14-Jun-2021Source: CMA
The Competition and Markets Authority (CMA) has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on CHC Group LLC, EEA Helicopter Operations B.V., CHC Scotia Limited, Babcock Mission Critical Services Offshore Limited, Babcock Offshore Services Australasia Pty Ltd, and Babcock Denmark A/S in relation to the acquisition by CHC Group... Read more
8-Jun-2021Source: NHV Group
NHV Group announced the appointment of Mr. Laurent Verhelst as Chief Financial Officer (‘CFO’). Mr. Verhelst will be a member of NHV’s Executive Committee reporting to CEO Steffen Bay. He will begin his employment mid-June 2021. Laurent Verhelst is a senior executive with a proven track record and deep financial expertise that stems from more... Read more
7-Jun-2021Source: HeliHub.com
A newly delivered AW139 had an accident during a night training flight last week which will likely lead to the aircraft being declared a write-off. Delivered new from the US production line in Philadelphia, PR-OTF was ferried between 10 and 17 April through to the Omni base at Macapa in north-east Brazil. A week later,... Read more
4-Jun-2021Source: OPITO
OPITO, the global safety and skills organisation for the energy industry, together with the OGUK Aviation Services Task Group, has launched new standards to ensure helicopter refuelling on offshore assets is consistently completed safely and effectively. The Helicopter Refuelling Initial Training and Workplace Competence Assessment Standards, which have been developed in collaboration with a cross-sector working group,... Read more
3-Jun-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) is investing in the next generation of offshore helicopter pilots with its latest sponsored UK cadet programme in partnership with Helicentre Aviation, designed to attract, train and retain the professional pilots of the future. Applications are now open for the programme, which will see four cadets chosen through a rigorous... Read more
5-Apr-2021Source: CAA
A new technical standard for ‘Terrain Awareness & Warning Systems’ fitted to helicopters operating offshore (Offshore HTAWS) has been published in Europe and North America. The upgrade will significantly enhance safety levels by increasing the warning time helicopter pilots receive of a potential impact by up to 600 per cent, affording flight crews a much... Read more
31-Mar-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) today announced changes to its executive leadership team structure that will help the Company capitalize on evolving market conditions and better position Bristow for long-term growth. The changes are effective April 1st, as the Company begins its new fiscal year. “As we continue to make progress on post-merger integration, we... Read more
24-Mar-2021Source: NHV
NHV Group, a leading provider of B2B helicopter services, today announced a new contract with PSE Kinsale Energy Ltd in support of its decommissioning operations in the Celtic Sea. The transfer flights towards the Stena Spey drilling rig, about 50 km off the south coast of Cork, are expected to start in April 2021 for... Read more
12-Mar-2021Source: HeliHub.com
HeliHub.com understands that Apache Corporation have invoked a 120-day termination clause on Bristow Helicopters for their contract to provide helicopters between Aberdeen and the Forties and Beryl fields. In this unusual move, Bristow will have flown 75% of the original five year contract, which started in September 2017. It also puts offshore operators on warning... Read more
11-Mar-2021Source: Babcock
Babcock, the aerospace and defence company, has entered into a conditional agreement for the sale of its Oil and Gas aviation business to CHC Group, LLC (CHC). The Oil and Gas business, which is part of the Group’s Aviation sector, provides offshore oil and gas crew transportation services in the UK, Denmark and Australia. It... Read more
19-Feb-2021Source: HeliHub.com
Nigerian operator Caverton Helicopters is moving into operations with Sikorsky S76D helicopters. This may be a response to the Bristow Helicopters flying eight S76Ds in their Nigerian fleet – the only location that the Houston-based global operator flies the D model on a regular basis. Caverton’s offshore operations have in recent years been based around... Read more
15-Feb-2021Source: Airbus
