CHC files for bankruptcy protection

Canadian helicopter operator CHC Group has filed for bankruptcy protection as part of a financial restructuring effort after being hit by a slump in demand from the oil and gas industry due to low oil prices.

Remains: rotors from Super Puma that crashed off Norway
Remains: rotors from Super Puma that crashed off Norway
Published 5 May 2016, 10:10Updated 25 October 2016, 15:36
Americas