18-Aug-2015Source: ERA
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
18-Aug-2015Source: Bristow
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
12-Aug-2015Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on October 6, 2015 to shareholders of record on September 15, 2015. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more
10-Aug-2015Source: Bristow
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
10-Aug-2015Source: Erickson
Erickson Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading provider of aviation services and products to a worldwide mix of commercial and government customers, today announced second quarter 2015 financial results. Jeff Roberts, Chief Executive Officer of Erickson, commented, “Our second quarter results were below expectations as a result of challenges in the... Read more
10-Aug-2015Source: Bristow Group
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
10-Aug-2015Source: Era Group
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
10-Aug-2015Source: PHi
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
4-Aug-2015Source: Rockwell Collins
The Board of Directors of Rockwell Collins (NYSE: COL) has declared a quarterly dividend of 33 cents per share on its common stock, payable September 8, 2015, to shareholders of record at the close of business on August 17, 2015. About Rockwell Collins Rockwell Collins is a pioneer in the development and deployment of innovative... Read more
27-Jul-2015Source: CHC
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
27-Jul-2015Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, provided an update on second quarter results. While community-based patient transports for the second quarter 2015 increased 7.4% to approximately 16,105 from the prior-year quarter, patients transported for community bases in operation greater than one year decreased an estimated 318 transports, or 2.2%.... Read more
27-Jul-2015Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services announced today that it will release its earnings results for the second quarter ended June 30, 2015 on Thursday, August 6, 2015 after the market closes. Jeff Roberts, the Company’s President and Chief Executive Officer, and Eric Struik, the Company’s Chief Financial Officer, will host... Read more
20-Jul-2015
Lockheed Martin (NYSE: LMT) has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction. “Sikorsky is a natural fit for Lockheed Martin and complements our broad portfolio... Read more
17-Jul-2015Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2015 results after the stock market closes on Thursday, July 30, 2015, and host a live webcast and conference call at 8:30 am ET on Friday, July 31, 2015. The call will be accessible by telephone within the U.S. at (866) 291-5954 and... Read more
14-Jul-2015Source: Bristow
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
13-Jul-2015Source: HeliHub.com
In the last week, Reuters were first to announce the apparent reduction in bidders for Sikorsky to two – Bell’s parent company Textron and Lockheed Martin. Now the balance is clearly tipping in favour of Lockheed Martin, and figures around $8 billion are being suggested by the Sunday Times in the UK and the Wall... Read more
13-Jul-2015Source: Bristow
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
10-Jul-2015Source: Russian Helicopters
Russian Helicopters (part of State Corporation Rostec) held its Annual General Meeting of Shareholders (AGM) in Moscow on 30 June. The AGM elected the Board of Directors, approved the Company’s annual report and annual financial statements for 2014, and discussed other items on the agenda. The AGM approved the new Board of Directors as follows:... Read more
6-Jul-2015Source: Russian Helicopters
Russian Helicopters (part of State Corporation Rostec) held its Annual General Meeting of Shareholders (AGM) in Moscow on 30 June. The AGM elected the Board of Directors, approved the Company’s annual report and annual financial statements for 2014, and discussed other items on the agenda. The AGM approved the new Board of Directors as follows:... Read more
30-Jun-2015Source: CHC
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
25-Jun-2015Source: Aspen
Aspen Avionics announced today that it has acquired Accord Technology, LLC (AT) from Accord India and AvValues LLC of Phoenix, Arizona. The transaction was completed on June 19, 2015 using a combination of cash and securities. NEXA Capital Partners provided merger and acquisition financial advisory services to Aspen Avionics. The acquisition has resulted in an... Read more
19-Jun-2015Source: Cohen Milstein Sellers & Toll
