UPDATE: A Leonardo spokesperson told Helicopter Investor the following regarding the impact of Coronavirus on delivery acceptance: “Leonardo is unable at this stage to perform acceptance of aircraft at the Vergiate plant because customers...
Leonardo is continuing to manufacture helicopters in Italy despite severe restrictions imposed throughout the country to prevent the spread of the Coronavirus, known as COVID-19, a Leonardo spokesperson has told Helicopter Investor. The company...
Leonardo’s TH-119 has been selected as the US Navy’s new training helicopter – beating bids from Bell and Airbus for the $176m deal. The US Navy invited OEMs to compete for a contract to...
In response to its reduced liquidity needs, Leonardo Helicopters has signed a new revolving credit facility through a pool of 26 banks and bookrunners. The new agreement provides Leonardo with a facility of €1.8...
Leonardo Helicopters is aiming to hit at least 10% profitability by 2020, the company has revealed in its new growth plan. The company has been struggling to stabilise profit, revenues, orders and earnings before...
Leonardo Helicopter’s electric tail rotor project has received a national award for innovation. Italy’s National Award for Innovation was presented to Leonardo at a ceremony held in the the Italian house of Parliament, the...
Leonardo is to purchased back two outstanding note offerings due 2039 and 2040. The OEM and its subsidiary Leonardo US Holdings will purchase its outstanding 7.375% guaranteed notes due 2039 and its outstanding 6.250% due...
Leonardo Helicopters introduced its new managing director Gian Piero Cutillo on the opening day of Helitech 2017 in London. Gian Piero Cutillo takes over immediately and was introduced during the AW189K variant launch. Cutillo...
Leonardo Helicopters signed a deal with Chinese helicopter operator and sales firm Sino-US Intercontinental for 17 new helicopters, valued around €100 million ($114 million) at the Paris Air Show. The Chinese operator placed an...
Sino-US Intercontinental Helicopter Investment has become the exclusive China distributor for the Leonardo helicopter range. The deal was signed at the 2017 Paris Air Show, alongside an order for 17 helicopters. The order includes...