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Sikorsky is now known as…

Sikorsky is now known as…

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 »

Source: Lockheed Martin, 11-Nov-15

Abu Dhabi Aviation commits to 15 AW helicopters by 2019

Abu Dhabi Aviation commits to 15 AW helicopters by 2019

AgustaWestland announced today that Abu Dhabi Aviation (ADA)has agreed to acquire 15 helicopters from the AW Family, comprising the AW169 light intermediate, AW139 intermediate and AW189 super medium twin types. The aircraft are scheduled to be delivered from 2016 through to 2019 and will be used for a variety of missions, including offshore transport. ADA… Read more »

Source: AgustaWestland, 11-Nov-15

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Gulf Helicopters sets new milestones with AW139 and AW189 fleets

Gulf Helicopters sets new milestones with AW139 and AW189 fleets

AgustaWestland announced today that the AW139 intermediate twin and the AW189 super medium twin helicopter fleets operated by Gulf Helicopters of Qatar have set two major milestones. Their 17 AW139s used for offshore operations have now achieved 75,000 flight hours while the four AW189s delivered so far have exceeded 1000 flight hours performing long range… Read more »

Source: AgustaWestland, 11-Nov-15

Falcon to Operate First AW169 in Middle East in Offshore role

Falcon to Operate First AW169 in Middle East in Offshore role

AgustaWestland announced today that the AW139 intermediate twin and the AW189 super medium twin helicopter fleets operated by Gulf Helicopters of Qatar have set two major milestones. Their 17 AW139s used for offshore operations have now achieved 75,000 flight hours while the four AW189s delivered so far have exceeded 1000 flight hours performing long range… Read more »

Source: AgustaWestland, 11-Nov-15

Bristow announces quarterly dividend

Bristow announces quarterly dividend

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 »

Source: Bristow, 06-Nov-15

Three North Sea energy firms collaborate on AW139 contract

Three North Sea energy firms collaborate on AW139 contract

Petrofac, Faroe Petroleum and Eni Hewett have established an innovative cost saving partnership to drive efficiencies and commercial synergies across their UK operations in the Southern North Sea. The tripartite agreement sees collaboration between Petrofac (Duty Holder) and the respective equity owners and operators of the Hewett, Schooner and Ketch gas fields to share logistics… Read more »

Source: Petrofac, 05-Nov-15

Bristow UK cuts back on apprentice program

Bristow UK cuts back on apprentice program

Apprentices are the latest group to be affected by Bristow’s job cuts. See Full Story

Source: Energy Voice, 05-Nov-15

Lockheed Martin to close Sikorsky deal on Friday

Lockheed Martin to close Sikorsky deal on Friday

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 »

Source: Lockheed Martin, 04-Nov-15

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Bell 525 team pushes the envelope

Bell 525 team pushes the envelope

Bell’s monthly program update was uncharacteristically brief this time round. but continues to show they are expanding the flight envelope further.  Here’s what they had to say: The Bell 525 Relentless team reached another milestone this past week as part of the ongoing flight test activity and certification process by validating the predicted air speed… Read more »

Source: Bell, 04-Nov-15

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Era Group Announces Q3 2015 Earnings Release Call

Era Group Announces Q3 2015 Earnings Release Call

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 »

Source: Era Group, 04-Nov-15

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Global Offshore Helicopters Outlook and Analysis to 2020

Global Offshore Helicopters Outlook and Analysis to 2020

It is estimated that by 2050, world population will reach nine billion with most of the growth occurring in developing countries. Much of the population in these countries will be younger than populace of developed nations; which will create an influx of cheap labor. This availability of cheap labor will push manufacturing and other sectors… Read more »

Source: Reportlinker, 02-Nov-15

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Abu Dhabi Aviation eyes property venture

Abu Dhabi Aviation eyes property venture

Abu Dhabi Aviation, a commercial helicopter operator, is looking into entering the real estate sector through establishing a property arm, according to Nader Al Hammadi, the company’s chairman. See Full Story

Source: Gulf News, 30-Oct-15

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Cougar Helicopters launches SAR suit

