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Pawan Hans staff to bid for Government 51% stake

Pawan Hans staff to bid for Government 51% stake

The All India Civil Aviation Employees’ Union, made up of over 300 workers, is planning to purchase the government’s 51% stake of Pawan Hans. The stake is valued at Rs 500 crore, reports India Times. They are currently drawing up a proposal and should the plan go ahead, it will be known as a “historic… Read more »

Source: HeliHub.com, 11-Dec-17

Russian Helicopters Shares Acquisition

Russian Helicopters Shares Acquisition

Russian Direct Investment Fund (RDIF) and Arab investors are considering buying more stakes in Russian Helicopters. A total of 25% of the company is on the market, for a total of $6 million, reports TASS.

Source: HeliHub.com, 29-Nov-17

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HNZ announces renewal of normal course issuer bid

HNZ announces renewal of normal course issuer bid

HNZ Group Inc. (TSX: HNZ) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “Notice”) to purchase outstanding common shares and variable voting shares through the facilities of the TSX… Read more »

Source: HNZ Group, 04-Sep-17

Lawyers propose settlement for 2014 CHC share buyers

Lawyers propose settlement for 2014 CHC share buyers

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK RUDMAN, ET AL., v. CHC GROUP, LTD., ET AL., Civil Action No. 15-cv-3773 (LAK) SUMMARY NOTICE TO: ALL PERSONS WHO PURCHASED SHARES OF CHC GROUP LTD. (“CHC”) COMMON STOCK IN THE JANUARY 16, 2014 IPO AND/OR IN THE OPEN MARKET DURING THE PERIOD FROM JANUARY 16, 2014… Read more »

Source: CHC, 16-Aug-17

Air Methods Looks into Selling

Air Methods Looks into Selling

Air Methods Corp is looking into selling their company. The company’s shares rose by 7.4% this week. Valued at $1.4 billion, the company is looking for potential buyers, reports Reuters. Voce Capital Management LLC has reportedly voiced that the company should sell itself for a while. They have also threatened to start a “proxy war”… Read more »

Source: HeliHub.com, 02-Feb-17

Executive HeliShares take delivery of another AW109 Power

Executive HeliShares take delivery of another AW109 Power

AgustaWestland, a Finmeccanica company, is pleased to announce the handover of an AW109 Power to Executive HeliShares, a Briles Wing & Helicopter, Inc. Company, located in Van Nuys, California.  Executive HeliShares has selected the AW109 Power and GrandNew product lines as the VIP platforms of choice for their exclusive Fractional Ownership Program on the West… Read more »

Source: AgustaWestland, 07-Mar-13

Spirit AeroSystems announces public stock offering by existing equity holders

Spirit AeroSystems announces public stock offering by existing equity holders

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (the “Company”) today announced that it intends to commence a public secondary offering of 10,307,375 shares of class A common stock. The Company will not receive any proceeds from the offering. The shares are being offered primarily by affiliates of Onex Corporation (“Onex”) and members of management of the Company…. Read more »

Source: Spirit AeroSystems, 08-Apr-11