CHC Helicopter Corporation

CHC Helicopter Corporation

December 15, 2008 14:30 ET

Heli-One to Upgrade Super Pumas for Swedish Armed Forces

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2008) - Heli-One, an operating division of the CHC Group, announced today it has been awarded a new contract by FMV (the Swedish Defence Material Administration) to complete avionic upgrades on two Eurocopter AS332M1 Super Puma helicopters.

The helicopters will receive avionic upgrades and Night Vision Goggle ("NVG") installation at Heli-One's facility in Stavanger, Norway. The upgrades are expected to commence in the Spring of 2009 and represent approximately CDN 11.2 million in revenue.

The Super Pumas are two of nine operated by the Swedish Armed Forces. Heli-One's relationship with FMV spans more than 15 years, and Heli-One has already completed upgrades on three other Super Pumas for the Swedish Armed Forces. This contract further reinforces Heli-One's commitment to building lasting relationships with its customers.

About Heli-One

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. For more information, please visit www.heli-one.ca.

Contact Information

  • Heli-One
    Chris McDowell
    Vice President, Business Development and Sales
    (604) 952-7770 or (778) 990-0370
    Rick Davis
    Senior Vice-President and Chief Financial Officer
    (604) 279-2471 or (778) 999-0314
    Website: www.heli-one.ca