New Launch6 Jan 2026, 12:37 pm
Exhicon Subsidiary, United Helicharters, Readies Airbus H125 Helicopter for Commercial Deployment
AI Summary
Exhicon Events Media Solutions Ltd's subsidiary, United Helicharters Private Limited (UHPL), has completed operational formalities for the deployment of its Airbus H125 Helicopter. The helicopter was acquired from Savbak Helicopters AB, Sweden, through a fully paid transaction last year. It is now ready for commercial deployment under a five-year dry lease agreement with Pinal Holidays & Aviation. This deployment aligns with UHPL's capital-efficient investment strategy, aimed at improving return on capital employed (ROCE), reducing utilisation risk, and enhancing earnings visibility for shareholders.
Key Highlights
- United Helicharters Private Limited, a subsidiary of Exhicon Events Media Solutions Ltd, has readied an Airbus H125 Helicopter for commercial deployment.
- The helicopter was acquired from Savbak Helicopters AB, Sweden, and is now ready for operation under a five-year dry lease agreement with Pinal Holidays & Aviation.
- The deployment aligns with UHPL's capital-efficient investment strategy, aimed at improving ROCE, reducing utilisation risk, and enhancing earnings visibility for shareholders.