GE Capital to finance Universal deal GE Capital announced that it is providing a $10 million senior credit facility to a group of investors to purchase and operate Universal Helicopters Newfoundland and Labrador (UHNL), a regional helicopter services company.
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EADs to cut 5,800 jobs as part of major overhaul European air and defence company EADS, the parent company of Airbus, is cutting 5,800 jobs over the next two years as part of a major overhaul to reduce costs and refocus on civil aviation.
No application yet to end ban of offshore night flights David Moores is a lawyer and a resident of St. John’s, and has piloted small helicopters at night. With a family member working in the offshore oil industry, he is closely following the public debate over nighttime flights for offshore workers.
Regina heliport will save time for critically ill The Shock Trauma Air Rescue Society (STARS) is ready to land at Regina General Hospital now that Transport Canada has certified the new $3.4 million rooftop heliport for use.