Despite changes in the market as a result of Covid-19, Pat Sheedy, President and CEO, Milestone Aviation told Helicopter Investor Town Hall delegates that his company’s medium to long-term outlook remains unchanged as it...
Hill Helicopters, a Staffordshire-based OEM, has announced development of its all-new light single turbine X50 helicopter this week. Reportedly 13 years in development, the X50 includes five seats, an all composite three bladed main...
Apollo Air Services has opened its first southern UK base at Cambridge City Airport to meet growing demand and better serve southern England and northern Europe. The operator has experienced a 40% increase in...
Apollo Air Services has been announced as the UK supplier of US-based Aviation Clean Air’s ionising airborne purification units. The new technology is proven to deactivate 99.4% of airborne virus including Covid-19. UK VIP...
The Spanish Civil Guard is investigating the theft of a Bell-412 firefighting helicopter from its Prado de los Esquiladores base in the eastern-central region of Cuenca. The theft reportedly took place in the early...
GE Capital has taken a $700m goodwill impairment in the second quarter of 2020 from its 2015 $1.7 billion acquisition of Milestone Aviation. A significant proportion of Milestone’s $5bn portfolio of more than 300...
Bell has reported second-quarter (Q2) revenues of $822m, up $51m from the same period last year, which it says is mainly due to larger military orders. The 7% revenue increase was announced today (July...
Thora Capital has bought six Emergency Medical Services helicopters from Milestone Aviation. The aircraft are on lease to US EMS operator Life Flight Network. “We are thrilled to announce this acquisition, one of...
The H225 – Eurocopter EC225 Super Puma – is making a comeback, following its 2016 demise, Sara Dhariwal, valuations manager, Ascend by Cirium told Helicopter Investor Town Hall delegates yesterday (July 16th). In the aftermath of a crash...
In a bid to increase Bell’s helicopter maintenance, repair and overhaul (MRO) capabilities in China, the US-helicopter maker has acquired Zhenjiang Aerochine Aviation and its authorised maintenance centre. Zhenjiang Bell is a part 145...