CHC Helicopter Tendering Shares in Initial Public Offering
CHC’s oil-and-gas, search-and-rescue and EMS sectors saw a slight increase in revenues in its FY2014, while overall revenues at the company decreased by 1 percent. The decrease was attributed to lower availability of the EC225 fleet and the higher costs needed to return those helicopters to service following imposition of operating restrictions after two of the model ditched in 2012.
CHC’s oil-and-gas, search-and-rescue and EMS sectors saw a slight increase in revenues in its FY2014, while overall revenues at the company decreased by 1 percent. The decrease was attributed to lower availability of the EC225 fleet and the higher costs needed to return those helicopters to service following imposition of operating restrictions after two of the model ditched in 2012.