International energy group Shell has selected leading US offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico. The contract marks the entry into the oil and gas market of the H160 with a wealth of design features promising new levels of safety, comfort and schedule... Read more
4-Feb-2021Source: Babcock
Babcock has been awarded a contract extension to continue delivering a lifesaving Search and Rescue (SAR) service in support of the men and women working in the North Sea. The four-year extension – which follows a previous one-year extension – will see the contract for the Aberdeen-based operation, which was due to complete this April,... Read more
26-Jan-2021Source: CHC
CHC Helicopter has been awarded a contract to provide helicopter services by Vestas, for three offshore wind energy projects in the northern and southern North Sea. Flying out of Aberdeen and Humberside, a combination of Sikorsky S-92 and Leonardo AW139 aircraft will be used to support the projects. CHC, a world leader in helicopter transportation... Read more
13-Jan-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) today announced Fernando Quental has been appointed to the role of Brazil Area Manager, effective today. In this role, he will be responsible for all facets of Bristow’s operations in Brazil. Quental has more than 20 years of leadership experience in various industries, and he comes to Bristow from SGS... Read more
5-Jan-2021Source: HeliHub.com
Caverton Helicopters is heralding the arrival of their new Sikorsky S92 as the first operated by a Nigerian-owned operator. Evidently they are distinguishing themselves from US-based Bristow, who have operated S92s in the West African country for many years. The aircraft’s arrival also marks the first time that a helicopter shipped into the port has... Read more
24-Dec-2020Source: HeliHub.com
The team at HeliHub.com would like to wish all our readers a very Happy Christmas and we pray that 2021 sees us all with a more positive view ahead, and with the expectation of getting a COVID-19 vaccine very soon. Since HeliHub.com founder Jeremy Parkin launched the world’s first helicopter news website back in 1999, this... Read more
22-Dec-2020Source: Gazprom Neft
The most cutting-edge solutions for arranging flights under the harsh conditions of the Arctic have been deployed in building the heliport, which is equipped with a landing strip, apron, passenger service area complete with air-traffic control tower, and facilities-support buildings. The heliport is equipped with the latest radio and meteorological equipment, navigation and lighting systems. Up to 26 flights will leave for the... Read more
17-Dec-2020Source: Leonardo
Leonardo announced that WIKING Helikopter Service GmbH has taken delivery of a new AW139 7-tonne intermediate twin engine helicopter from Leonardo’s Vergiate facility, further expanding an existing fleet of three aircraft. The helicopter will be used to carry out offshore transport missions supporting energy industry operations in Northern Europe. WIKING has been an offshore transport... Read more
16-Dec-2020Source: Russian Helicopters
Russian Helicopters holding company (part of Rostec State Corporation) has started assembling the first prototype of Mi-171A3 offshore helicopter. Equipment for assembling the fuselage was put into operation at the Ulan-Ude Aviation Plant. Mi-171A3 comes with several significant upgrades when compared to Mi-171A2: a new airframe that integrates a crash-resistant fuel system into the cargo... Read more
14-Dec-2020Source: Energy Voice
Equinor has handed CHC an £85 million contract to provide flights from Stavanger airport to its Norwegian continental shelf platforms. CHC will provide crew change services in the southern part of the Norwegian North Sea, serving the Johan Sverdrup, Gina Krogh, Sleipner, Grane, Gudrun, Heimdal and Draupner fields, as well as drilling rigs in the... Read more
7-Dec-2020Source: HeliHub.com
The Danish parliament made two far-reaching decisions late last week. Firstly, to abandon the planned round of tenders for oil exploration, and secondly to stop all production from the Danish sector of the North Sea by 2050. The announcement included plans for a local initiative to support longer term development and employment in Esbjerg and... Read more
2-Dec-2020Source: Milestone
The Milestone Aviation Group Limited (“Milestone”), a GECAS company and the global leader in helicopter leasing, announces that it has recently delivered a Sikorsky S-92 helicopter to Caverton Helicopters Limited (“Caverton”). This marks the first S-92 to be operated by Caverton and the first to be operated by a wholly locally-owned African company. The deal... Read more
