Annual Review & Sustainability Report 2014 - page 24

24
CASE STUDY:
Avincis
A global helicopter
services provider
20
14
Case Studies
//
ANNUAL REVIEW & SUSTAINABILITY REPORT
“The co-operation with Investindustrial has
allowed Avincis to implement a successful
long-term value creation strategy mainly
focused on international build-ups.
Avincis is a global leader in emergency
helicopter services and represents a
unique platform from which to further
capture global growth and consolidation
opportunities in the sector. Avincis is a
leader as a result of its focus on operational
safety standards and its strong commitment
to invest in innovation, development and
fleet renewal”.
James Drummond
,
CEO
Avincis
Since Investindustrial’s entry in late 2005, Avincis
has been transformed from a domestic player to the
world’s largest emergency aerial services company.
Avincis (
) is the world’s largest provider
of emergency and mission critical aerial services contracted
on a long-term basis with public administrations. The Company
has over 40 years of experience with operations in Spain, Italy,
France, the UK, Portugal, Chile, Peru, Ireland, Norway, Australia,
Denmark, Finland and Sweden and is the most internationally
diversified operator in its sector.
Avincis operates the third largest helicopter fleet in the world
with approximately 350 aircraft as of the end of 2013, of which
139 are owned by the company. Headquartered in London, UK,
the company employs approximately 2,750 pilots, engineers and
other staff. With its size and diversification, Avincis has
a clear competitive advantage over its local peers, due to:
a large and modern fleet;
strong bargaining power with suppliers;
long-term public contracts with fixed revenues giving strong
visibility of earnings;
an extensive network of operating bases;
highly trained personnel with its own flight simulators;
proprietary maintenance facilities operating to the highest
standards of servicing;
other economies of scale such as insurance, procurement
and leading safety practices.
Avincis provides public clients with services including
emergency medical services, fire-fighting, sea and mountain
rescue, civil protection customs surveillance and services to Oil
& Gas platforms. The company’s market-leading position and
concession-based revenue profile has enabled Avincis to achieve
consistent growth and execute its global acquisition strategy in
recent years.
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