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
Swiss Air-Rescue Rega reports record missionsnews Mike Stones 27 Feb 23 0Zurich Airport-based Swiss Air-Rescue Rega has reported a record number of missions last year, with helicopter flights up by 13.4% or nearly 2,000 more than… Read more
HI Uplift: HeliValue$’s ‘overnight success … in just 43 years’insight Mike Stones 24 Feb 23 0Helicopter appraisal firm HeliValue$ was sold to a new owner last month. So, Helicopter Investor asked founder Barry Desfor and partner Sharon Desfor for their… Read more
HI Uplift: ‘Rising interest rates boost lease rates’insight Mike Stones 20 Feb 23 0Rising interest rates are leading to “a necessary rise” in helicopter lease rates, according to two speakers at Helicopter Investor’s recent Town Hall online meeting.… Read more
Safran and France’s DGA fly NH90 on 100% SAFnews Mike Stones 17 Feb 23 0Direction Générale de l’Armement (DGA), the French defence procurement agency and Safran have successfully flown a military helicopter with 100% Sustainable Aviation Fuel (SAF). The… Read more
HI Uplift: Offshore oil & gas sector ‘set for sustained growth’insight Mike Stones 30 Jan 23 0The offshore oil and gas sector is set for several years of sustained growth, after seven thin years, generating rising demand for helicopter support. That’s… Read more
Airbus Helicopters claims 52% of civil market as ‘recovery consolidates’news Mike Stones 25 Jan 23 0Airbus Helicopters is claiming 52% of the civil and parapublic market, having logged 374 gross orders (362 net), with 216 light single engine helicopters sold last… Read more
Enstrom partners with Czech DSA Dealer and Service Centernews Mike Stones 20 Jan 23 0Enstrom Helicopter has agreed a partnership with DSA in the Czech Republic to offer aircraft sales, flight training, and maintenance for all models of Enstrom… Read more
Hogan Lovells advises London’s Air Ambulance Charity – for freenews Alasdair Whyte 13 Jan 23 0Law firm Hogan Lovells is advising London’s Air Ambulance’s Charity for free. As well as offering general legal advice it has also led contract negotiations… Read more
CHC Brazil lands five new contracts with oil giant Petrobrasnews Mike Stones 13 Jan 23 0CHC Brasil has won five new contracts with Brazilian oil giant Petrobras said to be worth millions of dollars. The exclusive contracts focus on the… Read more
HI Uplift: LCI orders up to 40 Chaparral VTOLsinsight Mike Stones 11 Jan 23 0Operating lessor LCI is broadening its commitment to advanced air mobility (AAM) with an order for up to 40 Chaparral vertical take-off and landing (VTOL)… Read more
Lobo Leasing and Air Taurus sign LOI to lease five unmanned Pipistrelsnews Yves Le Marquand 11 Jan 23 0Lobo Leasing and Air Taurus have signed a letter of intent (LoI) to lease five Pipistrel Nuuva V300 unmanned hybrid VTOL aircraft. The two firms will… Read more
Swiss Helicopter offers carbon neutral flightsnews Mike Stones 9 Jan 23 0The Swiss Helicopter company, based in Altstadt, Switzerland, has made all its passenger flights exclusively climate-neutral from the beginning of this year. The company –… Read more
Bristow partners with Nova to upgrade Dutch Caribbean Coast Guard’s AW139snews Mike Stones 5 Jan 23 0Bristow is partnering with engineering company Nova Systems to deliver next generation mission system and aircraft modification solutions on AW139 helicopters used by the Dutch… Read more
HI Uplift: Lessors look forward to stability after tough timesinsight Mike Stones 9 Dec 22 0Helicopter lessors are looking forward to business stability after a decade of turbulence, said speakers at Helicopter Investor’s Financial Forum. Plus, inflation could boost demand… Read more
Luxaviation and Thien Minh partner in Vietnamnews Mike Stones 9 Dec 22 0Helicopter and fixed wing operator Luxaviation Group has agreed a partnership with Thien Minh Group (TMG) and its subsidiary Hai Au Aviation (HAA), the largest… Read more
Sanctions create ‘opportunity for Western heavy helicopters’news Mike Stones 8 Dec 22 0Sanctions against Russian helicopter manufacturers are blocking the availability of new aircraft and parts, creating short- to medium-term opportunities for western suppliers, according to IBA’s… Read more