26-Oct-2016Source: EASA
EASA’s Annual Safety Conference is taking place next week on 25-26 October in Bratislava. The topic of this year’s conference is: New technologies and new business models: meeting the expectations of a changing aviation industry. You can follow the 2016 EASA Annual Safety Conference live via web streaming or on demand! View full broadcast program... Read more
25-Oct-2016Source: HeliHub.com
During a protest this Sunday at a North Dakota pipeline construction site, an unmanned drone was shot down after it “came after” a law-enforcement helicopter. The drone, which was operated by one of the protesting activists, put helicopter passengers in fear for their lives reports Washington Times. Due to it’s proximity to a manned aircraft,... Read more
12-Oct-2016Source: Allan Blake
It must have been with some trepidation that Airbus anticipated attending Helitech this year. For the second time in three years their flagship offshore helicopter, the H225 along with the AS332L2, had been grounded following a tragic accident in Norway on 29th April 2016, leading to an idle fleet of 111 H225s and over $3billion... Read more
11-Oct-2016Source: Allan Blake
The 66 page Statoil Report into helicopter safety following the Norwegian H225 accident in April 2016 makes some telling comments on the retrenchment by oil and gas operators and the impact on helicopter operators. The investigation team of eight internal Statoil staff and one external member of the Norwegian military met with and interviewed 80... Read more
7-Oct-2016Source: EASA
On 7 October 2016 the decision to lift the temporary flight suspension of the Super Puma EC225 LP and AS332 L2 helicopters from Airbus Helicopters put in place on 2 June 2016 following the crash of an EC225 LP helicopter in Norway on 29 April 2016. The set of very stringent protective measures which enable the... Read more
7-Oct-2016Source: CAA
Following the release today by the European Aviation Safety Agency (EASA) of proposals to allow the return to service of Airbus Helicopters’ Super Puma EC225LP and AS332L2, the UK Civil Aviation Authority has confirmed that its existing restriction, prohibiting all commercial flying of this type by UK operators, is to remain in place. The Super... Read more
7-Oct-2016Source: NCAA
{electronic translation} CAA has, like the British Civil Aviation Authority determined that there is still a flight ban for helicopter types EC225LP and AS332L2 until further notice. This decision follows after Europe’s Aviation Safety Agency EASA today decided to again permit the use of Airbus helicopters EC225LP and AS332L2 Super Puma. The ban on flights... Read more
7-Oct-2016Source: HeliHub.com
Choppair has been issued to pay Emma Bobridge, the pilot of the Bell Helicopter that crashed in 2013, a sum of over $200 000. Emma Bobridge reported negligence by Choppair, she claimed that it felt that her right skid was stuck on the landing mat during take-off. Company Director Micheal Van Der Zypp countered her... Read more
3-Oct-2016Source: Safe Flight
Safe Flight Instrument Corporation of White Plains, NY received the Safety Award from the Eastern Region Helicopter Council (ERHC) for its Powerline Detection System for helicopters. The award is in recognition of Safe Flight’s innovative life-saving products and for its 70-year commitment to making flying safer. “ERHC salutes Safe Flight for developing innovative safety products,... Read more
3-Oct-2016Source: Helitech International
From advanced oil rig inspection to aerial search and rescue missions, the rise of unmanned aerial vehicle (UAV) use is allowing businesses to utilise new technology across a range of industries on a scale not previously possible. With the UAV market estimated to be worth $5.5bn by 2020[1] there are many opportunities available to rotorcraft... Read more
3-Oct-2016Source: Allan Blake
Helitech 2016 in Amsterdam, October 11-13, is taking place at a critical moment for the offshore helicopter industry: • The industry has been shocked by a series of accidents including the second and continuing grounding within three years of about 180 large offshore helicopters (H225 and AS332L2) following the tragic H225 accident in Norway; • ... Read more
26-Sep-2016Source: Energy Voice
An internal investigation by oil company Statoil into the cause of the CHC EC225 crash on 29th April 2016, which killed 13 people, has warned safety must not be compromised as operators focus on cost savings. The company has published a report into the incident, the worst helicopter disaster on the Norwegian Continental Shelf since... Read more
26-Sep-2016
All six occupants died when the helicopter crashed en route to a Chevron oil platform off the Angolan coast. The helicopter left Malongo port in Angola’s Cabinda province on Monday at 1523 local time to make the short journey to the Tombua-Landana offshore oil platform but never arrived.... Read more
