Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The offshore helicopter operator has racked up significant debt and...
Helicopter News / Other / Top Stories / Vtol
The University of Michigan and car manufacturer Ford have released a study suggesting that eVTOL vehicles will have a greater impact on the environment than electric cars. The study notes that, whilst eVTOLs are...
Repair and overhaul company StandardAero has been acquired by global investment firm The Carlyle Group. The company was purchased for an undisclosed amount (estimated at approximately $5 billion – including debt) from Veritas Capital...
Babcock International Group has confirmed that Ruth Cairnie will assume the role of the group’s chair starting 18 July – replacing Mike Turner in the role. Cairnie has joined the company as a non-executive...
Oil-and-gas helicopter operator PHI has filed a Chapter 11 plan that proposes a more than $630 million debt-for-equity swap in an effort to trim its liabilities. “The plan represents a comprehensive financial restructuring of...
Oil-and-gas helicopter operator PHI Helicopters has been delisted by the Nasdaq stock exchange after the firm filed for Chapter 11 on 14 March. PHI states in an SEC filing that it was informed on...
Oil-and-gas helicopter operator Bristow Group has managed to secure an extension until 15 April to file its delayed third-quarter results for 31 December 2018. The extra time for Bristow to file came after two...
Anyone with a passing interest in the large oil and gas helicopter operator market would not have been surprised that PHI has filed for Chapter 11. Primarily, PHI had been expected to file due to $500 million worth of senior notes...
PHI has filed for Chapter 11 in the US Bankruptcy Court for the Northern District of Texas just as its $500 million worth of unsecured notes were due to mature. The operator filing for Chapter 11 due to pressures surrounding its $500...
Welcome to the Revolution.Aero Europe 2019 Live Blog. You can check here for up-to-date coverage of the conference held at the Royal Garden Hotel on Monday 11th and Tuesday 12th March. If you have...
Bristow Helicopters is currently under intense market scrutiny stemming from its failure to file its third-quarter results for 31 December 2018 on time. “Material weaknesses” in its internal accounting processes were cited by the...
Bristow Group has pushed back its […]
The University of Michigan and car manufacturer […]
Volocopter has signed an agreement with aviation […]
Luxaviation Helicopters has added the Philippines helicopter […]
Carl Dietrich, a co-founder of experimental-aircraft design […]
Repair and overhaul company StandardAero has been […]
Babcock International Group has confirmed that Ruth […]
Oil-and-gas helicopter operator PHI has filed a […]
EHang has delayed its plans for an […]
New York-based Faruqi & Faruqi is the […]