Westar to bring Leonardo’s AW609 tiltrotor to Malaysia and signs five-heli dealnews Mike Stones 30 May 23 0Westar 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… Read more
Airbus agrees sale of 43 helicopters to Italy’s Air Corporatenews Mike Stones 26 May 23 0Airbus has revealed its largest commercial helicopter transaction in Italy, with the sale of 43 helicopters to rotary services firm Air Corporate at the EBACE… Read more
Blade posts Q1 revenue up 70% and net loss downnews Mike Stones 18 May 23 0Blade 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… Read more
Milestone sells Sikorsky S-92 helicopter to Brunei Shell Petroleumnews Mike Stones 17 May 23 0Aircraft 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… Read more
HI Uplift: Unlocking eastern promise in China (maybe)insight Mike Stones 17 Apr 23 0Most things in China are big. Helicopter orders are no exception. Last week, Airbus Helicopters revealed its deal to sell 50 H160s to helicopter lessor… Read more
Global helicopter market to reach $11.5bn by 2032news Mike Stones 12 Apr 23 0The 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… Read more
Milestone signs lease deal with OHS for five Sikorsky S-92snews Mike Stones 12 Apr 23 0Milestone 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… Read more
Airbus signs 50-helicopter deal with China’s GDATnews Mike Stones 11 Apr 23 0Airbus 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… Read more
HI Uplift: Blueberry Aviation 500 up (and counting)insight Mike Stones 6 Apr 23 0March 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… Read more
CHC Helicopter wins additional Shell contract in North Seanews Mike Stones 5 Apr 23 0CHC 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… Read more
Ultimate Aviation completes acquisition of OHSnews Mike Stones 3 Apr 23 0Passenger and air cargo specialist Ultimate Aviation Group has finalised its deal to purchase Offshore Helicopter Services UK (OHS UK) from CHC Helicopter Group (CHC).… Read more
HI Uplift: LCI sets three top goals for 2030, after SMFL acquires 35% stakeinsight Mike Stones 31 Mar 23 0Operating lessor LCI has set out three top goals to achieve by 2030, after revealing that Sumitomo Mitsui Finance and Leasing Company (SMFL) is to… Read more
BREAKING: Sumitomo Mitsui Finance and Leasing Company to acquire 35% stake in LCInews Mike Stones 30 Mar 23 0Sumitomo Mitsui Finance and Leasing Company Limited (SMFL) is to acquire a 35% stake in operating lessor LCI. Building on the partnership forged in September… Read more
Blade posts Q4 2022 revenue up and full-year loss downnews Mike Stones 15 Mar 23 0Blade 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… Read more
Leonardo to support PHI’s AW139 helicopters with new Special Component Plannews Mike Stones 13 Mar 23 0Leonardo 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… Read more
Milestone agrees lease agreements with HeliService for four helicoptersnews Mike Stones 7 Mar 23 0The 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… Read more
Bell agrees sale of four 407GXi helicopters to Polish National Policenews Mike Stones 7 Mar 23 0 Bell Textron has revealed the sale of four Bell 407GXi helicopters to the Polish National Police (PNP). The aircraft will join three others of the… Read more
Babcock completes disposal of emergency services to Ancalanews Mike Stones 6 Mar 23 0Babcock International has completed the disposal of its aviation emergency service businesses in Iberia, Italy and the Nordics to Ancala Partners. The business has been… Read more
Milestone agrees five-helicopter lease deal with Aramconews Mike Stones 6 Mar 23 0Milestone has agreed a five-helicopter lease deal with Saudi Arabian oil giant Aramco. The agreement focuses on the placement of three Leonardo AW139 helicopters and… Read more
HI Uplift: ‘Forecasting is our biggest (supply chain) weapon’insight Mike Stones 6 Mar 23 0Efficient forecasting is a key tactic in the battle to mitigate challenges in the helicopter industry supply chain, according to Helicopter Investor’s latest Town Hall… Read more
