Order No. 2007-A-506

November 13, 2007

File No. M4210/V99-1

Under Licence No. 030123, Versatile Helicopters Ltd. (hereinafter the Licensee) is authorized to operate a domestic service, small aircraft.

By Order No. 2007-A-445 dated October 4, 2007, Licence No. 030123 was suspended pursuant to subsection 63(1) of the Canada Transportation Act, S.C., 1996, c. 10, as amended (hereinafter the CTA), for failure by the Licensee to file with the Canadian Transportation Agency (hereinafter the Agency) a valid certificate of insurance. The Licensee was provided with a period of thirty (30) days from the date of the Order to show cause why Licence No. 030123 should not be cancelled pursuant to subsection 63(1) of the CTA.

To date, the Licensee has failed to either file with the Agency the required certificate of insurance or to show cause why its licence should not be cancelled.

The Agency has determined that, in respect of the service for which the licence was issued, the Licensee does not meet the requirement of subparagraph 61(a)(iii) of the CTA.

Pursuant to subsection 63(1) of the CTA, the Agency must suspend or cancel a domestic licence where the Agency has made such a determination.

The Agency has considered the matter and, pursuant to subsection 63(1) of the CTA, hereby cancels Licence No. 030123.