Babcock has won a five-year offshore transport contract from Integrated Aviation Consortium (IAC) to operate more than 100 helicopter flights per month between Shetland and the North Sea for three offshore oil firms. The...
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Airspace Experience Technologies (ASX) has signed a Memorandum of Understanding (MoU) with Kansas-based aerostructures manufacturer Spirit AeroSystems to mass produce ASX’s MOBi-One aircraft concept. Jon Rimanelli, CEO and co-founder of ASX told Helicopter Investor:...
The future of helicopter leasing will take centre stage at Helicopter Investor’s London 2020 conference next Tuesday (February 25th) and Wednesday (February 26th) at the Royal Garden Hotel. After a transformative year for helicopter...
Leonardo Helicopters will acquire Swiss helicopter OEM Kopter, the manufacturer of the upcoming the SH09, from majority shareholder Lynwood for at least $185m. Kopter started life as Marenco-Swiss Helicopter in 2017. The company was...
Following four years of substantial helicopter fleet growth in Asia, expansion the growth rate halved in 2019. That is according to Asian Sky Group’s (ASG) year-end fleet report. Year-on-year, fleet expansion fell from a...
Last year, 2019, might not have been as eventful a year as 2018 for helicopter leasing. But it was a markedly more positive one. Following the fall-out of Waypoint’s bankruptcy in 2018, dust started...
Pat Sheedy is the new CEO of Milestone Aviation Group, the largest helicopter operator lessor. His appointment follows Greg Conlon’s promotion to CEO of GE Capital Aviation Services (GECAS), the helicopter lessor’s parent. Sheedy...
Following a year-long search for potential buyers, Ohio-based electric vehicle manufacturer Workhorse has sold its electric-VTOL arm SureFly to the design and manufacturing group Moog. The agreement was made for Workhorse to sell SureFly...