Columbia Helicopters has sold a majority holding in itself to private equity firm AE Industrial Partners, four months after the collapse of its planned sale to Bristow. Back in November 2018 the ailing heavy...
It may seem like an odd time to invest in the helicopter market that is now five years into a downturn, but a new asset management firm Thora Capital has just closed its first...
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...
Helicopter operator NHV Group has expanded its executive board with the appointment of Thomas Hütsch to COO to the executive committee. Hütsch has extensive management experience in aerospace gained over the past three decades,...
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...
Last week, the biggest players in Russian commerce met for the St. Petersburg International Economic Forum 2019 (SPIEF 2019) to discuss the key economic issues facing Russia – and to make deals. Moscow’s...
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...
Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, is growing the breadth of industry talent and experience within its organisation with the appointment of Mark Stevens and...
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....
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...
Bristow Group has announced a cash tender offer to purchase $75 million of its […]
The reality of 2019 thus far is that not many people are buying helicopters, […]
Sikorsky is suing Babcock International for failing to take delivery of two S-92 helicopters […]
From July 22-28 this year, legacy and experimental aviation companies were strutting their stuff, […]
Buoyed in part by helicopter sales, Leonardo has seen a 34% increase in new […]
A recent independent review by British defence company Qinetiq has praised the transition of […]
Continental Aerospace Technologies and VerdeGo Aero have announced a strategic partnership to develop hybrid-electric […]
Franky Zapata, the flying enthusiast who attempted to cross the English Channel on his […]
Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop […]
XTI has partnered with GE Aviation to develop a hybrid-electric propulsion system to power […]