21-Sep-2016Source: Bird Control Group
Effective bird control is essential to ensure aviation safety. New awareness for the risk of bird strikes in aviation is being raised by the release of motion picture “Sully: The Untold Story of the Miracle on the Hudson”. Wildlife strikes are relatively infrequent, only 3 percent of the strikes results in aircraft damage and less... Read more
20-Sep-2016Source: USI
The Unmanned Safety Institute, a professional organization dedicated to the safe and responsible integration of Unmanned Aircraft Systems (UAS) into the U.S. National Airspace System, today announced a joint partnership with the Fraternal Order of Police (FOP) to provide innovative training on the safety and security of UAS to the law enforcement community throughout the... Read more
16-Sep-2016Source: USHST
The United States Helicopter Safety Team (www.ushst.org) has completed a comprehensive analysis of U.S. fatal accidents that occurred from 2009 to 2013. The data will be used to develop specific intervention recommendations to support further accident reductions. Out of 104 fatal accidents that took place during the five-year span, 50 percent of them stemmed from... Read more
16-Sep-2016Source: EASA
The 2016 European Aviation Safety Agency’s Annual Conference takes place 25 and 26 October 2016 in Bratislava, Slovakia, coinciding with the country’s Presidency of the Council of the EU. The conference focuses on the topics of future technologies and innovative business models, covering all aviation domains, including aircraft manufacturing, aircraft operations and Air Traffic Management.... Read more
12-Sep-2016Source: Precise Flight
Airbus Helicopters, Inc. and Precise Flight, Inc. announced today that they have entered into a supply agreement for the Pulselite® Bird Strike Prevention System which will be offered as an option on all Airbus Helicopters models marketed in the United States. The Pulselite® System is an FAA certified lightweight electrical system controller that alternately pulses... Read more
9-Sep-2016Source: AAIB
The monthly bulletin from the Air Accidents Investigation Branch has been released. This month’s issue covers the accident(s) of:- Guimbal Cabri G2 (G-CILU), main rotors struck the ground, Cotswold (Kemble) Airport, Gloucestershire, 29 June 2016... Read more
8-Sep-2016Source: HAI
HAI President and CEO Matthew S. Zuccaro today called the launch of the FAA’s Drone Advisory Committee (DAC) “a major step forward in bringing together the appropriate stakeholders to assist the Department of Transportation and FAA in developing and implementing this exciting new aviation technology.” Named as a DAC member in an Aug. 31 announcement,... Read more
6-Sep-2016Source: FAA
The FAA Rotorcraft Directorate will host its second International Rotorcraft Safety Conference, building on the success of last year’s conference. The conference’s goal is to reduce the national helicopter accident rate. The free event will be held October 25-27 at the Hurst Conference Center near Ft. Worth, Texas. The target audience is rotorcraft pilots, mechanics,... Read more
5-Sep-2016Source: IHST
International Helicopter Safety Team (IHST) is looking for some assistance in circulating a survey they are conducting. It is a short 8-question online survey for which IHST is attempting to assess their impact and success in the helicopter industry. Please complete this quick survey to help them. Many thanks Link to Survey: http://ihst.org/Default.aspx?tabid=2593 ... Read more
2-Sep-2016Source: Era
Era Group, has announced that David Zaworski has been appointed Director of Safety and Compliance. With over seventeen years of experience in the aviation industry, Mr. Zaworski rejoins Era to oversee the company’s commitment to maintain the highest safety standards. Era’s President and Chief Executive Officer, Chris Bradshaw says, “David brings a wealth of industry... Read more
24-Aug-2016Source: HeliOffshore
We are thrilled to share that the global collaboration of HeliOffshore members was recognised yesterday at an award ceremony in Aberdeen. Russ Gould from Bristow Group and Malcolm Garrington from CHC Helicopter took the ‘Sharing & Learning’ award for the Health & Usage Monitoring System Best Practice Guidance. They accepted the award on behalf of... Read more
19-Aug-2016Source: Allan Blake
In an article published on 6th July 2016, “Future of H225 compounded by HUMS investigation remark”, I concluded that “The CHC Chapter 11 process has a long way to run yet. The outcome for the offshore helicopter market will be significant as strategies for his large fleet emerge from the affected lessors; all of them... Read more
