source: Reuters
Italy’s Finmeccanica (SIFI.MI) has not received any offer for the British arm of its helicopter business AgustaWestland and does not plan to sell it anyway, the aerospace and defense group’s chief executive, Mauro Moretti, said on Friday. See Full Story... Read more
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
24-Nov-2015Source: TransDigm
TransDigm Group Incorporated (“TransDigm”) (NYSE: TDG) and Breeze-Eastern Corporation (“Breeze-Eastern”) (NYSE MKT: BZC) today announced a definitive merger agreement providing for Breeze-Eastern to become an indirect wholly-owned subsidiary of TransDigm. TransDigm and Breeze-Eastern both design, manufacture and supply highly engineered aircraft components. Under the terms of the agreement, a subsidiary of TransDigm will commence a... Read more
17-Nov-2015Source: HeliHub.com
Late last week, both Bristow CEO Jonathan Baliff (pictured) and his CFO Don Miller bought shares in Bristow Group Inc. Baliff bought 3,500 shares at $29.03 – making a total spend of $101,605 – taking his total share ownership to 17,916. Valuing those at the price he bought the shares on 11th November produces a... Read more
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
12-Nov-2015Source: Business Standard
The Centre on Tuesday opened up the civil aviation sector to foreign investment by allowing 100 per cent foreign direct investment (FDI) in ground handling and helicopter services.See full story.... Read more
11-Nov-2015Source: Lockheed Martin
Lockheed Martin (NYSE: LMT) has closed its acquisition of Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft. Aligned under the Lockheed Martin Mission Systems and Training (MST) business segment, Sikorsky Aircraft is now known as Sikorsky, a Lockheed Martin company. “Today we are proud to welcome the Sikorsky team to Lockheed Martin,”... Read more
6-Nov-2015Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors approved a quarterly dividend of $0.34 per share of common stock issued and outstanding at the close of business on December 1, 2015 (the “Record Date”). The dividend will be payable on... Read more
5-Nov-2015Source: Air Methods
Air Methods Corporation (NASDAQ: AIRM), the global leader in air medical transportation, today announced that it has entered into a definitive agreement to acquire Tri-State Care Flight (“Tri-State”) for $222.5 million. Tri-State generated net revenue of $81.5 million for the fiscal year ended Dec. 31, 2014. The transaction, which was unanimously approved by Air Methods’... Read more
4-Nov-2015Source: Lockheed Martin
Lockheed Martin (NYSE:LMT) has received the final regulatory approval needed to close its acquisition of Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, from United Technologies Corp. The completion of the regulatory review by the Ministry of Commerce of the People’s Republic of China marks the end of a successful and comprehensive... Read more
4-Nov-2015Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release third quarter 2015 financial results after the market closes on Wednesday, November 4, 2015. In connection with the release, Era has scheduled a conference call for Thursday, November 5, 2015, to begin at 10:00... Read more
27-Oct-2015Source: Financial Magazin
Lombardia Capital Partners Llc increased its stake in Air Methodsoration (NASDAQ:AIRM) by 304.19% based on its latest Q3 2015 regulatory filing with the SEC. See Full Story... Read more
27-Oct-2015Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, announced today that it will release its earnings results for the third quarter ended September 30, 2015 on Thursday, November 5, 2015 after the market closes. Jeff Roberts, the Company’s President and Chief Executive Officer, and Eric Struik, the Company’s Chief Financial Officer, will host... Read more
26-Oct-2015Source: Voce Capital Management
Voce Capital Management LLC (“Voce”), the beneficial owner of approximately 4.9% of Air Methods Corporation (“Air Methods” or the “Company”) (Nasdaq:AIRM), today sent a letter to the Company’s Board of Directors (the “Board”). Englewood, Colorado 80112 Attention: Corporate Secretary Lady and Gentlemen: As you are well aware, for several months Voce Capital Management LLC (“Voce”)... Read more
22-Oct-2015Source: Waypoint Leasing
Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has expanded and extended its unsecured revolving credit facility through the addition of Deutsche Bank AG and Goldman Sachs Bank USA as lenders to the existing co-leads, SunTrust Robinson Humphrey, Inc. and MUFG Union Bank, N.A. The company will use the... Read more
14-Oct-2015Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2015 results after the stock market closes on Thursday, October 29, 2015, and host a live webcast and conference call at 8:30 am ET on Friday, October 30, 2015. The call will be accessible by telephone within the U.S. at (866) 291-5954 and... Read more
12-Oct-2015Source: Bristow
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 2016 second quarter ended September 30, 2015, after the market closes on Thursday, November 5, 2015. In conjunction with the release, Bristow has scheduled a conference call, which... Read more
9-Oct-2015Source: Seeking Alpha
