The Enstrom Helicopter Corporation has been acquired by music entrepreneur Chuck Surack, founder of the online music retailer Surack Enterprises, for an undisclosed sum. Surack pledged to “rebuild the Enstrom brand into one of...
LCI has ordered 50 Alia 250s from eVTOL manufacturer Beta Technologies with an option for up to 125. The leasing company has paid a deposit. Beta is one of the most developed electric vertical...
Lobo Leasing has signed a letter of intent with deposits for the acquisition of 15 Nuuva V300 autonomous cargo hybrid VTOL aircraft from Pipistrel. Pipistrel’s NUUVA V300 has a three cubic meter capacity and...
Investec is providing finance for two AW189 and one AW139 for Lease Corporation International. “These transactions mark a continuation of Investec’s expansion into strategic helicopter financing and a strengthening of the relationship with LCI,”...
Aviation leasing company LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have acquired a further five next generation helicopters. This brings their joint venture fleet to 38 units, valued at more than $420m...
Sales of pre-owned single- and multi-engine turbine helicopters soared last year, according to the latest report from industry analyst AMSTAT. But it’s too early to gauge how the helicopter market will be impacted...
MidTex Aviation has agreed to buy the assets of The Enstrom Helicopter Corporation and plans to reopen its factory. The purchase has been approved by the United States Bankruptcy Court for the Western District...
LCI has taken delivery of its 100th helicopter engine from Pratt & Whitney Canada. “Today’s announcement reflects LCI’s commitment to maintaining a young, modern and diverse fleet, and Pratt & Whitney Canada’s commitment to advanced,...
Milestone has delivered an Airbus H145 helicopter to Ecocopter Ecuador. Ecocopter now has three H145s but this is the first H145 to be based in the Ecuador. “The H145 is a versatile aircraft that...
Engineered aircraft components specialist TransDigm Group is to acquire Dart Aerospace for about $360m in cash. The purchase follows Dart’s acquisition earlier this month of Paravion Technology and Century Helicopters. Based in Montreal, Quebec,...