18-Aug-2016Source: HAI
HAI Chief Operating Officer Edward F. DiCampli met with the the U.S. Helicopter Safety Team Executive Committee and more than 50 other team members in Denver July 10-11. The U.S. Helicopter Safety Team has an impressive cross-section of industry professionals from the government, helicopter operators, educators, manufacturers, and associations dedicated to improving safety. The highlight... Read more
16-Aug-2016Source: EASA
EASA published a set of proposals to the European Commission for an update of the rules concerning pilots’ medical fitness, as part of its Action Plan following the Germanwings Flight 9525 accident. These rules are contained in so-called Part-MED, which covers aviation safety rules related to the medical aspect and fitness of aircrews. Released in... Read more
15-Aug-2016Source: FAA
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) today announced that Indonesia complies with International Civil Aviation Organization (ICAO) safety standards and has been granted a Category 1 rating. The FAA first assessed Indonesia’s civil aviation authority in September 1997 and found it in compliance with ICAO standards and then lowered the rating from... Read more
14-Aug-2016Source: AAIB
The monthly bulletin from the Air Accidents Investigation Branch has been released. This month’s issue does not refer to any helicopters and this update is included in HeliHub.com for completeness... Read more
10-Aug-2016Source: BGA
Following a number of recent incidents that have compromised safety when aircraft over-flying glider sites have come into close proximity with winch-launching gliders, the UK Airprox Board (UKAB) and the British Gliding Association (BGA) seek to remind pilots about the dangers of over-flying gliding sites, especially as the summer months mean much greater gliding activity... Read more
10-Aug-2016Source: EASA
The 10th EASA Rotorcraft Symposium will be held on 6-7 December at the new European Aviation Safety Agency’s Headquarters in Cologne, Germany. The forum will include speakers from Authorities, Industry, Operators and researchers. EASA have indicated that if you want to be part of the European forum for the rotary wing community, you should fill... Read more
9-Aug-2016Source: HAI
Recently I was briefing the HAI Safety Committee on HAI’s Land & LIVE program, also known as our Land the Damn Helicopter initiative. As most of you know, the program promotes a pilot’s responsibility to make a precautionary landing when the flight is not going well. This could be because of deteriorating weather, aircraft systems... Read more
5-Aug-2016Source: USHST
Safety experts from the U.S. Helicopter Safety Team (www.USHST.org) will be participating on Oct. 25-27 in the Federal Aviation Administration’s International Rotorcraft Safety Conference in Fort Worth, TX. The free conference (www.faahelisafety.org) gathers together rotorcraft pilots, mechanics, small company owners, industry executives, helicopter operators, students and government regulators from the United States and abroad. USHST... Read more
31-Jul-2016Source: FAA
Speaking before a diverse general aviation audience at the EAA AirVenture air show in Oshkosh, Wisconsin, FAA Administrator Michael Huerta underscored the importance of government and industry collaboration and highlighted a number of initiatives that are making general aviation safer and more efficient. “The passion that drives pilots to fly here, year after year, is... Read more
26-Jul-2016Source: Airbus
Baltimore County (Md.) Police Department’s Aviation Team began operations in 1983 with a small Cessna aircraft that it leased for $1 a year. Today, the elite team responds to some 5,000 calls a year using its fleet of three Airbus Helicopters H125 AStars, the most widely purchased helicopter by U.S. law enforcement agencies. Airbus Helicopters... Read more
21-Jul-2016Source: AAIB
The monthly bulletin from the Air Accidents Investigation Branch has been released. This month’s issue does not refer to any helicopters and this update is included in HeliHub.com for completeness... Read more
20-Jul-2016Source: Paradise
Paradise is the first helicopter company to provide air tours, charters and inter-island transits to the Ko Olina area, home of the Four Seasons Resort Oahu and Aulani, a Disney Resort & Spa, via the Kalaeloa Airport, a short shuttle ride away. The 90-minute tour, which is the only flight to take guests on a... Read more
14-Jul-2016Source: HeliHub.com
The latest smartphone game craze Pokémon Go has raised safety concerns at some hospital helipads – but is it justified? The game, which sees users chasing game characters in real life, is a clever mix between a game and a smartphone real-life mapping application. The Pokémon characters show up seemingly at random, encouraging users to... Read more
