All posts tagged CHC

Atlanta, 6 March 2019 – CHC Helicopter’s newest H175 will become the first Airbus helicopter to be delivered with digital logcards. The announcement, made at HAI Heli-Expo in Atlanta, Georgia, makes Airbus Helicopters the first helicopter manufacturer on the market to transform paper-based logcards into easy-to-use digital data.

“A logcard is a document that tracks the entire history of critical helicopter parts, from manufacture all along their in-service lives. There are around 2.5 million logcards already in circulation throughout the world today, with some 80,000 new ones being produced each year,” said Matthieu Louvot, Executive Vice President of Customer Support & Services at Airbus Helicopters. “Over time the paper logcard ages, gets misplaced, becomes hard to read and more difficult to use. Our new digital version stores the content in a secured cloud while preserving the existing template, using the same process and stakeholder roles and responsibilities as the paper version, meaning no additional workload.”

”The digital logcards allow us to take better care of ourselves and our customers,” said Sean Toth, Director of Global Maintenance and Engineering at CHC Helicopter, which took delivery of its fourth H175 in January and will convert its paper logcards to the electronic format in April. ”Thanks to them we can better ensure overall compliance, while our staff improves productivity as our logcards are updated in real time.” 

CHC currently operates H175s in the North Sea: one in Norwich, England and three in Aberdeen, Scotland.

The digital logcard is the latest demonstration of how Airbus is committed to developing fully digital solutions for its customers that make processes more efficient and that contribute to quality and safety. They are the result of a collaborative effort involving Airbus customers and repair centres, who were consulted during development and acted as early adopters, participating in a year-long pilot phase.

“The feedback we received from our pilot users indicates that digital logcards meets our objectives of delivering better data quality, smoother processes, time savings, reliability and data confidentiality,” said Stephanie Bonnefoy-Fourie, who leads Airbus Helicopters’ Connected Services business.

New functionalities not possible with paper logcards include the ability to attach documents, archive, search, and immediately transfer a selection of logcards. Future applications include the ability to synchronise data between the digital logcard system and customers’ Maintenance Information Systems (MIS), or to build new analytics around the collected data. 

Rolling out progressively worldwide from April 2019, all customers taking delivery of a new civil helicopter can opt to receive digital logcards at no additional cost. Customers with existing paper logcards can opt to convert theirs to the digital format. Digital logcards can also be tracked online via Airbus’ Keycopter customer portal.

Waypoint Files for Bankruptcy Following Similar Moves in Offshore Oil.

By Amy Kluber – Rotor & Wing International – November 27, 2018

Waypoint Leasing has voluntarily filed under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court Sunday to finish selling its assets to repay $1.1 billion in funded debt, the company said Monday. According to the petition filed in the Southern District of New York, bankruptcy schedules as well as the summary of assets and liabilities are due Dec. 10.
“Waypoint’s Chapter 11 filing is the next step in our holistic transformation strategy and will provide us with the opportunity to emerge with a stronger, sustainable and more competitive balance sheet,” said CEO Hooman Yazhari. “It will further catalyse our ability to implement many of the innovative and evolutionary changes to our business model, allowing us to meet head-on the challenges and opportunities, which our displaced industry presents.”Waypoint aims to provide no interruptions in customer support, though the extent of the impact to its operations will become more apparent once it files its motion seeking approval of a potential sale.Waypoint is one of several helicopter companies that experienced a decline in business resultant from the downturn in offshore oil drilling, which accounted for Waypoint’s primary area of business.
CHC Helicopter, Erickson and Bristow made similar financial filings in recent years. CHC filed for bankruptcy protection in 2016 and has since emerged with a recapitalization plan, a new logo and rebranding, and a new board of managers. As Waypoint’s largest customer, accounting for 53 percent of the company’s annual operating revenues, CHC’s own bankruptcy proceedings subsequently affected Waypoint’s operations, noted Sara Tapinekis, a legal analyst with credit market analysis provider Debtwire.”The reduction of fleet size and the number of leased aircraft by [Waypoint’s] largest client base has resulted in an oversupply of available helicopters in the market,” Tapinekis said. “As of the date of the bankruptcy filings, [Waypoint’s] total fleet utilization was approximately 78 percent — down from 94 percent to 100 percent utilization rates enjoyed between 2013 and 2015.”Erickson in 2017 emerged from bankruptcy protection as a private small business.
Earlier this month, Bristow, also a Waypoint customer, said it will purchase Columbia Helicopters in an effort to cushion the impact of the oil market downturn. Another offshore market player, PHI Inc., is also keeping a close eye on the oil market. Some shareholders of PHI are encouraging the company to sell its air medical division given a potential rebound in the oil and gas business.Founded in 2013 and headquartered in Limerick, Ireland, Waypoint has eight offices around the world and a fleet of 165 aircraft flying with 36 customers for mission segments in oil and gas, emergency medical services, firefighting, search and rescue, and wind farm support, among others. Its fleet comprises Sikorsky, Bell, Airbus Helicopters and Leonardo rotorcraft, amounting to a $1.5 billion value, Tapinekis said.The first hearing for the bankruptcy proceedings is scheduled for Dec. 6.

