Blade Air Mobility to acquire Trinity Air Medicalnews Alasdair Whyte 22 Sep 21 0Blade 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… Read more
LCI and SMFL add 12 helicopters to joint venturenews Alasdair Whyte 16 Sep 21 0LCI and Sumitomo Mitsui Finance and Leasing (SMFL) are adding 12 helicopters to their joint venture. The 12 helicopters are worth $120m and are added… Read more
LCI’s Praveen Vetrivel named in Airline Economics’ awardsnews Alasdair Whyte 1 Sep 21 0Praveen Vetrivel, chief financial officer (CFO) at helicopter leasing company LCI has been named in Airline Economics’ 40 under 40 awards. The 40 under 40… Read more
Bristow and Electra to bring mid-mile logistics for retail distributionnews Alasdair Whyte 31 Aug 21 0Bristow Group has made its first move towards advanced air mobility, when it signed a Memorandum of Understanding (MOU) to purchase 50 eSTOL (electric short… Read more
HyPoint strikes $6.5m deal for world’s first manned hydrogen helicopternews Alasdair Whyte 26 Aug 21 0Fuel cell developer HyPoint announced a $6.5m deal with unmanned systems and rotorcraft manufacturer Piasecki Aircraft to work on its eVTOL PA-890 helicopter. The $6.5m… Read more
Bristow signs MOU to purchase 50 eSTOLs from Electra.aeronews Alasdair Whyte 26 Aug 21 0Bristow Group has signed a Memorandum of Understanding (MOU) to purchase 50 eSTOL (electric short take-off and landing) aircraft from developer Electra.aero. The company said… Read more
Newsletter: SAR takes off with Covid rule relaxationsinsight Alasdair Whyte 11 Aug 21 0Depending on where you are reading this, there might be reasons to revel in the easing of restrictions. Maybe you are on a summer holiday… Read more
Milestone supplies two Airbus H145 helicopters to Quark Expeditionsnews Mike Stones 3 Aug 21 0Two Airbus H145 helicopters from Milestone Aviation Group Limited are being supplied to Quark Expeditions for its polar expeditions. Both helicopters will be stationed on… Read more
Town Hall: Three key markets drive growth, says Airbusinsight Mike Stones 28 Jul 21 0Three key markets are driving sustained growth in Airbus Helicopters’ order book, while two operators report a return to near pre-Covid levels of business, according… Read more
Bell restarts manufacturing UH-1Y Venom for first international operatornews Alasdair Whyte 21 Jul 21 0Bell Textron has restarted UH-1Y Venom helicopter production for its first international operator. Crestview Aerospace has completed manufacturing the first of eight cabins at the Crestview… Read more
Milestone announces Purchase Leaseback with NHV for a AW169 helicopternews Alasdair Whyte 16 Jul 21 0Milestone Aviation has signed a Purchase/Leaseback (PLB) arrangement for a AW169 helicopter with Belgian-based operator NHV Group. The AW169 helicopter delivered earlier this month will… Read more
David Crick first international ASA International presidentnews Alasdair Whyte 15 Jul 21 0Aircraft and helicopter appraiser David Crick, founder of DavAir Group, has been appointed international president of the American Society of Appraisers (ASA). It is the… Read more
Aero Asset bullish for ‘Q3 and Q4 light and medium twin-engine sales’news Alasdair Whyte 14 Jul 21 0Aero Asset recently published its second quarter Heli Market Trends report, showing 15% stronger pre-owned twin engine helicopter sales volume in the first half of 2021. Deals… Read more
Bell delivers first Bell 505 helicopter to Ethiopianews Mike Stones 13 Jul 21 0Bell Textron has made the first delivery of its Bell 505 helicopter to a corporate customer based in Addis Ababa, Ethiopia. The delivery to WA… Read more
ASA grants Alastair Fallon accredited senior appraiser statusnews Mike Stones 27 May 21 0The American Society of Appraisers has granted Alastair Fallon, helicopter aviation analyst with data intelligence business IBA Group, accredited senior appraiser status in materials technical… Read more
Bell delivers 60th Bell 505 helicopter in Europenews Alasdair Whyte 21 Apr 21 0Bell Textron announced the delivery of its 60th Bell 505 helicopter in Europe. Delivery was taken by the Montenegro Air Force. Patrick Moulay, senior vice… Read more
Weston Aviation to support NHV Group in Cork, Irelandnews Alasdair Whyte 6 Apr 21 0FBO and hangar facility anWeston Aviation will support NHV Group at Cork Airport, in Ireland, where the operator will begin a new contract with PSE… Read more
GPMS closes Series A funding led by DiamondStream Partnersnews Alasdair Whyte 22 Mar 21 0AI predictive maintenance company GPMS International has announced the close of a Series A financing round led by DiamondStream Partners. It did not release the… Read more
Aero Asset predicts ‘resilient’ Q1 pre-owned twin salesinsight Mike Stones 9 Mar 21 0Sales of twin engine pre-owned helicopters will remain “resilient” in the first quarter of 2021, matching the trend witnessed in the second half of last… Read more
Milestone Aviation leases 11 Airbus H225s to Air Centernews Alasdair Whyte 12 Feb 21 0Milestone Aviation has added 11 Airbus H225 helicopters to the Air Center Helicopters, Inc (“ACHI”) fleet. The aircraft will be delivered throughout 2021 and 2022… Read more
