Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop commitment agreement with several of its noteholders for a $385 million debt to equity swap. This is the latest step...
It may seem like an odd time to invest in the helicopter market that is now five years into a downturn, but a new asset management firm Thora Capital has just closed its first...
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....
Two of the largest operators in the offshore helicopter market, Bristow and ERA Helicopters […]
This article originally appeared as part of our Helicopter Investor Weekly Newsletter. If you […]
A new collaborative conference by the European Helicopter Association (EHA) and the European Aviation […]
Last year, 2019, might not have been as eventful a year as 2018 for […]
It has not been such a bad few years for helicopter leasing after […]
Marignane, 17 January 2020 – Laurence Petiard has been appointed Head of External Communications […]
Matt Zuccaro has stepped down as CEO and president of the world’s largest helicopter […]
eVTOL manufacturer Joby Aviation has raised $590m in a Series C venture round led […]
Leonardo’s TH-119 has been selected as the US Navy’s new training helicopter – beating […]
This originally appeared as part of our Helicopter Investor Weekly newsletter series. Click here […]