CHC Secures $450 Million To Rebuild After Chapter 11

Credit: AW139: Jordi Paya
LONDON—Offshore helicopter operator CHC has secured $450 million from investors to rebuild the company once it emerges from Chapter 11 bankruptcy protection. Some $300 million will be provided by existing creditors. The company will also have access to an additional $150 million in aircraft leasing...
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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