As part of its fleet strategy to meet increased demand from customers and improve airframe utilisation, OHS has chosen to phase out its first generation S92s and replace them with younger models.

Following an investigation by the UK’s Competition and Markets Authority, it was decided that CHC was required to divest OHS UK, and an auction process was undertaken, from which Ultimate emerged victorious.

The CMA claimed the merger between CHC Group and Offshore UK would result in a lessening of competition in O&G offshore transportation services in the UK, so CHC had to find a suitable buyer.