SEO Title
Rotorcraft Update: Canadian court approves CHC sale
Subtitle
The British Columbia Supreme Court has approved CHC Helicopter’s planned $3.7 billion sale to a fund controlled by Connecticut-based First Reserve.
Subject Area
Business Aviation
Channel
Rotorcraft
Teaser Text
The British Columbia Supreme Court has approved CHC Helicopter’s planned $3.7 billion sale to a fund controlled by Connecticut-based First Reserve.
Content Body

The British Columbia Supreme Court has approved CHC Helicopter’s planned $3.7 billion sale to a fund controlled by Connecticut-based First Reserve. The deal is expected to close this month. CHC is the world’s largest provider of helicopter services to the offshore oil and gas industry and operates 250 aircraft in 35 countries. The sale price is a combination of cash and debt assumption.

Expert Opinion
False
Ads Enabled
True
Writer(s) - Credited
Thierry Dubois
Content Label
Rotorcraft
Publication Date (intermediate)
AIN Publication Date
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