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Old 29th Nov 2003, 00:49
  #276 (permalink)  
zalt
 
Join Date: Mar 2002
Location: Canada
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Well they have just won two short, small contracts from offshore companies. Doubt these are really make or break deals as far as any feared redundancies are concerned:

From Businesswire:

"ST. JOHN'S, Newfoundland & LABRADOR, Canada--(BUSINESS WIRE)--Nov. 28, 2003--CHC Helicopter Corporation ("CHC") (NYSE:FLI - News; TSX:FLY.A - News; TSX:FLY.B - News) announced today that its operating division CHC Scotia Limited has been awarded two new contracts in the North Sea for the provision of offshore helicopter flight hours from its pool of Super Puma AS332L aircraft.

The contracts were awarded by Technip Offshore UK Ltd. and Venture Production (North Sea Developments Ltd). Each contract is for a period of two years, plus two option years. Combined value of the contracts is estimated at a minimum CDN$5.4 million over the two-year period. "
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