Following the closing of a $75 million facility with CaixaBank announced last week, helicopter lessor LCI has gone further and closed a $135 million asset-backed facility led by CIT Group. The facility was arranged...
In the midst a down market where consolidation and oversupply are the main words on the tongue, helicopter lessor Lease Corporation International (LCI) has just closed a new asset-backed financing deal worth over $75...
Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to provide a new debt facility worth $150 million. The process is a preliminary part of the company’s progress through its...
Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ approach. Within the last week, it has secured new financing from its noteholders and has appointed a new general counsel....
In 2017, electric aircraft start-up Eviation displayed a technology demonstrator at the Paris Air Show. In 2019, it returned with an airworthy prototype all-electric aircraft and an announcement of first orders from regional U.S...
Helicopter operator CHC has secured a new offshore contract to provide helicopter transport for the recently-merged Wintershall Dea to and from oil rigs in the Norwegian Sea. The contract will see CHC fly workers...
After months of delays in filing its final 10-Q and 10-K reports due to suspicions of impropriety, helicopter operator Bristow has finally published its delayed and updated reports claiming nothing was misreported in the...
Signature Flight Support and Uber Elevate announced a nationwide partnership at the Uber Elevate Summit, in Washington D.C. earlier this week. Signature will facilitate ground-based operations and skyport infrastructure for Uber Air. Signature will...
Pipistrel Vertical Solutions – a Pipistrel company – unveiled its first eVTOL model 801 at the Uber Elevate summit, in Washington D.C. this week. This is a five-seater, fully electric air taxi concept. The...
Panic in New York streets on Monday when a twin-engine Agusta A109E burst into flames on crashing into the AXA Equitable Centre in New York City. The building was evacuated without incident, the only...
It is fitting that the third Uber Elevate Summit is taking place in Washington D.C – because this time it’s all about the regulators. Whilst the usual VTOL OEMs, Uber executives and drone specialists...
Following the closing of a $75 million facility with CaixaBank announced last week, helicopter […]
Helicopter operator NHV Group has expanded its executive board with the appointment of Thomas […]
In the midst a down market where consolidation and oversupply are the main words […]
Last week, the biggest players in Russian commerce met for the St. Petersburg […]
Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to […]
Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ […]
Helicopter operator CHC has secured a new offshore contract to provide helicopter transport for […]
Following Uber’s entry into the helicopter air taxi market with its launch of Uber […]
Matt Zuccaro is stepping down as the president and CEO of Helicopter Association International […]
After months of delays in filing its final 10-Q and 10-K reports due to […]