The New York Bankruptcy Court has ruled in favour of helicopter lessor LCI Helicopters (the defendant) in a lawsuit filed by Macquarie Rotorcraft Leasing (the plaintiff) concerning the breach of a non-disclosure agreement (NDA)...
Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate Geely. The Series C financing more than doubles Volocopter’s capital. It had secured a total of EUR 35 million up...
AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The private equity firm first announced its intention to acquire Columbia in July this year, signing an initial agreement to purchase...
Russian Helicopters has announced several orders for its commercial models: the VRT500, Mi-8AMT and Ansat helicopters at the International Aviation and Space Show (MAKS 2019) in Moscow this week. The Russian state-owned OEM first...
This article originally appeared as one of our Helicopter Investor Newsletters. Click here to subscribe. Talk of recovery in the helicopter market is nothing new. There have long been predictions of a brighter outlook;...
Bristow Group has announced a cash tender offer to purchase $75 million of its secured notes maturing in 2023. The tender offer to purchase the 8.74% senior secured notes opened yesterday (12 August) and...
The reality of 2019 thus far is that not many people are buying helicopters, and not many helicopter companies are raising money to grow in a market that requires consolidation. A select few companies...
Sikorsky is suing Babcock International for failing to take delivery of two S-92 helicopters worth $58 million that were ordered in 2011. In a court filing, Sikorsky asks for: “compensatory damages, incidental damages, and...
From July 22-28 this year, legacy and experimental aviation companies were strutting their stuff, exhibiting their aircraft and ideas at the Experimental Aircraft Association (EAA) AirVenture air show in Oshkosh, Wisconsin, USA. According to...
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...
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...
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 […]