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Helicopter News

Leonardo Helicopter reduces revolving credit by 200 million euros

Leonardo Helicopter reduces revolving credit by 200 million euros

🕔14:42, 16.Feb 2018

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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TRAXXALL announces Heliservicio as new client

TRAXXALL announces Heliservicio as new client

🕔11:40, 15.Feb 2018

Aircraft maintenance and tracking company TRAXXALL has announced Mexican oil and gas operator Heliservicio as its latest client. TRAXXALL will provide maintenance tracking for Heliservicio’s fleet of 22 Bell 412Eps and 429 intermediate helicopters. Heliservicio started an assessment of available

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Leonardo drops UH-72A legal battle

Leonardo drops UH-72A legal battle

🕔14:26, 14.Feb 2018

Leonardo Helicopters is no longer pursuing its legal action against the US Army for the purchase of further UH-72As, allowing the Army to go ahead with ordering 16 additional UH-72A Lakota rotorcraft In 2016, the lower Court of Federal Claims

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Voom joins Airbus Helicopters

Voom joins Airbus Helicopters

🕔13:42, 14.Feb 2018

Digital helicopter-booking platform Voom has joined Airbus Helicopters as an exclusive on-demand service. Voom was first launched in April 2017 as part of the Airbus’s A^3 programme – its Silicon Valley project that invests in visionary aerospace entrepreneurs – providing

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LCI closes $55 million capital markets loan

LCI closes $55 million capital markets loan

🕔16:23, 13.Feb 2018

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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Bell delivers two 505s to Cambodian operator

Bell delivers two 505s to Cambodian operator

🕔14:20, 13.Feb 2018

Bell has closed off its Singapore Airshow presence this year with the delivery of two Bell 505 Jet Ranger X’s to Cambodian operator Asian Aviation Resources. One of the helicopters will be operated by Helicopters Cambodia to locate missing military personnel

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Duterte cans Bell Helicopter deal

Duterte cans Bell Helicopter deal

🕔14:05, 12.Feb 2018

Philippine President Rodrigo Duterte has ordered the Philippine Department of National Defense to cancel its order of 16 Bell 412EPIs  with the Canadian Government – Reuters reported. The $233 million agreement was announced at the Singapore Airshow last week. Bell

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CHC hires new general counsel

CHC hires new general counsel

🕔14:21, 9.Feb 2018

Canada’s CHC Group has appointed Imran Hayat to act as general counsel. The Group’s board confirmed that Mr Hayat will be assuming the role permanently after a he took up the position of acting general counsel in January. He has

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Russian Helicopters completes Mi-171E2 flight tests

Russian Helicopters completes Mi-171E2 flight tests

🕔14:10, 9.Feb 2018

Russian Helicopters has completed flight tests of its multi-role Mi-171E2 helicopter. The tests took place at the Ulan-Ude Aviation Plant (UUAP) in Buryatia, Russia where, in total, the helicopter flew 45 test missions over a 50-hour period. The Mi-171E2 is

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Singapore Airshow: Leonardo and Airbus talk expansion

Singapore Airshow: Leonardo and Airbus talk expansion

🕔09:34, 9.Feb 2018

The big news from the Singapore Airshow today has come from Leonardo and Airbus. Both OEMs have announced they are planning to greatly expand their market shares across the Asia-Pacific region. On the first day of the show, Leonardo said it

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