Atlantic Airways P/F - Fyrirtækjafréttir

Atlantic Airways wins tender to provide Statoil helicopter service

Atlantic Airways has won a tender with Statoil to provide helicopter service in
connection with oil exploration in Faroese waters in 2014. Atlantic Airways
will also provide fixed wing transport during the period of exploration
drilling, which is expected to start in Q2 2014 and estimated to last for 5-8
months. 

The helicopter service will be provided with an AW139 helicopter, which
Atlantic Airways will lease in to fulfil the contract. 

The contract is worth a total of approximately 26-41 million DKK in revenue.

Atlantic Airways has provided domestic helicopter services in the Faroe Islands
since 1994 and SAR since it was initiated in 2001. Since 2001 the company has
also provided offshore services in the Faroese, UK, Danish and Dutch sectors. 

Atlantic Airways currently operates two Bell 412 helicopters, three Airbus 319aircraft and one BAE Avro RJ-100 aircraft. The Faroe Island based carrier is
servicing the Faroe Islands with air services, but provides also capacity for
operations outside the Faroe Islands. 

For further information contact:
Jørgen Holme, CEO, tel +298 213720