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.

Wiking-c-AirbusHelicopters

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.

Dominic Perry is deputy editor of Flight International but also contributes extensively to flightglobal.com. Although specialising in the coverage of the helicopter industry, he has written on most topics in aerospace – be they commercial, defence or business aviation. In addition, there has been an increasing focus on the decarbonisation of the industry and zero-emission flight initiatives.View full Profile

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