CHC Group receives $500m investmentnews Alasdair Whyte 9 Sep 14 0Clayton, Dubilier & Rice, a private equity firm, is investing $500 million in CHC Group, one of the world’s largest commercial helicopter operators. The investor… Read more
CHC Group grows revenue by 11% in last quarternews Alasdair Whyte 9 Sep 14 0CHC Group, one of the world’s biggest helicopter operators, increased its revenues in the first quarter of fiscal year 2015 by 11 per cent, when… Read more
Waypoint increases capital base by $300mnews Terry Spruce 4 Sep 14 0Waypoint Leasing, a leading helicopter leasing company, has raised a further $300 million in term loans to refinance existing assets previously funded under its revolving… Read more
Galicia renews INAER contractnews Terry Spruce 15 Aug 14 0The local Spanish government of Galicia has renewed its emergency service contract with INAER Spain. INAER Spain has been awarded another four year contract to… Read more
Bristow sees growth in first quarter of fiscal year 2015news Alasdair Whyte 6 Aug 14 0Bristow Group, the owner of Bristow Helicopters, reported operating revenues of $437.3 million in the first quarter of fiscal year 2015, up 21.6 per cent… Read more
Waypoint Leasing surpassed $500 million in assetsnews Terry Spruce 5 Aug 14 0Waypoint Leasing, a helicopter leasing company, marked its first full year of operations and in July, provided a business update to the global helicopter market.… Read more
Bell Helicopter announces Bell 429 sales in Polandnews Terry Spruce 1 Aug 14 0Bell Helicopter has announced the sale of two Bell 429 helicopters to private Polish customers. Both helicopters will be configured as corporate aircraft; these will… Read more
LCI places AW139 helicopter with Indwe Aviationnews Terry Spruce 7 Jul 14 0Lease Corporation International (LCI) places an AgustaWestland AW139 helicopter with South African based Indwe Aviation. Lease Corporation International has announced a new partnership with Indwe… Read more
Henan Yongxiang GA orders two Bell 407GXsnews Terry Spruce 3 Jul 14 0Bell Helicopter has signed a purchase agreement with Henan Yongxiang General Aviation Limited for two Bell 407GXs. The helicopters will be used in flight training,… Read more
Bell Helicopter opens Italian officenews Terry Spruce 1 Jul 14 0Bell Helicopter has opened a new Italian office and appoints Roberto Farnese as regional sales manager. Bell Helicopter has announced the opening of a new… Read more
Waypoint Leasing increases revolving credit facility to $468mnews Terry Spruce 30 Jun 14 0Waypoint Leasing expands the borrowing capacity under its revolving credit facility. Waypoint Leasing, a helicopter leasing company, has increased the committed borrowing capacity under its… Read more
Bell Helicopter delivers three aircraft to Chinese customersnews Terry Spruce 26 Jun 14 0Bell Helicopter delivers three Bell 407GXs to two Chinese customers. Bell Helicopter, a Textron company, has delivered three Bell 407GX aircraft to two Chinese customers… Read more
Bell Helicopter offering finance deals on new Bell 407s for qualified US customersnews Terry Spruce 18 Jun 14 0Bell Helicopter is for a limited period offering financing to qualifying US customers who purchase a new Bell 407 helicopter. Bell Helicopter is offering financing… Read more
Vector Aerospace announces continued support for Bond Australianews Terry Spruce 13 Jun 14 0Vector Financial Services, the leasing division of Vector Aerospace Corporation, announces the extension of leasing and support agreements. Vector Financial Services based in Dublin, Ireland… Read more
European demo tour for Bell 429 HEMSnews Terry Spruce 10 Jun 14 0Bell Helicopter begins a European demo tour for the EMS-equipped Bell 429. Bell will tour a HEMS-equipped Bell 429 across Europe. The aircraft arrived earlier… Read more
Bell 505 Jet Ranger X mock-up at EBACEnews Terry Spruce 28 May 14 0Debut European show for the new Bell 505 Jet Ranger X mock-up. Bell Helicopter displayed the new Bell 505 Jet Ranger X full size mock-up… Read more
Waypoint Leasing’s $72.5m term loannews Alasdair Whyte 22 May 14 0Waypoint Leasing, an Irish-based helicopter lessor, closed a five-year $72.5 million term loan last week. The deal is the company’s first term loan since it… Read more
Waypoint closes first term loan facilitynews Terry Spruce 14 May 14 0Waypoint Leasing closes its first term loan facility, the facility was led by Goldman Sachs. Waypoint Leasing has closed on a five year $72.5 million… Read more
Aerochine Aviation orders Bell 505 Jet Ranger Xnews Terry Spruce 22 Apr 14 0Aerochine Aviation orders five Bell 505 Jet Ranger X helicopters at ABACE 2014. Bell Helicopter has sold five Bell 505 Jet Ranger X helicopters to… Read more
Business jets vs. Helicopters: Which is safer?insight Alasdair Whyte 12 Mar 14 0Chris Mann, owner of The London Helicopter, pits business jets against helicopters to see which comes out on top in the safety stakes. “Safety first”… Read more