EX-99.1 2 ex991.htm NEWS RELEASE DATED OCTOBER 7, 2006 - CHC ANNOUNCES PASSING OF EXECUTIVE CHAIRMAN CRAIG L. DOBBIN. O.C. News Release Dated October 10, 2006 - CHC announces passing of Executive Chairman Craig L. Dobbin. O.C.
 
Exhibit 99.1
 
News release via Canada NewsWire, Vancouver 604-669-7764

    Attention Business Editors:
    CHC announces passing of Executive Chairman Craig L. Dobbin. O.C.

    VANCOUVER, Oct. 7 /CNW/ - CHC Helicopter Corporation ("CHC") (TSX: FLY.A
and FLY.B; NYSE: FLI) regrets to announce the death of founder, controlling
shareholder and Executive Chairman Craig Laurence Dobbin, O.C. after a brief
illness. Mr. Dobbin passed away in Beachy Cove, Newfoundland and Labrador,
surrounded by members of his family. Mr. Dobbin battled his illness with the
same courage, strength and dignity that characterized his career as one of the
greatest businessmen in the global aviation industry.
    Craig Dobbin founded Sealand Helicopters with one small aircraft in 1977
and launched CHC Helicopter Corporation through an IPO on the TSX in 1987.
Through timely acquisitions, strategic decisions and the support of many
dedicated, loyal employees, he helped build CHC into the largest helicopter
services company in the world. He delivered his final speech to shareholders
with his usual wit and charm on Sept. 28, 2006 in Vancouver.
    Deputy Chairman Mark D. Dobbin has assumed the duties of Chairman until
such time as the Board of Directors meets to elect a new Chairman. Mark Dobbin
served as a director of the Corporation from 1994 to 1998 and from 2001 to
2003, and was re-elected to the Board as Deputy Chairman Sept. 28, 2006.
    Craig L. Dobbin will be deeply missed by his many loved ones, fellow
employees, friends and associates around the world.

    This press release may contain projections and other forward-looking
statements within the meaning of the "safe harbour" provision of the United
States Private Securities Litigation Reform Act of 1995. While these
projections and other statements represent our best current judgement, they
are subject to risks and uncertainties that could cause actual results to
vary. These statements may involve risks and uncertainties including, but not
limited to, factors detailed in CHC's Annual Report on Form 20-F and in other
filings with the United States SEC. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove incorrect,
actual outcomes may vary materially from those indicated.
    %SEDAR: 00002218E          %CIK: 0000903124

    /For further information: Rick Davis, Senior Vice-President And Chief
Financial Officer, (604) 279-2471; Chris Flanagan, Director of Communications,
(604) 279-2493/
    (FLY.A. FLY.B. FLI)

CO:  CHC Helicopter Corporation

CNW 12:49e 07-OCT-06