Helicopter rescue firm CHC Ireland lands profit of €3.4m

Profits at the company that operates the €500m State contract to provide helicopter Search and Rescue — SAR — services last year increased eight-fold to €3.4m.

New figures lodged by CHC Ireland Ltd show the firm recorded the sharp rise in pre-tax profits after revenues jumped by almost €10m to €48.38m.

Canadian-owned CHC Ireland provides the SAR Service from its four main bases at Dublin, Sligo, Shannon, and Waterford for the State.