Bell signs agreement with Uralhelicomnews Terry Spruce 16 Oct 14 0Bell Helicopter has a signed agreement with Uralhelicom at Helitech 2014 for two Bell 407GXs to be used for utility and medical evacuation missions in… Read more
Helitech 2014: Gecas buys Milestone Aviationinsight Alasdair Whyte 14 Oct 14 0The big story at Helitech, this year taking place in a damp Amsterdam, is GE Capital Aviation Services (Gecas) buying Milestone Aviation Group for $1.775… Read more
Waypoint signs helicopter leasing deal with Avincisnews Terry Spruce 14 Oct 14 0Waypoint Leasing (Ireland) Limited has signed an agreement with Avincis, a Babcock International Group company, to lease two AgustaWestland AW139 helicopters. The helicopters will operate… Read more
GECAS to acquire Milestone Aviation Groupnews Terry Spruce 14 Oct 14 0GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, has signed an agreement to acquire Milestone Aviation Group, a Dublin-based helicopter lessor, for… Read more
LCI closes $325 million secured asset backed facilitynews Terry Spruce 2 Oct 14 0Lease Corporation International (LCI), the aviation leasing division of the Libra Group, has successfully closed a five-year, $325 million asset-backed credit facility for its helicopter-leasing… Read more
David Burke joins Singlepoint’s rotorcraft teamnews Terry Spruce 17 Sep 14 0David Burke, former senior managing director of HeliKo Aviation, has been named senior vice president of rotorcraft for SinglePoint Aircraft Finance (SinglePoint), an AGC Aerospace… Read more
Bill Tame appointed as CEO at Avincisnews Terry Spruce 12 Sep 14 0Bill Tame, chief executive of Babcock’s international division, will take over as chief executive of Avincis with immediate effect. Tame takes over from James Drummond,… Read more
Bell extends funding offer for Bell 407news Terry Spruce 10 Sep 14 0Bell Helicopter has extended the special Bell 407 financing rates for qualifying US customers who take delivery and finance by 31 December 2014. ALSO READ:… Read more
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
