Global Vectra

Pawan Hans share sale falls apart

Pawan Hans share sale falls apart

19-Feb-2018Source: HeliHub.com

The Indian Government has had a large setback regarding the sale of their 51% stake in Pawan Hans. The sale has failed to attract enough attention, with not enough bidders coming to the table. Two bidders who remain in competition are Global Vectra Helicorp and Continental Helicopters, reports Business Standard.... Read more

Russian Helicopters Concluded the First Export of Mi-171А2

Russian Helicopters Concluded the First Export of Mi-171А2

20-Nov-2017Source: State Corporation Rostec

The Russian Helicopters holding within the framework of the international exhibition Dubai Airshow 2017 concluded the first export contract for the supply of the civil helicopter Mi-171А2. The agreement is signed with the Indian Vectra Group company. According to the document the medium, multi-purpose helicopter Mi-171А2 will be handed over to the Client in 2018.... Read more

Era Helicopters and Global Vectra partner for EMS in India

Era Helicopters and Global Vectra partner for EMS in India

15-Mar-2016Source: Era Helicopters

Global Vectra Helicorp Ltd. (BSE Code 532773; NSE Code GLOBALVECT) (“GVHL”) and Era Group Inc. (NYSE: ERA) (“Era”) announced today the signing of a Memorandum of Understanding (MoU) to jointly develop Helicopter Emergency Medical Services (HEMS) for the Indian market. HEMS represents a modern trauma care delivery system designed to facilitate rapid delivery of medical attention... Read more

Global Vectra first in world to take HCare Smart PBH contract for H130

Global Vectra first in world to take HCare Smart PBH contract for H130

12-Oct-2015Source: Airbus

Global Vectra Helicorp Ltd. (GVHL) has signed a PBH contract for its H130 light helicopter, benefiting from Airbus Helicopters’ redefined customer service offer called HCare which was introduced early this year. GVHL’s H130 will be covered by the HCare Smart PBH service, which has been developed with careful consideration of the support required by operators of light helicopters. The HCare Smart is a competitively-priced PBH... Read more

Global Vectra net profit drops 25% in quarter to March 2015

Global Vectra net profit drops 25% in quarter to March 2015

28-May-2015Source: Business Standard

Net profit of Global Vectra Helicorp declined 25.02% to Rs 8.66 crore in the quarter ended March 2015 as against Rs 11.55 crore during the previous quarter ended March 2014. Sales declined 3.63% to Rs 84.70 crore in the quarter ended March 2015 as against Rs 87.89 crore during the previous quarter ended March 2014.... Read more

Airbus Helicopters’ EC130 T2 enters the Indian market with orders from two launch customers

Airbus Helicopters’ EC130 T2 enters the Indian market with orders from two launch customers

23-Feb-2015Source: Airbus

Airbus Helicopters today signed Indian market launch orders for its single-engine EC130 T2 with Sanjay Ghodawat Group and Global Vectra Helicorp Ltd. (GVHL), which are to introduce the popular single-engine EC130’s enhanced version later this year for passenger transport services in Kolhapur and Delhi respectively. Signing ceremonies with both customers – who ordered one EC130... Read more

Global Vectra concludes abandoned Annual General Meeting

Global Vectra concludes abandoned Annual General Meeting

13-Nov-2013Source: HeliHub.com

After the first run of their AGM, Global Vectra Helicorp managed to complete the formal meeting on Tuesday 12th November according to a filing made with the Bombay Stock Exchange (BSE) made by company secretary Raakesh Soni. Previously, the company had made a short but telling update on the BSE website, with the understated title... Read more

Global Vectra plans on reconvening AGM

Global Vectra plans on reconvening AGM

30-Oct-2013Source: HeliHub.com

Following the farcical abandonment of the first version of their Annual General Meeting on 26th September (see HeliHub.com article), Global Vectra today issued the following statement to the Bombay Stock Exchange: Global Vectra Helicorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 11, 2013, has... Read more

