TacticScale
Industrials · Airports & Air Services

CITIC Offshore Helicopter Co., Ltd.

China's leading offshore helicopter operator serving oil and gas

Understand CITIC Offshore Helicopter →

What CITIC Offshore Helicopter does

CITIC Offshore Helicopter flies helicopters that ferry workers and cargo between the Chinese mainland and offshore oil and gas platforms. It also runs emergency rescue, maritime law-enforcement patrols, port pilotage, medical assistance and sightseeing flights, and maintains and repairs helicopters and aircraft parts at its own facilities. The company operates a fleet of roughly 80 helicopters from bases in Shenzhen, Tianjin, Zhanjiang, Shanghai, Hainan and Wuhan.

How CITIC Offshore Helicopter makes money

It earns flight-hour and contract revenue from oil companies and Chinese government departments for offshore transport, rescue and patrol missions. Additional income comes from helicopter leasing and management, third-party maintenance and repair, aviation materials trading, and training services.

Products & services

Sector Industrials Industry Airports & Air Services HQ China Ticker 000099.SZ Official site