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Helicopter Finance

Blade raises $38 million, partners with Airbus

Blade raises $38 million, partners with Airbus

It has been a busy week for Blade. The privately-owned online helicopter charter company has raised $38 million from its second round of financing and has partnered with Airbus to manage the Airbus Ride helicopter service in Dallas. The capital

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XTI upping share-offering price

XTI upping share-offering price

XTI Aircraft is planning to increase the price at which it is offering new shares by 50%. The Vtol start-up is preparing to submit papers to the U.S. Securities and Exchange Commission (SEC) to increase the offering price of its

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Bristow closes $350 million offering

Bristow closes $350 million offering

Bristow has completed its private $350 million notes offering, offering the group greater financial certainty though higher costs. The issue had initially been set as a  $300 million private offering but was subsequently raised to the $350 million level when

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Leonardo Helicopter reduces revolving credit by 200 million euros

Leonardo Helicopter reduces revolving credit by 200 million euros

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 billion against an earlier €2 billion.

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LCI closes $55 million capital markets loan

LCI closes $55 million capital markets loan

Lease Corporation International (LCI) has closed its first capital markets financing with a $55 million five-year loan. CIT Group and Prudential Capital Group led the issue. The helicopter lessor will use the cash to buy six new Leonardo AW139 and

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Washecka, McGinn leave Waypoint, Yazhari joins as CEO

Washecka, McGinn leave Waypoint, Yazhari joins as CEO

Waypoint Leasing, one of the largest helicopter lessors, has changed its management team. Ed Washecka, the company’s founder and CEO, has left the company and been replaced by Hooman Yazhari who joins from CHC Helicopters. Yazhari was general counsel and

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Canadian Helicopters gets $8 million term loan

Canadian Helicopters gets $8 million term loan

HNZ Group subsidiary Canadian Helicopters has received an $8 million loan from investment firm Crown Capital Partners. The term loan closed on 29 December – the same day as the acquisition of HNZ. It holds a 36.5% interest with a

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Leonardo purchases two outstanding offerings

Leonardo purchases two outstanding offerings Updated

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 in 2040. Both notes were previous

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Helicopter operating leasing ranking 2017: Top of the Ops

Helicopter operating leasing ranking 2017: Top of the Ops

The big players in the helicopter market have remained unchanged since our last update in 2015. Milestone remains at the top of the ranking, with a fleet value now surpassing $4 billion. Helicopter Investor readers have asked us to provide

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Volocopter adds btov as new investor

Volocopter adds btov as new investor

European venture capital firm btov is investing in Volocopter, the start-up electric multicopter company. It joins car company Daimler, Intel Capital and technology investor Lukasz Gadowski in the round that was first announced in August at Eu25 million. Volocopter is

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