Why Thora Capital is rethinking helicopter investmentnews Alasdair Whyte 20 Nov 18 0Four years into the downturn, it is probably safe to say that the first Golden Age of helicopter leasing lasted for four years. It started… Read more
Babcock expected to take a £100 million Avincis hitnews Alasdair Whyte 19 Nov 18 0Babcock Group is expected to take a £100 million hit on the value on its helicopter business – Babcock Mission Critical Systems – when it… Read more
PHI shareholders suggest selling PHI Air Medical to cover debtnews Alasdair Whyte 13 Sep 18 0Two PHI’s shareholders have sent a letter to the company’s board of directors proposing PHI sell its air medical business to help refinance debt. The… Read more
Milestone leases five H145s to Aramconews Alasdair Whyte 10 Sep 18 0GECAS’s leasing company Milestone Aviation and Airbus helicopters have signed a contract to provide five H145 helicopters to Saudi offshore oil company Aramco Overseas Company.… Read more
Credit freeze hits helicopter marketinsight Alasdair Whyte 9 Sep 18 0Many people might find it hard to feel sympathy for bankers. Especially after 2008. But as the credit crunch shows, no industry can survive without… Read more
Waypoint starts negotiations with lenders over covenantsnews Alasdair Whyte 9 Sep 18 0Waypoint Leasing, the largest independent helicopter lessor, is in talks with banks to restructure loans. The lessor first held talks in June to warn lenders… Read more
Waypoint leases three AW169s to Taiwannews Alasdair Whyte 24 Jul 18 0Waypoint Leasing has delivered three new AW169s on lease to Taiwanese operator Emerald Pacific Airlines. This delivery represents the first time that Waypoint has delivered… Read more
Airbus to pay ERA $42 million in H225 settlementnews Alasdair Whyte 6 Jul 18 0Airbus has agreed to pay helicopter operator Era Group $42 million as compensation over the grounding of the H225. A significant amount of the aircraft… Read more
PHI buys back notes in preparation for new offernews Alasdair Whyte 5 Jul 18 0PHI Helicopters is nearing completion of a tender offer of an early buy-back of notes. These are those outstanding from a 2014 issue of $500… Read more
LCI leases three AW139s to Chinanews Alasdair Whyte 3 Jul 18 0Lease Corporation International has placed its first helicopters in China, leasing three new Leonardo AW139s to Shanghai Kingwing Aviation. To help tap into increasing demand… Read more
Waypoint Leasing: New Horizonsinsight Alasdair Whyte 4 Jun 18 0Waypoint, the world’s largest independent helicopter lessor, recently celebrated its five-year anniversary, having weathered one of the worst downturns in the history of the helicopter… Read more
Milestone completes purchase and leaseback for four S-92snews Alasdair Whyte 1 Jun 18 0Milestone has purchased four Sikorsky S-92s which it will lease back to the seller. This brings the GE-owned lessor’s fleet of S-92s to 95 –… Read more
Air Zermatt takes delivery of one Bell 429news Alasdair Whyte 23 May 18 0Swiss helicopter rescue service Air Zermatt has taken delivery of one new Bell 429 aircraft — coinciding with the company’s 50-year anniversary. The company operates… Read more
Waypoint leases one H135T3 to ALTnews Alasdair Whyte 26 Apr 18 0Waypoint Leasing has leased one H135T3 to German aviation service provider ALT to be used for pilot training. This is the seventh H135 Waypoint has… Read more
Bell – selling more, getting lessnews Alasdair Whyte 19 Apr 18 0Bell delivered 46 commercial helicopters in the first quarter of 2018, up from the 27 sold in the same period last year, but revenues from… Read more
Blade raises $38 million, partners with Airbusnews Alasdair Whyte 23 Mar 18 0It has been a busy week for Blade. The privately-owned online helicopter charter company has raised $38 million from its second round of financing and… Read more
XTI upping share-offering pricenews Alasdair Whyte 14 Mar 18 0XTI Aircraft is planning to increase the price at which it is offering new shares by 50%. The Vtol start-up is preparing to submit papers… Read more
Heli Expo 2018: Talking to Waypoint Leasing CEO Hooman Yazhariinsight Alasdair Whyte 12 Mar 18 0Waypoint Leasing, one of the largest helicopter lessors, recently saw a switch up in its management. The lessor’s founder and CEO Ed Washecka left the… Read more
Bristow closes $350 million offeringnews Alasdair Whyte 9 Mar 18 0Bristow has completed its private $350 million notes offering, offering the group greater financial certainty though higher costs. The issue had initially been set as… Read more
A Lessor’s Perspective: LCI’s Crispin Maunderinsight Alasdair Whyte 6 Mar 18 0Lease Corporation International (LCI) has found a niche in the helicopter leasing market, focusing purely on medium-category helicopters – especially the Leonardo AW139s and AW169s… Read more