13-Jul-2016Source: SESAR
The SESAR Joint Undertaking has launched a call for exploratory research projects on the integration of drones into civil airspace within the framework of the SESAR 2020 research and innovation programme. Specifically, the call aims to stimulate initial solutions for drone traffic management, supporting the sharing of airspace between manned and unmanned systems. A total... Read more
11-Jul-2016Source: TUM
Fog, blizzards, gusts of wind – poor weather can often make the operation of rescue helicopters a highly risky business, and sometimes even impossible. A new helmet-mounted display, developed by researchers at the Technical University of Munich (TUM), may in the future be able to help pilots detect hazards at an early stage, even when... Read more
8-Jul-2016Source: FAA
A new Federal Aviation Administration (FAA) policy encourages general aviation aircraft owners to voluntary install safety equipment on airplanes and helicopters that is not required by the agency’s regulations. It will reduce costs and streamline the installation ofNon-Required Safety Enhancing Equipment (NORSEE) into the general aviation fleet. The policy is the result of indutsry and... Read more
7-Jul-2016Source: HeliHub.com
The Bell 525 Relentless program sadly suffered a fatal accident on a test flight yesterday, with two fatalaties. The subject helicopter – the orange prototype seen in the image here – was on a flight out of Bell’s XworX facility near Arlington. The accident happened near the town of Italy in Ellis County and not... Read more
7-Jul-2016Source: Donaldson
Engine filtration experts from Donaldson Aerospace & Defense, a business unit within Donaldson Company, Inc. (NYSE: DCI) will present July 7 at a Federal Aviation Administration (FAA) meeting being held to discuss proposed policy changes to the Inlet Barrier Filtration (IBF) certification process for helicopters. The public meeting will be held at the Hilton Garden Inn at Fort Worth Alliance... Read more
6-Jul-2016Source: Allan Blake
The Chapter 11 insolvency process is a daunting one for companies entering into the procedure, but it can also be a stark reminder to suppliers that the contracts they entered into with debtors can not only be worthless but also leave them with significant additional burdens to consider. For the CHC Helicopter Group of companies,... Read more
5-Jul-2016Source: HeliHub.com
Thursday this week, 7th July, the FAA is holding a meeting in Fort Worth, Texas, to present proposals for a significant change in how Inlet Barrier Filters (IBFs) are certified. But there’s a problem. There is no justification for such a move, and it will hurt the industry. An estimated 20,000,000 flight hours have been... Read more
29-Jun-2016Source: HeliHub.com
The presentation of an update yesterday on the Norwegian investigation of April’s EC225 accident brings us closer to the issue being one that puts the onus on Airbus rather than CHC – see earlier article. If, and we stress it is still conditional, the final report continues in the same way, then Airbus Helicopters have... Read more
29-Jun-2016Source: TUM
Fog, blizzards, gusts of wind – poor weather can often make the operation of rescue helicopters a highly risky business, and sometimes even impossible. A new helmet-mounted display, developed by researchers at the Technical University of Munich (TUM), may in the future be able to help pilots detect hazards at an early stage, even when... Read more
29-Jun-2016Source: HeliHub.com
The Accident Investigation Board of Norway (AIBN) has released another update in their investigation of the Airbus EC225 accident which happened on 29th April as the CHC aircraft was returning from the Gullfaks platform to Bergen Airport. Of particular note, they state “At this stage of the investigation, the AIBN finds that the accident most... Read more
28-Jun-2016Source: Blighter
The world’s first fully integrated detect-track-disrupt-defeat Anti-UAV Defence System (AUDS) – developed by a trio of British companies including Blighter Surveillance Systems, Chess Dynamics and Enterprise Control Systems, and integrated/supported in North America by Liteye Systems Inc. – has been selected by the United States Federal Aviation Administration (FAA) for evaluation at US airports as... Read more
28-Jun-2016Source: FAA
The FAA and general aviation (GA) groups’ #FlySafe national safety campaign aims to educate the GA community on best practices in calculating and predicting aircraft performance, and in operating within established aircraft limitations. Remember the lyric, “Get your motor runnin’…”? Well, it’s even more important to KEEP your motor running. The General Aviation Joint Steering... Read more
23-Jun-2016Source: HeliHub.com
