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....
Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The offshore helicopter operator has racked up significant debt and...
Volocopter has signed an agreement with aviation services company Honeywelll to develop new automatic take-off and landing systems for Volocopter’s VTOL aircraft. Honeywell is breaking into the urban air-mobility market and is working with...
Repair and overhaul company StandardAero has been acquired by global investment firm The Carlyle Group. The company was purchased for an undisclosed amount (estimated at approximately $5 billion – including debt) from Veritas Capital...
Oil-and-gas helicopter operator PHI has filed a Chapter 11 plan that proposes a more than $630 million debt-for-equity swap in an effort to trim its liabilities. “The plan represents a comprehensive financial restructuring of...
EHang has delayed its plans for an initial public offering (IPO), turning instead to venture capital – hoping to raise up to $200 million privately. The company is delaying the IPO to raise capital...
New York-based Faruqi & Faruqi is the latest law firm to climb on the class-action bandwagon to launch a class-action law suit against Bristow Group. Faruqi & Faruqi has invited Bristow Group investors who...
The New York Bankruptcy Court has ruled in favour of helicopter lessor LCI Helicopters […]
Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate […]
AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The […]
Russian Helicopters has announced several orders for its commercial models: the VRT500, Mi-8AMT and […]
This article originally appeared as one of our Helicopter Investor Newsletters. Click here to […]
Bristow Group has announced a cash tender offer to purchase $75 million of its […]
The reality of 2019 thus far is that not many people are buying helicopters, […]
Sikorsky is suing Babcock International for failing to take delivery of two S-92 helicopters […]
From July 22-28 this year, legacy and experimental aviation companies were strutting their stuff, […]
Buoyed in part by helicopter sales, Leonardo has seen a 34% increase in new […]