Leonardo wins $176 bid for US Navy helicopter programme
Leonardo’s TH-119 has been selected as the US Navy’s new training helicopter – beating bids from Bell and Airbus for the $176m deal. The US Navy invited OEMs to compete for a contract to...
Tagged: Leonardo Helicopters
Leonardo Helicopter reduces revolving credit by 200 million euros
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...
Leonardo targets double digit profitability by 2020
Leonardo Helicopters is aiming to hit at least 10% profitability by 2020, the company has revealed in its new growth plan. The company has been struggling to stabilise profit, revenues, orders and earnings before...
Leonardo wins innovation award for electric tail rotor
Leonardo Helicopter’s electric tail rotor project has received a national award for innovation. Italy’s National Award for Innovation was presented to Leonardo at a ceremony held in the the Italian house of Parliament, the...
Leonardo purchases two outstanding offerings
Leonardo is to purchased back two outstanding note offerings due 2039 and 2040. The OEM and its subsidiary Leonardo US Holdings will purchase its outstanding 7.375% guaranteed notes due 2039 and its outstanding 6.250% due...
Leonardo Helicopters has new managing director and Unifly AW169 order
Leonardo Helicopters introduced its new managing director Gian Piero Cutillo on the opening day of Helitech 2017 in London. Gian Piero Cutillo takes over immediately and was introduced during the AW189K variant launch. Cutillo...
Leonardo signs 17 helicopter deal with Sino-US
Leonardo Helicopters signed a deal with Chinese helicopter operator and sales firm Sino-US Intercontinental for 17 new helicopters, valued around €100 million ($114 million) at the Paris Air Show. The Chinese operator placed an...
Sino-US becomes exclusive Leonardo China distributor with 17 helicopter order
Sino-US Intercontinental Helicopter Investment has become the exclusive China distributor for the Leonardo helicopter range. The deal was signed at the 2017 Paris Air Show, alongside an order for 17 helicopters. The order includes...
Helikorea orders three new EMS GrandNew
HeliKorea, the Republics air transport firm, has placed an order with Leonardo for three new Leonardo GrandNew light twin helicopters to use on Emergency Medical Service (EMS) operations. The first two helicopters will be...
HM Coastguard operating New AW189 SAR.
The HM Coastguard search and rescue has started flying the new Leonardo AW189 helicopter for SAR operations. The helicopter will be operated out of the Lee-On-Solent helicopter base by Bristow on behalf of the...
