CHC Awarded $14 Million Contract Renewal in Thailand.Business Editors ST. JOHN'S, Newfoundland & LABRADOR, Canada--(BUSINESS WIRE)--Nov. 13, 2003 CHC Helicopter Corporation ("CHC CHC Chicago Cubs CHC Community Health Center CHC Chestnut Hill College (Philadelphia, Pennsylvania) CHC Congressional Hispanic Caucus CHC Community Health Council (UK National Health Service) ") (NYSE NYSE See: New York Stock Exchange :FLI FLI - Flash Lights Impressively. ) (TSX:FLY.A) (TSX:FLY.B) announced today that its operating division CHC Helicopters International has received notification of a contract renewal by PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries. (2) See push-to-talk. PTT - Post, Telephone and Telegraph administration Exploration and Production, Thailand for the provision of two Sikorsky S76A++ helicopters. The contract award, effective January 24, 2004, extends the existing relationship between the two parties under new terms and conditions and will generate anticipated revenues of approximately CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $14.1 million over the two-year term. CHC Helicopter Corporation is the world's leading provider of heavy and medium helicopter services to the global offshore oil and gas industry, with aircraft operating in 23 countries and a team of approximately 2,500 professionals worldwide. If you wish to be added to, or removed from, the Company's distribution list, please contact communications@stjohns.chc.ca. This press release may contain projections and other forward-looking statements within the meaning of the "safe harbour" provision of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. While these projections and other statements represent our best current judgement, they are subject to risks and uncertainties that could cause actual results to vary. These statements may involve risks and uncertainties including, but not limited to, factors detailed in CHC's Annual Report on Form 20-F and in other filings with the United States SEC. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. |
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