6-Mar-2014Source: PHi
PHI, Inc. (“PHI”) (The Nasdaq Global Market: PHII (voting) and PHIIK (non-voting)) announced today that it intends, subject to market and other conditions, to offer up to $500 million aggregate principal amount of fixed-rate senior notes with a five-year maturity through a private offering exempt from registration under the Securities Act of 1933, as amended (the... Read more
4-Mar-2014Source: CybAero
CybAero, which develops and markets unmanned helicopters, has a new partner. It is the American partner AeroVironment, AV, who has converted one of its two loans. AeroVironment will thus acquire in CybAero of 8.5 percent, making them the largest shareholder in the company. The loan of 10 million, now converted into 1,062,699 shares were issued by... Read more
4-Mar-2014Source: PHI
PHI, Inc. (The Nasdaq Global Market: PHII (voting) and PHIIK (non-voting)) today announced that it is commencing a cash tender offer (the “Offer”) for any and all of its $300,000,000 aggregate principal amount of 8.625% Senior Notes due 2018 (the “Notes”) on the terms and subject to the conditions set forth in PHI’s Offer to... Read more
3-Mar-2014Source: Kaman
Kaman Corporation (NYSE:KAMN) today announced that Michael J. Lyon has been appointed to the position of Vice President – Tax, reporting to Robert Starr, Senior Vice President and Chief Financial Officer. Lyon succeeds John Lockwood in the position and joins Kaman from Gerber Scientific, a manufacturer and worldwide distributor of integrated automation equipment and software,... Read more
2-Mar-2014Source: PHI
PHI, Inc. (“PHI”) (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the year ended December 31, 2013. Consolidated operating revenues for the year ended December 31, 2013 were $856.5 million, an increase of $209.8 million over the year ended December 31, 2012. Oil and Gas segment revenues were $489.0 million... Read more
2-Mar-2014Source: Air Methods
Air Methods Corporation AIRM +4.19% , the global leader in air medical transportation, reported financial results for the year and fourth quarter ended December 31, 2013. For the year, revenue increased 4% to $881.6 million compared to $850.8 million in the prior year. Net income decreased 33% to $62.3 million, or $1.54 per diluted share, in the current... Read more
25-Feb-2014Source: Ledcor Group
The Ledcor Group of Companies, its subsidiary Summit Helicopters, and CC Helicopters announced today that they have concluded a definitive agreement for Ledcor to acquire CC Helicopters, subject to regulatory approval. “Ledcor has been seeking to expand the capability and capacity of Summit Helicopters, and add new operational bases,” said Paul McElligott, President of Ledcor Resources... Read more
25-Feb-2014Source: Euroavionics
EuroAvionics GmbH is pleased to announce that it has acquired LCX Systems LLC of Sarasota, FL. Established as the OEM supplier of choice for Situational Awareness and Mission Management systems, EuroAvionics GmbH designs, produces and markets certified avionics systems and ground tools that interface with a wide range of third--party avionics and sensors. The EuroNav... Read more
25-Feb-2014Source: Reuters
Avincis Group’s co-owner KKR and Italy’s Investindustrial are reportedly studying an IPO as a route to exiting their investment in the company after JV talks with engineering services group Babcock stalled See full story... Read more
24-Feb-2014Source: CHC
-CHC Group (NYSE:HELI), the parent company of CHC Helicopter, plans to issue its earnings release for the fiscal-year 2014 third quarter, which ended Jan. 31, after market close on Wednesday, March 12. That same day the company will hold a call for analysts at 5 p.m. (Eastern Time). The call also will be audio webcast... Read more
22-Feb-2014Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the fourth quarter ended December 31, 2013 after the close of the market on Thursday, February 27, 2014. The Company has scheduled a conference call for Thursday, February 27, 2014 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
21-Feb-2014Source: Kaman
The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on April 3, 2014 to shareholders of record on March 18, 2014. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business... Read more
19-Feb-2014Source: AHS
