Aviation leasing company LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have acquired a further five next generation helicopters. This brings their joint venture fleet to 38 units, valued at more than $420m...
Sales of pre-owned single- and multi-engine turbine helicopters soared last year, according to the latest report from industry analyst AMSTAT. But it’s too early to gauge how the helicopter market will be impacted...
MidTex Aviation has agreed to buy the assets of The Enstrom Helicopter Corporation and plans to reopen its factory. The purchase has been approved by the United States Bankruptcy Court for the Western District...
LCI has taken delivery of its 100th helicopter engine from Pratt & Whitney Canada. “Today’s announcement reflects LCI’s commitment to maintaining a young, modern and diverse fleet, and Pratt & Whitney Canada’s commitment to advanced,...
Milestone has delivered an Airbus H145 helicopter to Ecocopter Ecuador. Ecocopter now has three H145s but this is the first H145 to be based in the Ecuador. “The H145 is a versatile aircraft that...
Engineered aircraft components specialist TransDigm Group is to acquire Dart Aerospace for about $360m in cash. The purchase follows Dart’s acquisition earlier this month of Paravion Technology and Century Helicopters. Based in Montreal, Quebec,...
Helicopter sales and acquisitions specialist Aero Asset has launched Aero Asset Acquisitions to facilitate “seamless global helicopter transactions”, financed by the Indiana-based 1st Source Bank. This new business unit buys turbine helicopters, single and...
Omni Helicopters International has agreed sale and leasebacks on 11 helicopters with Milestone Aviation. The leases cover a mixture of new Leonardo AW139s and existing Sikorsky S92s. “Omni was Milestone’s very first customer and...
Milestone Aviation Group has delivered the last AW139 in its 21-helicopter leasing deal with Saudi Arabia’s Aramco Overseas. Aramco signed the lease deal in 2018 for 21 new AW139s and five new Airbus H145...
Fewer than 40 words from Bristow Group helped draw a close to the company’s 50-plus years of operations in Australia. In a statement to Helicopter Investor (HI) the group says: “Given the market dynamics within the...