Rotorcraft
Canada's Universal Helicopters Shuts Down
Citing debt, Covid-19, Universal Helicopters ceases operations

Canada’s Universal Helicopters ceased operations last week. The move comes after the almost 60-year-old company based in Happy Valley-Goose Bay, Canada, made several unsuccessful, debt-fueled acquisitions and investments in recent years and also as a result of the Covid-19 pandemic. Universal operated a mixed fleet of 35 mostly Airbus and Bell light singles.


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