Skyports, Loganair and Royal Mail launch Orkney Island drone projectnews Mike Stones 12 Apr 23 0Skyports Drone Services has launched a fully electric drone logistics project established in partnership with the UK Royal Mail, Orkney Islands Council Harbour Authority and… Read more
Airbus signs 50-helicopter deal with China’s GDATnews Mike Stones 11 Apr 23 0Airbus Helicopters has agreed to sell 50 H160 medium utility twin-engine helicopters to Chinese helicopter lessor and operator GDAT. The deal is the largest single… Read more
CHC Helicopter wins additional Shell contract in North Seanews Mike Stones 5 Apr 23 0CHC Helicopter has revealed a new five-year deal with Shell to support its operations in the North Sea. The multi-million-pound contract includes the use of… Read more
EVFly and FAST Group to develop eVTOL training technologynews Mike Stones 5 Apr 23 0EVFLY and FAST Group have signed a letter of intent (LoI) to work on flight simulators and related solutions for EVFLY pilot training. In what… Read more
Leonardo and Morson Projects extend UK engineering partnershipnews Mike Stones 4 Apr 23 0Leonardo and engineering consultancy Morson Projects have extended their 20-year partnership to secure aviation engineering skills in the north of England and Northern Ireland. The… Read more
HI Uplift: LCI sets three top goals for 2030, after SMFL acquires 35% stakeinsight Mike Stones 31 Mar 23 0Operating lessor LCI has set out three top goals to achieve by 2030, after revealing that Sumitomo Mitsui Finance and Leasing Company (SMFL) is to… Read more
Milestone to sell 12-helicopter portfolio to Macquarie Rotorcraftnews Mike Stones 29 Mar 23 0Milestone Aviation has agreed to sell a 12-helicopter portfolio to Macquarie Rotorcraft. The fleet consists of Sikorsky S-92, Airbus H135, Bell 412, and Leonardo AW109,… Read more
Helicopter Investor London 2023 DAY 2 – LIVEnews Mike Stones 23 Mar 23 0Welcome to the #HelicopterInvestor23 Day Two Live Blog. #HelicopterInvestor23 is well underway at the Royal Garden Hotel, London. Check back here throughout the event for… Read more
Nova Capital launches first light helicopter backed private debt fundnews Mike Stones 21 Mar 23 0European lessor Nova Capital has launched the first light helicopter backed private debt fund with an initial commitment of €50m. Branded Nova Capital Light Aviation… Read more
LYTE Aviation to set out plans for 40-seat eVTOL at HI London 2023news Mike Stones 21 Mar 23 0LYTE Aviation founder and CEO Freshta Farzam will set out her plans for a next generation, 40-seat eVTOL urban regional aircraft at Helicopter Investor’s London… Read more
HI Uplift – Milestone: ‘Much to be cheerful about but challenges ahead’insight Mike Stones 17 Mar 23 0The helicopter leasing market will continue to benefit from robust demand for all types of helicopters but still faces significant challenges. That’s the assessment of… Read more
Blade posts Q4 2022 revenue up and full-year loss downnews Mike Stones 15 Mar 23 0Blade Air Mobility has posted total fourth-quarter 2022 revenue up 55% to $38.1m. Revenue for the full-year ended December 31st climbed 118% to reach $146.1m compared with… Read more
Leonardo to support PHI’s AW139 helicopters with new Special Component Plannews Mike Stones 13 Mar 23 0Leonardo Helicopters and PHI Group (PHI) have agreed a long-term deal to support the operator’s AW139 fleet. The new Special Component Plan (SCP) will bring… Read more
HI Uplift: HAI Heli-Expo 2023 … in a nutshellinsight Mike Stones 9 Mar 23 0The Georgia World Congress Center, Atlanta drew the focus of the global helicopter industry this week, as HAI Heli-Expo 2023 opened its doors to up… Read more
Milestone agrees lease agreements with HeliService for four helicoptersnews Mike Stones 7 Mar 23 0The Milestone Aviation Group has agreed the lease of four Leonardo helicopters to offshore helicopter operator HeliService International. The latest deal follows news of Milestone’s… Read more
Bell agrees sale of four 407GXi helicopters to Polish National Policenews Mike Stones 7 Mar 23 0 Bell Textron has revealed the sale of four Bell 407GXi helicopters to the Polish National Police (PNP). The aircraft will join three others of the… Read more
Milestone agrees five-helicopter lease deal with Aramconews Mike Stones 6 Mar 23 0Milestone has agreed a five-helicopter lease deal with Saudi Arabian oil giant Aramco. The agreement focuses on the placement of three Leonardo AW139 helicopters and… Read more
Milestone sells a Sikorsky S-92 to new customer in Chinanews Mike Stones 3 Mar 23 0Milestone Aviation Group has sold a Sikorsky S-92 helicopter to a new customer, China Southern Airlines General Aviation (CSAGA). Destined for offshore oil and gas… Read more
LCI promotes Alan O’Rourke to the role of CFOnews Mike Stones 1 Mar 23 0LCI has promoted Alan O’Rourke to the role of chief financial officer (CFO). O’Rourke will be responsible for the company’s financial strategy, treasury management, and… Read more
Columbia Helicopters delivers Columbia Model 107-II to South Koreanews Mike Stones 27 Feb 23 0Heavy-lift helicopter specialist Columbia Helicopters has sold and delivered a Columbia Model 107-II to Daejin Air of South Korea. The helicopter will be used mainly… Read more
