Investment adviser Arena Investors has formed a joint venture with Intrinsic Aviation to invest in helicopter assets. Intrinsic Aviation was founded by Ed Washecka, former CEO of Waypoint Leasing and Era Helicopters. The joint...
Helicopter lessor LCI, asset manager Thora Capital and private equity firm Rive Private Investment have joined together to invest in nine helicopters worth more than $100m. “We are delighted to be working with Thora...
The Cromarty Firth, a 19-mile long inlet on the Northeast coast of Scotland, is a popular place to spot bottlenose dolphins, harbour porpoises and seals. When the oil price is low you can also...
Canada’s VIH Aviation Group has ordered four S-92A+ upgrade kits from Sikorsky. The S-92A+ upgrade kit includes an increase to 27,700 lb. Max Gross Weight, longer component retirement times and a Phase IV Main Gear Box....
The First Quarter 2020 Preowned Helicopter Market Trends Report produced by broker Aero Asset shows that the first three months of 2020 were strong for helicopter transactions. However, it is expecting a significant slowdown...
Todd Wolynski, partner at White & Case, looks at what he learnt as general counsel and chief administrative officer of Waypoint Leasing during its Chapter 11 restructuring. About a year ago, I completed the...
Babcock International has said that its helicopter businesses originally flew fewer hours due to Covid-19 but many of its staff are working hard to fight the virus. Babcock has two helicopter divisions: one supporting...
The Japan Coast Guard (JCG), has placed a new order for two H225 helicopters. The Coast Guard already operates two AS332s and 13 H225s. The helicopters will be used for territorial coastal activities, security enforcement and...
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...
Sikorsky is suing Babcock International for failing to take delivery of two S-92 helicopters worth $58 million that were ordered in 2011. In a court filing, Sikorsky asks for: “compensatory damages, incidental damages, and...