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...
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...
Avincis has been renamed as Babcock Mission Critical Services, following the acquisition by the Babcock Group in May 2014. All the local companies which make up the various aspects of the business, delivering services...
Avincis has ordered two latest-generation EC135 T3s from Airbus Helicopter to be used for emergency medical service (EMS) operations. Martin Whittaker, director of fleet and engineering at Avincis, says: “Air ambulances save lives every...
Waypoint Leasing (Ireland) Limited has signed an agreement with Avincis, a Babcock International Group company, to lease two AgustaWestland AW139 helicopters. The helicopters will operate for Avincis’ subsidiary INAER Aviation Italia, performing a wide-range...
Bill Tame, chief executive of Babcock’s international division, will take over as chief executive of Avincis with immediate effect. Tame takes over from James Drummond, who was brought in to oversee the creation of...
The local Spanish government of Galicia has renewed its emergency service contract with INAER Spain. INAER Spain has been awarded another four year contract to provide emergency medical services to Galicia in Spain. ALSO...
Vector Financial Services, the leasing division of Vector Aerospace Corporation, announces the extension of leasing and support agreements. Vector Financial Services based in Dublin, Ireland announced an extension of agreements for two Vector-owned Airbus...
Babcock International Group PLC has received approvals from the Spanish Council of the National Markets and Competition Commission and the Portuguese Competition Authority in respect of the acquisition of the Avincis Group. Babcock is...
KKR invests $100 million in Lease Corporation International. I don’t know if a lot of sightseeing helicopters pass by the windows of KKR’s New York offices when its different teams are scratching their heads...
The New York Bankruptcy Court has ruled in favour of helicopter lessor LCI Helicopters […]
Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate […]
AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The […]
Russian Helicopters has announced several orders for its commercial models: the VRT500, Mi-8AMT and […]
This article originally appeared as one of our Helicopter Investor Newsletters. Click here to […]
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 […]