The UK’s Competition and Markets Authority (CMA) has told CHC that it cannot own Babcock’s UK offshore business that it acquired last year. You can read the full 227-page report here. To summarise, it...
The UK Competition and Markets Authority (CMA) has told CHC to sell the UK parts of the Babcock offshore business it acquired last year. The CMA felt that oil companies benefitted from having four...
CHC Helicopter has won a new 12-year contract with Western Australia’s Department of Fire and Emergency Services (DFES). It will provide 24 hour emergency helicopter services with three AW139s. Milestone is leasing the three...
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...
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,”...
This story first appeared on SemaphoreIntel.com – the specialist sanctions and screening product for aviation. The US has issued sanctions against Russian Helicopters. The company was added as part of a group of sanctions...
WINGX and Parapex Media have launched a helicopter market intelligence joint venture. The two companies want to provide insights to operators, brokers, service providers and investors. They will use data covering every western civil-operated turbine...
Angolan operator Bestfly has agreed to buy a new Bell 505. It will be the first of the model in West Africa. Bell will deliver the aircraft in October 2022. Bestfly plans to use...