Administrators for German offshore operator Wiking Helikopter Service remain optimistic they will be able to sell the company as a going concern and are evaluating several bids for the company.

Wiking collapsed into insolvency in June, citing back of rising fuel costs, loss-making contracts and the lingering effects of the coronavirus pandemic. Dr Christian Kaufman of Bremen insolvency practitioner Pluta Rechtsanwalts was appointed to handle the company’s affairs.


Source: Airbus Helicopters

Pluta says its efforts to sell the business are continuing. “There is very encouraging market interest,” it says, with “several non-binding offers” received.

“Negotiations are currently running at full speed with the aim of reaching a binding offer and thus a solution in the coming weeks,” it says.

Wiking flies a fleet of five Airbus Helicopters H145 light-twins and five Leonardo Helicopters AW139 intermediate-twins, Cirium fleets data shows; it has two more AW139s on order.

The company specialised in the transportation of personnel offshore, such as windfarm maintenance engineers.