• Helicopter books
  • Helicopter patches
  • Patches
  • TH-73
  • Books
  • Urban air mobility
  • Army FARA
  • Marine One
  • Model kits
  • Kits
  • S-76 7.5M
  • Shop Amazon
  • canada Restructuring

    CHC


    Canadian Helicopter Corporation Markets & Finance

    2016 to 2017    




    Restructuring
    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.


    @ (optional)     Send




    News of Restructuring


    CHC Restructuring Recognized by CFO 2017, 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

    Waypoint Leasing S-92 and S-76C++ to Omni, 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

    CHC Concluded Its Financial Restructuring, 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

    CHC Plan of Reorganization Confirmed by Court, 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

    CHC Files Plan of Reorganization, 12-Nov-16 : CHC filed the proposed chapter 11 plan of reorganization announced last month for the Company’s recapitalization of $ 450 million

    Avinco to Remarket 21 ex-CHC H225 Fleet, 17-Oct-16 : Avinco awarded contract to marketing 21 EC225LP Super Pumas previously operated by CHC. Helicopters were manufactured between 2007 and 2012, 3 are in SAR and 18 in Oil and Gas configuration

    12-Oct-16 - CHC Announces $450 Million to Recapitalize
    05-May-16 - CHC Group Files for Bankruptcy Protection




    share     facebook     twitter     linkedin