LCI has revealed its parent company, the Libra Group, has acquired the remaining minority interest in LCI Helicopters held by global investment firm KKR. Jaspal Jandu, CEO of LCI, said: “We would like to...
The UK Civil Aviation Authority (CAA) announced a new international consortium – eVTOL Safety Leadership Group (eVSLG) – of electric vertical take-off and landing (eVTOL) leaders and aviation experts at the HeliTech Expo 2021....
In 1987 the Metropolitan Police released dashcam footage of officers trying to get a liver from Stansted Airport to a hospital in the centre of London within 35 minutes. With the help of motorbike...
It is only a matter of time (and lots of money) before the conversation around alternative fuels and electric propulsion takes over every facet of aviation. Bell training helicopters are flying using sustainable aviation...
Helicopter lessor LCI announced it has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft. It was acquired by a joint venture between LCI and Marathon Asset Management. LCI...
Aero Asset has hired Vincent Dulbecco as senior sales director and François Millian as senior director of Mission Critical Markets. Dulbecco is based in Milan, Italy and Millian in Toronto, Canada. “Aero Asset is...
Blade Air Mobility has entered into a $23m definitive agreement to acquire US-based organ logistics company Trinity Air Medical. It will purchase 100% of the capital stock of Trinity. CEO Rob Wiesenthal said: “Given...
“The industry absolutely needs consolidation,” Clark McGinn, principal, Uplifting Advice told Helicopter Investor in response to the news of CHC Group’s acquisition of Babcock’s oil and gas business. McGinn says there is no shortage of...
LCI and Sumitomo Mitsui Finance and Leasing (SMFL) are adding 12 helicopters to their joint venture. The 12 helicopters are worth $120m and are added to the existing $230m 19 helicopter joint venture which...
Safran Helicopter Engines is claiming a world first after running one of its engines on 100% Sustainable Aviation Fuel (SAF). The Makila 2 engine was powered by biofuel produced by TotalEnergies. The fuel feedstock...
