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
LCI raises $500m in helicopter and fixed wing financing in 2022news Mike Stones 13 Feb 23 0Operating lessor LCI has revealed it raised $500m in helicopter and other aviation financing during 2022. The total includes $200m in the last two months… Read more
HI Uplift: Offshore oil & gas sector ‘set for sustained growth’insight Mike Stones 30 Jan 23 0The offshore oil and gas sector is set for several years of sustained growth, after seven thin years, generating rising demand for helicopter support. That’s… Read more
Airbus Helicopters claims 52% of civil market as ‘recovery consolidates’news Mike Stones 25 Jan 23 0Airbus Helicopters is claiming 52% of the civil and parapublic market, having logged 374 gross orders (362 net), with 216 light single engine helicopters sold last… Read more
Pre-owned single engine helicopter sales fall 12% last yearnews Mike Stones 23 Jan 23 0Sales of pre-owned single engine helicopters fell by 12% last year, while inventory remained low, according to Aero Asset’s latest Heli Market Trends Report. Last… Read more
Kaman to end production of K-Max heavy helicopternews Mike Stones 23 Jan 23 0Connecticut-based helicopter manufacturer Kaman is to end production of its K-Max heavy lift helicopter, after concluding the aircraft does not “deliver the most compelling growth… Read more
HI Uplift: Helicopter values ‘likely to climb’ (maybe). But for how long?insight Mike Stones 19 Jan 23 0Helicopter values are likely to climb this year but for how long remains unclear, according to three industry insiders consulted by Helicopter Investor. “The whole… Read more
RedBird Capital builds a 5% plus stake in Bladenews Yves Le Marquand 18 Jan 23 0New York-based private equity firm RedBird Capital has accumulated a more than 5% stake in Blade Air Mobility, according to founder and managing partner, Gerry… Read more
Ultimate Aviation to acquire Offshore Helicopter Services UKnews Mike Stones 18 Jan 23 0Passenger and air cargo specialist Ultimate Aviation Group has finalised a deal to purchase Offshore Helicopter Services UK (OHS UK) from CHC Helicopter Group (CHC).… Read more
NatWest agrees £145m helicopter loans for Bristownews Alasdair Whyte 13 Jan 23 0NatWest has agreed two loans re-financing helicopters for Bristow’s UK search and rescue contract. The two 13-year loans are secured by 10 SAR helicopters and… Read more
HI Uplift: New contracts sharpen leasing demandinsight Mike Stones 14 Dec 22 0Demand for leased helicopters has climbed significantly this year, leading to a shortage of aircraft in some sectors, after contract providers began issuing tenders previously… Read more
HI Uplift: Lessors look forward to stability after tough timesinsight Mike Stones 9 Dec 22 0Helicopter lessors are looking forward to business stability after a decade of turbulence, said speakers at Helicopter Investor’s Financial Forum. Plus, inflation could boost demand… Read more
Sanctions create ‘opportunity for Western heavy helicopters’news Mike Stones 8 Dec 22 0Sanctions against Russian helicopter manufacturers are blocking the availability of new aircraft and parts, creating short- to medium-term opportunities for western suppliers, according to IBA’s… Read more
