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Wednesday, June 18, 2014

Bond Australia Renews Vector Super Puma Deal

Helicopters are in operation with PTTEP Australasia, which is part of Thailand's national petroleum exploration and production company.

By Emma Kelly, Australia and Pacific Correspondent

Bond Helicopters Australia has extended a leasing and support agreement with helicopter lessor Vector Financial Services for two Airbus Helicopters AS332L Super Pumas as Bond establishes and grows its business in the region.

The Super Pumas have been used to launch Bond’s business in Australia, which was established late last year. The helicopters have been operating under the new Australian division’s first contract in the region – a multi-million dollar, five-year contract with PTTEP Australasia, which is part of Thailand’s national petroleum exploration and production company. The helicopters have been operating from Australia to offshore platforms in the Timor Sea for PTTEP Australasia.

“The Vector team understands the level of support our operations need and are committed to delivering the quality of service we demand,” says John Boag, managing director of Bond Helicopters Australia.

Late last year, Bond Australia took delivery of two Airbus Helicopters EC225s for offshore crew change missions for the PTTEP contract, with a third due for delivery this year, leased from Waypoint Leasing. Bond is looking to grow its business in what is one of the world’s fastest growing offshore industries.

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