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Caverton Helicopters completes payment of $55m AW139 Loan from Shell

Caverton Helicopters completes payment of $55m AW139 Loan from Shell

Caverton Helicopters has officially paid off their loan of $55 million from Shell Petroleum Development Company of Nigeria Limited (SPDC). The loan was in order for Caverton to purchase three AW139 helicopters. In 2010 Shell had awarded Caverton a five-year contract for facilitating helicopter services. It was the largest contract given by Shell to a… Read more »

Source: HeliHub.com, 01-Aug-17

Atlantic Aviation commences AW139 flights for Shell Nigeria

Atlantic Aviation commences AW139 flights for Shell Nigeria

Atlantic Aviation commences AW139 Commercial Helicopter Flights for Shell Nigeria Exploration & Production Company (SNEPCo) New helicopter-services operator Atlantic Aviation, supported by one of the world’s leading providers of high-quality transportation to offshore oil and gas producers, has begun commercial flights of Agusta Westland 139 (AW139) helicopters from Lagos. Atlantic Aviation, a Nigerian company owned… Read more »

Source: Atlantic Aviation, 14-Feb-14

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Caverton Helicopters gets $85M loan from Shell Nigeria

Caverton Helicopters gets $85M loan from Shell Nigeria

Shell companies in Nigeria have supported an indigenous company, Caverton Helicopters, to upgrade its fleet with more advanced aircraft, the AW 139. By providing a loan of $85 million, Shell Nigeria empowered Caverton to place orders for six AW 139s, making it the largest operator of the aircraft in Sub-Saharan Africa. Two aircraft would be… Read more »

Source: Shell Nigeria, 19-Mar-12