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
Milestone Aviation Group leases AW139 helicopter to LifeFlightnews Terry Spruce 27 Oct 16 0Milestone Aviation Group has leased a new EMS equipped Leonardo AW139 helicopter to LifeFlight (formerly known as CareFlight) in Queensland, Australia. “We are delighted to… Read more
Busiest year for LCInews Terry Spruce 17 Oct 16 0Lease Corporation International (LCI) is experiencing its busiest year to date, with its fleet, customer base and operations rapidly expanding. The helicopter lessor now has… Read more
Elitaliana recieve first AW169 from LCInews Alasdair Whyte 11 Oct 16 0Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has delivered the first Leonardo AW169 helicopter to Elitaliana SpA. It will be… Read more
Waypoint Leasing acquires a pre-owned AW139 EMSnews Terry Spruce 2 Sep 16 0Waypoint Leasing has acquired a pre-owned AW139 in EMS configuration on the open market and placed it on long-term lease to Ornge in support of… Read more
“Unsatisfactory” financial results for Erickson in Second Quarternews Alasdair Whyte 15 Aug 16 0Erickson have released their second quarter financial results for 2016 with revenue down $16.2 million compared to the second quarter of 2015 at $50.8 million.… Read more
Waypoint Leasing places new AW189 on lease to Southern Vietnam Helicopter Companynews Terry Spruce 25 Jul 16 0Waypoint Leasing has closed a lease agreement with Southern Vietnam Helicopter Company, a wholly owned subsidiary of Vietnam Helicopter Corporation (“VHC”), for one AW189 helicopter,… Read more
Waypoint places two Sikorsky S-92 helicoptersnews Terry Spruce 27 Jun 16 0Waypoint Leasing has placed two new Sikorsky S-92s on lease with a global helicopter operator. “Despite a period of weak demand for oil and gas… Read more
Sharon Desfor elected ASA international vice presidentnews Terry Spruce 27 Jun 16 0After a successful year as the American Society of Appraiser’s (ASA) International Secretary/Treasurer, Sharon Desfor (President of HeliValue$), now takes on the position of international… Read more
Universal Avionics upgrades Sultan’s S-76Bnews Terry Spruce 27 Jun 16 0Universal Avionics is providing advanced avionics for two Sikorsky S-76B helicopters operated by His Majesty the Sultan of Johor’s Royal Flight. The upgrade provides three… Read more
Erickson hires Imperial Capitalnews Terry Spruce 10 Jun 16 0Erickson Incorporated has hired Imperial Capital, a full-service investment bank, to explore strategic alternatives for the company. In addition to Imperial’s capital markets expertise, it… Read more
Avinco launches US subsidiary Avinco Americas Corpnews Terry Spruce 7 Jun 16 0Avinco has launched Avinco Americas Corporation (AAC), with an office in Manhattan, New York. The US office has been set up to support the expansion… Read more
Waypoint closes further $37 million in revolving creditnews Alasdair Whyte 12 May 16 0Waypoint Leasing has closed a further $37 million revolving credit facility with KeyBank’s Speciality Finance Lending unit. The company’s total revolving facility with KeyBank has… Read more