PRESS RELEASE – 31 July 2017

Today, CHC Helicopter launches its super medium aircraft program with a commitment to lease five new aircraft from GECAS’ Milestone Aviation Group Limited (“Milestone”).

Today, CHC Helicopter launches its super medium aircraft program with a commitment to lease five new aircraft from GECAS’ Milestone Aviation Group Limited (“Milestone”). This transaction will add three new Leonardo AW189s and two Airbus H175s from Milestone’s order book with the manufacturers to CHC’s global fleet. The new aircraft will be configured for energy transport missions and will serve CHC customers in the North Sea and Australia.

“We are working closely with Milestone to carefully build a productive, safe and reliable fleet to meet the varying needs of our customers throughout the world,” said Karl Fessenden, President and CEO of CHC Helicopter. “Milestone has been a valuable leasing partner towards this goal, with a diverse order book across manufacturers and types, and deep expertise in aircraft operational capabilities.”

Fessenden added “Since completing our restructuring in March, our fleet productivity has significantly improved and matches our historical peak levels before the oil and gas downturn. We are excited to add these new super medium aircraft to our fleet in support of new customer contracts.”

“We are very proud to introduce the Leonardo AW189 and Airbus H175 types to CHC’s fleet,” remarked Daniel Rosenthal, President and CEO of Milestone, adding “We have worked very closely with CHC since their restructuring to review their fleet needs and provide both the aircraft and capital solutions, through operating lease and debt financing, that meet those needs. We are delighted to deliver these new technology assets that fit their mission profile with improved economics for their end customers.”

Both the Leonardo AW189 and the Airbus H175 are designed to meet long-range, high endurance requirements in demanding environments, which will allow CHC to use them for missions that have either been traditionally limited to heavy aircraft or access platforms that are not designed to support them. This will not only give customers additional flexibility, but also help them lower their overall costs per passenger.

CHC Group has announced it recently reached the 25,000 flight-hour milestone on its fleet of AW139s in Australia.

CHC’s 10th year of flying AW139s in search-and-rescue, emergency medical service and oil-and-gas transfer brings a major milestone.

CHC was the first commercial operator to fly AW139s in Australia, and has used the aircraft to fly critical emergency medical service (EMS) missions in New South Wales as well as provide oil-and-gas transfer services out of Karratha, in Western Australia’s North West region.

CHC took delivery of its first AW139 in 2005 and since then has logged more than 125,000 flying hours across its global fleet.

Flying preparation for Australia EMS service commenced in February 2008, with the first EMS flight in Wollongong taking place in August 2008. The AW139s dedicated to serving the community through EMS service have gone on to fly 12,800 hours as air ambulances, responding to emergency rescues, accidents and inter-hospital transfers.

The oil-and-gas transfer service started in March 2011, and has flown more than 12,000 hours in support of crew transfers for oil-and-gas customers to the North West Shelf oil-and-gas precinct in the Pilbara region of Western Australia.