30-Nov-2020Source: HeliHub.com
One of the AW189 development aircraft was noted last week with a new feature at the rear of its fuselage. Leonardo have confirmed to HeliHub.com that they are test flying a “rear pod”, to provide additional storage/baggage capabilities of up to 7-10 bags. The kit is aimed at offshore operators, ) for the AW189 super medium,... Read more
6-Nov-2020Source: HeliHub.com
Offshore operator CHC yesterday positioned an Airbus H175 from Aberdeen to Den Helder in the Netherlands. This is for a contract with Petrogas Exploration & Production Netherlands for crew transport to/from Maersk Resilient for their drilling activities in the A / B block. The project is expected to last approximately 15 weeks. Jeremy Parkin –... Read more
2-Nov-2020
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
26-Oct-2020Source: Baker Hughes
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
20-Oct-2020Source: Vail Williams
Oil and gas helicopter service provider NHV Group has struck a deal to lease a 13,368 sq ft office and industrial unit next to Aberdeen airport. MOVING IN: NHV Group has sub-let the industrial unit at Dyce next to Aberdeen Airport from Survitec in a deal brokered by property consultancy Vail Williams LLP. The deal... Read more
19-Oct-2020Source: Baker Hughes
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
16-Oct-2020Source: Babcock
In August, Babcock won the long-term contract from CHC to transport Total workers to its central North Sea platforms. The US helicopter firm took a thinly-veiled swipe at Total over loss of the work, saying “unsustainable pricing, will ultimately see an end to future industry investment in technology, safety improvements and the next generation of... Read more
13-Oct-2020Source: HeliHub.com
HeliHub.com is now including weekly rig count data to its news feed. Supplied by Baker Hughes, the rig data is an important business barometer for the drilling industry and its suppliers – in our case, helicopter operations and all the support that goes with it. The active rig count acts as a leading indicator of demand... Read more
12-Oct-2020Source: Baker Hughes
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
5-Oct-2020Source: Airbus Helicopters
Milestone Aviation and Airbus Helicopters have agreed to include six H160s in Milestone’s orderbook. The helicopters will be destined for a range of missions including offshore transportation and emergency medical services, the first of which is set to deliver in 2023. “Today’s announcement will see us enhance our orderbook to include the H160 which we... Read more
5-Oct-2020Source: Baker Hughes
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
28-Sep-2020Source: Airbus Helicopters
Omni Taxi Aereo, Brazil’s leading oil and gas transport company and part of OMNI Helicopters International group (OHI), becomes the first operator to introduce the H175 in Brazil. The aircraft has arrived in Brazil, where it will perform cargo load and passenger transport missions for the country’s key oil and gas industry. “The H175 offers... Read more
28-Sep-2020Source: Baker Hughes
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
23-Sep-2020Source: LCI
LCI, a leading helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business. The vehicle has launched with the initial acquisition of 19 next generation helicopters with a value of US$230 million. SMFL and... Read more
21-Sep-2020Source: Baker Hughes
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly and the international rig count monthly. Baker Hughes... Read more
2-Sep-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the largest offshore helicopter operator in the world, announced today it will rename its Aeróleo division in Brazil to Bristow and remain focused on its support of the oil and gas industry and other vertical lift solutions. Bristow has been an integral part of the oil and gas industry in... Read more
28-Aug-2020Source: Schiebel
Schiebel, together with partner Nordic Unmanned, successfully demonstrated to Norwegian energy company Equinor the cargo delivery capability of its Unmanned Aerial Vehicle (UAV) CAMCOPTER® S-100 to offshore platform Troll A. This is a world’s first in terms of full-scale offshore UAV delivery from shore to an active oil and gas installation. The exercise simulated the... Read more