Cougar Helicopters launches SAR suit

Cougar Helicopters, the company that brings workers back and forth to offshore oil facilities, is showing off its latest search and rescue suits. See Full Story

Source: CBC, 27-Oct-15

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Bristow starts first contract in South Korea with AW139

Bristow starts first contract in South Korea with AW139

After many months of hard work and coordination to overcome numerous obstacles, Bristow began its first-ever commercial flight for a contract at Busan, South Korea September 25, 2015, marking an important milestone for the Asia Pacific Region. The company will utilize an AgustaWestland AW139 helicopter, along with a back-up Sikorsky S-76C+ from local partner HeliKorea… Read more »

Source: Bristow, 27-Oct-15

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Spectre of negative PR may lead to Bond name change

Spectre of negative PR may lead to Bond name change

We are hearing more and more that Bond will change its name to bring it in line with parent company Babcock.  The onshore element Bond Air Services, along with Bond Offshore Helicopters, were both represented under the Babcock name at the recent Helitech International event in London, and Bond staff told us there that they… Read more »

Source: HeliHub.com, 26-Oct-15

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Aeroleo job losses expected as Petrobras cancels tender

Aeroleo job losses expected as Petrobras cancels tender

Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, announced that Aeróleo Taxi Aero S/A, its Brazilian joint venture (“Aeroleo”), received notification today from Petroleo Brasileiro S.A. (“Petrobras”) that Petrobras will cancel the ongoing tender process for heavy and medium helicopters. In its notification, Petrobras noted its determination that… Read more »

Source: Era Group, 22-Oct-15

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Era Group Begins S92 Flight Operations

Era Group Begins S92 Flight Operations

Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced that it has placed into service its first Sikorsky S92 heavy helicopter in the U.S. Gulf of Mexico. The first revenue flight occurred today as flight operations commenced under a contract with a large independent oil and gas company…. Read more »

Source: Era Group, 22-Oct-15

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Bestfly awarded Chevron ground handling contract in Angola

Bestfly awarded Chevron ground handling contract in Angola

Bestfly, the Angola-based aviation services company has been selected by Chevron, through its subsidiary, Cabinda Gulf Oil Company Ltd. (CABGOC), to provide all ground handling and flight support services to its entire aviation related operations in Angola. The contract, which commenced in September, covers the complete Chevron fleet of four Bombardier Dash-8 Q400 aircraft, and… Read more »

Source: Bestfly, 20-Oct-15

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First AW189 for Vietnam Helicopter Corp now test flying

First AW189 for Vietnam Helicopter Corp now test flying

In December 2014, HeliHub.com ran a story from AgustaWestland announcing the sale of two AW189 helicopters to Vietnam Helicopter Corporation (Vietnam Helicopters/VNH), with both aircraft to fly medium/long range offshore transport operations. The first helicopter will be operated by VNH South by the end of 2015 while the second AW189 will be used by VNH… Read more »

Source: AgustaWestland, 16-Oct-15

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CAE Lider JV to launch AW139 simulator in Brazil

CAE Lider JV to launch AW139 simulator in Brazil

CAE has announced a series of training solution contracts including the sale of 9 full-flight simulators and training programs with over 15 global airlines valued at more than C$300 million. The diversity of these agreements highlights the span of CAE’s full range of training equipment and programs that cover the entire career life cycle of… Read more »

Source: CAE, 16-Oct-15

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EASA approves CAE Brunei Training Centre

EASA approves CAE Brunei Training Centre

The CAE Brunei Multi-Purpose Training Centre (MPTC), a joint venture of CAE and the Ministry of Finance of Brunei Darussalam, today announced that the European Aviation Safety Agency (EASA) has formally certified the CAE Brunei MPTC as an Approved Training Organisation (ATO).  The CAE Brunei MPTC was certified under the ATO held by CAE’s Oslo… Read more »

Source: CAE, 13-Oct-15

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Bristow announces FY2016 Q2 Earnings Release and Conference Call Schedule

Bristow announces FY2016 Q2 Earnings Release and Conference Call Schedule

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 »

Source: Bristow, 12-Oct-15

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Downturn in Oil and Gas counterbalanced by growth in other sectors

