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Wiking Helicopters

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Wiking Helicopters

Old 18th Jun 2022, 02:00
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More than a rumour it seems

https://www.flightglobal.com/helicop...149048.article

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Old 18th Jun 2022, 06:05
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Used their hangar in Sande to do a few bits and bobs on a 135 back in 2011 when a lot of the founding staff were still there. Outstanding bunch with a wealth of experienced and capable people then.

They probably did most of the heavy maintenance for S76's in Continental EU. The workshop as you can appreciate being in Germany didn't lack for anything to do just about whatever you could imagine.

They used to manufacture a lot of airframe parts in house to keep a few old "B" model 76's going. It was about the time they operated their first AW139 which drew a few candid comments!

Guess the place has changed considerably but still not great to hear of the current woes............
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Old 18th Jun 2022, 07:09
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Originally Posted by Variable Load View Post
It appears Wiking are in serious financial trouble. Many UK based staff have not been paid for months, with nothing but excuses being made from Germany.

If you are considering taking on a position with Wiking, I suggest you think twice.

If you are employed by Wiking at the moment, I would try and apply as much pressure as you reasonably can. That usually involves removing the service to the customer! I wish you well.
You’ve got to hand it to VL, he called it and despite the doubters, he was spot on!
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Old 18th Jun 2022, 09:15
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Yes - well anyone who knows who VL is would also know that his sources/information are likely to be accurate, and he is not likely to be making stuff up.
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Old 18th Jun 2022, 13:23
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Chapter 11 in the US allows protection from creditors insitsing on the business paying outstanding debts: which can force a bankrupcy. If there is a viable business to be rescued, turning and burning to get through an insolvency is better than a bankrupcy. If not, it's just delaying the inevitable.
@Torquetalk >> absolutely - and US Chapter 11 is similar to UK "Administration" where there is the expectation of coming out the other side "leaner and meaner" than before. In practice there is usually brief halt to get the paperwork done to establish (eg) who is now the signatory authority on contracts etc. I've seen a 50-year-old family business be forced into that UK system at close hand. In official legal wording, "bankruptcy" in the UK can only be linked to persons, not companies.
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Old 18th Jun 2022, 13:26
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Is the UK part of Wiking implicated in this? Wiking UK is 51% owned on paper by a 79-year old British national and a combined 48.5% by three members of the Turkish family who own Wiking Germany's UHC Basari Holding (ie not owned on paper via Wiking Germany). It's only the last 0.5% that shows as being owned by Wiking Germany. There would clearly be an "intercompany account" between UK and Germany which may come into play, though.

Parapex fleet data and WINGX activity data show that the one of the five H145s in the combined Wiking fleet has never flown for the company since import to the UK through LHR cargo from PHI Australia on 1st May, one AW139 has not flown since 7th February. Additionally Wiking UK have a base at Beccles in Suffolk, not just the one at Wick in Scotland

Last edited by helihub; 20th Jun 2022 at 06:42.
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Old 19th Jun 2022, 07:07
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Originally Posted by helihub View Post
@Torquetalk >> absolutely - and US Chapter 11 is similar to UK "Administration" where there is the expectation of coming out the other side "leaner and meaner" than before. In practice there is usually brief halt to get the paperwork done to establish (eg) who is now the signatory authority on contracts etc. I've seen a 50-year-old family business be forced into that UK system at close hand. In official legal wording, "bankruptcy" in the UK can only be linked to persons, not companies.
Now you say it that makes sense, haven't heard the term bankrupcy in connection with a company.

Hope it works out and that a viable business emerges. I think that neck of the woods is replete with operators fallling over themselves to get in on the wind park action and please the customer. Even if that means business models that are not sustainable. Some Norwegian legislation would not got amiss.
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Old 20th Jun 2022, 06:54
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Originally Posted by Torquetalk View Post
operators fallling over themselves to get in on the wind park action
Not forgetting that the UK has had the operation of three windfarm support EC135s have their contracts cancelled. At one time there were two EC135s operating from Sandscale HP (nr Barrow, Cumbria) and another EC135 from a Lowestoft.

Our industry seems bad at trying to get the message across to windfarm operators that the pollution produced by (slightly cheaper) chug-chug boats is far worse for their sustainability records than a point-to-point helicopter.
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Old 20th Jun 2022, 15:50
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For anyone interested, Pluta, the German administrator, says: Wiking Helicopter Service Ltd is not affected by the application for insolvency.
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Old 17th Aug 2022, 14:01
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Heli Holland

It appears to be Heli Holland being left interested to buy the remainings.

Does anyone know if they got that UK AOC at all?
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Old 18th Aug 2022, 11:19
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Originally Posted by FlyingDutch2012 View Post
It appears to be Heli Holland being left interested to buy the remainings.

Does anyone know if they got that UK AOC at all?
I don't believe they did achieve their UK AOC, but i could be wrong.
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Old 18th Aug 2022, 12:00
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Unifly have just been awarded a UK AOC haven't they ?
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Old 18th Aug 2022, 14:28
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Originally Posted by newaviator View Post
Unifly have just been awarded a UK AOC haven't they ?
Yes they have issued a press release, a couple of weeks ago.
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Old 18th Aug 2022, 19:47
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Although there's no sign of the UK registered AW169 actually flying. All flights from Humberside are still being conducted by OY-HOF.
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Old 18th Aug 2022, 20:42
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Originally Posted by FlyingDutch2012 View Post
Does anyone know if they got that UK AOC at all?
As at 1st August 2022, Wiking did not have a UK AOC
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Old 24th Aug 2022, 10:56
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I hear the U.K. arm is also folding.
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Old 24th Aug 2022, 13:27
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Originally Posted by FloaterNorthWest View Post
I hear the U.K. arm is also folding.
Beccles-based machine left a couple of weeks ago.
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Old 24th Aug 2022, 15:56
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Originally Posted by Variable Load View Post
Although there's no sign of the UK registered AW169 actually flying. All flights from Humberside are still being conducted by OY-HOF.
Speculation over - the UK-registered 169 (ex OY-HOW) is now plying its trade offshore and back as G-UNIA
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Old 24th Aug 2022, 16:57
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Originally Posted by 206 jock View Post
Beccles-based machine left a couple of weeks ago.
The German Wiking business is still flying
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Old 25th Aug 2022, 07:17
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Originally Posted by Medevac999 View Post
The German Wiking business is still flying
Yes apparently Wiking's UK business has closed the door. The German arm is still operating, for how long who knows!
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