5-Jan-2018Source: HNZ
HNZ Group Inc. (TSX: HNZ) (“HNZ” or the “Corporation”) and PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) (“PHI”) announced today that they have completed the previously announced statutory plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement”) involving the acquisition by Don Wall, the Corporation’s President... Read more
3-Jan-2018Source: Crown Capital Partners
Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $8.0 million term loan (the “Agreement”) with Canadian Helicopters Limited (“Canadian Helicopters”), which is part of the HNZ Group of Companies (“HNZ”) (TSX: HNZ), an international provider of helicopter transportation and... Read more
4-Sep-2017Source: HNZ Group
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
18-Aug-2017Source: HNZ
Revenue was $56.4 million in the second quarter of 2017, a decrease of $0.9 million compared to $57.3 million a year ago. This variation is mostly explained by a decrease in onshore revenue and ancillary revenue, partially offset by an increase in offshore revenue. The Corporation flew 10,725 hours compared to 11,557 hours in the second quarter of 2016, a decrease... Read more
7-Jul-2017Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation” or “HNZ”) announced today that the operations carried out by Norsk Helikopterservice AS (“Norsk”), a Norwegian entity in which the Corporation holds a 49.9% interest, ceased on June 30, 2017. “Norsk has encountered various challenges in the Norwegian market, and our investment in Norsk has not performed as... Read more
16-May-2017Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation”) announced today that the board of directors of the Corporation (the “Board”) has approved amendments to its stock option plan (the “Option Plan”). The amendments have been proposed to address issues raised by certain shareholders in the course of their review of the matters to be voted on... Read more
15-May-2017Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation”) will release its results for the first quarter ended March 31, 2017 on Thursday, May 11, 2017, after market close. The HNZ Group Inc. conference call will take place Friday, May 12, 2017 at 2:00 pm (ET) to review the financial results. To participate in this conference call,... Read more
12-May-2017Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today that it has been awarded contracts by INPEX Operations Australia Pty Ltd (“INPEX”) and Shell Australia Pty Ltd (“Shell”), to provide offshore search and rescue services for the INPEX-led Ichthys LNG Project and the Shell-led Prelude... Read more
17-Mar-2017Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation”), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the fourth quarter and fiscal year ended December 31, 2016. Financial Highlights Quarters ended December 31, Fiscal years ended December 31, (in thousands of dollars, except per share data) 2016... Read more
14-Mar-2017Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today it has secured a new, multi-year contract to provide helicopter services to support ExxonMobil Canada and Encana Corporation’s activities offshore Nova Scotia, Canada. “We are pleased to have been awarded this contract and look forward to... Read more
13-Feb-2017Source: HeliHub.com
HNZ Group has recently received the first two of four Sikorsky S-92A Helibus helicopters from PHI. The two aircraft will be kept at Broome, Western Australia. The four helicopters will be leased from PHI for five years, starting in April, in support of Ichthys LNG Project, reports Aviation WA.... Read more
6-Dec-2016Source: HNZ Group
HNZ Group Inc. (TSX: HNZ) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today that it has entered into a joint venture with PHI, Inc. (“PHI”) to provide offshore helicopter transportation services for the INPEX-led Ichthys LNG Project. INPEX is Japan’s largest oil and gas exploration and production company, and... Read more
13-Oct-2016Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a lease agreement with HNZ Group (“HNZ”), an international provider of helicopter transportation and related support services, for one Leonardo AW139 helicopter previously operated by CHC, which will go on long-term lease in support of oil and... Read more
9-Mar-2016Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation” or “HNZ”), an international provider of helicopter transportation and related support services, announced today it has enhanced its presence North of 60 through the creation of Acasta HeliFlight Inc. (“Acasta”). Acasta will be based in Yellowknife, NWT and provide specialized Northern Canadian VFR helicopter transportation services across... Read more
12-Nov-2015Source: Research and Markets
(http://www.researchandmarkets.com/research/c6rwkv/global_offshore) has announced the addition of the “Global Offshore Helicopters Outlook to 2020 – Market Analysis by Geography, Helicopter Class (Medium, Heavy, Light), Competitive Landscape, Key Company Information – Growth Trends and Forecasts” report to their offering. It is estimated that by 2050, world population will reach nine billion with most of the growth occurring... Read more
28-Aug-2015Source: HNZ Group
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
2-Jun-2015Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today it has acquired an interest in Norsk Helikopterservice AS (“NHS”), an offshore helicopter provider based in Stavanger, Norway through a combination of common shares,representing a 49.9% voting and equity interest in NHS, and convertible debt.... Read more
19-May-2015Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today that Robert Lafleur, Vice President and Chief Financial Officer of HNZ Group, will retire effective September 30, 2015. Mr. Lafleur joined HNZ in 2002. He served as Director of Financial Services until June 2006, when... Read more
9-Mar-2015Source: FRASCA
FRASCA International, Inc, Urbana, IL has contracted with HNZ Group Inc. Montreal, Canada for the supply of an AS350 Level 7 Flight Training Device. The FTD will be convertible between three different configurations of the aircraft including the AS350B2 analog instrument panel, the AS350B2 VEMD instrument panel and the AS350B3e VEMD instrument panel. This will... Read more
