Acquisition Brings de Havilland Business To Western Canada
Viking Air Limited has
acquired the Type Certificates for seven de Havilland legacy
aircraft, including the near-legendary DHC-2 Beaver and the DHC-6
Twin Otter, from Bombardier Inc. After receiving approval from
Transport Canada on January 31, 2006, the transfer of the Type
Certificates was completed last week during a ceremony at the
Canadian Aviation Museum in Ottawa.
"Ownership of the de Havilland Canada Type Certificates helps
establish Viking as a first-tier original equipment manufacturer in
the Canadian aerospace industry," said Viking President and Chief
Executive Officer David Curtis.
"This acquisition enhances Viking's proven ability to provide a
full range of services across all the de Havilland Canada product
lines to customers around the world."
The transfer of the Type Certificates completes a transaction
first announced in May 2005, at which time Viking acquired specific
assets from Bombardier's Commercial Service Centre (CSC) division,
including product support responsibilities for the seven de
Havilland heritage aircraft.
Since that time, Viking has successfully integrated the
Bombardier CSC responsibilities, expanded its operations in
Victoria, opened a warehousing and distribution facility in
Calgary, Alberta, and has almost doubled its workforce.
In acquiring the Type Certificates Viking gains the exclusive
right to re-start production for any of the seven de Havilland
Canada aircraft types. The company is currently assessing market
demand for each and will validate any positive findings with a full
due diligence review before proceeding any further.
"Historically, de Havilland has produced aircraft of unmatched
quality and reputation, and the global demand for de Havilland
products remains incredibly strong. This acquisition opens up a
number of new market opportunities for Viking. It represents a
major opportunity to establish a product oriented aerospace
industry in Western Canada and help build a critical mass of
aviation in the region."
In all, approximately 3,500 de Havilland Canada aircraft were
produced from 1947 to 1988, the largest fleet of aircraft produced
in post war Canada. A large percentage of these aircraft are still
in use today. The prototype DHC-2 Beaver, DHC-6 Twin Otter and DASH
7 are currently housed at the Canadian Aviation Museum in Ottawa,
along with several other de Havilland Canada heritage aircraft.
Since 1983, Viking has held the exclusive rights to spare parts
manufacturing and distribution for the venerable DHC-2 Beaver and
the DHC-3 Single Otter aircraft and has been a major supplier to
Bombardier on the DHC-6 Twin Otter and DASH Series product lines.
Viking now provides a complete range of services for de Havilland's
out of production aircraft, including spare part manufacturing and
distribution, sales and customer service, technical support, and
engineering services. The terms of the transaction have not been
disclosed.
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