Advanced Helicopter Services has announced the recent acquisition of Cascade Airframe Repair, a longtime helicopter repair services company, based at Boeing Field in Seattle, Washington. The company will remain at Boeing Field and will continue to offer comprehensive helicopter repair and maintenance services. Cascade has become known for providing exemplary customer service and support to... Read more
14-Feb-2014Source: Airbus
Airbus Group (stock exchange symbol: AIR) has entered into a Share Purchase Agreement with Raiffeisenverband Salzburg to acquire Salzburg München Bank AG, in order to provide additional financing options for the aeronautics and defence company. Salzburg München Bank, owned 100% by Raiffeisenverband Salzburg, is a small fully-licensed bank based in Munich serving small and medium... Read more
11-Feb-2014Source: DLA Piper
DLA Piper has advised Bristow Helicopters Limited (Bristow Helicopters) on its acquisition of a 60% interest in the privately owned Eastern Airways International Limited. Eastern Airways will continue to operate as normal and under its own brand, led by the current management team. Bristow is the leading provider of helicopter services to the worldwide offshore... Read more
9-Feb-2014Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2013 results after the stock market closes on Thursday, February 27, 2014, and host a live webcast and conference call at 8:00am ET on Friday, February 28, 2014. The call will be accessible by telephone within the U.S. at (877)... Read more
7-Feb-2014Source: Bristow
Bristow Helicopters Ltd has made a strategic investment acquiring a 60 percent interest in Eastern Airways International Ltd. Eastern Airways will continue to operate as normal, independently from Bristow, and under its own brand led by the current management team. This formalised agreement builds on a strong relationship between Bristow and Eastern Airways that dates... Read more
7-Feb-2014Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported net income for the December 2013 quarter of $18.9 million, or $0.51 per diluted share, compared to net income of $36.4 million, or $1.00 per diluted share, in the same period a year ago. Adjusted net income, which excludes special items and asset disposition effects, decreased 27% to $31.3 million, or $0.85 per diluted share, for the December 2013 quarter, compared to $42.6... Read more
7-Feb-2014Source: Bristow Group
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$0.25 per share of common stock issued and outstanding at the close of business on February 28, 2014 (the “Record Date”). The dividend will be payable on March 14, 2014 to stockholders of record... Read more
29-Jan-2014Source: Forbes
The aerospace sector has been awash in rumours over the last week that United Technologies would sell or spin off its Sikorsky helicopter unit See full story... Read more
29-Jan-2014Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, provided an update on fourth quarter results and January 2014 flight volumes. Total community-based patient transports for the fourth quarter 2013 are estimated to be 12,881, a 3% decrease from the prior-year quarter. Patients transported for community bases in operation greater than one year... Read more
27-Jan-2014Source: HeliHub.com
Last week Sikorsky’s parent company United Technologies issued their unaudited results for the year to 31 December 2013. As part of this, they included Sikorsky’s turnover figures down from $6.271 Billion to $6.253 Billion, a drop of 8%. The helicopter manufacturer’s profit was hit harder, dropping 17% from $712 Million to $594 Million. UTC also... Read more
17-Jan-2014Source: CHC
CHC Group Ltd., the parent company of CHC Helicopter S.A., today announced the pricing of its initial public offering of 31,000,000 of its ordinary shares, at a price to the public of $10 per share. The securities are scheduled to begin trading tomorrow (Friday) on the New York Stock Exchange under the symbol “HELI.” CHC... Read more
17-Jan-2014Source: LCI
Lease Corporation International (“LCI”), a Libra Group company, and KKR Financial Holdings LLC (NYSE: KFN) (“KFN”), a specialty finance company managed by a subsidiary of KKR & Co. L.P. (NYSE: KKR), today announced that they have entered into a definitive agreement under which KFN has agreed to invest in excess of $100 million in LCI... Read more
12-Jan-2014Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the worldwide offshore energy industry, announced today it will release financial results for its fiscal year 2014 third quarter ended December 31, 2013, after the market closes on Thursday, February 6. In conjunction with the release, Bristow has scheduled a conference call, which... Read more
