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
CHC May Cut Fleet By Two Thirdsinsight Alasdair Whyte 11 May 16 0It is less than a week since CHC filed for bankruptcy protection – so too early to see exactly how the company will look when… Read more
Matthew Harvey joins Gowling WLG from Dentonsnews Alasdair Whyte 10 May 16 0Leading helicopter lawyer Matthew Harvey has joined Gowling WLG as a partner. He joins from Dentons where he became a partner in 2000. Harvey specialises… Read more
CHC Group files for Chapter 11 bankruptcy protectionnews Alasdair Whyte 5 May 16 0Offshore helicopter operator CHC Group has filed for Chapter 11 bankruptcy protection to allow it time to restructure its financial assets. The company said it… Read more
CHC sets hard deadlineinsight Alasdair Whyte 21 Apr 16 0CHC Group, one of the world’s two largest helicopter operators, this week announced that it had decided not to make an interest payment on its… Read more
Helicopter leasing company debt transactionsnews Alasdair Whyte 20 Apr 16 0Borrower: Waypoint Leasing Date: 19 April 2016 Size: $100 million Structure: Secured loan Term: Six years Notes: Can be drawn in dollars, euros and sterling.… Read more
Aerochine Aviation purchases Bell 407GXPnews Alasdair Whyte 19 Apr 16 0Bell has announced the sale of a Bell 407GXP to Aerochine Aviation at the ABACE convention in Shanghai. The aircraft will be outfitted for corporate… Read more
Another $100M for Waypoint takes total financing to more than $1.85 Billionnews Alasdair Whyte 19 Apr 16 0Waypoint Leasing has closed on a $100 million term loan facility led by Lombard North Central Plc, providing for dollar, euro and sterling funding capacity… Read more
Waypoint Leasing closes $100 million term loannews Terry Spruce 19 Apr 16 0Waypoint Leasing has closed a $100 million term loan facility led by Lombard North Central Plc. The facility has a maturity of approximately six years… Read more
