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CHC Orders New Aircraft to Support SAR Services for Statoil in Norway

Thursday, May 11, 2017


CHC Group announced it has signed a contract with Sikorsky for the lease of two new generation Sikorsky S-92 search and rescue (SAR) helicopters. The aircraft, due to arrive and be ready for operation in September and October 2017, will support CHC’s helicopter services contract with Statoil, and play a vital role in the overall emergency response capacity on the Norwegian Continental Shelf. Statoil has extended the duration of the contract for CHC to provide SAR services across Statoil’s Norwegian sector platforms through 2020 and optional extensions are available through 2024.

"CHC has more than 50 years of experience in search and rescue operations on the Norwegian Continental Shelf and is a leading service provider within Norway," stated Arne Roland, CHC Regional Director for Nordic Countries, Eastern Europe, Caspian and Canada (NECC.) "The new aircraft, together with our extended contract with Statoil, extends and increases the essential work we provide to Statoil and helps further the future advancement of SAR expertise in the region."

The two S-92s were acquired as part of CHC’s agreement with Milestone Aviation Group to serve as CHC’s lead lessor for its go-forward fleet of helicopters. The S-92 reached more than one million fleet hours of service last year.

The new generation S-92 will offer state-of-the-art technology, including active vibration control, composite blades, and other advanced safety features. Further, the aircraft’s health and usage monitoring systems will assist CHC in helping to ensure availability, reliability and safety for each new helicopter.

"Our team at CHC has been working hard to make sure we’re best positioned to meet our customers’ needs," said Karl Fessenden, President and CEO of CHC Helicopter. "We remain keenly focused on providing the best value possible and appreciate the ongoing support of Statoil as represented by their decision to partner with us for these critical services."

CHC has completed more than 1,700 SAR missions worldwide for a diverse and quality base of customers.

About CHC
For 70 years, CHC Helicopter has provided safe, reliable, cost-effective helicopter service in some of the most remote and challenging environments around the world. With extensive experience transporting customers in the oil and gas industry, supporting search-and-rescue and EMS contracts, and providing maintenance, repair and overhaul services, our dedication to safety and reputation for quality and innovation help our customers reach beyond what they thought possible. Visit www.chcheli.com for information.

Sue Fay
Director, Communications - EMEA, NECC
+44 (0)7796444762

Cautionary Note on Forward-Looking Statements
This press release and other statements that we may make contain forward-looking statements. Forward-looking statements are statements that are not historical facts and include statements about our future financial condition and future business plans and expectations. Such forward-looking statements are based upon the current beliefs and expectations of our management, but are subject to risks and uncertainties, which could cause actual results and/or the timing of events to differ materially from those set forth in the forward-looking statements. The forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.