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Finance

Blackcomb Helicopters acquires Loft Dynamics’ VR Flight Simulator 

news
Mike Stones
3 Jul 23
0

Canadian helicopter operator Blackcomb Helicopters has acquired Loft Dynamic’s VR Flight Simulator to deliver virtual reality (VR) training devices for rotary pilots. Blackcomb Helicopters, based in…

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HI Uplift: LEVL Leasing and Investec agree 15-helicopter financing deal

insight
Mike Stones
23 Jun 23
0

LEVL Leasing, the Lobo Leasing and EMP Structured Assets joint venture, has agreed a 15-helicopter financing deal with South African bank Investec. The facility covers…

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Aero Asset makes three senior appointments

news
Mike Stones
20 Jun 23
0

Helicopter sales and market intelligence firm Aero Asset has made three senior appointments. Shaun Geng has been appointed vice president, Operations. Andrea Winning has become…

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Airbus H125 completes first SAF-powered heli flight in China

news
Mike Stones
14 Jun 23
0

An Airbus H125 helicopter, powered by a Safran Ariel 2D engine, has completed the first Sustainable Aviation Fuel powered helicopter flight in China. The flight…

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Corporate Jet Investor Quarterly: Top 10 eVTOL pioneers and more

news
Mike Stones
13 Jun 23
0

The top 10 leading eVTOL pioneers are profiled in the latest edition of Corporate Jet Investor Quarterly (CJIQ). Alongside the future of air taxis, we…

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HI Uplift: Big three OEMs look forward to stable growth

insight
Mike Stones
9 Jun 23
0

The three biggest helicopter manufacturers – Airbus, Bell and Leonardo – look forward to sustained and stable growth in the rotary industry despite an uncertain…

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Gama Aviation’s 2022 profit up 33% after contract wins

news
Mike Stones
8 Jun 23
0

Helicopter and fixed wing services company Gama Aviation has posted gross profit up 33% to $55.1m and revenue up 21% to $285.6m, after two key…

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Bell sells first 407GXi to client in Turkey for corporate flights

news
Mike Stones
6 Jun 23
0

Bell Textron has sold the first Bell 407GXi in Turkey, to Turkish customer Sancak Air. The helicopter will join the company’s fleet which includes a…

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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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Latest news
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