Airwork to sell helicopter division to Salus

Airwork to sell helicopter division to Salus
Helicopter sales are part of Airwork's operations. (Image: Airwork)
Dan Brunskill
New Zealand's largest general aviation company, Airwork Holdings, is in discussions to sell its helicopter division to Salus Aviation, BusinessDesk understands. The deal remains subject to some conditions. Former NZ Bus chief executive Shane McMahon leads Airwork's helicopter division.Salus Aviation is owned by NZ investment bank Bancorp and operates two trading companies: Oceania Aviation and Heli Parts Network.Oceania has more than 120 employees and operates in NZ and the United States. Heli Parts Network is a specialist helicopt...