A recent report in the Jakarta Post noted that the Indonesian Air Force has stopped flying its fleet of Super Pumas, believed to be 12 strong. Air Force spokesman First Marshal Wieko Sofyan has reportedly said that Air Force chief of staff, Marshal Agus Supriatna, had instructed the suspension pending the result of study by... Read more
22-Jun-2016Source: Flight Research
Bill Korner, Chairman and CEO of Flight Research, states that ‘Loss of Control In-Flight’ is the leading cause of aviation accidents today, and this applies to helicopters as well as fixed wing aircraft. It is important that every flight department recognize that their crews should be well prepared for any situation that would arise. In... Read more
22-Jun-2016Source: Canada
The winner of this year’s ‘Innovation in Safety Award’ will be selected, once again, by a committee of industry professionals. The award ceremony will take place during the Helicopter Association of Canada’s annual conference, November 10th -14th in Edmonton, Alberta. The award recipient will receive a cash prize of $10,000.00 CAD in addition to recognition... Read more
21-Jun-2016Source: FAA
Today, the Department of Transportation’s Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems (UAS or “drones”), opening pathways towards fully integrating UAS into the nation’s airspace. These new regulations work to harness new innovations safely, to spur job growth, advance critical scientific research and save... Read more
17-Jun-2016Source: EASA
The 2016 European Aviation Safety Agency’s Annual Conference takes place 25 & 26 October 2016in Bratislava, Slovakia, coinciding with the country’s Presidency of the Council of the EU. The conference focuses on the topics of future technologies and innovative business models, covering all aviation domains, including aircraft manufacturing, aircraft operations and Air Traffic Management. Among... Read more
9-Jun-2016Source: FAA
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) is working with commercial airlines and pilots’ unions to improve mental health evaluations, and encourage voluntary reporting of pilot mental health issues. An Aviation Rulemaking Committee (ARC) comprised of aviation and medical experts has made several recommendations about pilot medical fitness. “Safety is always our first... Read more
9-Jun-2016Source: AAIB
The monthly bulletin from the Air Accidents Investigation Branch has been released. This month’s issue covers the accident(s) of:- Sikorsky SK92A (G-VINL), landed on the incorrect oil rig, Golden Eagle Complex, North Sea, 22 August 2014 Bell 206B (G-RAMY), loss of control in flight and rotor/fuselage contact, near Creg-Ny-Baa public house, Isle of Man, 6... Read more
7-Jun-2016Source: FAA
Today on a national press call, U.S. Transportation Secretary Anthony Foxx and Deputy Administrator Michael G. Whitaker announced a $500 rebate incentive for General Aviation (GA) aircraft owners who equip their aircraft with required avionics technology. Accelerating compliance is critical to ensuring that pilots, manufacturers, and retail facilities have adequate time and capacity to equip... Read more
3-Jun-2016Source: HeliHub.com
EASA has issued an Emergency Airworthiness Directive 2016-0104-E which prohibits any flights of Airbus AS332L2 and EC225 helicopters with the exception of a single flight without passengers to ferry such a helicopter to a maintenance base. This follows earlier groundings from the national Civil Aviation Authorities of Norway and the UK, with the exception of... Read more
2-Jun-2016Source: USHST
The United States Helicopter Safety Team (www.ushst.org) is offering a supportive voice to recent changes made by the Federal Aviation Administration in its Practical Test Standards (PTS) for helicopter instructors. (https://www.faa.gov/training_testing/testing/test_standards/media/FAA-S-8081-7B.pdf) “The revision provides examiners a path to mitigate some risks associated with the Flight Instructor PTS requirements to demonstrate proficiency in the touchdown portion... Read more
24-May-2016Source: Jive
Jive Software, Inc. (Nasdaq: JIVE), today announced that HeliOffshore, the global safety association for the offshore helicopter industry, selected Jive to connect helicopter operators, global manufacturers, aviation regulators, academics and other stakeholders across the expansive rotary-wing ecosystem.HeliOffshore Space, the new Jive-powered community, helps bring the industry together to collaborate on safety initiatives that will benefit... Read more
21-May-2016
A Great Slave Helicopter Bell 206L-4 (C-GSHX) rolled over when pilot exited helicopter to unhook sling load. The pilot contacted Ektaki, NT (CYOA) radio. CADORS 2016C1746... Read more
19-May-2016Source: Statoil
