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.