Cohen Milstein Sellers & Toll PLLC is conducting an investigation to determine whether CHC Group Ltd. (“CHC” or the “Company”), certain of its senior executives and directors who signed the Registration Statement (as defined below) in connection with the Company’s January 16, 2014 initial public offering (the “Offering”), and each of the underwriters for the... Read more
18-Jun-2015Source: Reuters
Textron Inc (TXT.N) is not interested in selling its BELL Helicopter business, despite the current downturn in the commercial sector, the company’s chief executive, Scott Donnelly, said. See Full Story.... Read more
15-Jun-2015Source: Reuters
United Technologies Corp on Monday announced that it would exit its helicopter unit and said it would announce by the end of the third quarter whether it would sell or spin off its $8 billion Sikorsky Aircraft business. See full story... Read more
4-Jun-2015Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on July 7, 2015 to shareholders of record on June 16, 2015. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more
2-Jun-2015Source: HeliHub.com
Aeromega have announced that Captain Duncan Bickley (photo) has joined the board as Managing Director of Aeromega Helicopters. Duncan has been Head of Training at Cambridge for some 11 years and, together with help from Philip Sheldon and Robert Mackenzie, has effected a management buyout of the company from Airtask Group Ltd. Airtask have had... Read more
29-May-2015Source: CHC
Vancouver, British Columbia, Canada – CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2015 fourth quarter, which ended April 30, after market close on Monday, June 29. The following day, Tuesday June 30, the company will hold its quarterly earnings call at 8... Read more
20-May-2015Source: Bristow
Bristow Group Inc. (NYSE: BRS) today reported net income for the March 2015 fiscal fourth quarter of $15.1 million, or $0.43per diluted share, compared to net income of $30.3 million, or $0.83 per diluted share, in the same period a year ago. Adjusted net income, which excludes special items and asset disposition effects, decreased 35.3% to $31.8 million, or $0.91 per diluted share, for the March 2015quarter,... Read more
20-May-2015Source: Report Buyer
Civil helicopters extend the reach and expand the capabilities of businesses, governments and security agencies. The positive impact of civil helicopters for entities that can afford to acquire and operate them remains compelling. However, purchases must also be weighed against the prevailing economic conditions. For decades, the civil helicopter market was one of the smallest... Read more
11-May-2015Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, reported financial results for the quarter ended March 31, 2015 and provided an update on preliminary April 2015 flight volume. For the quarter, revenue increased 8% to $238.3 million from $221.1 million in the prior-year quarter. Net income from continuing operations for the... Read more
8-May-2015Source: Kaman
Kaman Corporation announced that today it has closed on an amended and restated $700 million credit facility. The new credit facility amends and restates the Company’s prior credit facility to, among other things: (i) extend the maturity date to May 2020; (ii) increase the aggregate amount of revolving commitments from $400 million to $600 million;... Read more
6-May-2015Source: Era Group
Era Group Inc. (NYSE: ERA) today reported break-even net earnings for its first quarter ended March 31, 2015 (“current quarter”) on operating revenues of $67.4 million. Net income for the quarter ended March 31, 2014 (“prior year quarter”) was $4.4 million, or $0.22 per diluted share, on operating revenues of $79.4 million. Earnings before interest,... Read more
30-Apr-2015Source: Air Methods
Air Methods Corporation will report financial results for the first quarter ended March 31, 2015 after the close of the market on Thursday, May 7, 2015. The Company has scheduled a conference call for Thursday, May 7, 2015 at 4:30 p.m. Eastern to discuss these results. Interested parties can access the call by dialing (855)... Read more
27-Apr-2015Source: HeliHub.com
As parent company UTC prepares Sikorsky for sale, it would appear that they are “tidying up” to ensure a smooth transfer process to a new owner. One part of this has been to sell their stake in Eclipse Aerospace, a manufacturer of VLJs (Very Light Jets), which they purchased in February 2011. At the Sun... Read more
24-Apr-2015Source: Bristow
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 2015 fourth quarter ended March 31, 2015, after the market closes on Wednesday, May 20, 2015. In conjunction with the release, Bristow has scheduled a conference call, which... Read more
