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Business/Industry

Milestone agrees five-helicopter lease deal with Aramco

news
Mike Stones
6 Mar 23
0

Milestone 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…

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Milestone sells a Sikorsky S-92 to new customer in China

news
Mike Stones
3 Mar 23
0

Milestone 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…

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LCI promotes Alan O’Rourke to the role of CFO

news
Mike Stones
1 Mar 23
0

LCI 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…

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Columbia Helicopters delivers Columbia Model 107-II to South Korea

news
Mike Stones
27 Feb 23
0

Heavy-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…

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Swiss Air-Rescue Rega reports record missions

news
Mike Stones
27 Feb 23
0

Zurich 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…

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HI Uplift: HeliValue$’s ‘overnight success … in just 43 years’

insight
Mike Stones
24 Feb 23
0

Helicopter appraisal firm HeliValue$ was sold to a new owner last month. So, Helicopter Investor asked founder Barry Desfor and partner Sharon Desfor for their…

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HI Uplift: ‘Rising interest rates boost lease rates’

insight
Mike Stones
20 Feb 23
0

Rising 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.…

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Safran and France’s DGA fly NH90 on 100% SAF

news
Mike Stones
17 Feb 23
0

Direction 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…

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HI Uplift: Offshore oil & gas sector ‘set for sustained growth’

insight
Mike Stones
30 Jan 23
0

The 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…

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Airbus Helicopters claims 52% of civil market as ‘recovery consolidates’

news
Mike Stones
25 Jan 23
0

Airbus 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…

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Enstrom partners with Czech DSA Dealer and Service Center

news
Mike Stones
20 Jan 23
0

Enstrom Helicopter has agreed a partnership with DSA in the Czech Republic to offer aircraft sales, flight training, and maintenance for all models of Enstrom…

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Hogan Lovells advises London’s Air Ambulance Charity – for free

news
Alasdair Whyte
13 Jan 23
0

Law 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…

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CHC Brazil lands five new contracts with oil giant Petrobras

news
Mike Stones
13 Jan 23
0

CHC Brasil has won five new contracts with Brazilian oil giant Petrobras said to be worth millions of dollars. The exclusive contracts focus on the…

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HI Uplift: LCI orders up to 40 Chaparral VTOLs

insight
Mike Stones
11 Jan 23
0

Operating 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)…

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Lobo Leasing and Air Taurus sign LOI to lease five unmanned Pipistrels

news
Yves Le Marquand
11 Jan 23
0

Lobo 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…

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Swiss Helicopter offers carbon neutral flights

news
Mike Stones
9 Jan 23
0

The Swiss Helicopter company, based in Altstadt, Switzerland, has made all its passenger flights exclusively climate-neutral from the beginning of this year. The company –…

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Bristow partners with Nova to upgrade Dutch Caribbean Coast Guard’s AW139s

news
Mike Stones
5 Jan 23
0

Bristow is partnering with engineering company Nova Systems to deliver next generation mission system and aircraft modification solutions on AW139 helicopters used by the Dutch…

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HI Uplift: Lessors look forward to stability after tough times

insight
Mike Stones
9 Dec 22
0

Helicopter 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…

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Luxaviation and Thien Minh partner in Vietnam

news
Mike Stones
9 Dec 22
0

Helicopter and fixed wing operator Luxaviation Group has agreed a partnership with Thien Minh Group (TMG) and its subsidiary Hai Au Aviation (HAA), the largest…

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Sanctions create ‘opportunity for Western heavy helicopters’

news
Mike Stones
8 Dec 22
0

Sanctions 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…

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