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
Milestone sells a Sikorsky S-92 to new customer in Chinanews Mike Stones 3 Mar 23 0Milestone Aviation Group has sold a Sikorsky S-92 helicopter to a new customer, China Southern Airlines General Aviation (CSAGA). Destined for offshore oil and gas… Read more
LCI to deliver two new Leonardo AW139 helicopters to Babcock Australasianews Mike Stones 3 Mar 23 0Operating lessor LCI is to deliver two new Leonardo AW139 helicopters on long-term lease to Babcock Australasia in Australia in early next year. Valued at… Read more
HI Uplift: HeliValue$’s ‘overnight success … in just 43 years’insight Mike Stones 24 Feb 23 0Helicopter appraisal firm HeliValue$ was sold to a new owner last month. So, Helicopter Investor asked founder Barry Desfor and partner Sharon Desfor for their… Read more
Gama Aviation wins £65m air ambulance contractnews Mike Stones 24 Feb 23 0Gama Aviation has revealed the award of a seven-year, £65m contract from Wales Air Ambulance Charity (WAAC) to provide Helicopter Emergency Medical Services (HEMS). Starting… Read more
NHV Group promotes Nele Ghesquiere to the role of CFOnews Mike Stones 24 Feb 23 0NHV Group has promoted Nele Ghesquiere to the role of chief financial officer (CFO), after her service as vice president of Finance. This promotion follows… Read more
HI Uplift: ‘Rising interest rates boost lease rates’insight Mike Stones 20 Feb 23 0Rising interest rates are leading to “a necessary rise” in helicopter lease rates, according to two speakers at Helicopter Investor’s recent Town Hall online meeting.… Read more
Milestone boosts SAR partnership with Bristownews Mike Stones 16 Feb 23 0strong> Milestone Aviation Group is boosting its search and rescue (SAR) partnership with helicopter operator Bristow after agreeing the lease of two Leonardo AW189 helicopters… Read more
Airbus Helicopters’ 2022 earnings rise €104m to €639mnews Mike Stones 16 Feb 23 0Airbus Helicopters’ EBIT climbed to €639m ($683.37m) in Airbus full-year results posted today. The €104m rise on the €535m reported in 2021 reflects higher services… Read more