10-Jan-2014Source: Pawan Hans
Pawan Hans pays dividend after a gap of 4 years. Cheque of dividend of Rs.1,19,32,164/- for the financial year 2012-13 was presented to the Hon’ble Minister of Civil Aviation Shri Ajit Singh by Shri Anil Srivastava, Chairman & Managing Director,Pawan Hans in the presence of Shri Ashok Lavasa, Secretary, Civil Aviation Sh. Alok Sinha JS,Sh.... Read more
7-Jan-2014Source: CHC
CHC Group Ltd., the parent company of CHC Helicopter S.A., today announced that it has commenced an initial public offering of 29,412,000 of its ordinary shares, all of which will be offered by the company. The IPO price is currently expected to be between $16 and $18 per share. To the extent that the underwriters... Read more
2-Jan-2014Source: Russian Helicopters
In 2013, Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec, produced 303 helicopters for Russian and international customers, with an anticipated consolidated profit in excess of 140 billion roubles*. Preliminary results were voiced at the Russian Helicopters board meeting which reviewed performance in the helicopter sector over the past year and outlined... Read more
2-Jan-2014Source: Beechcraft
Beechcraft Corporation announced today that Textron Inc. (NYSE: TXT) has agreed to acquire Beech Holdings, LLC, the parent of Beechcraft Corporation, for approximately $1.4 billion in cash. Bill Boisture, CEO of Beechcraft, said: “This transaction represents an important step forward in the evolution of Beechcraft’s business. The team at Beechcraft has worked tirelessly to strengthen our core business... Read more
1-Jan-2014Source: Rockwell Collins
Rockwell Collins, Inc. (NYSE: COL) today announced it has successfully completed the acquisition of ARINC Incorporated from The Carlyle Group for $1.4 billion. “With this move we take a major leap forward to realizing our vision of providing a richer set of seamless information management solutions that encompass the aircraft and ground-based systems,” said Kelly... Read more
19-Dec-2013Source: Element Financial
Element Financial Corporation (TSX:EFN) (“Element” or the “Company”), one ofNorth America’s leading equipment finance companies, today announced that it has closed its previously announced acquisitions comprised of approximately US$348 million worth of helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc. respectively. Further to the December 9th announcement that Element had entered into a strategic alliance agreement... Read more
19-Dec-2013Source: Textron
Textron Inc. (NYSE: TXT) will release its fourth quarter 2013 financial results on Wednesday, January 22, 2014. The company will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (800) 230-1092 in the U.S. or... Read more
16-Dec-2013Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, announced today that it has successfully completed its acquisition of Blue Hawaiian Helicopters and its affiliates (“Blue Hawaiian”), a helicopter tour operator based in Hawaii. Founded in 1985, Blue Hawaiian is one of the world’s largest aerial tour operators and is the premier helicopter... Read more
16-Dec-2013Source: AAR
AAR announced that it will release financial results for its second quarter of Fiscal Year 2014, ended November 30, 2013, after the market closes on Thursday, December 19, 2013. On Thursday, December 19, 2013, at 3:45 p.m. CST, AAR will hold a conference call to discuss the results. The conference call can be accessed by calling 866-802-4322 from inside the... Read more
16-Dec-2013Source: CHC
CHC Helicopter‘s revenue and earnings were both down year-over-year, partly as a result of limited availability of EC225 aircraft, along with costs to return those helicopters to flying operations. The company reported revenue for the quarter of $443 million, down 1 percent from the same period in fiscal 2013. A net loss of $49 million... Read more
10-Dec-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), 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, the Erickson S-64 Aircrane, announced today that management will be presenting at the Imperial Capital 2013 Security Investor Conference at the... Read more
9-Dec-2013Source: GE Capital
GE Capital today announced that it is providing a $10 million senior credit facility to a group of investors to purchase and operate Universal Helicopters Newfoundland and Labrador (“UHNL”), a regional helicopter services company. The new owners, through a limited partnership formed by Nunatsiavut Group of Companies, Tasiujatsoak Trust and CAPE Fund LP, are acquiring UNHL from its majority... Read more
