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NHV and Blueway to merge

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NHV and Blueway to merge

Old 28th Aug 2014, 11:43
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NHV and Blueway to merge

Just announced NHV and Blueway (including Dancopter and Airlift) to merge!


A European group with a strong presence in the Northsea and West African Market!


Ostend, August 28th 2014. NHV and Blueway are pleased to announce that they have signed a merger agreement to create a new top-tier player in the helicopter services industry. Following this transaction, NHV will buy Blueway’s stakes owned by Reiten & Co Capital Partners and Helicopter Transportation Group. The proposed transaction is conditional on receipt of required regulatory approvals, and other customary closing conditions.






NHV and Blueway have striking similarities in activities: strategic presence in the North Sea and West Africa with a focus on the offshore industry and a shared customer base.


Over the last few years, we have formed strategic alliances including: shared hangar facilities in Norwich and Den Helder. These joint efforts have proven to be valuable for both companies. The combination of the two helicopter operators will lead to a strategically better position in the market.


The new group will form a large European-owned helicopter company with approximately 650 employees in several countries across the globe with a combined turnover of more than USD 270 million in 2013.


Our focus for the near future is to maintain and extend our customer base around the North Sea (Norway, Denmark, The Netherlands, Belgium, UK), in France, as well in Africa, starting from our existing bases (Ivory Coast, Ghana, Nigeria).


Our group operates a diverse fleet of 59 helicopters in total (EC225, AS332L2, AS332C, AW139, EC155B1, AS365, EC145, MD Explorer, and AS350) with a solid order book of 19 helicopters (1 EC225, 16 EC175, 2AW139) for the coming 3 years.








http://nhv.be/Images/pdf/PR_NHV140828.pdf
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Old 28th Aug 2014, 12:02
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Didn't see that one comming!

RP
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Old 28th Aug 2014, 13:25
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Rumors have been there for weeks...... But of course denied from official side
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Old 30th Aug 2014, 14:09
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I seem to recall from my fledgling days as a budding portrait artist that if you mix yellow, blue, white and red - you end up with a ****ty brown........
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Old 30th Aug 2014, 18:52
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Large helicopter operators seem to be the "Bean Counters Delight" in recent times.
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Old 31st Aug 2014, 11:57
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I wonder how long it will take for them to drop down to their lowest common denominators..
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Old 1st Sep 2014, 09:36
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Two of the fastest growing true European operators joining forces!


Great news, hopefully this will be recognized by the oil industry with some new contracts.
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Old 1st Sep 2014, 09:55
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If all is so great why has one been taken over?

Nothing to do with unsustainable pay and conditions?
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Old 1st Sep 2014, 10:21
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NHV and Blueway to merge

Knowing nhv, must be a good deal! But whatever the reason, still it they become a major player and will challenge the americans in europe and that is great news!
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Old 2nd Sep 2014, 20:01
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I believe they want to buy the qualities and professionalism of Dancopter, in order to lift them selves to a higher standard.
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Old 2nd Sep 2014, 20:56
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have you read this......

Air Accidents Investigation: Eurocopter EC155B1, OY-HJJ

and this

http://www.pprune.org/rotorheads/543...ov-2013-a.html

not exactly a shining light of high standards
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Old 2nd Sep 2014, 21:25
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Originally Posted by lowfat

not exactly a shining light of high standards
Let's not forget the pending NHV 365 incident report. That is, if there is going to be a report...
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Old 2nd Sep 2014, 21:39
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@Lowfat: I'm not tying to defend the latest incident. You can always find weak points, every operator has weak spots. DC haven't had an accident yet.... Most North Sea operators have had their accidents. DC have had a few incidents and thanks to a strong FDM department, they do a lot to improve all the time.
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Old 3rd Sep 2014, 19:09
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Incident

Many operators in the NS have experienced similar incident the last couple of years, but have not reported them. DanCopter was open about this incident; open culture, just culture or no blame culture, call it what you want……..DanCopter and other operators have learned from this incident, which I think is the way forward in order to improve the safety.
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Old 3rd Sep 2014, 19:57
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Blueway - NHV merge

Hopefully it is a story of growth and professionalization!
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Old 4th Sep 2014, 07:03
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EC155: reading the incident report I would be very surprised if any other NS operator had such an event and did not report it. No way something like this could have been kept under the hat. So please come forward with information if you do have it. Smearing other operators is not the way to "prove" your loyalty.
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Old 4th Sep 2014, 07:11
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.

I wonder how long it will take for them to drop down to their lowest common denominators..
S76Heavy : please come forward with information if you do have it. Smearing an operator is not the way to "prove" your loyalty.


( Sorry but I could not resist to that one .)
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Old 4th Sep 2014, 07:25
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I will not make public the information I have received from several mostly ex-NHV pilots about their standards, hours and commercial pressure. I do know, however that several of them have opted to vote with their feet and even though no longer with NHV, I will not give information that may disclose their identity. I am not aware of any DanCopter pilots acting in the same way.

For the record, I am not connected to either side of the merger, nor wish to be. I do, however, have friends on both sides of the fence and I wish them well.
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Old 4th Sep 2014, 10:22
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Low fat - are you serious - are you highlighting 2 reports on same INCIDENT - which clearly proves the point that they have an open and just reporting culture?
You probably work for the company which strives for Zero Accidents - because they don't report them - you, sir, are low of something and not just fat!

Don't forget that several ex-Bristow guys work for DC and could spill the beans if they wanted but I guess they voted with their feet instead........it's a small world after all - never say never blah blah ;-)
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Old 6th Sep 2014, 08:43
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The first is the actual report the second is the pprune discussion on the report...
cant see your problem?

Did mummy take your Dolly away this morning?
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