HeliValue$: World oil prices and helicopter demandnews Alasdair Whyte 20 Feb 15 0The following article was first published by Benjamin Moore, senior appraiser at HeliValue$, Inc., in a newsletter sent out on 17 February 2015. The reaction… Read more
PDG Helicopters management completes MBOnews Terry Spruce 17 Feb 15 0The management team at PDG Helicopters has completed a £20 million+ management buy-out (MBO) of the company. The MBO was backed by LDC, as PDG… Read more
LCI orders another 11 helicoptersnews Terry Spruce 13 Feb 15 0Leace Corporation International has ordered another 11 AgustaWestland helicopters valued at $125 million. The new aircraft are converted from options held by the helicopter lessor,… Read more
How low oil prices will hit helicopter valuesnews Alasdair Whyte 10 Feb 15 0With oil at almost $50 a barrel, the mood in the helicopter market has dampened. (And oil prices will no doubt be one of the… Read more
GECAS closes deal on Milestone Aviation Groupnews Terry Spruce 2 Feb 15 0GE Capital Aviation Services (GECAS) has completed and closed its acquisition of Milestone Aviation Group, a Dublin-based helicopter lessor, for $1.775 billion plus the assumption… Read more
Waypoint Leasing signs purchase leaseback with Lider Taxi Aereonews Terry Spruce 29 Dec 14 0Waypoint Leasing has closed its first leases with Brazil’s Lider Taxi Aereo. The initial transaction included the purchase and leaseback of two Sikorsky S-76 C++… Read more
Waypoint Leasing closes helicopter acquisition from First Reservenews Terry Spruce 29 Dec 14 0Waypoint Leasing (Ireland) Limited has announced that it has closed the acquisition of 31 helicopters from First Reserve. The portfolio includes 18 AgustaWestland AW139s, 11… Read more
Titan Helicopter Group gets first S-76D via Milestone Aviationnews Terry Spruce 29 Dec 14 0Sikorsky has delivered the first S-76D that will operate in Africa to the Titan Helicopter Group (THG). Milestone Aviation Group will lease the S-76D to… Read more
Bell appoints David Bond as regional sales manager in Northern Europenews Terry Spruce 12 Dec 14 0Bell Helicopter has appointed David Bond as the new regional sales manager for Northern Europe. Bond will be responsible for overseeing sales activity in the… Read more
Lobo Leasing closes a five-year $225 million term loan credit facilitynews Terry Spruce 12 Dec 14 0Lobo Leasing Limited has closed a five-year $225 million term loan credit facility. The facility, which has an accordion feature providing an option to increase… Read more
Bell Helicopter makes leadership changesnews Terry Spruce 3 Dec 14 0Bell Helicopter has made a number of leadership changes, naming Matt Hasik as executive vice president of commercial business and Barry Kohler as executive vice… Read more
Bell delivers 50th Bell 429 in Europenews Terry Spruce 27 Nov 14 0Bell Helicopter has delivered the 50th Bell 429 helicopter in Europe. The helicopter was delivered to an operator in the UK, with the company using… Read more
CHC Group announces cancellation of rights offeringnews Terry Spruce 27 Nov 14 0The CHC Group Ltd, the parent of CHC Helicopter, has cancelled a rights offering of preferred shares in the company that had been made to… Read more
Bell Helicopter announces six 407GX sales in Chinanews Terry Spruce 13 Nov 14 0Bell Helicopter has sold a total of six Bell 407GX helicopters to four customers at the Airshow China being held in Zhuhai. Chris Jaran, Bell… Read more
Milestone finances Bristow’s UK search and rescue helicoptersnews Terry Spruce 12 Nov 14 0Milestone has closed seven of 12 helicopter leases to Bristow Helicopters, part of Bristow Group. The helicopters will be used for civilian search and rescue… Read more
Bell brings 505 and 525 mock-ups to China Airshownews Terry Spruce 12 Nov 14 0Bell Helicopter is showcasing the Bell 505 Jet Ranger X and Bell 525 Relentless at Airshow China in Zhuhai from 11-16 November 2014. The company… Read more
Milestone Aviation Group’s shareholders more than doubled their investmentnews Alasdair Whyte 6 Nov 14 0JZ Capital Partners, a London listed private equity fund, has said that it is expecting to make $40 million from the $15.1 million that it… Read more
Waypoint Leasing acquires 31 helicopters from First Reservenews Terry Spruce 4 Nov 14 0Waypoint Leasing will surpass $1 billion of assets as the company acquires 31 helicopters from First Reserve, the largest global private equity and infrastructure investment… Read more
Bell Helicopters focuses on Europenews Terry Spruce 27 Oct 14 0Bell Helicopters provided a company update in a video from Helitech 2014. Patrick Moulay, vice president of European sales, drew attention to the company’s presence… Read more
JSSI expands Tip-to-Tail helicopter programmenews Terry Spruce 27 Oct 14 0Jet Support Services, Inc. (JSSI) has expanded its Tip-to-Tail programme on five additional helicopter models. The company made the announcement during the NBAA convention in… Read more