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Finance

Piasecki back in the gAAMe

news
Mike Stones
5 Jun 23
0

Piasecki Aircraft Corporation has bought the Pennsylvania-based former Lockheed Martin Sikorsky Heliplex facility as it eyes a return to aircraft production. With a legacy stretching…

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Bell sells six 407GXi helicopters to Argentina for SAR missions

news
Mike Stones
1 Jun 23
0

Bell Textron Canada is to six Bell 407GXi helicopters to the Argentinian government for search-and-rescue (SAR) missions. The government-to-government contract was agreed by the Ministry…

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HI Uplift: Airbus sells 43 helicopters to Italy’s Air Corporate

insight
Mike Stones
31 May 23
0

Airbus has revealed its biggest commercial helicopter order in Italy, with the sale of 43 helicopters to rotary services firm Air Corporate at EBACE 2023…

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Bristow is preferred bidder for the Irish Coast Guard Aviation Service

news
Mike Stones
31 May 23
0

Helicopter operator Bristow has been identified as the preferred bidder for the next Irish Coast Guard (IRCG) search & rescue aviation (SAR) contract by the…

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Westar to bring Leonardo’s AW609 tiltrotor to Malaysia and signs five-heli deal

news
Mike Stones
30 May 23
0

Westar Aviation is to bring Leonardo’s AW609 tiltrotor to Malaysia, marking the aircraft’s entry into the South-East Asia market. Offshore helicopter services company has also…

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Airbus agrees sale of 43 helicopters to Italy’s Air Corporate

news
Mike Stones
26 May 23
0

Airbus has revealed its largest commercial helicopter transaction in Italy, with the sale of 43 helicopters to rotary services firm Air Corporate at the EBACE…

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Blade posts Q1 revenue up 70% and net loss down

news
Mike Stones
18 May 23
0

Blade Air Mobility has posted revenue up by 70% to reach $45.271m in unaudited results for the first quarter of 2023. Total operating expenses climbed…

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Milestone sells Sikorsky S-92 helicopter to Brunei Shell Petroleum

news
Mike Stones
17 May 23
0

Aircraft lessor Milestone Aviation Group has sold a Sikorsky S-92 helicopter to the Brunei Shell Petroleum Company. Configured for passenger transport, the helicopter is intended…

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HI Uplift: Unlocking eastern promise in China (maybe)

insight
Mike Stones
17 Apr 23
0

Most things in China are big. Helicopter orders are no exception. Last week, Airbus Helicopters revealed its deal to sell 50 H160s to helicopter lessor…

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Global helicopter market to reach $11.5bn by 2032

news
Mike Stones
12 Apr 23
0

The global commerical helicopter market is expected to reach a value of $11.5bn by the end of 2032, predicts a new report from Future Market…

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Milestone signs lease deal with OHS for five Sikorsky S-92s

news
Mike Stones
12 Apr 23
0

Milestone Aviation Group has signed lease agreements with Offshore Helicopter Services UK (OHS) for five Sikorsky S-92 helicopters. The deal includes the extension of three…

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Airbus signs 50-helicopter deal with China’s GDAT

news
Mike Stones
11 Apr 23
0

Airbus Helicopters has agreed to sell 50 H160 medium utility twin-engine helicopters to Chinese helicopter lessor and operator GDAT. The deal is the largest single…

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HI Uplift: Blueberry Aviation 500 up (and counting)

insight
Mike Stones
6 Apr 23
0

March was a big month for Blueberry Aviation. Not only did the Monaco-based helicopter and commercial aircraft company celebrate 20 years in business while exhibiting…

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CHC Helicopter wins additional Shell contract in North Sea

news
Mike Stones
5 Apr 23
0

CHC Helicopter has revealed a new five-year deal with Shell to support its operations in the North Sea. The multi-million-pound contract includes the use of…

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Ultimate Aviation completes acquisition of OHS

news
Mike Stones
3 Apr 23
0

Passenger and air cargo specialist Ultimate Aviation Group has finalised its deal to purchase Offshore Helicopter Services UK (OHS UK) from CHC Helicopter Group (CHC).…

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HI Uplift: LCI sets three top goals for 2030, after SMFL acquires 35% stake

insight
Mike Stones
31 Mar 23
0

Operating lessor LCI has set out three top goals to achieve by 2030, after revealing that Sumitomo Mitsui Finance and Leasing Company (SMFL) is to…

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BREAKING: Sumitomo Mitsui Finance and Leasing Company to acquire 35% stake in LCI

news
Mike Stones
30 Mar 23
0

Sumitomo Mitsui Finance and Leasing Company Limited (SMFL) is to acquire a 35% stake in operating lessor LCI. Building on the partnership forged in September…

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Blade posts Q4 2022 revenue up and full-year loss down

news
Mike Stones
15 Mar 23
0

Blade Air Mobility has posted total fourth-quarter 2022 revenue up 55% to $38.1m. Revenue for the full-year ended December 31st climbed 118% to reach $146.1m compared with…

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Leonardo to support PHI’s AW139 helicopters with new Special Component Plan

news
Mike Stones
13 Mar 23
0

Leonardo Helicopters and PHI Group (PHI) have agreed a long-term deal to support the operator’s AW139 fleet. The new Special Component Plan (SCP) will bring…

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Milestone agrees lease agreements with HeliService for four helicopters

news
Mike Stones
7 Mar 23
0

The Milestone Aviation Group has agreed the lease of four Leonardo helicopters to offshore helicopter operator HeliService International. The latest deal follows news of Milestone’s…

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Latest news
Heli-One

Heli-One opens S-92 support centre in Brazil

1 June 2026
Leonardo

HI Uplift: Leonardo sells in Brazil & invests in UK

29 May 2026
VIH Helicopters

HI Uplift: VIH’s Fire Raptor planned to prey on wildfires

26 May 2026
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