Cyclic Hotline
20th Jan 2000, 09:54
I humbly submit this post, subject to meeting the unwritten and, as yet, unspecified, requirements for relevancy and pointfulness that may be set by the Great Heli-Pprune. ;)
Should it fail the aforementioned test (and it may! http://www.pprune.org/ubb/NonCGI/redface.gif), please consider it only for info until such time as I can forever delete it from the annals of this esteemed site. :)
(In mitigation, please remember that my career is built upon a foundation of hangar-sweeping, washing and cleaning helicopters, (with the occasional bit of baggage handling thrown in). This will explain any lapses in relevancy, or other more serious failings on my part! :)
Wednesday January 19, 1:23 pm Eastern Time
CHC Helicopter merger gets UK OK
(Full text of press release from BCE Emergis E-News)
UK Competition Commission Clears CHC Merger
St. John's, Newfoundland, Jan 19 - CHC Helicopter Corporation ("CHC'') (TSE: FLY.A and FLY.B; NASDAQ: FLYAF) is pleased to announce that the UK Department of Trade and Industry, and the Competition Commission have today cleared the merger of CHC's UK operations and those of Helicopter Services Group (HSG). Craig L. Dobbin, Chairman and Chief Executive Officer stated "This decision by the commission clears the final hurdle thereby allowing CHC to fully integrate its UK subsidiaries and operate unencumbered to better serve its customers worldwide.'' Company President Sylvain Allard added "This cloud of uncertainty has been lifted and we are now in a position to maximize the benefits of the acquisition that made CHC the largest helicopter operator in the world.'' In its report, the Competition Commission found that the acquisition by CHC of HSG does not operate against the public interest and may not be expected to do so. Accordingly, the commission did not impose any restrictions whatsoever on CHC. CHC Helicopter Corporation is the largest provider of helicopter transportation services in the world, with a combined fleet of 350 light, medium and heavy aircraft operating in 21 countries and approximately 2,800 employees worldwide. For the full text of the Competition Commission decision, please consult the web site http://www.dti.gov.uk, or http://www.chc.ca For further information, please contact: Sylvain Allard, President CHC Helicopter Corporation St. John's, NF, Canada 709-570-0542 Jo Mark Zurel, CFO CHC Helicopter Corporation St. John's, NF, Canada 709-570-0567 Chris Flanagan, Communications Manager CHC Helicopter Corporation St. John's, NF, Canada 709-570-0749/709-685-1537
Should it fail the aforementioned test (and it may! http://www.pprune.org/ubb/NonCGI/redface.gif), please consider it only for info until such time as I can forever delete it from the annals of this esteemed site. :)
(In mitigation, please remember that my career is built upon a foundation of hangar-sweeping, washing and cleaning helicopters, (with the occasional bit of baggage handling thrown in). This will explain any lapses in relevancy, or other more serious failings on my part! :)
Wednesday January 19, 1:23 pm Eastern Time
CHC Helicopter merger gets UK OK
(Full text of press release from BCE Emergis E-News)
UK Competition Commission Clears CHC Merger
St. John's, Newfoundland, Jan 19 - CHC Helicopter Corporation ("CHC'') (TSE: FLY.A and FLY.B; NASDAQ: FLYAF) is pleased to announce that the UK Department of Trade and Industry, and the Competition Commission have today cleared the merger of CHC's UK operations and those of Helicopter Services Group (HSG). Craig L. Dobbin, Chairman and Chief Executive Officer stated "This decision by the commission clears the final hurdle thereby allowing CHC to fully integrate its UK subsidiaries and operate unencumbered to better serve its customers worldwide.'' Company President Sylvain Allard added "This cloud of uncertainty has been lifted and we are now in a position to maximize the benefits of the acquisition that made CHC the largest helicopter operator in the world.'' In its report, the Competition Commission found that the acquisition by CHC of HSG does not operate against the public interest and may not be expected to do so. Accordingly, the commission did not impose any restrictions whatsoever on CHC. CHC Helicopter Corporation is the largest provider of helicopter transportation services in the world, with a combined fleet of 350 light, medium and heavy aircraft operating in 21 countries and approximately 2,800 employees worldwide. For the full text of the Competition Commission decision, please consult the web site http://www.dti.gov.uk, or http://www.chc.ca For further information, please contact: Sylvain Allard, President CHC Helicopter Corporation St. John's, NF, Canada 709-570-0542 Jo Mark Zurel, CFO CHC Helicopter Corporation St. John's, NF, Canada 709-570-0567 Chris Flanagan, Communications Manager CHC Helicopter Corporation St. John's, NF, Canada 709-570-0749/709-685-1537