NHV Group is leasing two five-bladed H145s from Milestone Aviation. The aircraft are being used to support NHV’s contract with Germany’s Federal Armed Forces’ training program. “We are delighted to continue building on our...
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...
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...
GE Capital has taken a $700m goodwill impairment in the second quarter of 2020 from its 2015 $1.7 billion acquisition of Milestone Aviation. A significant proportion of Milestone’s $5bn portfolio of more than 300...
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...
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....