Downturn in Oil and Gas counterbalanced by growth in other sectors

The Helitech International Education Programme kicked off today with the informative Business Leaders Forum, the conference session that has become a defining factor of the event’s thought leadership platform. The panel of industry experts taking part included David Balevic, Senior Vice President, Engineering & Operations, CHC; Glenn Isbell, Senior Vice President Customer Support and Services,… Read more »

Source: Helitech, 09-Oct-15

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Two factors combine to make Bristow an undervalued company

Two factors combine to make Bristow an undervalued company

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

Source: Seeking Alpha, 09-Oct-15

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Heliservice International signs for first offshore AW169 in Europe

Heliservice International signs for first offshore AW169 in Europe

AgustaWestland announced today that Heli Service international GmbH has signed a contract for an AW169 light intermediate helicopter. This aircraft will be delivered by autumn 2016 through specialist aviation lessor LCI Helicopters to undertake offshore operations in the North Sea. This order marks the first AW169 customer for this application globally and the entry of… Read more »

Source: AgustaWestland, 08-Oct-15

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SonAir Selects Heli-One unit in Poland for Super Puma G-Checks

SonAir Selects Heli-One unit in Poland for Super Puma G-Checks

SonAir Serviço Aéreo, S.A., a provider of onshore and offshore helicopter services to Angolan oil facilities, will benefit from the world-class maintenance, repair and overhaul (MRO) services offered at Heli-One’s Rzeszow, Poland facility. Heli-One will perform G-Check inspections and custom painting on four AS332L2 Super Puma helicopters for SonAir. “Heli-One’s Poland facility provides us with… Read more »

Source: Heli-One, 07-Oct-15

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Bel Air AW189s pass 2000 Flight Hour Milestone

Bel Air AW189s pass 2000 Flight Hour Milestone

AgustaWestland announced today that the two AW189 super medium twin engine helicopters operated by Bel Air of Denmark have recently exceeded 2000 flight hours,with the first aircraft reaching 1200 and the second unit achieving 1000, setting a new milestone while demonstrating exceptional availability and mission effectiveness. The first helicopter had exceeded 600 flight hours in… Read more »

Source: AgustaWestland, 07-Oct-15

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Helitech opens with only three manufacturers present

Helitech opens with only three manufacturers present

Helitech International, the world’s third largest dedicated helicopter trade show (after Heli-Expo and Heli-Russia) opens today with just three manufacturers booking space on the show floor. AgustaWestland, Airbus Helicopters and Bell are the only manufacturers with floor space, with Sikorsky conspicuous by its absence despite being one of the four manufacturers who reportedly insisted on… Read more »

Source: HeliHub.com, 06-Oct-15

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H175 to start UK-based offshore operations

H175 to start UK-based offshore operations

Belgian based operator NHV have recently taken delivery of their third H175.  OO-NSD (Serial #5006) routed into the UK via their current base at Norwich on Tuesday 29th September before flying north to Aberdeen from where it is now based.  HeliHub.com understands a second H175 will join it in the coming weeks, ready to start… Read more »

Source: HeliHub.com, 05-Oct-15

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HeliOffshore appoints Operations Director

HeliOffshore appoints Operations Director

HeliOffshore, the global association for safety in the offshore helicopter industry, has appointed Mr. Francois Lassale in the new role of operations director. Mr. Lassale joins from Vortex, a company providing turnkey aviation solutions, where he was Managing Director. Prior to this, he was director of safety and strategic development for the Presidential Flight, United… Read more »

Source: HeliOffshore, 05-Oct-15

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LCI touches down at Helitech

LCI touches down at Helitech

LCI, the aviation leasing arm of the Libra Group, will be exhibiting at this year’s Helitech International 2015, Europe’s largest rotorcraft exhibition.  LCI are at stand E10 With 21 countries represented, Helitech International provides an opportunity for LCI to engage with customers and partners, and showcase the latest developments at the company which is taking… Read more »

Source: LCI, 02-Oct-15

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Bristow to Present at Johnson Rice Energy Conference

