Year of the Tiger to test global helicopter industrynews Mike Stones 24 Jan 22 0People born in the Chinese Year of the Tiger are “courageous and energetic, love a challenge or competition and are prepared to take risks,” according… Read more
Enstrom Helicopter declares Chapter 7 bankruptcynews Mike Stones 20 Jan 22 0Enstrom Helicopter Corporation is to close on January 21st, 2022 after declaring Chapter 7 bankruptcy following “several financial difficulties”. The closure, after 64 years of… Read more
HI Uplift: Helicopter market prepares for Year of the Tigerinsight Mike Stones 17 Jan 22 0Out with the ox, in with the tiger. As the global helicopter market prepares to welcome the Chinese New Year of the Tiger (which begins… Read more
EMBRAER’S EVE TO LIST ON NYSE AFTER MERGER WITH ZANITE CORPnews Mike Stones 21 Dec 21 0Embraer is to merge its electric aircraft subsidiary Eve with Zanite Acquisition Corp, a special purpose acquisition corporation (SPAC), ahead of listing on the New… Read more
AeroHP starts part-out business with VIP AW139news Alasdair Whyte 1 Dec 21 0AeroHP, the Houston aviation services company, has moved into the part-out market. The company’s first project is the part-out of a VIP-configured Leonardo AW139 aircraft.… Read more
LCI buying portfolio from Nova Capitalnews Alasdair Whyte 1 Dec 21 0LCI has agreed to acquire Nova Capital Aviation Ireland which owns Nova Capital’s twin-engine helicopters and fixed-wing aircraft. Nova Capital will keep its single-engine helicopter… Read more
Nova Capital: 20 years, 100 aircraft and a $500m portfolioinsight Alasdair Whyte 29 Nov 21 0Resilience is the quality which has led aircraft lessor Nova Capital to achieve a $500m aircraft portfolio over 20 years in business, CEO Olivier Piot… Read more
Nova Capital fleet passes 100 aircraftnews Alasdair Whyte 25 Nov 21 0Aircraft lessor Nova Capital announced its 100th owned and managed aircraft bringing its total fleet value to $500m. This came following the award of a… Read more
Newsletter: ‘Dancing on the head of theoretical pins’insight Alasdair Whyte 23 Nov 21 0“This isn’t the time to be dancing on the head of theoretical pins, it’s a time to consolidate, to balance power between the oil majors… Read more
‘Different deals need different capital sources’news Alasdair Whyte 8 Nov 21 02021, for many in the helicopter industry, has been a year of consolidation. As well as very good performance on the existing fleet, leasing services… Read more
Lobo Leasing now owned by CEO and COOnews Alasdair Whyte 2 Nov 21 0Helicopter lease servicing company Lobo Leasing has completed a management buy-out. The company is now wholly owned by CEO Bill Wolf and chief operating officer… Read more
Aero Asset Q3 Heli Market Trends reports stable sales volume, shrinking supplynews Alasdair Whyte 19 Oct 21 0There has been a decrease in supply of preowned twin-engine helicopters and stable retail transaction volume year-over-year, according to Aero Asset’s third quarter (Q3) 2021… Read more
BREAKING: Libra Group buys out KKR’s stake in LCI Helicoptersnews Alasdair Whyte 11 Oct 21 0LCI has revealed its parent company, the Libra Group, has acquired the remaining minority interest in LCI Helicopters held by global investment firm KKR. Jaspal… Read more
LCI has re-entered the fixed wing marketnews Alasdair Whyte 29 Sep 21 0Helicopter lessor LCI announced it has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft. It was acquired by a… Read more
Helicopter Investor newsletter: ‘The industry absolutely needs consolidation’insight Alasdair Whyte 16 Sep 21 0“The industry absolutely needs consolidation,” Clark McGinn, principal, Uplifting Advice told Helicopter Investor in response to the news of CHC Group’s acquisition of Babcock’s oil and… Read more
LCI and SMFL add 12 helicopters to joint venturenews Alasdair Whyte 16 Sep 21 0LCI and Sumitomo Mitsui Finance and Leasing (SMFL) are adding 12 helicopters to their joint venture. The 12 helicopters are worth $120m and are added… Read more
Milestone to deliver three AW139s to Thai Aviation Servicesnews Mike Stones 7 Sep 21 0Helicopter leasing and financing company Milestone Aviation Group is to deliver three AW139 helicopters for offshore oil and gas missions to Thai Aviation Services (TAS);… Read more
LCI’s Praveen Vetrivel named in Airline Economics’ awardsnews Alasdair Whyte 1 Sep 21 0Praveen Vetrivel, chief financial officer (CFO) at helicopter leasing company LCI has been named in Airline Economics’ 40 under 40 awards. The 40 under 40… Read more
Newsletter: SAR takes off with Covid rule relaxationsinsight Alasdair Whyte 11 Aug 21 0Depending on where you are reading this, there might be reasons to revel in the easing of restrictions. Maybe you are on a summer holiday… Read more
LCI Aviation raised more than $1bn since 2019news Alasdair Whyte 2 Aug 21 0Helicopter lessor LCI Aviation has raised more than $1bn of helicopter capital since 2019, according to the company. The figure relates to financings and refinancings… Read more
