Wiking Helicopters
 

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.

Has this been substantiated or is it just a gripe from someone trying to stir things? We should know...

Are you on about the Beccles operation with the H145 supporting the Windfarms? Me and my missus drove past there few weekends ago on the way to Southwold.

They spent a fair bit of money on the Hangar.

As I type , their H145 is inbound to here at EGSC.

cheers

I'm stirring things up only in so much as I hope the owners do the right thing and pay their staff what they are due.

If everyone stays quiet then they win!

That’s your role here? Being some kind of helicopter messiah?

Please check your facts since what you wrote initially is wrong.

It is just trying to cause damage here. For what purpose?

I call B/S as if someone hasnt been paid for months I would guarantee sure as ****e they aint working there anymore.

What a shame at the reactions. Obviously there's some that don't care about staff being treated properly and fairly. All I can do assure you that there is no personal agenda, nothing underhand, and what I stated is based on fact. I don't wish to say any more as I hope the situation gets sorted soon.

After that you can all drawn your own conclusions and make your own life choices.

Sure.

You really believe that it’s even possible for an employer not to pay for months? Or even a month? How many court cases are now ongoing? Ever heard about labour law?

Do your fact check. No anonymous trial by forum posts.

I imagine anyone working for Caverton will have burst out laughing when they read that!

Something about smoke and fire?

While I would like to see Wiking succeed, the company does have some internal turbulence. Either paying or crewing/rostering. Maybe a disgruntled employee needed to get something of his or her chest,..?

Today is a good day for Wiking the CEO has left the company. Now 5 helicopter of 7 on ground due to technical reason. No spare parts on stock?

Indirectly owned/operated out of Turkey? I think it is controlled by one of their previous customers.

New Infos from today Wiking Helikopter Service is in Solvency.

oh dear! Restructuring or biting the dust?

I would expect that if they went into insolvency, then there would be a pause in flying while some "administrative matters" got sorted out. However, as I type this, three of the fleet are airborne and a fourth flew earlier in the day

I don't see Wiking in the official insolvency register.

GoodGrief for your info:10 IN 46/22: In dem Insolvenzantragsverfahren über das Vermögen der WIKING Helikopter Service GmbH, JadeWeserAirport, Flugplatz 1, 26452 Sande (AG Oldenburg, HRB 207825), vertr. d.: Thorsten Vogt, Am Roland 27, 40883 Ratingen, (Geschäftsführer), ist am 15.06.2022 um 15:45 Uhr die vorläufige Verwaltung des Vermögens der Antragstellerin angeordnet worden. Verfügungen der Antragstellerin sind nur mit Zustimmung des vorläufigen Insolvenzverwalters wirksam. Zum vorläufigen Insolvenzverwalter ist Dr. Christian Kaufmann, c/o PLUTA Rechtsanwalts GmbH, An der Reeperbahn 2, 28217 Bremen, Tel.: 0421/835008-0, Fax: 0421/835008-49, E-Mail: [email protected], Internet: www.pluta.net bestellt worden.Sorry the message is only in German!!!!

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.

From FlightGlobal:
German offshore transport specialist Wiking Helikopter Service has entered administration on the back of rising fuel costs, loss-making contracts and the lingering effects of the coronavirus pandemic.

Sande-based Wiking was placed into administration on 15 June, with Dr Christian Kaufmann of Bremen insolvency practitioner Pluta Rechtsanwalts provisionally appointed to handle the company’s affairs by a Wilhelmshaven court, German insolvency service documents show.

Pluta blames the financial problems on the effects of Covid-19 on the business, alongside “unprofitable long-term contracts, as well as significantly higher energy and fuel costs, an unfavorable financing structure and considerable pension costs.”

Flight operations will continue while options for restructuring are analysed, Pluta adds.

Founded in 1975, Wiking operates in the North Sea region – including a UK subsidiary, Wiking Helicopters Ltd – specialising in the offshore transport of maintenance personnel to windfarms and of pilots to ships.

Wiking flies a fleet of five Airbus Helicopters H145 light-twins and five Leonardo Helicopters AW139 intermediate-twins, Cirium fleets data shows; it has two more AW139s on order.

Operations were carried out from four bases: Emden, Husum and Sande in Germany, plus Wick in Northern Scotland.

Obviously not then!