Press Release

Issued by Heli-One.

February 26, 2016

Heli-One, a leading global provider of helicopter maintenance, repair and overhaul (MRO) services has sold three Airbus AS332 (L & L-1) Super Puma aircraft on behalf of CHC Helicopter (CHC) to Heli Austria, an operator serving the utility, EMS and charter industries in Europe. Heli-One will perform modifications and maintenance work to ready the aircraft for Heli Austria as well as provide ongoing MRO support and parts resourcing.

The three AS332s join Heli-Austria's existing fleet of Bell, MD, and Airbus helicopters operating primarily in Austria.

"I am excited to add Super Pumas to our fleet which offer excellent value for capability and will diversify our operational reach and capabilities,” stated Roy Knaus, owner of Heli Austria. “Heli-One was a natural fit as a business partner by being able to facilitate the sale from CHC, their Super Puma expertise, and maintenance capabilities.”

"We are delighted to support Heli Austria's addition of Super Pumas to their fleet,” said Anthony DiNota, president, Heli-One. “By offering quality, well maintained helicopters for purchase along with a full array of AS332 modifications, maintenance work, and training services we are exceptionally equipped to quickly make these aircraft mission-ready for Heli Austria and provide them with continued maintenance and mission support.”

Heli-One has more than 30 years of experience in providing AS332 support and maintenance work. In addition to extensive MRO capabilities, Heli-One also has a rich portfolio of mission-specific modifications covering a wide range of industries. For these three aircraft, Heli-One will de-configure from oil and gas and install cargo hooks to suit Heli Austria's operational needs. The work will be performed between two facilities in Delta, Canada and Rzeszow, Poland. The aircraft will be delivered to Heli Austria this spring.