Bristow to Present at Johnson Rice Energy Conference

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be presenting at the Johnson Rice Energy Conference to be held in New Orleans, September 28 – 30, 2015. Jonathan E. Baliff, President and Chief Executive Officer of Bristow Group, and L. Don… Read more »

Source: Bristow, 24-Sep-15

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Bond completes new hangar at Aberdeen

Bond completes new hangar at Aberdeen

Bond Offshore Helicopters said yesterday it had completed the construction of a new aircraft hangar at Aberdeen International Airport. See Full Story

Source: Energy Voice, 18-Sep-15

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Bristow MD replaces Babcock/Bond CEO on Oil & Gas UK board

Bristow MD replaces Babcock/Bond CEO on Oil & Gas UK board

Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, today (25 August) announces a number of appointments of member company representatives to its Board with immediate effect. Alan Corbett, managing director at Bristow Helicopters, will represent the aviation sector on the Board, replacing Richard Mintern of Babcock International Group…. Read more »

Source: Oil And Gas, 14-Sep-15

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Statoil extends Norwegian CHC contract with three H225s

Statoil extends Norwegian CHC contract with three H225s

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 »

Source: CHC, 10-Sep-15

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CHC Group Reports FY2016 Q1 Results

CHC Group Reports FY2016 Q1 Results

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 »

Source: CHC, 09-Sep-15

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Helibras opens new simulator training center

Helibras opens new simulator training center

Facilities at the modern Training and Simulation Centre (CTS) of Helibras were inaugurated on Friday (21/08) in Rio de Janeiro. The event was attended by Defence Minister Jaques Wagner, Governor of the State of Rio de Janeiro Luiz Fernando Bigfoot, City Mayor Eduardo Paes and several civil and military authorities. Strategically located in Rio de Janeiro,… Read more »

Source: Helibras, 03-Sep-15

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Heli-One expands service range with Heli-One Total Solutions

Heli-One expands service range with Heli-One Total Solutions

Helicopter operators purchasing pre-owned aircraft will benefit from the extensive customization, engineering and maintenance repair and overhaul (MRO) services offered by Heli-One’s new aircraft sales business line, Heli-One Total Solutions. Heli-One is one of the world’s leading independent providers of helicopter MRO services and as such is uniquely positioned to provide customers with “Turn Key”… Read more »

Source: Heli-One, 03-Sep-15

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Bond Offshore Helicopters picks Heli-One to overhaul H225

Bond Offshore Helicopters picks Heli-One to overhaul H225

Stavanger, Norway -Heli-One, one of the world’s largest independent providers of helicopter maintenance, repair and overhaul (MRO) services, has been chosen as Bond Offshore Helicopters’ service partner for an H225G-REDR, 9,000 hour G check. The contract, to be serviced at Heli-One’s Stavanger facility in Norway, constitutes the first major H225 inspection in Bond Offshore Helicopter’s… Read more »

Source: Heli-one, 02-Sep-15

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Airbus Helicopters H175 reaches 1,000 flight hours with NHV

Airbus Helicopters H175 reaches 1,000 flight hours with NHV

NHV Group has logged the first 1,000 flight hours with the H175, proving this super-medium-sized rotorcraft’s capabilities and reliability in highly demanding operations, especially the transportation of crews and supplies to off-shore oil and gas platforms – the primary mission for which it was designed. The 1,000 hours have been accumulated by NHV’s initial two… Read more »

Source: Airbus, 02-Sep-15

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Whirly-Girls Award more Scholarships in 2016 than ever before

Whirly-Girls Award more Scholarships in 2016 than ever before

The Whirly-Girls Scholarship Fund has announced an additional five scholarships to be awarded to women in the helicopter aviation industry.  The additional scholarships available are due to the commitment of the Bristow Group to support advancing the careers of the international organization’s members.  According to Colleen Chen, Whirly-Girl Vice President of Scholarships, the number of… Read more »

Source: Whirly-Girls, 02-Sep-15

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Bristow to present at 2015 Barclays Energy – Power Conference

Bristow to present at 2015 Barclays Energy – Power Conference

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be presenting at the Barclays CEO Energy – Power Conference to be held in New York City, September 8 – 10, 2015. Jonathan E. Baliff, President and Chief Executive Officer of Bristow Group,… Read more »