4-Mar-2015Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, is pleased to announce that it has entered into an agreement to purchase a state-of-the-art Airbus Helicopters AS350 B2/B3E Level 7 Flight Training Device (“FTD”) from Frasca International, Inc. (“Frasca”). The FTD is to be housed at... Read more
27-Jan-2015Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, is pleased to announce that it has been awarded a contract by Shell Canada Energy (“Shell”) to provide offshore personnel and cargo transport, medevac and search and rescue services from Halifax, Nova Scotia, Canada. The services will... Read more
21-Oct-2014Source: Bell
Bell Helicopter, a Textron Inc. company, (NYSE: TXT), announced it has approved HNZ Topflight (HNZ) as an Approved Flight Training Center for the purpose of offering Mountain Flight Training Courses on Bell Helicopter models. “HNZ is a very well-regarded training organization, well-known for its mountain flight training” said Ray Lamas, general manager, Global Customer Training... Read more
1-Apr-2014Source: HNZ Group
HNZ Group Inc. (TSX: HNZ.A HNZ.B) (the “Corporation”), an international provider of helicopter transportation and related support services, is pleased to announce that Mr.Laurence (“Larry”) Murphy has agreed to join the board of directors of the Corporation (the “Board”). Mr. Murphy has over 40 years of experience working with international oil and gas and engineering companies, in... Read more
20-Mar-2014Source: HNZ Group
• Revenue of $255.1 million, versus $256.0 million last year • EBITDA of $76.7 million or 30.1% compared to $77.5 million or 30.3% a year ago • Net income of $19.9 million or $1.52 per share due to a Q3 non-cash goodwill impairment charge of $23.5 million or net income before goodwill impairment charge totaling... 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
5-Nov-2013Source: HNZ
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (“HNZ Group”), an international provider of helicopter transportation and related support services, announced today that the United StatesTransportation Command (“USTRANSCOM”) has exercised contract and option extensions, subject to funding, to extend its two outstanding contracts for work in Afghanistan involving the movement of supplies and passengers for the U.S. Department of Defense.... Read more
29-May-2013Source: Donaldson’s Aerospace & Defense Group
Helicopters New Zealand has selected Donaldson Aerospace & Defense’s Inlet Barrier Filters (IBFs) to protect the engines of three new AgustaWestland AW109SPs it purchased to fly around-the-clock transfers of marine pilots for iron-ore freighters serving ports on Australia’s hot northwestern coast. Helicopters New Zealand chose the Donaldson IBFs, the only filtration system certified for installation... Read more
15-May-2013Source: HNZ Group
The Corporation generated revenue of $54.2million, compared with revenue of $62.5million in the first quarter of 2012. This net decrease is mainly due to the completion of the Ornge contract in the first quarter of 2012 and a decrease in revenues from the northern and southern hemisphere markets due to the current challenging economy. The... Read more
15-May-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 August 15, 2013,September 13, 2013 and October 15, 2013 to holders of record at the close of business July 31, 2013, August 30, 2013 and September... Read more
1-May-2013Source: HNZ
After collating all the statistics from their operations world-wide, HNZ Global have been celebrating a completely accident free 2012. Flying more than 65,000 hours in mostly specialized ‘niche’ helicopter operations all around the world, the “clean slate” represents a remarkable effort, especially for such a large and diverse organization. “Operating in both the utility market... Read more
28-Mar-2013Source: HNZ Group Inc.
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (“the Corporation”), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the fourth quarter and fiscal year ended December 30, 2012. FOURTH QUARTER RESULTS The Corporation generated revenue of $60.7 million, compared with revenue of $68.7 million in the fourth... Read more
28-Mar-2013Source: HNZ Group Inc
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 May 15, 2013, June 14, 2013 and July 15, 2013 to holders of record at the close of business April 30, 2013, May... Read more
16-Jan-2013Source: HNZ Group
The first of three brand new AW109SP’s direct from their Italian factory is airborne at Jandakot WA in final preparation for its end user delivery flight to the remote north-west. The state-of-the-art helicopter is expected to make its way north in late January. Ship number one of three, arrived by sea at Fremantle and was... Read more
26-Nov-2012Source: HNZ Group
HNZ Group Inc has confirmed it will establish an internationally-recognised advanced helicopter training school in Nelson. The announcement was made at HNZ Group Inc’s Nelson headquarters this morning by the company’s international Board, in the presence of the New Zealand Prime Minister, Nelson MP Nick Smith, and Canadian High Commissioner Caroline Chretien. HNZ Group Inc... Read more
13-Nov-2012Source: HNZ Group
HNZ Group Inc. (TSX: HNZ.A, HNZ.B) (“the Company”), an international provider of helicopter transportation and related support services, today announced its financial and operating results for the third quarter ended September 30, 2012. THIRD QUARTER RESULTS The Company generated revenue of $70.0 million, compared with revenue of $85.4 million in the third quarter of 2011.... Read more
13-Nov-2012Source: HNZ Group
HNZ Group Inc. (“HNZ”) (TSX: HNZ.A, HNZ.B) announced today that its Board of Directors has declaredmonthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of February 15, 2013, March 15, 2013 and April 15, 2013 to holders of record at the close of business January 31, 2013, February 28, 2013... Read more
24-Sep-2012Source: HNZ Group
Canadian Helicopters Group Inc. (TSX: CHL.A, CHL.B), an international provider of helicopter transportation and related support services, announced today that, further to its news release dated May 14, 2012, the change of its name to HNZ Group Inc. (the “Companyâ€), as approved by its shareholders at its annual meeting on May 11, 2012, will be... Read more
27-Jun-2012Source: Canada.com
Canadian Helicopters is relocating to the Edmonton International Airport when its City Centre Airport lease expires in September (see full story)... Read more
