ERA Group sees mixed 2016news Alasdair Whyte 30 Mar 17 0US helicopter operator ERA Group saw an mixed 2016, with challenging conditions in oil and gas The operator saw an operating cash flow of $12 million in… Read more
Waypoint lease H145 to Achernews Alasdair Whyte 10 Mar 17 0Waypoint has signed an agreement to lease one H145 to South African operator Acher Aviation. The helicopter will support offshore oil and gas operations. It… Read more
WFW advises Société Générale Group on refinancing 10 helicoptersnews Alasdair Whyte 10 Mar 17 0Watson Farley & Williams (WFW) has advised Société Générale Group on the refinancing of nine H135 helicopters and one Bell 429. The helicopters are owned… Read more
Waypoint Leasing enters Chinese marketnews Terry Spruce 10 Mar 17 0Waypoint Leasing has leased an Airbus H135 to Skyway General Aviation Company. The helicopter will be used for emergency medical services. “Since establishing our Singapore… Read more
Waypoint and Eagle introduce AW139 reconfiguration programnews Terry Spruce 8 Mar 17 0Waypoint Leasing and Eagle have introduced a new reconfiguration program for existing AW139 helicopters. The new Waypoint Medium Utility Helicopter (MUH) ruduces the empty weight… Read more
Milestone places €200 million order with Airbus Helicoptersnews Alasdair Whyte 8 Mar 17 0Milestone has placed a €200 million firm order with Airbus Helicopters for H145, H135 and H175’s. The aircraft will be deployed into EMS and other… Read more
Milestone helicopter fleet surpasses $4 billionnews Alasdair Whyte 7 Mar 17 0Milestone reported a number of successes in 2016, including the value of its helicopter fleet surpassing $4 billion and writing $1 billion in leases and… Read more
Waypoint sign deal for 16 new Airbus helicopters.news Alasdair Whyte 7 Mar 17 0Waypoint has committed to acquire 16 Airbus helicopters for more than €100 million. The commitment covers the purchase of new 16 aircraft, adding more H135s… Read more
Milestone Aviation Group leases two AW139s to Norsk Luftambulansnews Terry Spruce 6 Mar 17 0Milestone Aviation Group will please two AW139 helicopters to Norsk Luftambulanse (NLA). The aircraft will be used to support emergency medical services (HEMS) in Norway.… Read more
Clark McGinn – “it’s the Cycle, stupid!”insight Alasdair Whyte 3 Mar 17 0While the mood of our industry may not be truly optimistic, it’s certainly nowhere near as pessimistic as in the last two years. However, two… Read more
Waypoint to deliver two H135s to Mackay Helicoptersnews Alasdair Whyte 3 Mar 17 0Waypoint Leasing will deliver two H135s from its order book on lease to Australian operator Mackay Helicopters. The helicopter will operate out of Mackay’s North… Read more
Air Methods reports 9.2% increase in fourth quarter revenuenews Alasdair Whyte 3 Mar 17 0Air methods generated $297.5 million in the fourth quarter of 2016, up 9.2% from $272.4 million in the fourth quarter of 2015. Adjusted EBITDA saw… Read more
Waypoint delivers one H145 to Andes Airnews Alasdair Whyte 22 Feb 17 0Waypoint Leasing has delivered one H145 to Peruvian helicopter operator Andes Air. It is the first H145 to operate in Latin America. The helicopter will… Read more
New consortium invests in Russian Helicoptersnews Alasdair Whyte 22 Feb 17 0A newly-formed consortium of leading Middle Eastern funds has finalised a deal to acquire minority stake in Russian Helicopters. Russian Direct Investment Fund (RDIF) formed the… Read more
Voce calls for urgent change in Air Methods boardnews Alasdair Whyte 13 Feb 17 0Voce Capital Management has sent an open letter to Air Methods, calling for “urgent change” to help reverse underperformance and unlock stockholder value. Voce is… Read more
Bristow subsidary enters $200 million agreement with Macquarie Banknews Alasdair Whyte 7 Feb 17 0A subsidiary of Bristow Group has entered a $200 million loan agreement with Macquarie Bank. The financing will be secured by 20 oil and gas… Read more
Bristow Group sees net loss of $21.9 million for Q3news Alasdair Whyte 7 Feb 17 0Bristow Group reported a GAAP net loss of $21.9 million for the quarter ending 31 December 2016. This is down from $3.2 million in December… Read more
Waypoint sees signs of recovery in demand for helicoptersnews Terry Spruce 6 Feb 17 0Waypoint Leasing has published its ‘January 2017 Oil Report,’ which reflects positive fundamental shifts in the market. Ian Gurekian, chief risk officer of Waypoint said:… Read more
Milestone agrees to $230m secured term loan to Bristownews Alasdair Whyte 3 Feb 17 0Milestone will be providing a $230m secured term loan facility to a Bristow subsidy as part of a new agreement. The commitment letter will see… Read more
Waypoint agrees H225 lease with Global Helicopter Servicenews Alasdair Whyte 10 Jan 17 0Waypoint Leasing has placed an Airbus Helicopter H225 on lease with Global Helicopter Service GmbH. The German operator will utilise the aircraft on utility and… Read more