EXHIBIT 99.2
NOTICE OF GUARANTEED DELIVERY
REGARDING THE
OFFER TO EXCHANGE
7 3/8% SENIOR SUBORDINATED NOTES DUE 2014
WHICH HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
FOR
ANY AND ALL OUTSTANDING 7 3/8% SENIOR SUBORDINATED NOTES DUE 2014
(CUSIP NUMBERS 12541C AE 4 AND C2387X AC 7)
WHICH HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
OF
CHC HELICOPTER CORPORATION
PURSUANT TO THE PROSPECTUS DATED OCTOBER 13, 2005
This form must be used by a holder of 7 3/8% Senior Subordinated Notes due
2014 (the "Old Notes") which have not been registered under the Securities Act
of 1933, as amended, of CHC Helicopter Corporation, a corporation organized
under the federal laws of Canada ("CHC"), who wishes to tender Old Notes to the
Exchange Agent pursuant to the guaranteed delivery procedures described in "The
Exchange Offer -- Guaranteed Delivery Procedures" in the Prospectus dated
October 13, 2005 (the "Prospectus") and in Instruction 1 to the related Letter
of Transmittal. Any holder who wishes to tender Old Notes pursuant to those
guaranteed delivery procedures must ensure that the Exchange Agent receives this
Notice of Guaranteed Delivery before the Expiration Date of the Exchange Offer.
Capitalized terms used but not defined in this notice have the meanings ascribed
to them in the Prospectus or the Letter of Transmittal.
THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK
CITY TIME, ON NOVEMBER 18, 2005 UNLESS EXTENDED (THE "EXPIRATION DATE").
The Exchange Agent for the Exchange Offer is:
THE BANK OF NEW YORK
<Table>
By Overnight Courier, Regular Mail or Hand:
The Bank of New York By Facsimile:
Corporate Trust Operations (212) 298-1915
Reorganization Unit
101 Barclay Street, 7 East To Confirm by Telephone:
New York, NY 10286 (212) 815-6331
Attn.: Ms. Diane Amoroso
</Table>
(if by mail, registered or certified recommended)
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE
WILL NOT CONSTITUTE A VALID DELIVERY. THIS NOTICE OF GUARANTEED DELIVERY IS NOT
TO BE USED TO GUARANTEE SIGNATURES. IF A SIGNATURE ON A LETTER OF TRANSMITTAL IS
REQUIRED TO BE GUARANTEED BY AN "ELIGIBLE INSTITUTION" UNDER THE INSTRUCTIONS
THERETO, THE SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICABLE SPACE PROVIDED IN
THE SIGNATURE BOX ON THE LETTER OF TRANSMITTAL.
Ladies and Gentlemen:
Upon the terms and subject to the conditions set forth in the Prospectus
and the related Letter of Transmittal, the undersigned hereby tenders to CHC the
principal amount of Old Notes set forth below pursuant to the guaranteed
delivery procedures set forth in the Prospectus under the caption "The Exchange
Offer -- Guaranteed Delivery Procedures" and in Instruction 1 of the Letter of
Transmittal.
The undersigned hereby tenders the Old Notes listed below:
<Table>
<Caption>
CERTIFICATE NUMBER(S) (IF AGGREGATE PRINCIPAL AMOUNT AGGREGATE PRINCIPAL
KNOWN) OF OLD NOTES OR REPRESENTED BY OLD NOTES AMOUNT TENDERED
ACCOUNT NUMBER AT DTC CERTIFICATE(S)
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
</Table>
PLEASE SIGN AND COMPLETE
Signatures of Registered Holder(s) or Authorized Signatory: --------------------
- --------------------------------------------------------------------------------
Name(s) of Registered Holder(s): -----------------------------------------------
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Date: -------------------- , 2005
Address: ------------------------------
----------------------------------------
Area Code and Telephone No. ------------
The Notice of Guaranteed Delivery must be signed by the holder(s) exactly
as their name(s) appear(s) on certificates for Old Notes or on a security
position listing as the owner of Old Notes, or by person(s) authorized to become
registered holder(s) by endorsements and documents transmitted with this Notice
of Guaranteed Delivery. If signature is by a trustee, executor, administrator,
guardian, attorney-in-fact, officer or other person acting in a fiduciary or
representative capacity, that person must provide the following information.