BRS, like other oil service-based companies has taken a significant decline with the downswing of oil prices to the current price of $44.39. See Full Story... Read more
9-Oct-2015Source: LCI
LCI, the aviation leasing arm of the Libra Group, has finalized two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to support LCI’s recent multi-year agreement to lease four new AgustaWestland AW139 helicopters to Australia’s Westpac Rescue Helicopter... Read more
6-Oct-2015Source: Air Methods
Air Methods Corporation (NASDAQ: AIRM), the global leader in air medical transportation, announced today that it has acquired San Antonio Air LIFE, owned by Baptist Health System of San Antonio/Tenet Corporation, and Bexar County Hospital District doing business as University Health System. “We value our long-term relationship with San Antonio Air LIFE,” said Aaron Todd,... Read more
1-Oct-2015Source: AAR
AAR CORP. (NYSE: AIR), a leading global aftermarket solutions company that serves commercial aviation and government customers worldwide, today announced that Michael J. Sharp has been appointed to serve as the Company’s Chief Financial Officer, effective October 5, 2015. Mr. Sharp will replace John C. Fortson who is resigning and relocating to take a CFO... Read more
25-Sep-2015Source: Rockwell Collins
Rockwell Collins, Inc. (NYSE: COL) today announced guidance for fiscal year 2016. The company expects revenue between $5.3 billion and $5.4 billion, earnings per share in the range of $5.20 to $5.40, and cash flow from operations of $700 million to $800 million. Total segment operating margins are expected to be about 21%. This financial... Read more
25-Sep-2015Source: Biz Journal
A large shareholder in Air Methods Corp. calls the company’s shares “a crummy stock” and wants the Denver-area air-ambulance company sold. See Full Story... Read more
24-Sep-2015Source: Insider Media
Helicopter manufacturing giant AgustaWestland, which can trace its history in Yeovil back 100 years, has reported a 5.7 per cent rise in revenue in its latest financial accounts, boosted by contracts with the UK and other global governments. See Full Story... Read more
18-Sep-2015Source: CybAero
Swedish unmanned helicopter company CybAero, which is listed on Nasdaq OMX First North in Stockholm, has gained a new shareholder. Subversive Capital, a US fund, has acquired the remainder of California-based AeroVironment’s CybAero holding. “We are delighted that Subversive Capital decided to become a major shareholder of CybAero and we look forward to working closely... Read more
17-Sep-2015Source: Voce Capital
Voce Capital Management LLC (“Voce”), the beneficial owner of approximately 4.9% of Air Methods Corporation (“Air Methods” or the “Company”) (Nasdaq: AIRM), today sent a letter to the Company’s Board of Directors (the “Board”). In a detailed letter, Voce outlines the following: Voce believes the Company’s public ownership structure is increasingly problematic and has led... Read more
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
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
28-Aug-2015Source: HNZ Group
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today the appointment of Matthew Wright as Vice President and Chief Financial Officer. Mr. Wright, formerly Manager of Investor Relations and Financial Analysis, has been with the Corporation since January 2014. Mr. Wright holds a Masters... Read more
27-Aug-2015Source: Rockwell Collins
Rockwell Collins today announced that Rick Schmidt has been named vice president, Mergers & Acquisitions, effective immediately. He reports to Jeff MacLauchlan, senior vice president, Corporate Development. “Rick’s strong focus on M&A, financial acumen, and project management expertise will be of considerable value to the corporation as we aggressively pursue our long-term global growth strategy,”... Read more
26-Aug-2015Source: XTI Aircraft
A group of business aviation visionaries today invited the world to help shape and own the future of flight. Starting today, aviation enthusiasts and crowdfunders nationwide are actively participating in the launch of XTI Aircraft Company’s (XTI) equity crowdfunding campaign, the first fundraising effort of its kind in aviation history — to develop the TriFan... Read more
25-Aug-2015Source: City biz list
Spring Capital Partners III, L.P. (www.springcap.com) invested $5.0 million of subordinated debt with warrants in Haverfield Aviation, Inc. Proceeds from the investment were used to fund Haverfield’s continued growth. See Full Story... Read more
18-Aug-2015Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, plans to issue its release for the fiscal-year 2016 first quarter, which ended July 31, 2015 after MARKET close on Tuesday, September 8, 2015. The following day, Wednesday, September 9, 2015, the company will hold its quarterly results call at 8 a.m. (Eastern Time). The... Read more
18-Aug-2015Source: ERA
Era Group Inc. (NYSE: ERA), a leading helicopter transport operator based in the United States, today announced that Andrew Puhala has been appointed to the position of Senior Vice President, Chief FINANCIAL Officer, effective September 14, 2015. Mr. Puhala (45) has an extensive background in senior financial leadership positions in the energy industry, most recently... Read more
