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
Lobo leases one AW139 to THGnews Alasdair Whyte 21 Feb 18 0Dublin-based lessor Lobo Leasing has leased one Leonardo AW139 to South African operator Titan Helicopter Group (THG). The helicopter is configured for off-shore operations and… Read more
Leonardo Helicopter reduces revolving credit by 200 million eurosnews Alasdair Whyte 16 Feb 18 0In response to its reduced liquidity needs, Leonardo Helicopters has signed a new revolving credit facility through a pool of 26 banks and bookrunners. The… Read more
LCI closes $55 million capital markets loannews Alasdair Whyte 13 Feb 18 0Lease Corporation International (LCI) has closed its first capital markets financing with a $55 million five-year loan. CIT Group and Prudential Capital Group led the… Read more
Waypoint closes Singapore office, reopens in Hong Kongnews Alasdair Whyte 6 Feb 18 0Helicopter lessor Waypoint is relocating its Asia Pacific office from Singapore to Hong Kong to better serve its clients. Waypoint’s Asia Pacific arm has moved… Read more
Washecka, McGinn leave Waypoint, Yazhari joins as CEOnews Alasdair Whyte 30 Jan 18 0Waypoint Leasing, one of the largest helicopter lessors, has changed its management team. Ed Washecka, the company’s founder and CEO, has left the company and… Read more
Airbus deliveries and orders fell in 2017news Alasdair Whyte 22 Jan 18 0Airbus Helicopters saw a drop in both deliveries and orders in 2017 compared to 2016. The French manufacturer delivered 409 helicopters in 2017, less than… Read more
Milestone leases eight AW139s to China EMS operatornews Alasdair Whyte 22 Jan 18 0Milestone Aviation has signed a deal with Chinese EMS operator Kingwing. The lessor has leased eight AgustaWestland AW139 helicopters to Shanghai Kingwing Aviation. The AW139s… Read more
Waypoint leases H145 to Brazilnews Alasdair Whyte 11 Jan 18 0Irish lessor Waypoint Leasing has leased one H145 to Brazilian transport operator CAF Táxi Aéreo. The helicopter will be used for private charter transport in Sao… Read more
Canadian Helicopters gets $8 million term loannews Alasdair Whyte 4 Jan 18 0HNZ Group subsidiary Canadian Helicopters has received an $8 million loan from investment firm Crown Capital Partners. The term loan closed on 29 December –… Read more
Leonardo purchases two outstanding offeringsnews Alasdair Whyte 21 Dec 17 0Leonardo is to purchased back two outstanding note offerings due 2039 and 2040. The OEM and its subsidiary Leonardo US Holdings will purchase its outstanding… Read more
LCI receives first H175, leases to CHCnews Alasdair Whyte 18 Dec 17 0Lease Corporation International (LCI) Helicopters has taken delivery of its first Airbus H175, which it will place on lease with CHC. The helicopter will operate… Read more
Lobo leases AW139 to CHCnews Alasdair Whyte 18 Dec 17 0Dublin-based lessor Lobo has secured a new lease agreement with CHC Helicopter for one offshore-configured Leonardo AW139. The helicopter will be based at CHC’s base… Read more