The Enstrom Helicopter Corporation has been acquired by music entrepreneur Chuck Surack, founder of the online music retailer Surack Enterprises, for an undisclosed sum. Surack pledged to “rebuild the Enstrom brand into one of...
“The lions have been let out of the cage.” Just nine words from Pat Sheedy, president and CEO of lessor Milestone Aviation Group, capture the new world of opportunity facing the commercial helicopter industry....
LCI has ordered 50 Alia 250s from eVTOL manufacturer Beta Technologies with an option for up to 125. The leasing company has paid a deposit. Beta is one of the most developed electric vertical...
Helicopter OEM Bell has underlined its commitment to sustainable rotorcraft on World Earth Day (Friday April 22nd), with a pledge to continue improving the sustainability of its aircraft operation and manufacture. Sustainable aviation fuel...
The reviving fortunes of the commercial helicopter market, powered by renewed oil and gas demand, coupled with excitement about the deployment of drones and, eventually, eVTOLs dominated Helicopter Investor’s two-day conference in London earlier...
Blueberry Aviation has signed a global partnership agreement with Swiss hybrid vertical aircraft manufacturer Dufour Aerospace. Dufour Aerospace is building two hybrid tilt-wing aircraft: the Aero2 drone and the nine person piloted Aero3. “Over...
Lobo Leasing has signed a letter of intent with deposits for the acquisition of 15 Nuuva V300 autonomous cargo hybrid VTOL aircraft from Pipistrel. Pipistrel’s NUUVA V300 has a three cubic meter capacity and...
Investec is providing finance for two AW189 and one AW139 for Lease Corporation International. “These transactions mark a continuation of Investec’s expansion into strategic helicopter financing and a strengthening of the relationship with LCI,”...
Aviation leasing company LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have acquired a further five next generation helicopters. This brings their joint venture fleet to 38 units, valued at more than $420m...
Helicopter sales, management, engineering and charter company Volare Aviation has opened a maintenance, management and refurbishment facility in at its London Oxford Airport base. The 16,000-sq ft facility, at Hangar 14, Bay 2, provides...
March was a great month for eVTOLs. Only last week, electric aircraft pioneer Vertical Aerospace claimed the world’s largest pre-order book by value in the eVTOL market totalling $5.4bn. So, perhaps now is a...