CHC Helicopter Corporation: Heli-One Supports Spanish Helicopter Operator
22 Maio 2008 - 5:40PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX: FLY.A)(TSX: FLY.B)(NYSE: FLI)
announced today that it has been awarded a helicopter support
contract with HeliSureste, the on-shore division of the Inaer Group
in Spain.
The contract is for follow-on support for 76 PT6T power sections
and associated combining gearboxes. The contract, which commenced
May 1, 2008 is valued at approximately $4.5 million (Canadian
dollars) over the three year contract term.
This contract follows a contract renewal January 1, 2008 with
Helicsa, the offshore division of Inaer Group, for power by the
hour support of three Sikorsky S61N Search and Rescue helicopters.
The three year renewal covers T58 engines and major components on
each of the aircraft and is valued at approximately $3.6 million
(Canadian dollars).
Chris McDowell, Heli-One's Vice President of Business
Development and Sales said, "Heli-One is proud to support Inaer's
helicopter operations through these two contracts which further
reinforce our long and close relationship with them. We're excited
to support the PT6 contract out of our new 234,000 sq ft facility
in Vancouver, where Pratt recently certified our state-of-the-art
PT6 test cell."
Inaer Group's Chief Executive Officer, Luis Minano Sanvalero
commented, "Heli-One's strong performance and ability to meet
operational requirements in the past has made us confident that
this is the right choice for Inaer. We look forward to continuing
to work closely with Heli-One for many years to come."
These engine MRO contracts are the latest product of the long
term relationship between Inaer Group and the CHC Group. The
relationship began more than 20 years ago when both organizations
collaborated during the development of the Spanish Search and
Rescue Service (supported by Sikorsky S61N helicopters).
Heli-One is the world's largest, independent helicopter support
company, providing engine and component repair and overhaul,
modifications, inspections, completions and logistics support for
20 different aircraft types, operated by customers around the
world.
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Forward Looking Statements
Statements in this press release contain projections and other
forward-looking statements involving known and unknown risks and
uncertainties which may cause our performance to be materially
different from that implied. While these projections and other
statements represent our best current judgment, they may involve
additional risks and uncertainties including, but not limited to,
factors detailed in CHC's Annual Report on Form 20-F and in other
filings with the United States SEC and the Canadian securities
regulatory authorities. Unless otherwise required by applicable
securities laws, CHC disclaims any intention or obligation to
update or revise any forward looking information, whether as a
result of new information, future events or otherwise.
Contacts: CHC Helicopter Corporation Rick Davis Senior
Vice-President and Chief Financial Officer (604) 279-2471 or (778)
999-0314 Email: communications@chc.ca Website: www.chc.ca
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