December 11, 2007 / 11:25 PM / 10 years ago

CHC Helicopter profit up on capacity, lower costs

CALGARY, Alberta, Dec 11 (Reuters) - CHC Helicopter Corp’s FLYa.TO second-quarter profit rose 28 percent as the company added to its aircraft and reduced costs, it said on Tuesday.

CHC, whose helicopters serve the offshore energy industry, earned C$11.4 million ($11.3 million), or 25 Canadian cents a share, in the quarter ended Oct. 31. That was up from year-earlier C$8.9 million, or 19 Canadian cents a share.

$1=$1.01 Canadian Reporting by Jeffrey Jones; Editing by Rob Wilson

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