29-Nov-2013Source: Avincis Group
Avincis Mission Critical Services Group S.A.U (“Avincis”) (previously Prioris Aviation Spain S.A.U) today reported strong results for the third quarter of 2013, including improved margins, a growing order book and continuing efficiency gains. [Editor note – This really is “selected highlights only”. We requested the full numbers, but Avincis declined to provide them] Financial Highlights ... Read more
28-Nov-2013Source: CHC
CHC Helicopter expects to release its fiscal-year 2014 second-quarter financial results, for the period ended Oct. 31, after market close on Wednesday, Dec. 11. CHC senior leaders will discuss the company’s strategy and operating performance during a conference call and webcast on Thursday, Dec. 12, at 5:00 p.m. Eastern Time. Investors, members of the news... Read more
26-Nov-2013Source: HeliHub.com
The Mil Helicopter Plant in Moscow is planning a significant expansion, although the numbers supplied by Rostec do not compute…. The announcment on Friday stated that Oboronprom may buy 8 million shares at a price of 504 roubles per share, equating to 4,032,000,000 roubles in total – this is $122.2M at today’s exchange rate. The... Read more
25-Nov-2013Source: Avincis & Babcock
HeliHub.com editor note – Below we reproduce the statements from Avincis and Babcock following the original article in the Sunday Times which HeliHub.com ran yesterday. There is a clear difference in these statements to the general media approach. Both statements refer to “Joint Venture” while the press are saying Babcock is seeking to buy Avincis for... Read more
24-Nov-2013Source: Sunday Times
Engineering company Babcock International – who run Devonport and Rosyth military dockyards in the UK – is in advanced talks on a blockbuster £1.5bn takeover of Avincis Group. See story ... Read more
21-Nov-2013Source: Airwork
Specialist aviation solutions provider Airwork Holdings Limited (Airwork) has registered a prospectus to raise up to $40 million and to seek a listing on the NZX Main Board. The Offer will comprise a maximum 15,384,616 new shares at $2.60 per share to New Zealand resident clients of brokers and to Institutional Investors. There will be... Read more
19-Nov-2013Source: CIRCOR
CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other highly engineered products for markets including oil & gas, power generation and aerospace, today announced that Rajeev Bhalla will join the Company as Executive Vice President and Chief Financial Officer on December 2, 2013. Mr. Bhalla currently is the Vice President and Chief... Read more
19-Nov-2013Source: HeliHub.com
Auckland aviation business Airwork is being tipped to announce plans to list on the share market on Wednesday 20th November. See full story From its website, Airwork describes itself thus:- Airwork began its operations out of Wellington in 1936 and over the past 76 years the company has adapted to meet this constantly evolving aviation... Read more
18-Nov-2013Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, announced today that it has entered into a definitive agreement to acquire Blue Hawaiian Helicopters and its affiliates (“Blue Hawaiian”), a helicopter tour operator based in Hawaii. Founded in 1985, Blue Hawaiian is one of the world’s largest aerial tour operators and is... Read more
18-Nov-2013Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, will host an Investor Day in New York City on Thursday, November 21, beginning at 8:30 a.m. and concluding at approximately 1:30 p.m. The company plans to highlight its partner Lider’s operations in Brazil and the country’s aviation growth... Read more
14-Nov-2013Source: 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 7, 2014 to shareholders of record on December 24, 2013. The payment, when made, will mark forty-four consecutive years of dividend payments by Kaman. About Kaman Corporation Kaman Corporation, founded... Read more
13-Nov-2013Source: HeliHub.com
After the first run of their AGM, Global Vectra Helicorp managed to complete the formal meeting on Tuesday 12th November according to a filing made with the Bombay Stock Exchange (BSE) made by company secretary Raakesh Soni. Previously, the company had made a short but telling update on the BSE website, with the understated title... Read more
12-Nov-2013Source: PHi
-PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended September 30, 2013. Operating revenues for the three months ended September 30, 2013 were $200.8 million, compared to $170.9 million for the three months ended September 30, 2012, an increase of $29.9 million. Consolidated net income for... Read more
12-Nov-2013Source: HNZ Group
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 14, 2014, March 14, 2014 and April15, 2014 to holders of record at the close of business January 31, 2014, February 28, 2014... Read more
11-Nov-2013Source: Ledcor Group
The Ledcor Group of Companies and Wood Buffalo Helicopters announced today that they have concluded an agreement in principle to merge their helicopter businesses and assets in Fort McMurray, Yellowknife and Terrace into a single operating entity, subject to regulatory approval. “We look forward to combining the talented and experienced teams of employees within Summit Helicopters and Wood Buffalo Helicopters... Read more
8-Nov-2013Source: HeliHub.com
In an extract from Bristow Group’s second quarter results (period to 30th September 2013), they state A charge of $0.5 million in costs associated with the planned closure of our Alaska operations which related primarily to employee severance and retention costs. We expect to incur approximately $3.5 million in additional costs related mostly to severance... Read more
8-Nov-2013Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM) reported results for the quarter ended September 30, 2013. Revenue increased 14% to $252.4 million from $221.3 million in the year-ago quarter. For the nine-month period, revenue increased 4% to $657.8 million, up from $634.6 million in the prior-year nine-month period. For the quarter, net income increased 28% to $35.6... Read more
8-Nov-2013Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) today reported net income for the September 2013 quarter of $110.6 million, or $3.01 per diluted share, compared to net income of $29.7 million, or $0.82 per diluted share, in the same period a year ago. The results for both the quarter and six-month period include a significant gain on the sale of the FB Entities, an unconsolidated U.K. affiliate, of $103.9... Read more
8-Nov-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated(NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services to a worldwide mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced third quarter 2013 financial results. Third Quarter and Recent Highlights Revenue... Read more
7-Nov-2013Source: Bristow Group
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 $0.25 per share of common stock issued and outstanding at the close of business on November 29, 2013 (the “Record Date”). The dividend will be payable on December 13, 2013 to stockholders of record... Read more
6-Nov-2013Source: Avia Solutions Group
Avia Solutions Group, a WSE listed global provider of one-stop-shop aviation business solutions, has announced about the recent acquisition of the controlling interest in the Lithuania-based helicopter maintenance organization Helisota. In the course of several takeover stages Avia Solutions Group will gain 96.2% of the company’s shares, some of them through acquiring directly from the... Read more
5-Nov-2013Source: Era Group
Era Group Inc , a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year 2013 third quarter after the market closes on Tuesday, November 12, 2013. In connection with the release, Era has scheduled a conference call for Wednesday, November 13, 2013, to begin at... Read more
31-Oct-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated(NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that it will release its earnings results for the third quarter of fiscal year 2013 ended September 30, 2013 on Thursday, November... Read more
31-Oct-2013Source: Air Methods
Air Methods Corporation (Nasdaq: AIRM) will report financial results for the third quarter ended September 30, 2013 after the close of the market on Thursday, November 7, 2013. The Company has scheduled a conference call for Thursday, November 7, 2013 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by... Read more
30-Oct-2013Source: HeliHub.com
Following the farcical abandonment of the first version of their Annual General Meeting on 26th September (see HeliHub.com article), Global Vectra today issued the following statement to the Bombay Stock Exchange: Global Vectra Helicorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 11, 2013, has... Read more
30-Oct-2013Source: Las Vegas Review Journal
