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
Town Hall: Three key markets drive growth, says Airbusinsight Mike Stones 28 Jul 21 0Three key markets are driving sustained growth in Airbus Helicopters’ order book, while two operators report a return to near pre-Covid levels of business, according… Read more
Milestone announces Purchase Leaseback with NHV for a AW169 helicopternews Alasdair Whyte 16 Jul 21 0Milestone Aviation has signed a Purchase/Leaseback (PLB) arrangement for a AW169 helicopter with Belgian-based operator NHV Group. The AW169 helicopter delivered earlier this month will… Read more
David Crick first international ASA International presidentnews Alasdair Whyte 15 Jul 21 0Aircraft and helicopter appraiser David Crick, founder of DavAir Group, has been appointed international president of the American Society of Appraisers (ASA). It is the… Read more
ASA grants Alastair Fallon accredited senior appraiser statusnews Mike Stones 27 May 21 0The American Society of Appraisers has granted Alastair Fallon, helicopter aviation analyst with data intelligence business IBA Group, accredited senior appraiser status in materials technical… Read more
Bell Textron announces UAM partnership with Wheels Upnews Alasdair Whyte 12 Apr 21 0Bell Textron has announced plans – through a partnership with jet charter company Wheels Up – to develop short- and long-term solutions for vertical take-off… Read more
Weston Aviation to support NHV Group in Cork, Irelandnews Alasdair Whyte 6 Apr 21 0FBO and hangar facility anWeston Aviation will support NHV Group at Cork Airport, in Ireland, where the operator will begin a new contract with PSE… Read more
LCI and LCM Partners launch co-investment vehiclenews Alasdair Whyte 25 Mar 21 0LCI has launched a new helicopter co-investment vehicle with alternative investment firm LCM Partners. “Our new partnership with LCM is the latest example of how… Read more
NHV Group announces contract with PSE Kinsale Energynews Alasdair Whyte 24 Mar 21 0NHV Group announced a new contract with PSE Kinsale Energy in support of its decommissioning operations in the Celtic Sea. The transfer flights to the… Read more
Twin engine pre-owned helicopter sales to remain ‘bullish’: Aero Assetnews Mike Stones 16 Mar 21 0The market for twin engine, pre-owned helicopter sales is likely to remain “bullish”, Valerie Pereira, Aero Asset vice president of Market Research has told Helicopter Investor.… Read more
Milestone Aviation parent company GECAS acquired by AerCapnews Alasdair Whyte 11 Mar 21 0Milestone Aviation’s parent company, GE Capital Aviation Services (GECAS) will be acquired by Dublin-based lessor AerCap Holdings. It will acquire 100% of the General Electric… Read more
Aero Asset predicts ‘resilient’ Q1 pre-owned twin salesinsight Mike Stones 9 Mar 21 0Sales of twin engine pre-owned helicopters will remain “resilient” in the first quarter of 2021, matching the trend witnessed in the second half of last… Read more
Milestone Aviation leases 11 Airbus H225s to Air Centernews Alasdair Whyte 12 Feb 21 0Milestone Aviation has added 11 Airbus H225 helicopters to the Air Center Helicopters, Inc (“ACHI”) fleet. The aircraft will be delivered throughout 2021 and 2022… Read more
