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
Blackcomb Helicopters acquires Loft Dynamics’ VR Flight Simulator news Mike Stones 3 Jul 23 0Canadian 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… Read more
HI Uplift: LEVL Leasing and Investec agree 15-helicopter financing dealinsight Mike Stones 23 Jun 23 0LEVL 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… Read more
Aero Asset makes three senior appointmentsnews Mike Stones 20 Jun 23 0Helicopter sales and market intelligence firm Aero Asset has made three senior appointments. Shaun Geng has been appointed vice president, Operations. Andrea Winning has become… Read more
Airbus H125 completes first SAF-powered heli flight in Chinanews Mike Stones 14 Jun 23 0An Airbus H125 helicopter, powered by a Safran Ariel 2D engine, has completed the first Sustainable Aviation Fuel powered helicopter flight in China. The flight… Read more
Corporate Jet Investor Quarterly: Top 10 eVTOL pioneers and morenews Mike Stones 13 Jun 23 0The top 10 leading eVTOL pioneers are profiled in the latest edition of Corporate Jet Investor Quarterly (CJIQ). Alongside the future of air taxis, we… Read more
HI Uplift: Big three OEMs look forward to stable growthinsight Mike Stones 9 Jun 23 0The three biggest helicopter manufacturers – Airbus, Bell and Leonardo – look forward to sustained and stable growth in the rotary industry despite an uncertain… Read more
Gama Aviation’s 2022 profit up 33% after contract winsnews Mike Stones 8 Jun 23 0Helicopter 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… Read more
Bell sells first 407GXi to client in Turkey for corporate flightsnews Mike Stones 6 Jun 23 0Bell 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… Read more
Piasecki back in the gAAMenews Mike Stones 5 Jun 23 0Piasecki 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… Read more
Bell sells six 407GXi helicopters to Argentina for SAR missionsnews Mike Stones 1 Jun 23 0Bell 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… Read more
HI Uplift: Airbus sells 43 helicopters to Italy’s Air Corporateinsight Mike Stones 31 May 23 0Airbus has revealed its biggest commercial helicopter order in Italy, with the sale of 43 helicopters to rotary services firm Air Corporate at EBACE 2023… Read more
Bristow is preferred bidder for the Irish Coast Guard Aviation Servicenews Mike Stones 31 May 23 0Helicopter operator Bristow has been identified as the preferred bidder for the next Irish Coast Guard (IRCG) search & rescue aviation (SAR) contract by the… Read more
