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Bermuda Aviation Services Limited (“BAS”) confirms Bermuda Government Notice
Hamilton, Bermuda – 30 September, 2015 – In a filing to the Bermuda Stock Exchange (“BSX”), Bermuda Aviation Services Limited (the “Company” or “BAS”; Ticker: BAS.BH) announced that the Bermuda Government has given notice not to extend the BAS-Serco contract providing aviation operations. The filing stated:
“BAS Group can confirm that the Bermuda Government has given notice, effective 31st March 2016, not to extend the BAS-Serco contract providing aviation operations at the LF Wade International Airport, a relationship which BAS-Serco has enjoyed since 1995.”
“BAS Group is working with all stakeholders in relation to the transition of staff to the new operator.”
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