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Finance

Air Zermatt takes delivery of one Bell 429

news
Alasdair Whyte
23 May 18
0

Swiss 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…

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Waypoint leases one H135T3 to ALT

news
Alasdair Whyte
26 Apr 18
0

Waypoint Leasing has leased one H135T3 to German aviation service provider ALT to be used for pilot training. This is the seventh H135 Waypoint has…

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Bell – selling more, getting less

news
Alasdair Whyte
19 Apr 18
0

Bell delivered 46 commercial helicopters in the first quarter of 2018, up from the 27 sold in the same period last year, but revenues from…

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Blade raises $38 million, partners with Airbus

news
Alasdair Whyte
23 Mar 18
0

It 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…

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XTI upping share-offering price

news
Alasdair Whyte
14 Mar 18
0

XTI 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…

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Heli Expo 2018: Talking to Waypoint Leasing CEO Hooman Yazhari

insight
Alasdair Whyte
12 Mar 18
0

Waypoint 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…

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Bristow Caribbean

Bristow closes $350 million offering

news
Alasdair Whyte
9 Mar 18
0

Bristow has completed its private $350 million notes offering, offering the group greater financial certainty though higher costs. The issue had initially been set as…

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A Lessor’s Perspective: LCI’s Crispin Maunder

insight
Alasdair Whyte
6 Mar 18
0

Lease Corporation International (LCI) has found a niche in the helicopter leasing market, focusing purely on medium-category helicopters – especially the Leonardo AW139s and AW169s…

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Lobo leases one AW139 to THG

news
Alasdair Whyte
21 Feb 18
0

Dublin-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…

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Leonardo Helicopter reduces revolving credit by 200 million euros

news
Alasdair Whyte
16 Feb 18
0

In response to its reduced liquidity needs, Leonardo Helicopters has signed a new revolving credit facility through a pool of 26 banks and bookrunners. The…

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LCI closes $55 million capital markets loan

news
Alasdair Whyte
13 Feb 18
0

Lease 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…

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Waypoint closes Singapore office, reopens in Hong Kong

news
Alasdair Whyte
6 Feb 18
0

Helicopter 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…

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Washecka, McGinn leave Waypoint, Yazhari joins as CEO

news
Alasdair Whyte
30 Jan 18
0

Waypoint 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…

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Airbus deliveries and orders fell in 2017

news
Alasdair Whyte
22 Jan 18
0

Airbus Helicopters saw a drop in both deliveries and orders in 2017 compared to 2016. The French manufacturer delivered 409 helicopters in 2017, less than…

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Milestone leases eight AW139s to China EMS operator

news
Alasdair Whyte
22 Jan 18
0

Milestone Aviation has signed a deal with Chinese EMS operator Kingwing. The lessor has leased eight AgustaWestland AW139 helicopters to Shanghai Kingwing Aviation. The AW139s…

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Waypoint leases H145 to Brazil

news
Alasdair Whyte
11 Jan 18
0

Irish 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…

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Canadian Helicopters gets $8 million term loan

news
Alasdair Whyte
4 Jan 18
0

HNZ Group subsidiary Canadian Helicopters has received an $8 million loan from investment firm Crown Capital Partners. The term loan closed on 29 December –…

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Leonardo purchases two outstanding offerings

news
Alasdair Whyte
21 Dec 17
0

Leonardo is to purchased back two outstanding note offerings due 2039 and 2040. The OEM and its subsidiary Leonardo US Holdings will purchase its outstanding…

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LCI receives first H175, leases to CHC

news
Alasdair Whyte
18 Dec 17
0

Lease Corporation International (LCI) Helicopters has taken delivery of its first Airbus H175, which it will place on lease with CHC. The helicopter will operate…

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Lobo leases AW139 to CHC

news
Alasdair Whyte
18 Dec 17
0

Dublin-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…

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