21-Apr-2015Source: CHC
CHC Group Ltd. (NYSE: HELI), announced today that as of 5:00 p.m. New York City time on April 17, 2015, the early tender date, $20,755,150 aggregate principal amount of outstanding 9.375% Senior Notes due 2021 of CHC Helicopter S.A., its indirect wholly-owned subsidiary, had been tendered and not withdrawn in the previously announced tender offer... Read more
20-Apr-2015Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its first quarter 2015 results after the stock market closes on Wednesday, April 29, 2015, and host a live webcast and conference call at 8:30am ET on Thursday, April 30, 2015. The call will be accessible by telephone within the U.S. at (866) 515-2912 and from... Read more
16-Apr-2015Source: AAR
AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders. The dividend will be payable on or before May 13, 2015, to stockholders of record as of the close of business on April 29, 2015. Future cash dividends... Read more
15-Apr-2015Source: Russian Helicopters
Russian Helicopters, part of State Corporation Rostec, a leading global designer and manufacturer of helicopters and manufacturer of some of the world’s most innovative and widely operated models, announces its consolidated operating and audited financial results for the year ended 31 December 2014 under IFRS. Main results: · Revenue grew by 22.8% to RUB 169.8... Read more
25-Mar-2015Source: Amur Finance
Amur Finance Company, Inc. (Amur) announced today the acquisition of Singapore-based Lloyd Helicopter Pte. Ltd. (Lloyd) through Amur’s subsidiaries Amur Helicopter Financial Services (Amur HFS) and Amur ESL PTE Ltd. (Amur ESL). For over 35 years, Lloyd has provided the global helicopter industry with sale and leasing services for new and pre-owned helicopters, and professional consulting... Read more
17-Mar-2015Source: CHC
CHC Group (NYSE:HELI), the parent company of CHC Helicopter, reported revenue of $415 million and a net loss of $465 million for its fiscal-2015 third quarter, which ended Jan. 31. Revenue declined 9 percent, largely driven by the impact of currency. Excluding the impact of currency, revenue declined about 2 percent. The company had an... Read more
17-Mar-2015Source: Scott Scott
Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into CHC Group Ltd. (NYSE:HELI) (“CHC Group”) related to potential violations of federal securities laws. If you are a CHC Group shareholder, you are encouraged to contact Scott+Scott for additional information. CHC Group (NYSE:HELI) is... Read more
13-Mar-2015Source: KKR
Air Medical Group Holdings (“Air Medical”), a leading provider of air ambulance services, today announced that funds managed by KKR, a leading global investment firm, have signed a definitive agreement to acquire Air Medical from affiliates of Bain Capital and Brockway Moran & Partners. Financial terms of the transaction were not disclosed. Air Medical provides... Read more
12-Mar-2015Source: WHTC
KKR & Co LP is in advanced talks to acquire Air Medical Group Holdings Inc in a deal that could value the U.S. helicopter ambulance company at around $2 billion, including debt, according to people familiar with the matter. See Full Story... Read more
10-Mar-2015Source: ERA
Era Group Inc. (NYSE: ERA) (“Era”), one of the largest helicopter operators in the world, will present at the Sidoti and Company 19th Annual Emerging Growth Research Institutional Investor Forum to be held in New York on March 16-17, 2015. Era’s Vice President Corporate Development and Finance, Ben Slusarchuk, will present on Tuesday, March 17,... Read more
2-Mar-2015Source: Era Group
Era Group Inc. (NYSE: ERA) (the “Company” or “Era Group”) today announced that its 2015 Annual Meeting of Stockholders will be held at the Company’s principal executive offices located at 818 Town & Country Blvd., Suite 200, Houston, Texas 77024 on Wednesday, June 24, 2015, at 10:00 a.m. local time. The Company fixed April 27, 2015 as... Read more
1-Mar-2015Source: PHI
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the year ended December 31, 2014. Consolidated operating revenues for the year ended December 31, 2014 decreased $20.2 million compared to the year ended December 31, 2013. Oil and Gas segment revenues increased $27.8 million primarily as a result of... Read more
1-Mar-2015Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, reported financial results for the quarter and year ended December 31, 2014. For the year, revenue increased 14% to $1,004.8 million compared to $879.2 million in the prior year. Income from continuing operations after minority interests increased 57% to $98.8 million, or $2.56 per... Read more
