CHC Seeks Restructuring Through Chapter 11

Credit: Airbus Helicopters
The slump in global oil and gas prices has claimed its first victim in the offshore helicopter industry. By filing for Chapter 11 bankruptcy protection on May 5, helicopter operator CHC is hoping to restructure its finances and reconfigure its fleet for the long term. But with oil prices sticking...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.