“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...
Waypoint Leasing, the largest independent helicopter lessor, is in talks with banks to restructure loans. The lessor first held talks in June to warn lenders that it could be close to breaching some covenants....
Lease Corporation International (LCI) Helicopters has taken delivery of its first Airbus H175, which it will place on lease with CHC. The helicopter will operate out of CHC’s Aberdeen base, supporting oil and gas...