Global Vectra Helicorp (GVHL) a Vectra group company, is India’s largest private helicopter company, with a fleet of 29 aircraft, including Bell Helicopters (Bell 412) and Eurocopters (EC 155, B1, EC 135 P2, and AS 350 B3). The fleet of helicopters, which range from small light helicopters to medium sized twin helicopters, offer seating capacity of 4-12 passengers.

GVHL is the one of the largest dedicated offshore transportation services companies in the country. The company has operations in both east & west coasts serving blue chip companies such as Reliance, British Gas, Gujarat State Petroleum Corporation, the largest Oil & Gas Corporation in India.

Through its onshore ‘Birdie’ division, GVHL offers charter and airport shuttle services throughout the country.

GVHL is listed on the National Stock Exchange and the Bombay Stock Exhange. It is an ISO 9001-2000, 14001-2004, and OHSAS 18001-1999 certified company. These certifications cover all GVHL activities, including flight operations, engineering, safety, quality control, and commercial systems. GVHL’s maintenance facility at the Juhu air base in Mumbai meets international quality standards and has received certification from the DGCA (Director General of Civil Aviation).

GVHL has a team of highly experienced pilots, all of whom are rated on the Bell 412 helicopter and Eurocopter. These pilots are predominantly from the defence services and possess extensive flying experience in all kinds of difficult environments. Their average flying experience is 7,500 flight hours.

Key competitive strengths of the company are:

Long-term operations and strong relationships
A large and modern fleet of helicopters
State-of-the-art maintenance facilities in our own hanger
In-house maintenance, repair and overhaul (MRO) support capabilities
Experienced and professional management
Focus on safety

Awards & Achievements:

The company is an ISO 9001-2000, 14001-2004, and OHSAS 18001-1999 certified company.

Recent developments

Private charter jet operator BJETS has tied up with the helicopter charter company Global Vectra Helicorp (GVHL) in May 2009 to offer end-to end private travel solutions to customers. Under the long-term memorandum of understanding (MoU), the companies would offer pre-paid hour cards which can used seamlessly across the BJETS and GVHL’s fleet.

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
GLOBALVECT	60.3(3.0%)	82	4.3	0.0	8.1	-12.3
JETAIRWAYS	51.6(0.0%)	590	-0.0	0.0	6.5	0.0
SPICEJET	31.7(0.0%)	1,596	-0.3	0.0	0.0	0.0
INDIGO	2343.8(0.0%)	90,345	-14.1	0.0	44.5	41.7
HAL	3080.75(0.0%)	1,02,978	4.4	17.7	30.4	29.2

Peer Comparison