43: BOND AVIATION GROUP

The origins of the Bond Air Group go back to the sixties, when the late David Bond founded the group. The company expanded rapidly until, by the nineties, it had 110 helicopters operating globally. In the late nineties, it merged with the Helikopter Services Group (HSG) to form a large multi-national. In 1999, Peter and Steven Bond purchased the onshore operations (Bond Air Services) back from HSG and the company now operates from 15 sites in the UK. In 2001, a new company was formed – Bond Offshore Helicopters, which, a year later, was awarded the largest ever offshore contract with BP. The ten-year contract was worth £120m, with a five-year extension option. Shortly afterwards, it was also awarded BP’s search and rescue contract and, last year, it purchased Gloucestershire Airport. Turnover soared to £62.665m in 2008, with pre-tax profits of £4.8m

www.bondaviationservices.com

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