6-Aug-2020Source: OPEIU
More than 150 helicopter pilots and mechanics represented by the Office and Professional Employees International Union (OPEIU) Locals 107 and 407 at Bristow Helicopters are shocked by the company’s unilateral decision, announced Wednesday afternoon, to close two Louisiana facilities in both New Iberia and Galliano, resulting in the loss of more than 350 good-paying, family-sustaining jobs. In June, Bristow completed a... Read more
4-Aug-2020Source: BusinessDay
Members of NAAPE who were present during at the airport told local news source BusinessDay that the strike will continue until Bristow agrees to review some of its discriminatory policies against Nigerian workers and treat them equally with its expatriate staff. – see full story... Read more
3-Aug-2020Source: Babcock
Babcock has secured two new five-year contracts in the UK and Denmark to provide energy major Total with helicopter transport in the North Sea. The contracts, which were won in a competitive tender, will see Babcock’s Offshore business operate a mix of S-92 and H175 helicopters for Total in the UK. Flights from Aberdeen will... Read more
31-Jul-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), one of the largest helicopter operators in the world, today announced it will release financial results for its first quarter for fiscal year 2021 after the market closes on Thursday, August 6, 2020. In connection with the release, Bristow has scheduled a conference call for Friday, August 7, 2020 to begin at 10 a.m. ET (9... Read more
19-Jun-2020Source: ITP Aero
ITP Aero has signed a contract with CHC Helicopter to provide comprehensive support for its fleet of CT7-8A and CT7-2E1 engines that are flown in its Sikorsky S-92 and Leonardo AW189 helicopters. The contract spans five years and work will be carried out at ITP Aero’s Albacete and Ajalvir facilities in Spain. The contract includes... Read more
16-Jun-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), one of the largest helicopter operators in the world, will present a virtual presentation at the J.P. Morgan Energy, Power & Renewables Conference held on June 16-17, 2020. Bristow’s President and Chief Executive Officer, Chris Bradshaw, will present on Wednesday, June 17, 2020 at 5:00 p.m. ET and participate in... Read more
15-Jun-2020Source: NHV
NHV Group, a leading provider of B2B helicopter services, today announced it has signed a five-year contract extension with Ithaca Energy (UK) Limited, providing aviation services to the Ithaca Energy Group’s operated FPF-1 installation, Alba, Captain and Erskine fields in the Scottish North Sea. The extension covers seven-day-a-week coverage and will start in January 2021.... Read more
11-Jun-2020Source: Bristow
Bristow Group Inc. (NYSE:VTOL) and Era Group Inc. (“Era”) announced today that they have completed their combination (the “Merger”), creating a financially stronger company with enhanced size and diversification. The newly combined company will use the Bristow Group name (“Bristow”) and will remain a publicly traded company on the New York Stock Exchange. The newly combined company’s common... Read more
5-May-2020Source: HeliHub.com
NHV Group today announced a new long-term contract with Spirit Energy to provide passenger transfer services in support of their East Irish Sea operations. The operations are expected to start in December 2020, and will be based at Blackpool (UK). The contract is currently flown by Babcock MCS Offshore. Spirit Energy has a group of... Read more
9-Apr-2020Source: offshoreWIND.biz
Northern HeliCopter GmbH has won a contract to provide rescue services for the Riffgat and Alpha Ventus offshore wind farms in Germany. See Full Story.... Read more
8-Apr-2020Source: HeliHub.com
Offshore operator CHC has produced an adaption for their offshore AW139s in the Netherlands to provide a safety screen between the pilots and the passengers during the COVID19 pandemic. Quinten Hergaarden, Deputy Accountable Manager at CHC Helicopters Netherlands spoke with HeliHub.com to explain the project further. With the AW139 cabin reduced from 12 to 8 passengers (for... Read more
6-Mar-2020Source: HeliHub.com
Babcock MCS Offshore have won a significant new five-year shared contract with three oil and gas operators for helicopter transport in the northern North Sea. The contract will initially see Babcock operate over 100 helicopter flights each month from Sumburgh in Shetland, on behalf of CNR International, EnQuest and TAQA under a collaborative agreement. Flights... Read more
