HeliPro director calls in receivers

Photo / NZPA Ross Setford

Helicopter company HeliPro has gone into receivership.

PwC partners John Fisk and David Bridgman have been appointed receivers to Rick Lucas Helicopters Ltd, and related entities, which trade as HeliPro, PwC said.

The receivership had occurred as a result of a request by the director of the companies, PwC said.

HeliPro operates from eight bases throughout New Zealand as well as having operations in Fiji and Australia.

In addition to commercial and tourism helicopter activities, the business also provides maintenance services and both helicopter and fixed wing flight training, employing about 70 staff.

"The receivers will work with management, staff and customers to determine the best way forward with a view to achieving a sale of the business as a going concern either as a whole or in part," PwC said in a statement.

The receivers were yet to determine the full extent of creditor claims, PwC said.