Helicopter Investor

Eurocopter Espana has acquired stake in SHSC

by · April 26

Eurocopter Espana and TAF HelicoptersEurocopter España has
acquired an 80 percent stake in the new company Sabadell Helicopters Service
Center (SHSC) bringing together the aircraft maintenance and repair activities
of TAF Helicopters.

Eurocopter purchased 80%
stake in the new company Sabadell Helicopters Service Centre (SHSC). With an
initial staff of 35 technicians based at Sabadell
Airport, near Barcelona, SHSC will enable Eurocopter to
provide direct, specialised support for all civil helicopter fleets.

There are currently more
than 700 civil helicopters registered in Spain with Eurocopter products
accounting for 60% of the Spanish fleet.

“This acquisition is an
integral part of Eurocopter’s strategy of developing support and services activities”
says Francisco Vergé, chief executive of Eurocopter España. “The new logistics
platform will enable us to respond to the support needs of the operators in a faster
and more efficient way”.

“The establishment of SHSC
is good news for all light helicopter operators,” says Eduardo Miralta, chief
executive of TAF Helicopters. “This new logistics platform will ensure that
operators have more competitive fleets, safer helicopters, higher availability
rates and reduced maintenance costs.”

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: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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