14-Feb-2020Source: HeliHub.com
British based Babcock International Group has put out a Trading Update this week which paints a very mixed situation for its Aviation division. From the full statement below we note implementing improvement and restructuring programmes £85 million write down on assets and leases in our oil and gas business Good trading performance in UK and international... Read more
12-Feb-2020Source: HeliHub.com
Pawan Hans have announced that Sanjeev Razdan has been appointed as the chairman and managing director (CMD). Razdan is at present general manager at the operator, the largest in India, and has been appointed as the CMD for a five-year tenure. Pawan Hans is owned by the Indian Government, 49% by the state-owned Oil & Natural Gas Corporation... Read more
11-Feb-2020Source: Bristow Group
Bristow Group Inc. today announced extensions to two contracts with ConocoPhillips to support its air transportation crew change and shuttle/search and rescue (SAR) services for the Greater Ekofisk Area in the North Sea. Bristow has been ConocoPhillips’s aviation partner for more than 20 years. The current two contracts started September 1, 2014 and the extension... Read more
29-Jan-2020Source: Bell
During HAI 2020, Bell announced their collaboration with Norwegian oil and gas operator, Wintershall Dea Norge AS, to bring enhanced helicopter operational safety to the North Sea. “Wintershall Dea is a pioneer in their industry and working together with Bell, we believe we will challenge industry norms and create a new standard of innovation in... Read more
28-Jan-2020Source: Heli-One
Heli-One, a leading provider of helicopter maintenance, repair, and overhaul (MRO) services, has developed several new H225 modifications for HEMS purpose. The modifications are a modular medical equipment wall and stretcher installation. These modifications support HEMS teams with improved flexibility and efficiency while maintaining patient and crew safety. Updated Medical Wall This is the third... Read more
28-Jan-2020Source: HeliOffshore
The Safety and Aviation Committee of the International Association of Oil and Gas Producers (IOGP) endorsed plans for a new aviation-focused Joint Industry Project (JIP) to fund work in support of its Project Safira goal of eliminating fatalities from the upstream energy business. The JIP will result in fresh investment of approximately £500,000 in the... Read more
28-Jan-2020Source: Sikorsky
Sikorsky, a Lockheed Martin company (NYSE: LMT), announced today it is accepting position agreements for upgrades to the best-in-class S-92 helicopter: the S-92A+™ and the S-92B™ helicopters. The announcement at the annual Helicopter Association International (HAI) Heli Expo demonstrates continued investment in and commitment to commercial helicopter operators and customers. “We are excited to offer... Read more
28-Jan-2020Source: HeliOffshore
On Monday 27th January, 2020 HeliOffshore announced the appointment of Keith Mullett to HeliOffshore’s board of directors. Keith Mullet is President of PHI International and acting President of PHI Americas. He has been President of PHI International since the acquisition of HNZ by PHI in December of 2017. Before that, he was the Executive Vice... Read more
24-Jan-2020Source: Bristow Group
Letter posted by Bristow Group as an official filing with the US SEC (Securities and Exchange Commission), written by L. Don Miller, President and Chief Executive Officer.:- Dear Colleagues, Today is an important day in the life of Bristow as we continue to position our global company for long term success. It is with great enthusiasm... Read more
10-Jan-2020
At one time, Bristow Group had a total of 22 Airbus H175s on order. Here’s the timeline of the announcements 2013 – an initial order of “up to 12”, which turned out to be 5 when you read the 2015 release 2015 – increased by 12 in 2015, a further five were then added in 2017 –... Read more
30-Dec-2019Source: HeliHub.com
Since the introduction of the Sikorsky S92 from its FAA certification in 2002, the only airframes to be withdrawn from service have been as a consequence of an accident. Until now. CHC in the UK have retired serial number 920024, which the UK Civil Aviation Authority recorded in February 2019 as having 12,024 hours on... Read more
