Leonardo has increased both its free operating cash flow (FCOF) and its new-order revenue guidance after finalising a deal with Qatar for 28 NH90s. The Italian helicopter manufacturer has raised its new-order revenue guidance from Eu12.5-13 billion to Eu14-14.5 billion
Waypoint Leasing has delivered three new AW169s on lease to Taiwanese operator Emerald Pacific Airlines. This delivery represents the first time that Waypoint has delivered an aircraft to Taiwan and the lessor’s third, fourth and fifth AW169 deliveries globally. The
Leonardo announced two orders at this year’s Farnborough Air Show, signing contracts for one AW109 with a mining firm and an AW169 with an emergency medical service. Leonardo and its official UK distributor Sloane Helicopters signed a contract with Irish
Saudi Arabian energy firm Aramco has signed a renewal contract with helicopter lessor Milestone Aviation and Leonardo Helicopters for up to 21 AW139s. The GECAS-owned helicopter lessor and Leonardo were selected by Aramco Overseas Company to renew its helicopter fleet.
An on-going legal battle has resurfaced concerning two of the company’s former executives. The company’s former CEO Giuseppe Orsi and the former head of AgustaWestland Helicopters Bruno Spagnolini were caught up in an alleged corruption case that stems from a €560
Helicopter shipments are back up for the first quarter of 2018 after last year’s deliveries slump. The number of helicopters sent for delivery so far this year is the highest since 2014, reaching 219 total shipments. This is a 17.1%
The Czech Republic has issued a tender for 12 multi-purpose helicopters. Defence Minister Karla Slechtova announced on Twitter that the his ministry is looking for 12 multipurpose helicopters from more than one supplier. The Czech MoD is seeking to expand
Leonardo has secured two orders for AW109-family helicopters with separate private operators. One of the unnamed customers will receive a VIP outfitted AW119Kx and the other a AW109 Trekker for utility operations. Both helicopters are scheduled for delivery by early
Airbus will finally start delivering on a 16 UH-72A Lakota order with the US Army after rival manufacturer Leonardo dropped a lawsuit that had delayed the order for two years in February. The French manufacturer signed the $116 million contract
A quick look at the four major Helicopter manufacturers that Helicopter Investor covers. Airbus Helicopters Headquarters: Marseille Provence Airport Head of company: Guillaume Faury Airbus Helicopters is the biggest single operator in the global civil-helicopter market. The French manufacturer holds 50%
