Bell signs seven 505 purchase agreements with European customersnews Mike Stones 5 Jul 22 0Bell Textron has signed purchase agreements for seven Bell 505 helicopters with European customers. Two of the purchase agreements were signed by JB Investments, Poland’s… Read more
HI Uplift: Seeking a buyer for Babcock (and the CHC legacy)insight Mike Stones 1 Jul 22 0Babcock seeks a buyer. It’s a sale few expected and even fewer seem to want. Unless you are the UK Competition and Markets Authority (CMA).… Read more
Starspeed wins UK Penzance Helicopters contractnews Mike Stones 1 Jul 22 0Starspeed, Luxaviation Group’s corporate VIP helicopter company, has won the contract to operate Penzance Helicopters’ service to the Isles of Scilly, off the UK’s south… Read more
LCI, RIVE and Turning Rock buy 19 helicopters from Lobo Leasingnews Alasdair Whyte 30 Jun 22 0LCI, RIVE Private Investment and Turning Rock Partners are buying 19 helicopters worth $115m from Lobo Leasing. “This portfolio acquisition is another major step in… Read more
HI Uplift: LEVL Leasing launched as ‘capital demand expected to climb’insight Mike Stones 27 Jun 22 0LEVL Leasing has been launched by Lobo Leasing and EMP Structured Assets to supply lease and capital solutions for helicopter and vertical lift operators, as… Read more
LCI & SMFL deliver two new AW169s to Italian EMS operatornews Mike Stones 16 Jun 22 0Two new Leonardo AW169 helicopters have been delivered by leasing services company LCI and Sumitomo Mitsui Finance and Leasing Company Limited (SMFL), from their joint… Read more
Bristow positioned for growth, as CEO ‘applies Aesop’s lessons’: analystsinsight Mike Stones 13 Jun 22 0Global helicopter operator Bristow is positioned for growth next year, according to Chris Bradshaw, group president and CEO. Industry specialists consulted by Helicopter Investor (HI)… Read more
Constant Aviation grows MRO services to include helicoptersnews Mike Stones 9 Jun 22 0Maintenance, repair and overhaul (MRO) company Constant Aviation is growing its services beyond business jets, commercial airliners and other fixed-wing aircraft to include rotorcraft such… Read more
UK protects weak O&G companies from mighty helicopter operatorsinsight Alasdair Whyte 4 Jun 22 0The UK’s Competition and Markets Authority (CMA) has told CHC that it cannot own Babcock’s UK offshore business that it acquired last year. You can… Read more
CHC forced to sell Babcock offshorenews 3 Jun 22 0The UK Competition and Markets Authority (CMA) has told CHC to sell the UK parts of the Babcock offshore business it acquired last year. The… Read more
HI Uplift: Enstrom to ‘hit high notes of heli production’ with Surack Enterprisesinsight Mike Stones 30 May 22 0Building any business is tough. But constructing a $1.5bn world-leading music business, starting from the back of your Volkswagen bus, reveals extraordinary grit, determination and… Read more
CHC, Milestone start 12-year fire and emergency contract in Western Australianews Alasdair Whyte 27 May 22 0CHC Helicopter has won a new 12-year contract with Western Australia’s Department of Fire and Emergency Services (DFES). It will provide 24 hour emergency helicopter… Read more
Surack Enterprises aims to strike the right note with Enstrom acquisitionnews Mike Stones 16 May 22 0The Enstrom Helicopter Corporation has been acquired by music entrepreneur Chuck Surack, founder of the online music retailer Surack Enterprises, for an undisclosed sum. Surack… Read more
LCI orders 50 Alia eVTOLs from Betanews Alasdair Whyte 27 Apr 22 0LCI has ordered 50 Alia 250s from eVTOL manufacturer Beta Technologies with an option for up to 125. The leasing company has paid a deposit.… Read more
Lobo Leasing orders 15 Pipistrel hybrid cargo VTOLsnews Alasdair Whyte 6 Apr 22 0Lobo Leasing has signed a letter of intent with deposits for the acquisition of 15 Nuuva V300 autonomous cargo hybrid VTOL aircraft from Pipistrel. Pipistrel’s… Read more
Investec financing three helicopters for LCInews Alasdair Whyte 6 Apr 22 0Investec is providing finance for two AW189 and one AW139 for Lease Corporation International. “These transactions mark a continuation of Investec’s expansion into strategic helicopter… Read more
LCI and Sumitomo Mitsui Finance acquire five next gen helicoptersnews Mike Stones 5 Apr 22 0Aviation leasing company LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have acquired a further five next generation helicopters. This brings their joint venture… Read more
Pre-owned heli sales soar, but what about the Ukraine effect?insight Mike Stones 28 Mar 22 0 Sales of pre-owned single- and multi-engine turbine helicopters soared last year, according to the latest report from industry analyst AMSTAT. But it’s too early… Read more
MidTex Aviation plans to relaunch Enstromnews Alasdair Whyte 15 Mar 22 0MidTex Aviation has agreed to buy the assets of The Enstrom Helicopter Corporation and plans to reopen its factory. The purchase has been approved by… Read more
Ultimate HELI supports discovery of The Endurancenews Alasdair Whyte 15 Mar 22 0Ultimate HELI, the South African operator, was a key part of the team that found The Endurance, the lost vessel of Anglo-Irish explorer Sir Ernest Shackleton.… Read more