Source: Bristow, 02-Sep-15

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CAE Brunei Multi-Purpose Training Centre plans to become ATO

CAE Brunei Multi-Purpose Training Centre plans to become ATO

The CAE Brunei Multi-Purpose Training Centre (MPTC), a joint venture of CAE and the Ministry of Finance of Brunei Darussalam, today announced that it plans to become an Approved Training Organization (ATO) according to the guidelines and procedures established by the European Aviation Safety Agency (EASA). The CAE Brunei MPTC will be adding a turnkey… Read more »

Source: CAE, 01-Sep-15

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HNZ announces new VP and CFO appointment

HNZ announces new VP and CFO appointment

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 »

Source: HNZ Group, 28-Aug-15

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Unite union renews call for North Sea safety inquiry

Unite union renews call for North Sea safety inquiry

Ahead of the second anniversary of the Sumburgh offshore helicopter tragedy, Unite has called on the UK government to urgently revisit the recommendation of the previous parliament’s Transport Select Committee for a public inquiry into offshore helicopter safety. The death of four offshore workers when their helicopter ditched in the waters off the Sumburgh coast… Read more »

Source: Unite The Union, 27-Aug-15

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Long-Term Demand for Helicopters Evolves

Long-Term Demand for Helicopters Evolves

The recent decline in OIL PRICES has affected dozens of support industries that provide services used in producing oil and natural gas. See Full Story

Source: Cit, 27-Aug-15

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North Sea pilots consider strike action

North Sea pilots consider strike action

Over a third of helicopter pilots operating in the North Sea met last night in Aberdeen at a meeting convened by BALPA to hear an update on the negotiations over planned redundancies. The meeting was appalled to hear the employers’ approach to the redundancies, at the ruthless exploitation of the weak market by the oil… Read more »

Source: Balpa, 18-Aug-15

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CHC Group Sets Dates for FY2016 Q1 Results

CHC Group Sets Dates for FY2016 Q1 Results

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 »

Source: CHC, 18-Aug-15

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Era group Appoints Chief Financial Officer

Era group Appoints Chief Financial Officer

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 »

Source: ERA, 18-Aug-15

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Bristow Group Appoints Chief Financial Officer

Bristow Group Appoints Chief Financial Officer

Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, today announced it is combining its CFO group with its Mergers, Acquisitions and Integration group, and has appointed Don Miller as Senior Vice President and Chief Financial Officer, effective immediately. Miller is replacing John Briscoe, who will be leaving… Read more »

Source: Bristow, 18-Aug-15

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Lider does sale and leaseback on S92 with Waypoint Leasing

Lider does sale and leaseback on S92 with Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent helicopter lessor, announced that it has closed its second transaction with Lider Taxi Aereo S/A (“Lider”), the leading provider of helicopter services to the Brazilian offshore energy industry. The transaction included the purchase and leaseback of a Sikorsky S-92 helicopter, which will operate in support of offshore… Read more »

Source: Waypoint, 11-Aug-15

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Bristow Group Announces Quarterly Dividend

Bristow Group Announces Quarterly Dividend

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 September 1, 2015 (the “Record Date”). The dividend will be payable on… Read more »

Source: Bristow, 10-Aug-15

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Bristow Group Reports Results FY 2016 Q1 Ended June 30, 2015

Bristow Group Reports Results FY 2016 Q1 Ended June 30, 2015

Bristow Group Inc. (NYSE: BRS) today reported a net loss for the June 2015 quarter of $3.3 million, or $0.27 per diluted share on a GAAP basis, compared to net income of $44.1 million, or $1.23 per diluted share, in the same period in the prior year. Adjusted net income, which excludes special items and asset disposition effects, decreased 58% to $19.8 million, or $0.56 per diluted… Read more »

Source: Bristow Group, 10-Aug-15

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Era Group reports Q2 2015 Results