23-Dec-2019Source: HeliHub.com
The team at HeliHub.com would like to wish all our readers a very Happy Christmas and a prosperous 2020. This is the time of the year we celebrate the birth of Jesus, and we trust many of our readers will take time to consider what that means to the world, perhaps through attending a church... Read more
2-Dec-2019Source: Babcock Offshore
Babcock Offshore has confirmed a new three-year contract to provide the expanding UK-based Oil and Gas company Serica Energy with offshore helicopter crew transport services. The contract was awarded after a competitive tender and will see Babcock transport Serica Energy passengers to and from the company’s Bruce complex in the North Sea, 340 km north... Read more
30-Oct-2019Source: Robert Swan
The Belgian NHV Group announced on Monday 28th October that it had been granted a UK Air Operator’s Certificate (AOC) for its offshore operations from the UK. Six of the fleet of helicopters already based at Norwich and Aberdeen-Dyce had been re-registered from the Belgian register to NHV Helicopters Ltd on the British register by... Read more
28-Oct-2019Source: NHV
NHV Group, a leading provider of B2B helicopter services, today announced that it has gained an Air Operator Certificate (AOC) by the UK Civil Aviation Authority (CAA). With this AOC, NHV again confirms its intention to strengthen its position in the UK offshore helicopter segment. The Group has currently inducted 7 aircraft under its UK... Read more
27-Sep-2019Source: Jones Bros Civil Engineering UK
A leading civil engineering company has finished work on a heliport base linked to the world’s largest offshore wind farm. Jones Bros Civil Engineering UK designed and built the £4.2m heliport base in Barrow-in-Furness, which will enable helicopters to transport technicians to and from the Walney Extension offshore wind farm project. Walney Extension became the... Read more
25-Sep-2019Source: Hindustan Times
At a time when loss-making Pawan Hans is in the process of being privatised, the helicopter company has issued a notice inviting applicants for the post of its chairman and managing director (CMD) See full story... Read more
29-Aug-2019Source: NHV
The NHV Group today announced a new long-term contract to provide helicopter services for Petrofac. Initially, under the new four year agreement, four crew change flights per week will depart from NHV’s base in Aberdeen to the FPF1 floating production facility using H175 helicopters. The state-of-the-art H175 aircraft, an Airbus Helicopter’s Super Medium type is... Read more
22-Aug-2019Source: Omni Táxi Aéreo
During the Labace event, which occurred from August 13th to 15th, Omni was awarded by Leonardo Helicopters, one of the world’s leading helicopter manufacturers, for the historic performance of the most distant flight ever made from the Brazilian coast. This flight was performed by a Leonardo Helicopters aircraft, model AW189 (using a belly tank), to... Read more
13-May-2019Source: Bristow Group
Bristow took the unusual step of announcing this on a Saturday:- Bristow Group Inc. (NYSE: BRS) (“Bristow” or the “Company”) today announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court” or “the Court”). Bristow intends to use the proceedings to restructure and... Read more
30-Apr-2019Source: HeliHub.com
India’s largest helicopter operator, Pawan Hans, is in a financial crisis and unable to pay employee salaries for April. The company reportedly sent a circular sent to employees on Thursday saying that the company is facing “an uncomfortable financial position”. It is also the time of year that salary levels are historically reviewed, according to... Read more
5-Apr-2019Source: NHV
The NHV Group announced a new long-term contract with Premier Oil to provide helicopter services to their North Sea assets. Daily flights with the H175 will depart from NHV’s base in Aberdeen for a period of 5 years. To further optimize its service, NHV will add another brand new H175 to its fleet in Aberdeen.... Read more
20-Mar-2019Source: PHI
PHI, Inc. (Nasdaq: PHII (voting); PHIIK (non-voting)) today reported financial results for the year ended December 31, 2018. PHI, Inc (the “Company”) today announced a net loss from continuing operations for the year ended December 31, 2018 of $141.5 million, or $8.95 per share, on revenue of $674.4 million. This compares to a net gain... Read more
