Management Aviation Ltd

1. Title of report: Bond Helicopters Ltd and British International Helicopters Ltd (MMC - Cm 2060)

2. Date of report: 19 August 1992 Published: 16 September 1992

3. Orders: N/A

4. Date of original undertakings: 23 October 1992

5. Companies giving undertakings: Management Aviation Ltd (formerly Bond Helicopters Ltd)

6. Details of undertakings: Undertakings not to acquire

(i) Not to acquire any interest in any part of the undertaking or assets of the North Sea helicopter business of British International ('the Business')

(ii) Paragraph (i) above shall not prevent:

(a) any acquisition of assets in the ordinary course of business (save that such assets shall not, except with the consent of the Director General, include any helicopters); or

(b) any holding of shares or any interest in shares in any company which relates to less than 15 per cent of its issued share capital and carries less than 15 per cent of the voting rights.

7. Date of amendments: N/A

8. SIC code: 62.20/1 (Helicopter transport)

Back to: Mergers undertakings