On October 2016, the CHC Group entered into a plan support agreement (or PSA) with respect to the terms of a chapter 11 plan of reorganization which included the sell/end-of-loan of all EC225/H225 helicopters. After six months, CHC successfully concluded its financial restructuring.
26-Oct-17 - CHC’s emergence from Chapter 11 restructuring was recognized by the
Dallas Business Journal’ Chief Financial Officer of the Year award CFO 2017
11-May-17 - Waypoint delivered a S-92 and S-76C++, both former CHC, to Omni Taxi Aero (OTA) to support contracts within the offshore oil and gas sector in Brazil
24-Mar-17 - CHC Group announced that it has successfully concluded its financial restructuring and emerged from Chapter 11 as its court-confirmed Plan of Reorganization went into effect on March 24, 2017
06-Mar-17 - CHC announced that the United States Bankruptcy Court for the Northern District of Texas has confirmed the Company's Plan of Reorganization and signed a confirmation order to that effect