Era Group reports Q2 2015 Results

Era Group Inc. (NYSE: ERA) today reported net income of $11.3 million, or $0.55 per diluted share, for its second quarter ended June 30, 2015 (“current quarter”) on operating revenues of $70.7 million compared to net income for the quarter ended June 30, 2014 (“prior year quarter”) of $5.2 million, or $0.26 per diluted share,… Read more »

Source: Era Group, 10-Aug-15

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PHi Announces Results for Q2 Ended June 30, 2015

PHi Announces Results for Q2 Ended June 30, 2015

PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended June 30, 2015. Consolidated operating revenues for the three months ended June 30, 2015 were $198.5 million, compared to $212.1 million for the three months ended June 30, 2014, a decrease of $13.6 million. Oil and Gas… Read more »

Source: PHi, 10-Aug-15

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CHC targets 50 job cuts in Aberdeen

CHC targets 50 job cuts in Aberdeen

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

Source: BBC, 05-Aug-15

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Offshore Helicopter Leasing – an Existential Risk?

Offshore Helicopter Leasing – an Existential Risk?

The recent announcement by the Bristow Group that 130 jobs are at risk in the UK Sector of the North Sea is an ugly enough headline for an industry that, up until 12 months ago, couldn’t get enough pilots to fill helicopter cockpits around the world. But underlying that announcement, the structural effects on the… Read more »

Source: Nova Systems, 28-Jul-15

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NYSE warns CHC after share price dips below compliance level

NYSE warns CHC after share price dips below compliance level

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 »

Source: CHC, 27-Jul-15

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Statoil terminates Everett/Bristow AW139 contract in Tanzania

Statoil terminates Everett/Bristow AW139 contract in Tanzania

Statoil Tanzania AS, operator of Block 2 offshore Tanzania completed a successful exploration programme in May 2015 which also saw the departure of the drillship Discoverer America from Tanzania waters.   Since the start of the programme in February 2012, the company drilled 14 wells and made eight discoveries of approximately 22 trillion cubic feet of… Read more »

Source: HeliHub.com, 22-Jul-15

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Russian oil company Rosneft orders ten AW189s

Russian oil company Rosneft orders ten AW189s

Finmeccanica-AgustaWestland announced today it has signed a contract for the sale of ten AW189 commercial helicopters to RN-Aircraft, a subsidiary of the oil company Rosneft. The contract foresees that the new helicopters will be used for transportation purposes. Delivery of the aircraft is expected between 2015 and 2017. Moreover, as already set out in the… Read more »

Source: Agusta Westland, 21-Jul-15

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Former Dancopter pilots begin legal proceedings after job losses

Former Dancopter pilots begin legal proceedings after job losses

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

Source: Eastern Daily Press, 21-Jul-15

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130 Bristow North Sea jobs at risk

130 Bristow North Sea jobs at risk

The Aberdeen-based company said it was continuing to be hit by a downturn in the North Sea oil and gas industry. See full story

Source: BBC News, 17-Jul-15

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Bristow to redeem 3.00% Convertible Senior Notes Due 2038

Bristow to redeem 3.00% Convertible Senior Notes Due 2038

Bristow Group Inc. (NYSE: BRS) (“Bristow”) today announced that it has called its 3.00% Convertible Senior Notes due 2038 for redemption on August 14, 2015. The redemption price is equal to 100% of the principal amount thereof plus any accrued and unpaid interest up to, but excluding, the redemption date. The notes may be converted… Read more »

Source: Bristow, 14-Jul-15

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GKN Aerospace congratulates Bell on first flight of 525 Relentless

GKN Aerospace congratulates Bell on first flight of 525 Relentless

GKN Aerospace congratulates Bell Helicopter, a Textron Inc. (NYSE: TXT) company, on the recent successful first flight of the Bell 525 Relentless. This is a key milestone in the test program to achieve FAA certification. The Bell 525 brings cutting edge capability to the new super-medium class by combining best-in-class performance characteristics and passenger amenities,… Read more »

Source: GKN Aerospace, 13-Jul-15

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Bristow announces FY2016 Q1 earnings and concall schedule

Bristow announces FY2016 Q1 earnings and concall schedule

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 first quarter ended June 30, 2015, after the market closes on Thursday, August 6, 2015. In conjunction with the release, Bristow has scheduled a conference call, which… Read more »

