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...
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...
Amidst the process of Chapter 11 bankruptcy, Bristow has secured a new five-year contract to fly workers to and from BP’s offshore oil rigs in the North Sea. The contract commenced on 13 May...
Airbus has announced the delivery of the first of two ACH145s to a private customer to fly to and land on superyachts. At EBACE 2019 the French manufacturer announced that it will be delivering...
Bristow Group voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on 11 May. The oil-and-gas helicopter operator says it intends to use the proceedings to restructure...
Chess is arguably overused as a metaphor for business strategy, but actually is quite apt for the difficulties oil-and-gas helicopter operators find themselves facing in 2019, and which may continue for years to come....
Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The offshore helicopter operator has racked up significant debt and...
Volocopter has signed an agreement with aviation services company Honeywelll to develop new automatic take-off and landing systems for Volocopter’s VTOL aircraft. Honeywell is breaking into the urban air-mobility market and is working with...
Following the closing of a $75 million facility with CaixaBank announced last week, helicopter […]
Helicopter operator NHV Group has expanded its executive board with the appointment of Thomas […]
In the midst a down market where consolidation and oversupply are the main words […]
Last week, the biggest players in Russian commerce met for the St. Petersburg […]
Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to […]
Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ […]
Helicopter operator CHC has secured a new offshore contract to provide helicopter transport for […]
Following Uber’s entry into the helicopter air taxi market with its launch of Uber […]
Matt Zuccaro is stepping down as the president and CEO of Helicopter Association International […]
After months of delays in filing its final 10-Q and 10-K reports due to […]