Global Vectra Helicorp AGM ends in chaos

Global Vectra Helicorp AGM ends in chaos

6-Oct-2013Source: HeliHub.com

In a short but telling update on the Bombay Stock Exchange website, with the understated title of “Adjournment of AGM” is the following statement Global Vectra Helicorp Ltd has informed BSE that the 15th Annual General Meeting of the members of the Company which was held on September 27, 2013 had to be adjourned due... Read more

Global Vectra resumes flying

Global Vectra resumes flying

23-Jul-2012Source: Global Vectra

Global Vectra Helicorp Limited (GVHL) is India’s largest private helicopter company, providing offshore transportation services to the oil and gas sector and, through its onshore division, charter and airport shuttle services throughout the country. On 7 May 2012, following a decision of the Ministry of Home Affairs, the aviation regulator, the Directorate General of Civil... Read more

Global Vectra director launches second court case to get company flying again

Global Vectra director launches second court case to get company flying again

25-May-2012Source: News Track India

A director and a shareholder of Global Vectra Helicorp, the aviation arm of the Ravi Rishi-led Vectra Group, Thursday moved the Delhi High Court against the suspension of its permit to fly choppers.  The court is already hearing the plea of Global Vectra Helicorp against the DGCA’s order.  (see full story)  ... Read more

India – Global Vectra’s security clearance cancelled

India – Global Vectra’s security clearance cancelled

7-May-2012Source: Zee News

The cancellation of security clearance of Global Vectra Helicorp Ltd is likely to create trouble for those willing to avail chopper services during the pilgrimage to the Vaishno Devi shrine since it is the peak season.   (see full story) Separately, this may impact offshore operations of state-run Oil and Natural Gas Corporation, Gujarat State Petroleum... Read more

Global Vectra Helicorp director resigns

Global Vectra Helicorp director resigns

12-Jan-2012Source: HeliHub.com

Global Vectra Helicorp has announced that Ravinder Kumar Rishi, director of the company has resigned with effect from 05 December 2011. Jeremy Parkin – HeliHub.com... Read more

08-Oct-11 VT-AZX Eurocopter AS350B3 Ratnagiri Beach, India

08-Oct-11 VT-AZX Eurocopter AS350B3 Ratnagiri Beach, India

8-Oct-2011

Precautionary landing due to weather en route Belgaum to Juhu on a ferry flight with 4POB after completing a filming job... Read more

Milestone Aviation Group announces $205M of Helicopter Lease transactions

Milestone Aviation Group announces $205M of Helicopter Lease transactions

6-Mar-2011Source: Milestone Aviation Group

Milestone Aviation Group, the first global specialty finance company focused exclusively on the helicopter and private jet markets, announced today $205 million in transactions. With this announcement, which was made at the Helicopter Association International Heli-Expo, Milestone has closed on 20 new and pre-owned helicopters totalling $141 million as well as signed Letters of Intent... Read more

SkyBanners working with Global Vectra Helicorp in India

SkyBanners working with Global Vectra Helicorp in India

6-Mar-2011Source: SkyBanners

Soon the skyline of major cities in India will see an unusual sight – huge banners being flown by helicopters that can carry brand messages, announce new movies releases, in fact the scope is limitless. Making this possible is Oscean India, which has launched SkyBanners International in India. The company has tied up with Xtravision... Read more

Three Indian customers buy total of five AS350B3s

Three Indian customers buy total of five AS350B3s

11-Feb-2011Source: Eurocopter

The acquisition of five AS350 B3 helicopters by three Indian customers was announced by Eurocopter and its Eurocopter India subsidiary at the Aero India 2011 exhibition in Bangalore. Three of the rotary-wing aircraft were ordered by Global Vectra, whose fleet will grow to seven AS350 B3s; while Summit Aviation and SS Aviation each purchased one.... Read more

Global Vectra Helicorp loss narrows in latest quarter

Global Vectra Helicorp loss narrows in latest quarter

9-Nov-2010Source: MyIris

During the quarter to 30th September 2010, the loss of the company declined to Rs 183.45 million compared with a loss of Rs 312.11 million in the same quarter last year.... Read more

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