Great Slave Helicopters granted bankruptcy protection

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Great Slave Helicopters, one of three Yellowknife-based subsidiary companies belonging to Discovery Air, is restructuring its operations and selling assets, stated a Canadian News Wire news release yesterday.

In March, Discovery Air had filed for bankruptcy protection and had been given until July 31 of this year to get its finances straightened out.
The announcement was based on a decision by the Ontario Superior Court of Justice to allow creditor protection for the company.

According to the media advisory, Discovery’s two other companies – Air Tindi Ltd., and Discovery Mining Services – remain unaffected by the decision.

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Simon Whitehouse came to Yellowknife to work with Northern News Services in 2011. He came from Prince Edward County, Ont., and obtained his journalism education at Algonquin College and the University of Ottawa. Working in Yellowknife, he covers education-based stories and general news but has also taken other beats in the past, including city hall and entertainment. He is a champion of the printed word and the importance of newspapers. As a board member of the United Way NWT and Rotary True North, he believes in the importance of civic engagement and community building. He spends his spare time with his boxer Sharona. Simon can be reached at (867) 766-8295 and editorial@nnsl.com.

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