Struggling Scandinavian flag carrier SAS has signed an agreement to sell its regional subsidiary Widerøe as part of an ongoing restructuring program to achieve financial stability. SAS will sell 80 percent of Widerøe to Norwegian companies Torghatten ASA, Fjord1 AS and Nordland Fylkeskommune. The sales will include seven Bombardier Q400 turboprops that SAS currently leases to the regional carrier. The transaction must be approved by Norwegian authorities, and is expected to close in September.
Sikorsky Aerospace Services (SAS), the aftermarket business of Sikorsky Aircraft, now has parts warehouse in Brazil to support commercial operators of the S-76 and S-92 in that country. Powerpack, Sikorsky’s long-standing Brazilian representative, will manage inventory operations through the country’s special customs system known as Depósito Especial.
Sikorsky Aerospace Services (SAS) announced Wednesday at Heli-Expo ’13 the signing of a 10-year Total Assurance Program (TAP) agreement to support the S-92 fleet operated by Bristow Group. Valued at more than $840 million, the renewal was signed late last year following expiration of a prior seven-year support contract. Sikorsky offers TAP maintenance support to commercial and military operators of the S-76, S-92 and S-70 worldwide, with the program covering up to 98 percent of the cost of parts replacement on the airframe, drive train, gearboxes, avionics and consumable items.