Canadian Helicopters Income Fund (TSX: CHL.UN) has announced a receipt of a Notice of Intent from the U.S. Department of Defense to exercise "Option Year 1" of their contract with Canadian Helicopters. The contract provides for transportation services in Afghanistan. The extension covers the period between December 1, 2009 and November 30, 2010. This marks the first of four one year renewal periods originally contracted with the U.S. Department of Defense. The support contract involves the provision of three crewed and supported Bell 212 medium category aircraft.
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ABOUT CANADIAN HELICOPTERS INCOME FUND
Through Canadian Helicopters Limited, Canadian Helicopters Income Fund is the largest helicopter transportation services company operating in Canada and one of the largest in the world based on the size of its fleet. From over 40 base locations across Canada, Canadian Helicopters provides helicopter services to a broad range of sectors, including emergency medical services, infrastructure maintenance, military support, utilities, oil and gas, forestry, mining and construction. In addition to helicopter transportation services, Canadian Helicopters operates three flight schools and provides third party repair and maintenance services. With over 60 years of experience, Canadian Helicopters is an industry leader in establishing safety standards and operating procedures.
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