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
Milestone delivers Sikorsky S-92 to China General Aviation Companynews Mike Stones 9 Nov 23 0Milestone Aviation Group has delivered a Sikorsky S-92 helicopter to its new client China General Aviation Company (CGAC). Configured for offshore passenger transport, the S-92… Read more
LCI & SMFL launch Social Loan Framework for heli leasing, finance and opsnews 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 to exploit the… Read more
Blade Air Mobility reports stellar Q3 performancenews Fayaz Hussain 8 Nov 23 0Blade Air Mobility announced its financial results for the third quarter of 2023, highlighted by a 56% year-on-year (YoY) surge in revenue to a record… Read more
Bristow hails passing ‘positive inflection point’ in Q3 2023 resultsnews Mike Stones 2 Nov 23 0Bristow Group has passed “a positive inflection point”, according to its president and CEO Chris Bradshaw, after the helicopter operator posted net income of $4.3m… Read more
LCI vice chairman Michael Platt to step downnews Mike Stones 1 Nov 23 0LCI’s vice chairman Michael Platt will retire at the end of this year but continue to serve a senior adviser working on business innovation projects… Read more
LYTE AVIATION EYES INDIAN MARKET WITH 10 PRE-ORDERS FROM VMANnews Yves Le Marquand 1 Nov 23 0Lyte Aviation has received a pre-order for 10 aircraft from Vman as it eyes an entrance to the Indian market. The UK-based eVTOL OEM is… Read more
After Air Methods’ Chapter 11 filings: ‘more to follow’news Mike Stones 27 Oct 23 0More helicopter emergency medical services (EMS) businesses are likely to follow Air Methods in seeking Chapter 11 bankruptcy protection, according to Jason Kmiecik, president of… Read more
Bell revenues remain flat at $754m in Q3news Fayaz Hussain 26 Oct 23 0Third-quarter filings from Textron showed Bell revenues remained flat at $754m compared to $754m in the same period last year on account of lower commercial… Read more
