Helicopter lessor LCI has just launched its first helicopter co-investment vehicle, in partnership with a subsidiary of Paris-based investment firm Flexam Invest. The co-investment vehicle offers potential investors the opportunity to invest in...
It’s not altogether clear whether the market log-jam for pre-owned helicopters is loosening up. However, there may be some odd signs judging from Aero Asset’s third quarter report this year. One of the stalwarts...
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...
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...
Amidst the process of Chapter 11 bankruptcy, Bristow has secured a new five-year contract to fly workers to and from BP’s offshore oil rigs in the North Sea. The contract commenced on 13 May...
CHC Group has secured an offshore helicopter transport contract with oil and gas company OMV in the Norwegian sector of the North Sea. The group won the contract to provide helicopter services for the...
Jet Support Services Inc’s customer flight hours are at the highest since the market downturn in 2008 but sales are slightly below expectations. JSSI completed helicopter deliveries in Europe, North America, Africa and Latin...
An Irish search-and-rescue S92 has crashed with four crewmembers on board. The helicopter, operated by CHC helicopters crashed off the west coast of Ireland. Captain Dara Fitzpatrick was recovered from the aircraft’s wreckage after an...
Bristow Helicopters has signed a contract with offshore service provider Petrofac to operate in the North Sea using both Sikorsky S92 and Airbus H225 aircraft. The deal was announced this week, but started in...
Dallas-based Protective Packaging Corp (PPC) has preserved a Sikorsky S-92 for Bristow Helicopters that became surplus to requirements due to the oil price downturn. The company needed to protect the aircraft from corrosion, and...
Newcomer to the helicopter investor space Thora Capital has closed its initial helicopter funding […]
Leonardo saw mixed results in the third quarter, with revenues up 11% year-on-year at […]
In an internal promotion, GECAS has appointed current Milestone Helicopter Leasing CEO Greg Conlon […]
Less than six months after filing for bankruptcy in May 2019, Bristow Group has […]
The protracted volatility of the oil and gas market has caused financial troubles for […]
Off the back of the proposed crackdown on charter and air-taxi flights across New […]
New Yorkers might live happily with the roar of traffic down Fifth Avenue, but […]
UPDATE: Flight restrictions over New York City right now are exclusively limiting Helicopter Tourism […]
The Federal Aviation Administration has issued new airworthiness standards for the troubled Airbus EC225LP […]
Helicopter lessor LCI has just launched its first helicopter co-investment vehicle, in partnership […]