LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have launched a 19-helicopter leasing joint venture. The two companies are co-investors in the $230m vehicle with LCI managing the portfolio. “We are very...
Global AirParts, which specializes in spares for Sikorsky S76 helicopters, has started its first Leonardo AW139 part-out. “The helicopter industry continues to face significant overcapacity with significant idle assets, many of which may never...
Despite changes in the market as a result of Covid-19, Pat Sheedy, President and CEO, Milestone Aviation told Helicopter Investor Town Hall delegates that his company’s medium to long-term outlook remains unchanged as it...
Hill Helicopters, a Staffordshire-based OEM, has announced development of its all-new light single turbine X50 helicopter this week. Reportedly 13 years in development, the X50 includes five seats, an all composite three bladed main...
Apollo Air Services has opened its first southern UK base at Cambridge City Airport to meet growing demand and better serve southern England and northern Europe. The operator has experienced a 40% increase in...
Apollo Air Services has been announced as the UK supplier of US-based Aviation Clean Air’s ionising airborne purification units. The new technology is proven to deactivate 99.4% of airborne virus including Covid-19. UK VIP...
The Spanish Civil Guard is investigating the theft of a Bell-412 firefighting helicopter from its Prado de los Esquiladores base in the eastern-central region of Cuenca. The theft reportedly took place in the early...
Since 2010 we have seen the launch of many new specialist helicopter leasing companies – including Milestone Aviation Group (pictured), Waypoint Leasing, Lobo Leasing, Lease Corporation International, Macquarie Rotorcraft leasing and others. Operating leases...
Bell has reported second-quarter (Q2) revenues of $822m, up $51m from the same period last year, which it says is mainly due to larger military orders. The 7% revenue increase was announced today (July...
Urban-centred air transportation is not a new concept. In the 1970s, Boston and some other cities had services based on-demand helicopter taxi. However, the accidents, air pollution, noise, and cost ultimately grounded the taxi...
Thora Capital has bought six Emergency Medical Services helicopters from Milestone Aviation. The aircraft are on lease to US EMS operator Life Flight Network. “We are thrilled to announce this acquisition, one of...