View Full Version : VIH Sold
whopwhop
3rd May 2012, 21:13
Heard through the grapevine that VIH has been bought out by Yellowhead!
Interesting news for some
Hmmm - are you sure that's not the other way round? :)
Phil
Decredenza
4th May 2012, 14:54
I heard that both Yellowhead and Mustang were getting some of the VFR fleet. It will be interesting to see what the truth is!
It will, because VIH own Cougar, or at least they did.
Phil
EMS R22
4th May 2012, 20:02
Mustang and Yellowhead have split the VFR fleet but VIH have kept the operating certificates.
Outwest
5th May 2012, 07:11
It will, because VIH own Cougar, or at least they did
Actually Ken Norrie owns Cougar, as he does VIH and VIH-Cougar and other companies.
What is being sold off is VIH, which is the domestic VFR fleet and operations.
Mustang and Yellowhead have split the VFR fleet but VIH have kept the operating certificates.
Partially true.....
I stand connected...... :)
Phil
From another source:
Mustang has purchased 12 of their aircraft and they will be delivered mid may. There is an offer on the table from another interested party to purchase the remaining aircraft (from what I can tell thats the remaining 8 Astars and possibly Kamovs) and run it under the VIH logo, but not under the Norie empire. However, so far , the company.........VIH...........HAS NOT BEEN SOLD.
Phil