HeliPro director calls in receivers

Rick Lucas Helicopters, which owns the red helicopter tourism company HeliPro, has been tipped into receivership by its director.

Sole director of the business Rick Lucas appointed PwC partners John Fisk and David Bridgman as receivers for the Palmerston North-based company and its related businesses, the accounting firm said in a statement. The HeliPro business employs 70 people and has 35 helicopters across its eight New Zealand bases as well as in Australia and Fiji.

As well as running tourist flights, HeliPro also offers commercial services including fire-fighting, mining exploration, flight training and power line surveying and maintenance.

The receivers are looking to sell the business as a going concern either as a whole or in part. They were yet to determine the full value of the business.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

The oil shock
Air New Zealand suspends FY2026 guidance
March 10th Morning Report
FSF - Mainland Group sale unconditional
TRU - Study Confirms Superiority of TruScreen+hr-HPV co-testing
March 9th Morning Report
March 6th Morning Report
PEB - First Triage Plus Tests Ordered from Townsville
March 5th Morning Report
Devon Funds Morning Note - 04 March 2026