News & Insights

March 1, 2017 – Richmond, British Columbia, Canada – Heli-One, a leading global provider of helicopter maintenance, repair, and overhaul (MRO) services, has completed the relocation of their Canadian operations to new facilities. The relocation from their previous facility in Boundary Bay was the result of an intensive team effort that will help Heli-One reduce costs and strengthen its competitiveness in the market

Throughout the relocation, the team continued business operations with minimal disruption while maintaining capabilities for MRO services and continuing to safely serve customer needs.

The new facilities remain in the Vancouver region 

Heli-One offers the full spectrum of MRO services with industry-leading safety and quality standards with the aim of keeping operators mission-ready and safe while lowering the cost of ownership. Heli-One’s Canadian facilities and operations can fulfil the following capabilities and services including:

• Base maintenance: AS332, H225, AW139, S-61, S-76, S-92, Bell 212/412
• Dynamic and small component repair and overhaul for S-61, S-76, S-92, AW139, Bell 212/412
• NDT, Welding, Machining, Component Cleaning, Specialized Surface Treating
• Design, STCs, and modifications
• 7 helicopter maintenance bays
• Engine test cell and gearbox test cell
• Paint booth with original graphic design and stencil cutting

For more on Heli-One's global range of capabilities:

http://heli-one.com/services/capabilities

About Heli-One

Heli-One is based in Richmond, British Columbia, Canada, and has MRO operations in Richmond, Canada; Delta, Canada; Stavanger, Norway; Fort Collins, Colorado; and Rzeszow, Poland. Heli-One is the world’s largest independent helicopter MRO and hold certifications and expertise on a broad range of airframes and components from major helicopter and engine manufacturers, including Airbus, Sikorsky, Leonardo (AgustaWestland), Bell, Safran, Pratt & Whitney and General Electric.

Heli-One is a segment of CHC Helicopter, the operating company of CHC Group Ltd. (OTC Pink Sheets: HELIQ)

Heli-One Contact Information

MEDIA
Cameron Meyer
Communications Specialist
+ 1.214.262.7391
Cameron.Meyer@chcheli.com

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. These risks and uncertainties are detailed from time to time in our filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended April 30, 2016 and its quarterly report for the period ended October 31, 2016. The Company’s filings with the Securities and Exchange Commission are available at www.sec.gov. You are urged to consider these risks and other 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. Nothing in this press release shall constitute a solicitation of any holders of any of our indebtedness or our securities or an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities of the Company. Any securities that may be offered pursuant to our Chapter 11 proceedings will not be or have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.