Canadian operator relocates headquarters and creates three new operating divisions
Canadian offshore support specialist CHC Helicopter has launched a restructuring to cut costs and position for future growth. The company, which is moving its headquarters from St John's, Newfoundland, to Vancouver, British Columbia, has reported its best-ever first quarter, with earnings up 60% on the February acquisition of the Netherlands' Schreiner Aviation Group and more international flying.
Operations will be consolidated into three new operating divisions. CHC Global Support will be responsible for fleet management, repair and overhaul and procurement for the entire group. Anticipating "tremendous opportunity to expand its repair and overhaul and logistics service around the world", Norway-based Astec Helicopter Services will report to CHC Global Support, which will be headed by former CHC Europe managing director Neil Calvert.
CHC Global Operations, headed by former CHC International president Christine Baird, will be responsible for all helicopter operations outside Europe. "The world's multinational oil and gas customers are looking for one standard of service," says CHC.
The third operating division, CHC Europe, has already undergone similar restructuring and will be headed by former CHC Australia president Ian MacBeath.
GRAHAM WARWICK / WASHINGTON DC
Source: Flight International