BOND Offshore Helicopters has reported a jump in turnover and profitability.
Turnover for the year to the end of March was just over £54million, compared with just under £41million the year before.
Pre-tax profits were £3.18million compared to £2.22million previously, according to the results released yesterday by Companies House.
Bond managing director Bill Munro said: “Considerable progress was made in the year in developing our UK operations.
“This is exemplified by a significant increase in hours flown on our expanded fleet and we are pleased with the resulting financial performance, however, these successes were overshadowed by the ditching in mid-February and the fatal accident in April, and all of those affected remain very much in our thoughts. We are adhering in the current year to our strategy for growth, with new clients secured, major investment in staff and aircraft, and further expansion of operations to come in 2010.”
In April, two pilots and 14 oil workers died after a “catastrophic” gearbox failure sent a Bond Super Puma AS332 L2 crashing into the sea 14 miles from Peterhead.
In February, a Bond Super Puma EC225 ditched 125 miles east of Aberdeen. All 18 people on board survived.
Bond is expected to reveal details of its latest contracts and investment later this week.