“The team at CHC Australia have reached an important milestone reaching 25,000 flight hours on the AW139,” said Chris Krajewski, senior executive, CHC Asia Pacific. “This milestone represents the culmination of nearly a decade of dedication and hard work, both in saving lives and ensuring our passengers get to and from their workplace safely.”

“It is a testament to our flight crews, engineers and operations teams that we have flown these aircraft in such diverse geographies, undertaking vastly different activities year-in, year-out,” concluded Krajewski. CHC Group has announced it recently reached the 25,000 flight-hour milestone on its fleet of AW139s in Australia.


CHC Group Files Voluntary Chapter 11 Petitions to Facilitate Restructuring and Position Company for Long-Term Success. All Subsidiaries Continuing Normal Operations.

Company Press Release – 05/05/2016 01:48

IRVING, TEXAS, May 5, 2016 (GLOBE NEWSWIRE) — CHC Group (OTC Pink Sheets: HELIQ; the “Company” or “CHC”) today announced that the Company and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas to facilitate the restructuring of its balance sheet and fleet, and position the Company for long-term success. The reorganization is expected to strengthen CHC’s financial position by reducing long-term debt and enhancing financial flexibility while allowing the Company to manage and operate its fleet of aircraft.

CHC expects day-to-day operations to continue without interruption throughout the court-supervised restructuring process. The Company expects to maintain sufficient liquidity throughout the restructuring process to maintain its continuing business operations.

Karl Fessenden, President and Chief Executive Officer:

“CHC continues to be a strong company operationally and we remain fully committed to delivering safe and reliable service to our customers. Importantly, normal business operations will continue. The step we have taken today provides an orderly path to enhance our financial flexibility and establish a competitive capital and operating structure that will allow us to invest in and grow CHC’s business over the long-term. We remain committed to maintaining our position as a world class helicopter service provider – one that continues to set the standard for safety, customer service and value across the industry. We thank our customers and suppliers for their ongoing support as well as our employees for their continued dedication.”

Like many companies in the oil and gas industry, CHC’s operations have been significantly affected by the dramatic decline in oil prices since their peak in 2014 and general uncertainty in the energy market, which has led to decreased customer demand and an increase in idle aircraft. Despite significant efforts to reduce costs, these factors, coupled with CHC’s debt and aircraft lease obligations, resulted in the Company’s decision to engage advisors to assist in evaluating strategic alternatives to improve its capital structure. CHC and its advisors determined a court-supervised reorganization process provides the best and most efficient way to align the Company’s debt, lease and interest costs with customer demand in the current operating environment, and position CHC for long-term success.

The Company also announced that it has filed certain “first-day” motions with the court to facilitate operating in the normal course throughout the court-supervised restructuring process.

Customers, suppliers and other stakeholders can find additional information about CHC’s reorganization at In addition, court filings and other information related to the restructuring proceedings are available at a website administered by the Company’s claims agent, Kurtzman Carson Consultants, at

Seabury Advisors, PJT Partners and CDG Group are serving as financial advisors to the Company and Weil, Gotshal & Manges LLP and Debevoise & Plimpton LLP are serving as its legal advisors.

