Helicopter manufacturer Bell’s parent company Textron announced its third quarter results for 2020, which saw the segment total $119m – a profit of $9m compared with the same period in 2019. Bell segment revenues...
Milestone Aviation will include six H160s from Airbus Helicopters in its orderbook, it revealed on October 5th. The helicopters will be destined for a range of missions including offshore transportation and emergency medical services...
LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have launched a 19-helicopter leasing joint venture. The two companies are co-investors in the $230m vehicle with LCI managing the portfolio. “We are very...
Since 2010 we have seen the launch of many new specialist helicopter leasing companies – including Milestone Aviation Group (pictured), Waypoint Leasing, Lobo Leasing, Lease Corporation International, Macquarie Rotorcraft leasing and others. Operating leases...
GE Capital has taken a $700m goodwill impairment in the second quarter of 2020 from its 2015 $1.7 billion acquisition of Milestone Aviation. A significant proportion of Milestone’s $5bn portfolio of more than 300...
Thora Capital has bought six Emergency Medical Services helicopters from Milestone Aviation. The aircraft are on lease to US EMS operator Life Flight Network. “We are thrilled to announce this acquisition, one of...
Todd Wolynski, Partner at White & Case, and Oliver Althoff, Managing Director – North America at Seabury Securities, explain what aviation companies need to do to restructure. As former General Counsel and Chief Administrative...
Bristow Group and Era Helicopters have completed the merger, announced on January 24th 2020, to form “a financially stronger company with enhanced size and diversification”. Combining two of the largest operators in the offshore...
Banks should review the value of their helicopter assets as a means of mitigating risks arising from the Covid-19 global pandemic, warns Jean-Marc Youkhana, owner and CEO of helicopter consultancy and brokerage Uplifting Aviation....
Investment adviser Arena Investors has formed a joint venture with Intrinsic Aviation to invest in helicopter assets. Intrinsic Aviation was founded by Ed Washecka, former CEO of Waypoint Leasing and Era Helicopters. The joint...