Please print name(s) and address(es)
Name(s): ------------------------------------------------------------
Capacity: ------------------------------------------------------------
Address(es): ------------------------------------------------------------
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2
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a firm which is a member of a registered national
securities exchange or of the National Association of Securities Dealers, Inc.,
or is a commercial bank or trust company having an office or correspondent in
the United States, or is otherwise an "eligible guarantor institution" within
the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as
amended, guarantees deposit with the Exchange Agent of the Letter of
Transmittal, together with the Old Notes tendered hereby in proper form for
transfer (or confirmation of the book-entry transfer of those Old Notes into the
Exchange Agent's account at DTC described in the Prospectus under the caption
"The Exchange Offer -- Guaranteed Delivery Procedures" and in the Letter of
Transmittal) and any other required documents, all by 5:00 p.m., New York City
time, on the third New York Stock Exchange trading day following the Expiration
Date.
Name of firm:
- --------------------------------------------------------------------------------
Address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Include Zip Code)
Area Code and Tel. No.
- --------------------------------------------------------------------------------
Authorized Signature:
- --------------------------------------------------------------------------------
Name:
- --------------------------------------------------------------------------------
(Please Print)
Title:
- --------------------------------------------------------------------------------
Dated:
- ------------------------------, 2005
DO NOT SEND CERTIFICATES FOR OLD NOTES WITH THIS FORM. ACTUAL SURRENDER OF
CERTIFICATES FOR OLD NOTES MUST BE MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN
EXECUTED LETTER OF TRANSMITTAL.
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INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
1. DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY. A properly completed
and duly executed copy of this Notice of Guaranteed Delivery must be received by
the Exchange Agent at its address set forth in this Notice of Guaranteed
Delivery before the Expiration Date. The method of delivery of this Notice of
Guaranteed Delivery and any other required documents to the Exchange Agent is at
the election and sole risk of the holder of Old Notes, and the delivery will be
deemed made only when actually received by the Exchange Agent. If delivery is by
mail, we recommend registered mail with return receipt requested, properly
insured. As an alternative to delivery by mail the holders may wish to use an
overnight or hand delivery service. In all cases, sufficient time should be
allowed to assure timely delivery. For a description of the guaranteed delivery
procedures, see the Prospectus and Instruction 1 of the Letter of Transmittal.
2. SIGNATURES ON THIS NOTICE OF GUARANTEED DELIVERY. If this Notice of
Guaranteed Delivery is signed by the registered holder(s) of the Old Notes
referred to in this Notice of Guaranteed Delivery, the signatures must
correspond with the name(s) written on the face of the Old Notes without
alteration, enlargement, or any change whatsoever. If this Notice of Guaranteed
Delivery is signed by a participant of DTC whose name appears on a security
position listing as the owner of the Old Notes, the signature must correspond
with the name shown on the security position listing as the owner of the Old
Notes.
If this Notice of Guaranteed Delivery is signed by a person other than the
registered holder(s) of any Old Notes listed or a participant of DTC whose name
appears on a security position listing as the owner of the Old Notes, this
Notice of Guaranteed Delivery must be accompanied by appropriate bond powers,
signed as the name(s) of the registered holder(s) appear(s) on the Old Notes or
signed as the name of the participant is shown on DTC's security position
listing.
If this Notice of Guaranteed Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation, or other
person acting in a fiduciary or representative capacity, that person should so
indicate when signing and submit with the Notice of Guaranteed Delivery evidence
satisfactory to CHC of the person's authority to so act.
3. REQUESTS FOR ASSISTANCE OR ADDITIONAL COPIES. Questions and requests
for assistance and requests for additional copies of the Prospectus, the Letter
of Transmittal or this Notice of Guaranteed Delivery may be directed to the
Exchange Agent at the address specified in this Notice of Guaranteed Delivery
and in the Prospectus. Holders may also contact their broker, dealer, commercial
bank, trust company or other nominee for assistance concerning the Exchange
Offer.
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