26-Feb-2015Source: Erickson
Erickson Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services, today announced fourth quarter and full year 2014 financial results and guidance for fiscal 2015. Udo Rieder, Chief Executive Officer of Erickson, commented, “The recently completed business reorganization provides for an increased focus on our end markets and... Read more
24-Feb-2015Source: Kaman
Kaman Corporation (NYSE:KAMN) announced that its board of directors voted to increase the quarterly dividend on the company’s common shares 12.5 percent to 18 cents per share. The increased dividend will be paid on April 7, 2015 to shareholders of record on March 17, 2015. “Today’s dividend announcement reflects the Board’s confidence in Kaman’s strategy,”... Read more
20-Feb-2015Source: Air Methods
Air Methods Corporation AIRM, -0.90% will report financial results for the fourth quarter ended December 31, 2014 after the close of the market on Thursday, February 26, 2015. The Company has scheduled a conference call for Thursday, February 26, 2015 at 4:30 p.m. Eastern to discuss these results. Interested parties can access the call by... Read more
12-Feb-2015Source: LDC
The management team at PDG Helicopters, the industry leading aerial service provider to the construction and utility sectors, has completed a £20million+ MBO backed by LDC, as it looks to capitalise on growing demand for its services. The deal sees LDC take a majority equity stake in the business with management investing alongside and holding... Read more
12-Feb-2015Source: Era
Era Group Inc. ERA, +0.36% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter 2014 after the market closes on Tuesday, March 10,2015. In connection with the release, Era has scheduled a conference call for Wednesday, March 11, 2015,... Read more
12-Feb-2015Source: Erickson
Erickson (NASDAQ:EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, today announced that it will release its earnings results for the fourth quarter and fiscal year 2014 ended December... Read more
11-Feb-2015Source: HeliHub.com
Pawan Hans will see an ownership change by the end of 2016, as the Indian Government announces plans to divest its 51% stake in the operator. With a fleet of 46 helicopters, Pawan Hans is one of the largest operators in Asia. Investment bank SBI Capital Markets has been appointed to advise the government on... Read more
9-Feb-2015Source: Erickson
Erickson Incorporated (NASDAQ:EAC) announced today that it has initiated a comprehensive organizational restructuring that it anticipates will create significant new efficiencies and cost reductions, improve profitability, and enhance the Company’s overall competitive position. The Company will now be organized into the following four business segments: 1) Government Aviation Services, led by Chris Bassett 2) Oil... Read more
6-Feb-2015Source: Bristow
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 $0.32 per share of common stock issued and outstanding at the close of business on February 27, 2015 (the “Record Date”). The dividend will be payable on... Read more
2-Feb-2015Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2014 results after the stock market closes on Monday, February 23, 2015, and host a live webcast and conference call at 8:30am ET on Tuesday, February 24, 2015. The call will be accessible by telephone within the U.S. at (877)... Read more
25-Jan-2015Source: Thales
Over the past few months DCNS, in which Thales (Euronext Paris: HO) holds a 35% shareholding, has conducted a comprehensive review of the financial and contractual status of several activities and complex programmes, which have had difficulties. The main conclusions of these reviews have been communicated to DCNS governing bodies. On the basis of these... Read more
15-Jan-2015Source: Air Methods
SADIF Investment Analytics, announces a new summary due diligence report covering Air Methods Corp (AIRM). The report uses SADIF’s powerful StockMarks™ stock rating system and contains important analysis for any current or potential Air Methods Corp investor. Report Summary: Air Methods Corp ($AIRM) is an above average quality company with a neutral outlook. Air Methods... Read more
13-Jan-2015Source: CPI Aero
CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that its management will present at the Noble Financial Capital Markets Eleventh Annual Equity Conference on Tuesday, January 20, 2015 at 2:30 pm ET at Club Med Sandpiper Bay, in South Florida. Investors will be able to access the live video webcast of the presentation... Read more
