Name: CHC Helicopter Corp. (FLI)
Web Site: http://www.chc.ca
Brief Description: CHC Helicopter Corporation, through its subsidiaries, provides helicopter transportation services to energy companies and independent and state owned oil and gas companies worldwide. It principally provides helicopter transportation services for production and exploration activities and, to a lesser extent, parts and equipment. CHC Helicopter also provides helicopter transportation services for emergency medical and search and rescue activities, as well as ancillary services, such as flight training. In addition, it offers repair and overhaul services, aircraft leasing, integrated logistics support, helicopter parts, safety and survival equipment, and other related services. As of April 30, 2005, the company operated 215 aircraft, comprising 76 heavy helicopters, 115 medium helicopters, 10 light helicopters, and 14 fixed-wing aircraft. It primarily operates in the United Kingdom, Norway, the Netherlands, South Africa, Australia, and Canada. CHC Helicopter is headquartered in Richmond, Canada.

FLI's stock price increased by 13.9% since we had assigned a Buy rating in February 2005.

We assign a Neutral rating to FLI. We are mainly concerned about high stock volatility and decreasing trading volume.