CITIC Offshore Helicopter

August 7, 2013 - 2:25am

Mitsubishi has contracted with Sikorsky to acquire 11 S-76Ds for search-and-rescue operations by the Japan Coast Guard. Meanwhile, in China, Citic Offshore Helicopter has ordered two S-92s for offshore oil transportation. Sikorsky plans to deliver the new S-92s in December next year and March 2015. In another Chinese deal, Sikorsky and Zhuhai Helicopter announced a contract for four Sikorsky S-92s to be used for offshore missions.

March 6, 2013 - 4:35am

China-based Citic Offshore Helicopter, which operates mainly medium twins for offshore passenger transportation, plans to divest its 94-percent stake in Citic General Aviation, for at least $13 million, according to Chinadaily.com. Citic General Aviation has a fleet of 18 helicopters and three business jets. As Citic General Aviation could not “perform in a large scale due to the limited number of jets it owns,” it posted “low revenue” in the last few years. It was profitable but all the profits were made by the helicopter business, while the business jet sector posted losses.

January 4, 2012 - 3:05pm

Citic Offshore Helicopter (COHC) has ordered seven EC225 LP long-range helicopters in a new agreement with Eurocopter. The deal also paves the way for the two companies to pursue future joint ventures in training and maintenance to serve China’s rapidly developing rotary-wing market. Under the terms of the agreement COHC and Eurocopter will develop cooperative training services and establish a maintenance facility for China and the wider Asian marketplace.

December 2, 2008 - 4:39am

Eurocopter has received orders for 10 EC 155 Dauphins and five AS 350B3 Ecureuils from two Chinese companies. Citic Offshore Helicopter will operate the EC 155s, the deliveries of which will start next year. Meanwhile, the AS 350B3s will be delivered over the next two years to Allyway and leased to various Chinese operators. This is the first order for the B3 variant in China.˜

 
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