13-Jan-2015Source: SmarTrend
On Monday, Bristow Group shares traded at a new 52-week low today of $58.06. see full story... Read more
17-Dec-2014Source: CHC
Funds affiliated with Clayton, Dubilier & Rice LLC (CD&R) have completed the third stage of CD&R’s investment in CHC Group Ltd. (NYSE:HELI) through the purchase of convertible preferred shares in a private placement. Consistent with terms of an investment agreement that CHC and CD&R entered into on Aug. 21, CD&R has purchased an additional 100,000... Read more
12-Dec-2014Source: Helinet
Helinet Aviation Services, a diversified flight services company, announced today the acquisition of Los Angeles-based helicopter charter company Briles / Executive HeliShares. The deal combines the charter operations of Southern California’s two largest helicopter operators for the premium market, creating a single-source provider for Fortune 500 companies, heads of state and celebrities across the region.... Read more
11-Dec-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, will host a conference call and live webcast to discuss the results of the second quarter 2015, to be held Wednesday, December 10, 2014 at 8:00 AM Eastern Time. Analysts may participate on the teleconference by dialing 877-407-0778 domestically, or 201-689-8565 internationally, approximately 5 to... Read more
10-Dec-2014Source: CHC
CHC reported revenue of $458 million for the quarter ended Oct. 31, up 3 percent. The company had a net loss of $177 million. Adjusted EBITDAR (earnings before interest, taxes, depreciation, amortization and helicopter lease and other costs), excluding special items, rose 14 percent to $125 million. All references to EBITDAR in this release represent... Read more
28-Nov-2014Source: Techcrunch
It’s not big money yet, but drone technology has investors looking to the sky for pennies from heaven. See Full Story... Read more
28-Nov-2014Source: HNZ
HNZ Group Inc. (“HNZ”) (TSX: HNZ.A, HNZ.B) announced today that its Board of Directors has declared monthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of February 13, 2015, March 13, 2015 and April 15, 2015 to holders of record at the close of business January 30, 2015, February 27,... Read more
27-Nov-2014Source: CHC
CHC Group Ltd. (NYSE: HELI), the parent company of CHC Helicopter, today announced that it has cancelled a rights offering of preferred shares in the company that had been made to existing shareholders. Completion of the rights offering to holders of CHC’s ordinary shares was dependent upon receiving at least $50 million in total demand... Read more
26-Nov-2014Source: Helideck Analytics
Helideck Analytics Ltd. is pleased to announce the acquisition of the Helideck Certification Agency (HCA), the world’s recognised leading provider of inspection and certification services for offshore helidecks. HCA is based in Aberdeen, Scotland and has satellite offices in Norwich, England and Bergen, Norway. HCA is responsible for the inspection and certification of all helidecks... Read more
26-Nov-2014Source: Praesidian
Praesidian Capital Europe (“Praesidian”), which provides senior and subordinated debt along with growth capital predominantly to UK companies, announced today that it has provided first lien debt to support the acquisition of Helideck Certification Agency Limited (“HCA”) by a group of private investors. Headquartered in Aberdeen, Scotland, HCA is the leading provider of inspection and... Read more
19-Nov-2014Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on January 8, 2015 to shareholders of record on December 16, 2014. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more
14-Nov-2014Source: CHC
Clayton, Dubilier & Rice LLC (CD&R) today completed the second stage of a private-placement investment in CHC Group Ltd. (NYSE: HELI), purchasing 384,000 convertible preferred shares for a price of $384 million. The transaction was consistent with terms of an investment agreement that CHC and CD&R entered into on Aug. 21. As part of the... Read more
11-Nov-2014Source: Yahoo Finance
State-owned Airports Authority of India (AAI) and national helicopter company Pawan Hans will be listed on the stock exchanges early next year. See Full Story... Read more
11-Nov-2014Source: CHC
CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, today announced that its shareholders have approved the issuance of preferred shares to Clayton, Dubilier & Rice LLC and certain of its affiliates (CD&R) in a private placement of up to $600 million and related proposals. The shareholder approval was obtained at CHC’s extraordinary general... Read more