The mandate for Statoil’s in-house investigation of the helicopter accident on 29 April is ready. The purpose of the investigation is to identify measures to improve Statoil’s work on helicopter safety on the Norwegian continental shelf. The Accident Investigation Board Norway is responsible for identifying the chain of events and the cause of the accident.... Read more
19-May-2016Source: BALPA
The British Airline Pilots’ Association (BALPA) has welcomed the announcement in the Queen’s Speech that the Government will introduce new regulations on drones in a forthcoming Modern Transport Bill. Jim McAuslan, BALPA General Secretary, said: “We are pleased that the Government is planning to bring forward drone legislation in a new bill. The number of... Read more
19-May-2016Source: FAA
The Federal Aviation Administration (FAA) today posted a large database showing the city, state and zip code of each registered drone owner. Release of the database responds to a number of Freedom of Information Act (FOIA) requests submitted since the new unmanned aircraft registration system began operating on December 21, 2015. The FAA is not... Read more
17-May-2016Source: FAA
The FAA and its government partners are expanding research on ways to detect “rogue” drones around airports. The Federal Aviation Administration (FAA) and its government, industry and academia partners have joined forces to evaluate drone detection technology at John F. Kennedy International Airport (JFK) in New York. Over the last two years, the FAA has... Read more
16-May-2016Source: HeliOffshore
HeliOffshore Chief Executive Officer Gretchen Haskins, in closing remarks yesterday, described how recent helicopter tragedies had strengthened the industry’s resolve to enhance the safety of offshore helicopter operations. “We owe it to those who lost loved ones in Norway – and in other accidents – to do everything to continue our collaboration and deliver safety breakthroughs,”... Read more
12-May-2016Source: AAIB
The monthly bulletin from the Air Accidents Investigation Branch has been released. This month’s issue covers the accident(s) of:- Robinson R22 Beta (G-EFON), tail rotor struck ground during lift off at Retford Gamston Airport, 25 February 2016... Read more
12-May-2016
The ATSB is investigating a collision with terrain involving a Robinson R22, VH-WGB, 220 km NE of Port Hedland Airport, Western Australia, on 12 May 2016. While conducting aerial work, the helicopter collided with terrain. The pilot sustained minor injuries and the helicopter was substantially damaged.... Read more
11-May-2016Source: CAA
Following the tragic Norwegian Super Puma helicopter accident on Friday 29 April, the UK and Norwegian Civil Aviation Authorities have been collaborating very closely and are united in their approach. Shortly after the accident, both organisations introduced restrictions to the Airbus EC225LP helicopter to prevent operators using it for commercial flights. Both organisations have now... Read more
11-May-2016Source: HAI
In my travels, I hear one comment a lot: “I had no idea HAI did all that!” So I want to tell you about some — but certainly not all — of the ways HAI works for our members. HAI advocates for: The safe integration of unmanned aircraft systems (UAS) into the airspace and developing... Read more
10-May-2016Source: HAI
HAI has submitted its application to serve on a newly formed FAA working group to enhance helicopter bird strike protection. The FAA recently announced the formation of the working group, which will provide advice and recommendations to the aviation rulemaking advisory committee (ARAC). According to the FAA’s announcement in the Federal Register, data shows that... Read more
6-May-2016
The privately owned Rotorway 162F, C-FLRQ, was enroute from the manufacturer’s facility in Red Deer, AB (CYQF), to a private strip near Big Valley, AB. In the vicinity of Delburne, AB, the FADEC controlled engine (RI162) began to lose power, and then came back on. The pilot decided to conduct an autorotation in a field.... Read more
5-May-2016Source: EASA
The European Aviation Safety Agency announces today the creation of a task force to assess the risk of collision between drones and aircraft. The task force will: Review all relevant occurrences including the occurrences collected by the European Member States, Analyse the existing studies on the subject of impact between drones and aircraft, Study the... Read more
4-May-2016Source: HeliHub.com
Two and a half weeks ago, on April 15th, CHC chose to delay the payment of $46 Million in interest due on its 9.25% senior secured notes maturing October 15, 2020 (the “2020 Notes”). At the time, our analysis of the company’s unaudited balance sheet at 31 January 2016 showed that its liabilities exceeded its... Read more
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