Airbus Helicopters boosts revenue with stable deliveries, order book up 6%news Fayaz Hussain 16 Feb 24 0Airbus Helicopters announced financial results for 2023, reporting revenue from the helicopter segment at €7.3bn, a 4% increase year-over-year from €7bn in 2022. Deliveries rose… Read more
HI Uplift: Gama Aviation’s last-minute rescue of Specialist Aviation Servicesnews Mike Stones 15 Feb 24 0It was a race against time. Gama Aviation had more than 60 separate transaction documents to finalise with a host of stakeholders in just a… Read more
Bell Textron appoints Danny Maldonado as CCO of Commercial Business Salesnews Mike Stones 13 Feb 24 0Bell Textron has appointed Danny Maldonado as chief commercial officer of Commerial Business Sales. He will be responsible for all Bell’s global commercial aircraft sales,… Read more
HI Uplift: LCI Analytics launched to offer actionable insights on rotorcraft & AAMnews Mike Stones 29 Jan 24 0Operating lessor LCI has launched LCI Analytics, a new independent division to deliver actionable insights via advisory, consultancy and research services focusing on mission-critical rotorcraft… Read more
Airbus Helicopters claims 54% share of civil & parapublic marketnews Mike Stones 24 Jan 24 0Airbus Helicopters is claiming a 54% share of the civil and parapublic helicopter market, after delivering 346 helicopters last year. The market is showing “steady market… Read more
Bell revenues cross $1bn mark in Q4 with 91 commercial heli deliveriesnews Fayaz Hussain 24 Jan 24 0Filings by Textron showed revenues from Bell helicopters segment rose to $1.1bn in the fourth quarter (Q4) of 2023, up 31% year-on-year from $0.82bn in… Read more
Airbus Helicopters to buy UAS firm Aerovelnews Mike Stones 15 Jan 24 0Airbus Helicopters is to acquire unmanned aerial system (UAS) firm Aerovel, in a bid to strengthen its portfolio of tactical unmanned solutions, including Flexrotor. This… Read more
HI Uplift: RIVE on track to raise €550m for its Transportation Assets Fund by 2025news Mike Stones 11 Jan 24 0Paris-based European investment company RIVE is on track to raise €550m ($602m) for its RIVE Transportation Assets Income Fund (RTAIF), by 2025. The fund, which… Read more
MD Helicopters reveals record orders in 2023news Mike Stones 11 Jan 24 0MD Helicopters claims record orders during 2023, split between both commercial and military clients, matching its the previous peak year of 2008. The Arizona-based manufacturer… Read more
Gama Aviation confirms talks to acquire Specialist Aviation Servicesnews Mike Stones 8 Jan 24 0Gama Aviation has confirmed talks to acquire UK-based Specialist Aviation Services in a statement to the London Stock Exchange today. Specialist Aviation Services provides helicopter… Read more
LCI supports relaunch of Bond Helicopters with three AW139snews Mike Stones 15 Dec 23 0Operating lessor LCI is supporting the relaunch of British offshore helicopter services company Bond Helicopters with the provision of three Leonardo AW139s, according to Padraig… Read more
US bankruptcy court approves Air Methods restructuring plannews Fayaz Hussain 11 Dec 23 0Air Methods Corporation announced that the company has received approval from the US Bankruptcy Court for the Southern District of Texas for its Chapter 11… Read more
HI Uplift: Heli demand to rise – but from growth or replacement?news Mike Stones 10 Dec 23 0Touring the European Rotors event in Madrid last week, excitement was in the air. It wasn’t just the prospect of paella and Rioja Gran Reserva.… Read more
Bell parent Textron restructuring plan sees 725 jobs cutnews Yves Le Marquand 29 Nov 23 0Bell Helicopter’s parent company Textron has reported it will cut 725 jobs as part of a restructuring plan attempting to bring down operating expenses. With… Read more
Milestone reveals lease agreements for three AW169s at European Rotorsnews Mike Stones 28 Nov 23 0Milestone Aviation Group has revealed the signing of lease agreements with UNI-FLY Group for three Leonardo AW169 Helicopters at the European Rotors event in Madrid.… Read more
European Rotors HI Finance Forums probe 2024 trends and leasingnews Mike Stones 24 Nov 23 0The future of the global helicopter market next year plus key trends in helicopter leasing are the subjects of two Helicopter Investor Finance Forums, which… Read more
HI Uplift: the US HEMS market – the Air Methods legacynews Mike Stones 23 Nov 23 0Slow Train Coming is the 19th studio album by American singer-songwriter Bob Dylan. The title also sums up for many seasoned observers the decision by Air… Read more
EHANG POSTS 239% JUMP IN REVENUES ON HIGHER EH216 SALESnews Yves Le Marquand 23 Nov 23 0EHang Holdings reported financial results for the third quarter of 2023, with revenues soaring 239% year-on-year to $3.9m. The increase was attributed to higher sales… Read more
LEVL Leasing closes leases on six Avincis helicoptersnews Alasdair Whyte 14 Nov 23 0LEVL Leasing, the joint venture between Lobo Leasing and EMP Structured Assets, has closed a €50m sale and leaseback with Avincis. The joint venture has… Read more
HI Uplift: LCI & SMFL launch Social Loan Framework in $1.6trn sustainable finance marketnews Mike Stones 9 Nov 23 0LCI and Sumitomo Mitsui Finance and Leasing Co (SMFL) have launched the first Social Loan Framework for helicopter leasing, finance and operations, targeting the $1.6trn… Read more
