Bond wins a multi-million dollar Australian contract

Bond Helicopters Australia Pty Ltd (Bond) has announced that it has won a multi-million dollar, five-year contract with the PTTEP Australasia Group of Companies (PTTEP), part of Thailand’s national petroleum exploration and production company.

This is Bond’s first major contract in the region, and marks the company’s entry into one of the fastest growing offshore markets in the world.

Bond will provide three Eurocopter EC225 helicopters to support PTTEP’s operations in the Timor Sea. Flight operations are scheduled to begin in November 2013, from Mungalalu-Truscott, Western Australia.

The company is part of the Avincis Group of companies. The Group has a strong presence in the North and Mediterranean seas, where it has decades of experience serving oil & gas companies, particularly through its Aberdeen-based subsidiary Bond Offshore Helicopters. In 2012, the Group transported 175,900 oil and gas passengers.

John Boag, managing director, Bond Helicopters Australia, said: “We are very excited to be working with PTTEP. This our first contract in the region, and I look forward to continuing to build our business in one of the world’s fastest growing oil and gas markets. Bond has a long history of serving the offshore oil and gas market in Europe and we will use that experience to ensure we provide PTTEP with a safe and operationally excellent service.”

Richard Mintern, CEO Avincis, Northern Europe & Asia Pacific, said: “This is a significant new relationship for us, and provides an excellent platform for our entry into a new market with real opportunities for growth.  We are delighted that PTTEP has chosen Bond Helicopters Australia for the provision of these services. Bond is supported by the global resources and expertise of the Avincis Group, and shares the Group’s commitment to Zero Accidents.”

Avincis already operates in Australia through its subsidiary Australian Helicopters, which provides mission critical helicopter support for a range of services, including air ambulance, search and rescue, law enforcement and marine pilot transfer.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: or follow him on twitter @Terry_Spruce

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