CHC Seeks Restructuring Through Chapter 11

Tony Osborne May 11, 2016
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...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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