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HNZ Group Reports FY2017 Q2 Results

HNZ Group Reports FY2017 Q2 Results

Revenue was $56.4 million in the second quarter of 2017, a decrease of $0.9 million compared to $57.3 million a year ago. This variation is mostly explained by a decrease in onshore revenue and ancillary revenue, partially offset by an increase in offshore revenue. The Corporation flew 10,725 hours compared to 11,557 hours in the second quarter of 2016, a decrease… Read more »

Source: HNZ, 18-Aug-17

HNZ Group Reports on Norsk Helikopterservice AS

HNZ Group Reports on Norsk Helikopterservice AS

HNZ Group Inc. (TSX: HNZ) (the “Corporation” or “HNZ”) announced today that the operations carried out by Norsk Helikopterservice AS (“Norsk”), a Norwegian entity in which the Corporation holds a 49.9% interest, ceased on June 30, 2017. “Norsk has encountered various challenges in the Norwegian market, and our investment in Norsk has not performed as… Read more »

Source: HNZ Group, 07-Jul-17

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Pilots union calls for independent judicial inquiry into North Sea safety

Pilots union calls for independent judicial inquiry into North Sea safety

Pilots will call for an independent judicial inquiry into North Sea helicopter safety in evidence to the House of Commons Transport Select Committee this afternoon. Captain Colin Milne, the Chairman of BALPA’s Helicopter Affairs Committee, will give evidence to the Committee’s inquiry into helicopter safety at 1500 today, Monday, 27 January 2014 at the Committee’s… Read more »

Source: BALPA, 28-Jan-14

Norsk Helikcopter becomes Bristow Norway

Source: UpstreamOnline, 01-Apr-09