Source: Bristow, 13-Jul-15

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Pilots union challenges Sumburgh crash black box ruling

Pilots union challenges Sumburgh crash black box ruling

A ruling that investigators should hand over the black box from a North Sea helicopter crash to Scotland’s top law officer is being challenged. See full story

Source: BBC News, 08-Jul-15

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Bell 525 Relentless Makes Successful First Flight

Bell 525 Relentless Makes Successful First Flight

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today announced the successful first flight of the Bell 525 Relentless. The maiden flight of the super-medium helicopter took place at the company’s aircraft assembly center in Amarillo, Texas. “The Bell 525 was announced at Heli-Expo in 2012, and we are proud to have achieved this milestone. … Read more »

Source: Bell, 02-Jul-15

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Shell extends Caverton contract with six AW139s

Shell extends Caverton contract with six AW139s

Caverton Offshore Support Group PLC (COSG), a leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria has announced that Shell Petroleum Development Company (SPDC) has exercised contract extension options with its subsidiary, Caverton Helicopters Limited for a two year period. See Full Story  

Source: The Business Dispatch, 01-Jul-15

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CHC reports Q4 and FY2015 Results

CHC reports Q4 and FY2015 Results

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 »

Source: CHC, 30-Jun-15

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Airbus heads for 1,000th Dauphin 2 delivery

Airbus heads for 1,000th Dauphin 2 delivery

Airbus Helicopters is on the point of delivering the 1,000th Dauphin 2 – by which we are including the 365N models including the EC155 (technically the AS365N4).  Starting at serial 6001, the authorities in Japan have issued the registration JA08AR to an AS365N3+ with serial 7001.  That marks the passing of the 1,000th delivery and… Read more »

Source: HeliHub.com, 30-Jun-15

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Bond Offshore Helicopters opens new Norwich passenger terminal

Bond Offshore Helicopters opens new Norwich passenger terminal

The new facilities, which can accommodate more than  25,000 passengers a year, include new departure gates, new security areas and a new passenger lounge, all specifically designed with safety, security and comfort in mind. Catering is provided by a local supplier and the building is equipped with wifi, large LCD screens and all the other… Read more »

Source: Bond, 30-Jun-15

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Africair signs LOI for two Bell 525s and an order for a 407GXP

Africair signs LOI for two Bell 525s and an order for a 407GXP

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today a letter of intent (LOI) for two Bell 525s and an order for a 407 GXP signed during the Paris Air Show. Africair will use the helicopters for multiple purposes including corporate VIP transport and oil and gas. “The Bell 525 Relentless is proving to… Read more »

Source: Bell, 29-Jun-15

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MYU Helicopters exasperated by slow progress on new HQ

MYU Helicopters exasperated by slow progress on new HQ

Although 29th District Court Judge Timothy Marcel ruled against Tim Mayeaux’s proposed heliport on Judge Edward Dufresne Parkway, the Luling resident said he is appealing the decision. See Full Story

Source: Herald Guide, 29-Jun-15

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Houston Employees Celebrate Bristow’s Birthday with Big Brothers Big Sisters

Houston Employees Celebrate Bristow’s Birthday with Big Brothers Big Sisters

On June 20, Houston employees partnered with Big Brothers Big Sisters (BBBS) to celebrate Bristow’s 60th birthday. The celebration was part of Bristow’s sponsorship as the official BBBS Birthday Sponsor of 2015. The volunteers accompanied 15 unmatched “Littles” (children who are on a waiting list for a big brother or big sister through the program)… Read more »

Source: Bristow, 29-Jun-15

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Bristow Capitalizes on its Rich Heritage to Create a Single Brand

Bristow Capitalizes on its Rich Heritage to Create a Single Brand

In the mid-2000s, Bristow had operations across the globe and was capitalizing on the rich heritages of Bristow Helicopters, Air Logistics and Production Management Services. Over the next few years during an unprecedented period of strong market conditions, the company began making several changes to support its vision of one global team setting the standard… Read more »

Source: Bristow, 25-Jun-15

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