AgustaWestland Philadelphia Corp., which leased the three Agusta helicopters to Heli USA, said that the tour company defaulted a year ago on the $32,000-a-month payments. Further, a company representative said Heli USA was not maintaining the helicopters correctly. See full story... Read more
29-Oct-2013
The Aerospace division report was as follows:- Sales were $150.7 million, a decrease of $0.6 million from sales of $151.3 million in the third quarter of 2012. Sales increased $26.3 million related to higher shipments of our JPF to foreign customers and the recognition of revenue under the SH-2G(I) contract with New Zealand. These increases... Read more
22-Oct-2013Source: HeliHub.com
Sikorsky parent company United Technologies has released their Third Quarter numbers. It shows Sikorsky turnover down 6.5% from $1.645B to $1.541B and profits down 21.7% from £203M to $159M. The full UTC unaudited financial statements for the quarter to 30th September 2013, and year to date, can be found here Ben Haverdee – HeliHub.com... Read more
15-Oct-2013Source: HeliHub.com
INAER, part of the Avincis Group, has sold its UK helicopter maintenance and component overhaul business to a management buy-out. Led by Managing Director Marc-Anton Corominas, the business will continue in its current form under the name Heliwork Services Ltd in the same premises at Thruxton Airport. The Heliwork name brings the operation round in a... Read more
14-Oct-2013Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the worldwide offshore energy industry, announced today it will release financial results for its fiscal year 2014 second quarter ended September 30, 2013, after the market closes on Thursday, November 7. In conjunction with the release, Bristow has scheduled a conference call, which will... Read more
11-Oct-2013Source: KKR
Weststar Aviation Services Sdn Bhd (“Weststar” or the “Company”) today announced that KKR, a leading global investment firm with more than US$83.5 billion in assets under management, has invested approximately RM642 million (US$200 million) for a substantial minority equity stake in the Company. This will be KKR’s first investment in Malaysia. Additional terms of the... Read more
10-Oct-2013Source: 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 paid on or before November 4, 2013, to stockholders of record as of the close of business on October 22, 2013. Future cash dividends will be subject to the... Read more
9-Oct-2013Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2013 results after the stock market closes on Monday, October 28, 2013, and host a live webcast and conference call at 8:30am ET on Tuesday, October 29, 2013. The call will be accessible by telephone at (877) 546-5018 and from outside the U.S.... Read more
6-Oct-2013Source: HeliHub.com
In a short but telling update on the Bombay Stock Exchange website, with the understated title of “Adjournment of AGM” is the following statement Global Vectra Helicorp Ltd has informed BSE that the 15th Annual General Meeting of the members of the Company which was held on September 27, 2013 had to be adjourned due... Read more
3-Oct-2013Source: Business Insider
The company notes in full-year accounts filed with Companies House, the grounding of the Eurocopter EC225’s “resulted in reduced flying activity and revenue and also additional non-recurring costs”. See full story... Read more
1-Oct-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), 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, the Erickson S-64 Aircrane, announced today that management will be presenting at the Deutsche Bank 21st Annual Leveraged Finance Conference in... Read more
25-Sep-2013Source: AAR
AAR (NYSE: AIR) today reported first quarter fiscal year 2014 consolidated sales of $514.5 million and net income of $17.9 million, or $0.45 per diluted share. For the first quarter of the prior fiscal year, the Company reported sales of $550.5 million and net income of $18.2 million, or $0.45 per diluted share. During the quarter, the Company generated $27.5 million in cash flow from operations and free... Read more
21-Sep-2013Source: HeliHub.com
Bristow Group SVP of Administration Hillary Ware exercised two tranches of share options in the last 10 days 11th September – 12,168 options exercised at $32.90 and 9,720 at $30.16 and sold together at $70.181 (SEC filing) 16th September – 8,331 options exercised at $32.90 and 24,288 and sold at $70.00 (SEC filing) This equates... Read more