ITC-AeroLeasing has completed a Eurocopter EC225LP lease transaction to an undisclosed US-based operator. The utility-configured heavy lift helicopter will be operated for government missions worldwide. Commenting on the deal, sealed with an established ITC...
Pre-owned twin-engine helicopter retail sales fell by 17% in the first six months of this year compared with the first half of 2021, according to Aero Asset’s 2022 Half-Year Heli Market Trends report. Twin-engine...
Helicopter services provider CHC Group has completed its $500m recapitalisation plan, designed to cut funded debt obligations by up to $500m. “A substantial portion” of CHC’s existing debt and equity holders agreed to provide...
Milestone Aviation Group has delivered a AW139 helicopter to Heliconia Group. The aircraft will be based in Senegal and used for offshore operations. Pat Sheedy, President & CEO, Milestone, said, “We are delighted to...
Milestone Aviation Group has delivered a second new AW169 helicopter Sloane Helicopters. Sloane is operating the aircraft for The Children’s Air Ambulance UK. The first was delivered in December 2021. The Children’s Air Ambulance specialises in...
Enstrom Helicopter Corporation has appointed Aero Facility Co as its first sales representative in Japan. Aero Facility was a long time representative of the previous Enstrom company, before it went into Chapter 7 bankruptcy,...
Helicopter Investor’s latest Town Hall online meeting predicted a mild-to-moderate US economic recession and “a landing that you can walk away from” plus a 10% fall in the retail sales volume of single-engine, pre-owned...
Bell Textron has signed purchase agreements for seven Bell 505 helicopters with European customers. Two of the purchase agreements were signed by JB Investments, Poland’s longest-operating distributor of light aircraft. Duncan Van De Velde,...
Babcock seeks a buyer. It’s a sale few expected and even fewer seem to want. Unless you are the UK Competition and Markets Authority (CMA). The authority’s decision earlier this month to order CHC...
Starspeed, Luxaviation Group’s corporate VIP helicopter company, has won the contract to operate Penzance Helicopters’ service to the Isles of Scilly, off the UK’s south west coast. The year-round 15-minute helicopter flights from Penzance...