A recent independent review by British defence company Qinetiq has praised the transition of the UK’s search and rescue helicopter (SARH) services to the civil market as “successful”. In 2012, the UK Government put...
Continental Aerospace Technologies and VerdeGo Aero have announced a strategic partnership to develop hybrid-electric propulsion systems for eVTOLs. Florida-based VerdeGo is a start-up developing its Integrated Distributed Electric Propulsion (IDEP) system, while Continental is...
Helicopter News / Other / Top Stories / Vtol
Franky Zapata, the flying enthusiast who attempted to cross the English Channel on his personal VTOL on July 25, has been unsuccessful. The VTOL – dubbed Flyboard Air – is fitted with five jet...
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...
XTI has partnered with GE Aviation to develop a hybrid-electric propulsion system to power the XTI TriFan 600 eVTOL – with GE’s new Catalyst turboprop engine at the core. The GE Catalyst engine is...
Swiss helicopter manufacturer Kopter has signed a Memorandum of Agreement (MoA) with Metro Aviation to take delivery of five SH09 helicopters following the aircraft’s FAA certification. The five-aircraft order brings Kopter’s prospective orderbook for...
CHC Group is searching for a new CEO to replace Karl Fessenden who has resigned, effective from August 2nd, to explore new opportunities outside the oil and gas sector. The board has nominated Dave...
Franky Zapata, founder of Zapata Racing, will attempt to cross the English Channel on his personal VTOL – Flyboard Air – on Thursday (25th) this week. It will be 110 years to the day...
At the Bastille Day parade in Paris last week, water-craft racer Franky Zapata amazed crowds and European dignitaries – including French president Emmanuel Macron and German chancellor Angela Merkel – with his personal VTOL...
Leonardo has obtained FAA Instrument-Flight Rule (IFR) certification for the TH-119 military training helicopter. According to the manufacturer, this is the first single engine helicopter in decades to earn the certification. The TH-119 is...
The New York Bankruptcy Court has ruled in favour of helicopter lessor LCI Helicopters […]
Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate […]
AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The […]
Russian Helicopters has announced several orders for its commercial models: the VRT500, Mi-8AMT and […]
This article originally appeared as one of our Helicopter Investor Newsletters. Click here to […]
Bristow Group has announced a cash tender offer to purchase $75 million of its […]
The reality of 2019 thus far is that not many people are buying helicopters, […]
Sikorsky is suing Babcock International for failing to take delivery of two S-92 helicopters […]
From July 22-28 this year, legacy and experimental aviation companies were strutting their stuff, […]
Buoyed in part by helicopter sales, Leonardo has seen a 34% increase in new […]