Helitrans AS becomes the sole owner of the Icelandic helicopter company Þyrluþjónustan ehf, which owns “Reykajvík Helicopters” and “Helo”. The seller is Narro ehf. The purchase price is confidential.

HELITRANS AS was founded in 1990 and is one of the largest helicopter companies in the Nordics. They own and operate 26 helicopters that operate at the company’s 15 bases. The company also has a flight and helicopter school in Sweden. The company’s head offices are at Værnes Airport in Trondheim.

CEO of Helitrans AS, Ole Christian Melhus, states that Helitrans has been in partnership with the Þyrluþjónustuna for a period of time and has built up a good level of expertise in the Icelandic market. He is also looking forward to working in the Icelandic market, which offers a growing need for helicopter services. Iceland is an attractive tourist destination and many have put the island on their “bucket list” through all the wonderful sights that Iceland has to offer. Helitrans will also be able to contribute highly skilled pilots for flying with suspended loads and building power lines, which are the company’s special competencies.

Chairman of Þyrluþjónustan ehf, Fjölvar Darri Rafnsson, says that the acquisition represents a big step into the future for helicopter operations in Iceland, especially for our employees and customers. Helo and Reykjavik Helicopter are quite well know brands in Iceland and Helitrans will just make them stronger. The last few years have been exciting and challenging to operate and I am grateful to our employees and customers.

Helitrans has 18 Leonardo AW09 helicopters on order, which will be deployed on the Norwegian and Icelandic markets in line with the company’s expansion plans.

For more information, Fjölvar Darri Rafnsson, chairman of Þyrluþjónustan ehf, can be contacted at darri@helo.is, and Ole Christian Melhus, managing director of Helitrans AS, at ole.christian.melhus@helitrans.no.

This press release was prepared and distributed by Helitrans.