Former Helicopters NZ posts loss amid break up and sale
HNZ was sold to two overseas buyers in a deal worth $260m.
Nelson-based helicopter company HNZ New Zealand recorded a net loss of $4.4 million last year before its parent was split up and sold in a deal worth about $260m.
The company, originally owned by the late Alan Hubbard, was owned by Toronto-listed Canadian Helicopters which bought the business
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Duncan Bridgeman
Thu, 19 Jul 2018
Thu, 19 Jul 2018
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Former Helicopters NZ posts loss amid break up and sale
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