Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop commitment agreement with several of its noteholders for a $385 million debt to equity swap. This is the latest step...
It may seem like an odd time to invest in the helicopter market that is now five years into a downturn, but a new asset management firm Thora Capital has just closed its first...
Following the closing of a $75 million facility with CaixaBank announced last week, helicopter lessor LCI has gone further and closed a $135 million asset-backed facility led by CIT Group. The facility was arranged...
In the midst a down market where consolidation and oversupply are the main words on the tongue, helicopter lessor Lease Corporation International (LCI) has just closed a new asset-backed financing deal worth over $75...
Last week, the biggest players in Russian commerce met for the St. Petersburg International Economic Forum 2019 (SPIEF 2019) to discuss the key economic issues facing Russia – and to make deals. Moscow’s...
Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to provide a new debt facility worth $150 million. The process is a preliminary part of the company’s progress through its...
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...
Airbus has announced the delivery of the first of two ACH145s to a private customer to fly to and land on superyachts. At EBACE 2019 the French manufacturer announced that it will be delivering...
Bristow Group voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on 11 May. The oil-and-gas helicopter operator says it intends to use the proceedings to restructure...
Chess is arguably overused as a metaphor for business strategy, but actually is quite apt for the difficulties oil-and-gas helicopter operators find themselves facing in 2019, and which may continue for years to come....
The future of helicopter leasing will take centre stage at Helicopter Investor’s London 2020 […]
Airbus Helicopters saw orders and deliveries fall in 2019, but the decline didn’t impact […]
Babcock has written down £85m on the book values of its “predominantly oil and […]
About 4,100 civil helicopters are expected to be delivered to customers worldwide over the […]
Sales in the pre-owned helicopter market fell year-on-year in 2019, according to Aero Assets’ […]
To announce at shows or not to announce at shows? That’s the question for […]
Anaheim, 30 January 2020 – Airbus Helicopters concluded the 2020 Heli Expo with 38 orders, as […]
Anaheim, USA, January 29, 2020 – Kopter Group AG receives additional orders in the […]
Anaheim, USA, January 29, 2020 – In March 2018 Rainier Heli International signed a […]
28th January, 2020 – LCI, a leading helicopter lessor and the aviation division of the Libra […]