Greenwich AeroGroup announced at Heli-Expo 2012 that it now owns 60 percent of Helivia Aero Taxi, S.A., of Rio de Janeiro, Brazil, which services offshore and onshore clients in the oil and gas industries with a diverse fleet of helicopters.

“The Brazilian oil and gas industry is booming and we see an opportunity to invest up to $50 million in Helivia over the next few years,” said Jim Ziegler, president and CEO of Greenwich AeroGroup since 2009. “We have already acquired four helicopters that will become part of Helivia's fleet, and we are providing additional funds to support the company's operational growth.”

Ziegler tasked his executive vice president of business development, Gerry Goguen, to spearhead the investment. Goguen is working closely with Helivia's founder, Helio Ribeiro, to develop and implement strategies that will take advantage of the growing market for the company's services.

Greenwich AeroGroup companies including DAC International, Matrix Aviation, Summit Aviation and Professional Aviation Associates will provide logistical support to Helivia to improve its fleet reliability.