Thora Capital closes first helicopter funding roundnews Alasdair Whyte 18 Nov 19 0Newcomer to the helicopter investor space Thora Capital has closed its initial helicopter funding round and revealed the details of its second transaction. So far,… Read more
Revenues up, orders down for Leonardo in Q3news Alasdair Whyte 11 Nov 19 0Leonardo saw mixed results in the third quarter, with revenues up 11% year-on-year at €9.1bn but commercial helicopter orders down drastically by 52%, buoyed only… Read more
GECAS promotes Greg Conlon to president & CEOnews Alasdair Whyte 7 Nov 19 0In an internal promotion, GECAS has appointed current Milestone Helicopter Leasing CEO Greg Conlon as its president and CEO. GECAS (GE Capital Aviation Services) is… Read more
New York State of Flyinginsight Alasdair Whyte 25 Oct 19 0UPDATE: Flight restrictions over New York City right now are exclusively limiting Helicopter Tourism flights. New York Helicopter operates exclusively tourism flights and the NYCEDEC’s… Read more
LCI launches its first co-investment vehiclenews Alasdair Whyte 17 Oct 19 0 Helicopter lessor LCI has just launched its first helicopter co-investment vehicle, in partnership with a subsidiary of Paris-based investment firm Flexam Invest. The co-investment… Read more
Bristow receives court approval for reorganisation plannews Alasdair Whyte 9 Oct 19 0After a tumultuous six months, Bristow Group has been cleared to emerge from Chapter 11 following recent approval from the US Bankruptcy Court. The helicopter… Read more
EHang linked to Nasdaq IPOnews Alasdair Whyte 27 Sep 19 0EHang, the Chinese drone and eVTOL manufacturer has filed for an initial public offering (IPO) of up to $200 million shares with Nasdaq – according… Read more
Court rules in favour of LCI in Waypoint helicopter casenews Alasdair Whyte 13 Sep 19 0The New York Bankruptcy Court has ruled in favour of helicopter lessor LCI Helicopters (the defendant) in a lawsuit filed by Macquarie Rotorcraft Leasing (the… Read more
Volocopter closes EUR 50 million financingnews Alasdair Whyte 9 Sep 19 0Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate Geely. The Series C financing more than doubles Volocopter’s capital. It… Read more
AE Industrial Partners completes acquisition of Columbianews Alasdair Whyte 2 Sep 19 0AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The private equity firm first announced its intention to acquire Columbia in… Read more
Russian Helicopter orders at MAKS 2019news Alasdair Whyte 30 Aug 19 0Russian Helicopters has announced several orders for its commercial models: the VRT500, Mi-8AMT and Ansat helicopters at the International Aviation and Space Show (MAKS 2019)… Read more
Helicopter Investor Newsletter: Searching for silver liningsnews Alasdair Whyte 22 Aug 19 0This article originally appeared as one of our Helicopter Investor Newsletters. Click here to subscribe. Talk of recovery in the helicopter market is nothing new.… Read more
Bristow announces $75 million tender offernews Alasdair Whyte 13 Aug 19 0Bristow Group has announced a cash tender offer to purchase $75 million of its secured notes maturing in 2023. The tender offer to purchase the… Read more
Leonardo reports 34% increase in orders in H1 2019news Alasdair Whyte 5 Aug 19 0Buoyed in part by helicopter sales, Leonardo has seen a 34% increase in new orders across all of its segments (helicopters, defence electronics & security,… Read more
Bristow finalizes $385 million debt for equity swapnews Alasdair Whyte 29 Jul 19 0Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop commitment agreement with several of its noteholders for a $385 million… Read more
PRICE Systems helps Uber estmate prices for Uber Airinsight Alasdair Whyte 24 Jul 19 0PRICE Systems, a company providing cost estimating solutions, is helping Uber and its partners in the Uber Air initiative in estimating the optimum price per… Read more
Columbia Helicopters acquired by AE Industrial Partnersnews Alasdair Whyte 19 Jul 19 0Columbia Helicopters has sold a majority holding in itself to private equity firm AE Industrial Partners, four months after the collapse of its planned sale… Read more
New Money: Thora Capital closes first fund and heli transactionnews Alasdair Whyte 17 Jul 19 0It may seem like an odd time to invest in the helicopter market that is now five years into a downturn, but a new asset… Read more
LCI closes $135 million facilitynews Alasdair Whyte 17 Jul 19 0Following the closing of a $75 million facility with CaixaBank announced last week, helicopter lessor LCI has gone further and closed a $135 million asset-backed… Read more
LCI closes $75 million asset-backed facilitynews Alasdair Whyte 9 Jul 19 0In the midst a down market where consolidation and oversupply are the main words on the tongue, helicopter lessor Lease Corporation International (LCI) has just… Read more
