Bell Textron has announced plans – through a partnership with jet charter company Wheels Up – to develop short- and long-term solutions for vertical take-off and landing (VTOL) aircraft. The collaboration aims to address...
FBO and hangar facility anWeston Aviation will support NHV Group at Cork Airport, in Ireland, where the operator will begin a new contract with PSE Kinsale Energy. NHV will help with decommissioning operations on...
LCI has launched a new helicopter co-investment vehicle with alternative investment firm LCM Partners. “Our new partnership with LCM is the latest example of how LCI is consistently bringing capital to the helicopter marketplace,...
NHV Group announced a new contract with PSE Kinsale Energy in support of its decommissioning operations in the Celtic Sea. The transfer flights to the Stena Spey drilling rig, about 30 miles (50 km)...
AI predictive maintenance company GPMS International has announced the close of a Series A financing round led by DiamondStream Partners. It did not release the volume of capital received. GPMS will use the investment...
The market for twin engine, pre-owned helicopter sales is likely to remain “bullish”, Valerie Pereira, Aero Asset vice president of Market Research has told Helicopter Investor. Commenting after the publication of the company’s 2020 Heli...
CHC Group has entered into a conditional agreement for the acquisition of the oil and gas aviation business of Aberdeen-based Babcock International Group. Babcock transports offshore oil and gas crew to several platforms in...
Milestone Aviation’s parent company, GE Capital Aviation Services (GECAS) will be acquired by Dublin-based lessor AerCap Holdings. It will acquire 100% of the General Electric (GE) leasing business, in a deal valued at $30bn....
Sales of twin engine pre-owned helicopters will remain “resilient” in the first quarter of 2021, matching the trend witnessed in the second half of last year, according to Aero Asset’s 2020 Heli Market Trends...
Olivier Dassault, French billionaire, MP and grandson of Marcel Dassault – founder of Dassault Aviation – died in a helicopter crash in Normandy, France on March 7th. His father, Serge Dassault was the former...
Milestone Aviation has added 11 Airbus H225 helicopters to the Air Center Helicopters, Inc (“ACHI”) fleet. The aircraft will be delivered throughout 2021 and 2022 and will be used for training and transport missions...