Cautionary Note on Forward-Looking Statements

This press release, and other statements that we may make, contain forward-looking statements. Forward-looking statements are statements that are not historical facts and include statements about our expectations for the timing and execution of our restructuring plan, our future financial condition and future business plans and expectations, the effect of, and our expectations with respect to, the operation of our business, adequacy of financial resources and commitments and operating expectations during the pendency of our court proceedings. Such forward-looking statements are based upon the current beliefs and expectations of our management, but are subject to risks and uncertainties, which could cause actual results and/or the timing of events to differ materially from those set forth in the forward-looking statements, including, among others: risks and uncertainties relating to the Chapter 11 court cases, our ability to obtain Bankruptcy Court approval with respect to motions in the Chapter 11 cases, the effects of the Chapter 11 cases on the Company and on the interests of various constituents, Bankruptcy Court rulings in the Chapter 11 cases and the outcome of the Chapter 11 cases in general, the length of time we will operate under the Chapter 11 cases, risks associated with third-party motions in the Chapter 11 cases, which may interfere with our ability to consummate any restructuring transactions, the potential adverse effects of the Chapter 11 cases on our liquidity or results of operations, increased legal and other professional costs necessary to execute our reorganization, our ability to hire and retain key personnel, our relationship with our employees, our ability to successfully implement our strategic, operating, financial and personnel initiatives, our ability to maintain the value and image of our brand and protect our intellectual property rights, general economic conditions, geopolitical events, other regulatory changes, inflation or deflation, disruptions in the global financial markets, the highly competitive and evolving nature of our industry in the U.S. and internationally, continued compliance with U.S. and foreign government regulations and legislation, including environmental, immigration, labor, and occupational health and safety laws and regulations, litigation and other inquiries and investigations, including the risks that we, our officers or directors in cases where indemnification applies, will not be successful in defending any proceedings, lawsuits, disputes, claims or audits, and that exposure could exceed expectations or insurance coverage, statements that bear on our strategy, future operations, projections, conclusions, and forecasts, competition in the markets we serve, our ability to secure and maintain long-term support contracts, our ability to maintain standards of acceptable safety performance, exchange rate fluctuations, political, economic, and regulatory uncertainty, problems with our non-wholly owned entities, including potential conflicts with the other owners of such entities, exposure to credit risks, risks inherent in the operation of helicopters, unanticipated costs or cost increases associated with our business operations, trade industry exposure, ability to continue maintaining government issued licenses, necessary aircraft or insurance, compliance with all applicable OTC listing requirements and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, as amended, for the year ended April 30, 2015 and Quarterly Report on Form 10-Q for the quarter ended January 31, 2016. The Company’s filings with the Securities and Exchange Commission are available at You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. No assurances can be given that our efforts to effectively reorganize under Chapter 11 of the Bankruptcy Code will ultimately be successful or that we will succeed in strengthening our balance sheet or increase our financial flexibility. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.

The Company cautions that trading in the Company’s securities during the pendency of the Chapter 11 cases is highly speculative and poses substantial risks. Although the Company does not yet have a plan of reorganization or an agreement with creditors and lessors for such a plan, no assurance can be given that, when the reorganization is completed, its ordinary shares will not be cancelled without any distribution being made to shareholders.


Another tragic accident today, 29th April, in the North Sea. Please visit the above link from Aviation Safety Network to retrieve more details and info from media.


My personal condolences to all the families, colleagues and friends of the involved passengers and crew on board.

filigrana-03-250 ready

PRESS RELEASE – 26th February 2016

February 26, 2016, Delta, British Columbia, Canada – Heli-One, a leading global provider of helicopter maintenance, repair and overhaul (MRO) services has sold three Airbus AS332 (L & L-1) Super Puma aircraft on behalf of CHC Helicopter (CHC) to Heli Austria, an operator serving the utility, EMS and charter industries in Europe. Heli-One will perform modifications and maintenance work to ready the aircraft for Heli Austria as well as provide ongoing MRO support and parts resourcing.
The three AS332s join Heli-Austria’s existing fleet of Bell, MD, and Airbus helicopters operating primarily in Austria.
“I am excited to add Super Pumas to our fleet which offer excellent value for capability and will diversify our operational reach and capabilities,” stated Roy Knaus, owner of Heli Austria. “Heli-One was a natural fit as a business partner by being able to facilitate the sale from CHC, their Super Puma expertise, and maintenance capabilities.”
“We are delighted to support Heli Austria’s addition of Super Pumas to their fleet,” said Anthony DiNota, President, Heli-One. “By offering quality, well maintained helicopters for purchase along with a full array of AS332 modifications, maintenance work, and training services we are exceptionally equipped to quickly make these aircraft mission-ready for Heli Austria and provide them with continued maintenance and mission support.”
Heli-One has more than 30 years of experience in providing AS332 support and maintenance work. In addition to extensive MRO capabilities, Heli-One also has a rich portfolio of mission-specific modifications covering a wide range of industries. For these three aircraft, Heli-One will de-configure from Oil & Gas and install Cargo Hooks to suit Heli Austria’s operational needs. The work will be performed between two facilities in Delta, Canada and Rzeszow, Poland. The aircraft will be delivered to Heli Austria this spring. –