HI Uplift: Air Methods files for Chapter 11 protection – what it meansnews Mike Stones 26 Oct 23 0“Have the Monday blues?” US air ambulance provider Air Methods asked its nearly 4,000 followers on the social media platform X (formerly known as Twitter)… Read more
HI Insight: What lies behind Air Methods’ Chapter 11 filingsnews Fayaz Hussain 25 Oct 23 0Air Methods’ Chapter 11 filings show the company’s first-lien lenders, bondholders and shareholders have agreed to a restructuring plan which will see the company’s debt… Read more
Air Methods files for prepackaged Chapter 11 bankruptcy protectionnews Mike Stones 25 Oct 23 0US air ambulance company Air Methods has filed for prepackaged Chapter 11 bankruptcy protection. The company entered a Restructuring Support Agreement (RSA) with a majority… Read more
Helicopter Investor to stage Finance Forums at European Rotors 2023news Mike Stones 5 Oct 23 0Helicopter Investor is planning two Finance Forums to be staged at the European Rotors 2023 event in Madrid next month. Under discussion will be The… Read more
ARCHER RECEIVES FIRST INSTALMENT FROM US AIR FORCE CONTRACTSnews Yves Le Marquand 5 Oct 23 0Archer has received the first instalment worth nearly $1m from its recently announced contracts with the US Air Force (USAF). With a total value of… Read more
HI Uplift: Pre-owned twin heli market ‘starting to level out’news Mike Stones 21 Sep 23 0The pre-owned twin engine helicopter market is coming more into balance, Valerie Pereira, vice president Market Research, Aero Asset tells Helicopter Investor. Commenting on the… Read more
HI Uplift: Have heavies had their day?news Mike Stones 18 Sep 23 0Pity the poor old heavy helicopter. She spends years in storage during the downturn in the offshore energy sector. Then, when oil and gas markets… Read more
RIVE raises €200m for its transport assets fund, including helisnews Mike Stones 14 Sep 23 0European investment company RIVE Private Investment has raised €200m ($215m) since the launch of its RIVE Transportation Assets Income Fund (RTAIF) in 2021. The fund… Read more
Leonardo spends nearly £500m with UK onshore supply chainnews Mike Stones 25 Aug 23 0Leonardo Helicopters spent nearly £500m with more than 650 suppliers linked to its UK onshore supply chain last year, says the manufacturer. The supply chain… Read more
NHV Helicopters wins North Sea decommissioning contractnews Mike Stones 21 Aug 23 0Helicopter operator NHV Helicopters, headquartered in Ostend, Belgium, has won the contract for de-commissioning work on the Buchan Well in the Central North Sea. The… Read more
RevA analysis: ‘Very few downsides to settlement for Archer’news Yves Le Marquand 17 Aug 23 0It was Chinese general Sun Tzu who said: “Keep your friends close and your enemies closer”. Something Archer and Wisk seemed to do last week… Read more
Offshore Helicopter Services seals deal to extend Serica Energy contractnews Mike Stones 16 Aug 23 0Offshore Helicopter Services UK (OHSUK) has sealed a deal to extend its crew transfer contract with North Sea, mid-tier oil and gas company Serica Energy.… Read more
HI Uplift: What hundreds of new North Sea O&G licences may meannews Mike Stones 14 Aug 23 0A new bonanza of oil and gas exploration in the North Sea? Or little impact for a time-limited industry? How are UK government plans to… Read more
Bristow posts Q2 adjusted EBITDA showing ‘building business momentum’news Mike Stones 11 Aug 23 0Bristow Group’s 35% rise in adjusted EBITDA to reach $39m, posted in second-quarter (Q2) results, shows the operators’ building business momentum, according to Chris Bradshaw,… Read more
Blade’s record Q2 revenues ‘show the plan is working’news Yves Le Marquand 11 Aug 23 0Blade’s record second-quarter (Q2) revenues of $61m, up over 70% on the same period last year, “illustrates the value proposition” of its business model, said CEO… Read more
RIVE Private Investment sells six medical transport helicopters deployed in Ausnews Mike Stones 31 Jul 23 0European investment company RIVE Private Investment, Thora Capital and LCI are to sell six medical transport helicopters operated in Australia to private equity firm Astatine… Read more
HI Uplift: Super-mediums on the rise (and rise) in $55bn civil heli marketnews Mike Stones 31 Jul 23 0Super-medium helicopters continue to “gain traction” in a civil commercial helicopter market valued at about $55bn, according to aviation market intelligence and consultancy company, IBA.… Read more
Aero Asset single engine report: Drop in pre-owned sales, rising supply, pricing strongnews Mike Stones 19 Jul 23 0Falling pre-owned single engine helicopter sales volumes and rising supply, leading to a higher absorption rate, is the picture revealed by Aero Asset’s 2023 Half… Read more
HI Uplift: First US offshore wind helis delivered by LCI to speed ‘$12bn/year market’insight Mike Stones 6 Jul 23 0The US is receiving delivery of its first two dedicated helicopters to serve the offshore wind power sector from operating lessor LCI. The leases, which… Read more
Blueberry Aviation appoints Sofiane Cherchali as vice-president Contractsnews Mike Stones 3 Jul 23 0Helicopter and commercial aircraft trading company Blueberry Aviation has appointed Sofiane Cherchali as vice-president Contracts. Cherchali will support all Blueberry’s global operations and transactions, helping… Read more
