Bristow announces senior redundancies during “challenging times”news Alasdair Whyte 18 Apr 16 0Bristow Group today announced the departure of Jeremy Akel, senior vice-president and chief operating officer, Mike Imlach, vice-president of global operations and Mike Sim, vice-president… Read more
Milestone delivers Omni H225 to Bond Offshore Helicoptersnews Alasdair Whyte 7 Apr 16 0Leasing company Milestone has delivered a new Airbus H225 to Bond Offshore Helicopters, who will put it to work on the North Sea. The helicopter… Read more
Indian government tourism website to sell Pawan Hans flight ticketsnews Alasdair Whyte 29 Mar 16 0The Indian Railway Catering and Tourism Corporation (IRCTC) and air operator Pawan Hans have partnered to allow flight passengers to book tickets through the IRCTC website. The two organisations… Read more
Helis In Dubai, Voce Wins Director Fight CHC Restructuringinsight Alasdair Whyte 24 Mar 16 0Alud Davies reports from Helicopter Investor Dubai 2016. At the start of Helicopter Investor Dubai 2016 we asked all attendees: “How optimistic are you about… Read more
Public helicopter finance transactionsnews Alasdair Whyte 23 Mar 16 0Borrower: Waypoint Leasing Date: October 2015 Structure: Unsecured revolving credit facility increase Lenders: Deutsche Bank and Goldman Sachs & Co (existing lead arrangers SunTrust Robinson… Read more
Helicopter Leasing 2015: Debt for lessors reviewnews Alasdair Whyte 23 Mar 16 0 Helicopter leasing companies successfully raised more than $650 million in 2015. Although this was down on 2014 and 2013, this mainly reflected GE’s acquisition of… Read more
Air Methods adds Voce Capital Management director to boardnews Alasdair Whyte 23 Mar 16 0Air Methods, the largest air medical operator in the US has added Joseph Whitters as a director representing activist investor Voce Capital Management. The investor,… Read more
JSSI launches parts-only program for AW139 and Bell 429news Terry Spruce 7 Mar 16 0JSSI has launched its parts-only program for the Finmeccanica (formerly AgustaWestland) AW139 and the Bell 429 helicopters. “Last year we introduced the parts-only program for… Read more
Heli-Expo – Meridian Helicopters sign 206L3 leasenews Alasdair Whyte 2 Mar 16 0Meridian Helicopters has leased a Bell 206L3 from Chopper Charter. The aircraft is on a three year lease with a two year extension option. The… Read more
Heli-Expo – Bristow completes AW139 S&LB with Waypointnews Alasdair Whyte 2 Mar 16 0Bristow has completed a sale-and-leaseback with Waypoint leasing. The deal covers three AgustaWestland AW139 helicopters. All three helicopters will operate offshore on long-term contracts in… Read more
Erickson wins Indian transmission tower lifting contractnews Alasdair Whyte 17 Feb 16 0Erickson has won a S64 helicopter contract with Indian power company Sterlite Grid. The operator will help install some 160 power transmission towers in the Pir… Read more
Waypoint opens new offices in Australia and Africa/Middle Eastnews Alasdair Whyte 16 Feb 16 0Waypoint Leasing will open new offices in Australia and South Africa. The company will open an office in Brisbane in April 2016, which will be… Read more
Mark Kelly joins Lobo Leasing as new EVP and managing directornews Terry Spruce 14 Jan 16 0Mark Kelly has joined Lobo Leasing as executive vice president and managing director. He will be based in Lobo’s global headquarters in Dublin and will… Read more
Waypoint Leasing signs sale and leaseback with Omni Helicoptersnews Terry Spruce 29 Dec 15 0Waypoint Leasing has signed a multi-aircraft purchase and leaseback agreement with Omni Helicopters International, a strategic partnership between Stirling Square Capital Partners and Omni Group.… Read more
LCI concludes sale-leaseback of H225 helicopternews Terry Spruce 7 Dec 15 0LCI Helicopters has concluded the sale-and-leaseback of a second Airbus H225 helicopter delivery to CHC Helicopter. The financing of the Airbus H225 is the second… Read more
First Bell 407GXP sold in Germanynews Terry Spruce 23 Nov 15 0Bell Helicopter hosted a signing ceremony celebrating the sale of the first Bell 407GXP to Germany. The aircraft will be outfitted for corporate and VIP… Read more
Bell signs two purchase agreements for corporate helicoptersnews Terry Spruce 18 Nov 15 0ell Helicopters has signed two purchase agreements for a Bell 429 and Bell 407GX in corporate configuration. The Bell 429 will be operated by the… Read more
Avinco financing enables Mont Blanc Helicopters to buy firefighting AS350 B3 aircraftnews Terry Spruce 12 Nov 15 0Mont Blanc Helicopters (MBH) recently closed the purchase of a firefighting Airbus Helicopters AS 350B3 with the assistance of Avinco. Recently, MBH secured a firefighting… Read more
Waypoint expands unsecured revolving Credit Facilitynews Terry Spruce 22 Oct 15 0Waypoint Leasing has expanded and extended its unsecured revolving credit facility through the addition of Deutsche Bank AG and Goldman Sachs Bank USA as lenders… Read more
LCI signs agreement with CMIFLnews Terry Spruce 14 Oct 15 0LCI has signed a cooperation agreement with CM International Financial Leasing Corp., Ltd (CMIFL). CMIFL, which launched leasing activities in June 2015, and has placed… Read more
