Helicopter News / Other / Top Stories / Vtol
Franky Zapata, the flying enthusiast who attempted to cross the English Channel on his personal VTOL on July 25, has been unsuccessful. The VTOL – dubbed Flyboard Air – is fitted with five jet...
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...
CHC Group is searching for a new CEO to replace Karl Fessenden who has resigned, effective from August 2nd, to explore new opportunities outside the oil and gas sector. The board has nominated Dave...
Columbia Helicopters has sold a majority holding in itself to private equity firm AE Industrial Partners, four months after the collapse of its planned sale to Bristow. Back in November 2018 the ailing heavy...
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...
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 its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ approach. Within the last week, it has secured new financing from its noteholders and has appointed a new general counsel....
In 2017, electric aircraft start-up Eviation displayed a technology demonstrator at the Paris Air Show. In 2019, it returned with an airworthy prototype all-electric aircraft and an announcement of first orders from regional U.S...
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 […]