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Posts From Alex Baldwin

CHC secures new offshore contract with OMV

CHC secures new offshore contract with OMV

CHC Group has secured an offshore helicopter transport contract with oil and gas company OMV in the Norwegian sector of the North Sea. The group won the contract to provide helicopter services for the upcoming drilling program at the PL

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Helicopter company leasing rankings 2018

Helicopter company leasing rankings 2018

After almost a year of slow business in the helicopter leasing space, 2018 closed with the largest independent helicopter lessor Waypoint Leasing being acquired by investment bank Macquarie and merged with its leasing arm. With such a shake up to

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Ahead of the curve: Airbus’s Jörg Müller on urban air mobility

Ahead of the curve: Airbus’s Jörg Müller on urban air mobility

The City Airbus VTOL concept The best-known company in urban aviation is Uber. Its Uber Elevate project has captured the imagination of many of the public – and also many reporters. But the company leading the market is arguably Airbus.

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Babcock’s £80 million impairment lower than expected

Babcock’s £80 million impairment lower than expected

Babcock Group has taken an £80 million ($102 million) impairment charge on its oil ad gas helicopter transport business. Analysts had been expecting £100 million. In its half-year results released today, Babcock cited overcapacity and underutilisation of its helicopter assets

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Soft landing for Voom’s Subramanian

Soft landing for Voom’s Subramanian

Uma Subramanian has stepped down as CEO of Voom. After three years of heading up the helicopter charter booking platform, Ms Subramanian has left the company and handed over the reins to prior COO Clement Monnet. The reasons for she

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Babcock expected to take a £100 million Avincis hit

Babcock expected to take a £100 million Avincis hit

Babcock Group is expected to take a £100 million hit on the value on its helicopter business – Babcock Mission Critical Systems – when it announces its half-year results on Wednesday. According to reports from television news channel Sky News

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Leonardo announces two orders for 37 aircraft

Leonardo announces two orders for 37 aircraft

Leonardo announced two separate deals for a total of 37 helicopters on 12 November. The Italian helicopter manufacturer will be delivering 15 EMS-configured AW139s to China and 22 AW169Ms to the Italian Government respectively. The AW139s are will be delivered

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Bristow buys Columbia Helicopters, loses Baliff

Bristow buys Columbia Helicopters, loses Baliff

Bristow Group has fully acquired privately-held operator Columbia Helicopters for $560 million. Group CEO Johnathan Baliff has announced his resignation. Baliff will oversee the integration planning of Columbia Helicopters and will officially leave the company in the coming months. Thomas Amonett, Bristow’s

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Babcock targeted by anonymous short-seller

Babcock targeted by anonymous short-seller

Babcock Group, the parent of Babcock Mission Critical Systems, is under attack from a short-seller called Boatman Capital Research. A paper posted by Boatman has criticised the Group’s relationship with the Ministry of Defence –Babcock’s biggest customer – and claimed

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ALIAS – automation by another name

ALIAS – automation by another name

DARPA and Sikorsky have completed the first test flight of Sikorsky’s experimental autonomous flight system. Last week, the Defense Advanced Research Projects Agency (DARPA) oversaw the test flight of Sikorsky’s new Aircrew Labor In-Cockpit Automation System (ALIAS) in Fort Eusitis,

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