“The industry absolutely needs consolidation,” Clark McGinn, principal, Uplifting Advice told Helicopter Investor in response to the news of CHC Group’s acquisition of Babcock’s oil and gas business. McGinn says there is no shortage of...
Bristow Group has made its first move towards advanced air mobility, when it signed a Memorandum of Understanding (MOU) to purchase 50 eSTOL (electric short take-off and landing) aircraft from developer Electra.aero. The company...
Bristow Group and Era Helicopters have completed the merger, announced on January 24th 2020, to form “a financially stronger company with enhanced size and diversification”. Combining two of the largest operators in the offshore...
Bristow has launched a fleet of specifically-configured AW139, S76 and S92 helicopters to transport suspected or confirmed coronavirus victims ashore. The operator has performed flights in the Gulf of Mexico, Trinidad and Tobago, and...
Plummeting oil prices are likely to mean fewer contract renewals, cancellations and even further consolidation for offshore helicopter operators, industry analysts have told Helicopter Investor. The price per barrel of West Texas Intermediate (WTI)...
Babcock has won a five-year offshore transport contract from Integrated Aviation Consortium (IAC) to operate more than 100 helicopter flights per month between Shetland and the North Sea for three offshore oil firms. The...
Bristow and ERA are merging to form a dominant offshore operator, creating a safe and financially strong player with a presence in established and emerging offshore markets, ERA President and CEO Chris Bradshaw told...
Unmanned aerial vehicles (UAVs) could provide a cheaper and safer alternative to helicopters on some firefighting and SAR missions, according to speakers at Helicopter Investor London 2020 this week. Of the big-four helicopter OEMs,...
This originally appeared as part of our Helicopter Investor Weekly newsletter series. Click here to subscribe. What a difference six years can make. At Heli-Expo 2013 Airbus celebrated Bristow Helicopters signing as an early...
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...
