AerCap signs 21 helicopter lease agreements in Q2 2024news Mike Stones 8 Jul 24 0Aviation leasing specialist AerCap has revealed it signed 21 helicopter lease agreements in the second quarter (Q2) of 2024. The owner of Milestone Aviation agreed… Read more
Safran signs support by-the-hour contract for German forces’ H145 enginesnews Mike Stones 8 Jul 24 0Safran Helicopter Engines has signed a big support-by-the-hour contract with Airbus Helicopters for the engines powering the German Bundeswehr’s new fleet of Airbus H145M helicopters.… Read more
Helisul’s $36m acquisition of Ecocopter is ‘springboard for growth’news Mike Stones 8 Jul 24 0Helisul acquisition of Ecocopter makes it Latin America’s largest rotary wing business, according to Humberto Biesuz, executive director of Helisul. Read more
HI Uplift: Sikorsky committed to civil helicopters for ‘many decades’news Mike Stones 5 Jul 24 0Sikorsky, a Lockheed Martin company pledged its long-term commitment to the civil rotary market at our recent Helicopter Investor London 2024 conference. Read more
Car maker Stellantis invests $55M in Archernews Fayaz Hussain 4 Jul 24 0Car manufacturer Stellantis has invested $55m in eVTOL developer Archer, following the company’s successful transition flight last month. “Few things rival the excitement of seeing a… Read more
Bristow secures €100m loan for Irish SAR helicoptersnews Fayaz Hussain 13 Jun 24 0Bristow Group announced that its UK subsidiary Bristow Leasing has secured a €100m ($108m) term loan to fund its next generation of search and rescue… Read more
HI Uplift: Milestone upbeat but warns against speculative ordersnews Mike Stones 31 May 24 0Milestone Aviation is upbeat about the prospects for the commercial helicopter industry but warns against over optimism and speculative orders. “The market, across all missions,… Read more
PHI agrees deal for 12 AW189s for offshore energynews Mike Stones 28 May 24 0PHI Group has agreed a deal with Leonardo Helicopters for the delivery of 12 AW189 aircraft for the global offshore energy market. The agreement includes… Read more
Milestone agrees deal for three Leonardo AW139s with Lufttransportnews Mike Stones 23 May 24 0Milestone Aviation has revealed signed purchase assignment and leaseback agreements for three new Leonardo AW139 helicopters with Norwegian helicopter operator Lufttransport. To be delivered next… Read more
Helicopter leasing fleet to reach 15% by 2030: IBAnews Mike Stones 23 May 24 0The leased helicopter fleet is predicted to reach 15% by 2030, after topping 10% in 2023, according to market intelligence and advisory firm IBA. More… Read more
Piasecki Aircraft Corporation awarded contract for H2 fuel cell rotorcraftnews Yves Le Marquand 14 May 24 0Piasecki Aircraft Corporation has been awarded a Small Business Innovation Research (SBIR) contract by the US Department of Energy (DoE). The contract will see Piasecki carry… Read more
HI Uplift: Bristow hails rising revenue from offshore & govt contractsnews Mike Stones 10 May 24 0Chris Bradshaw seemed in buoyant mood when he led Bristow Group’s First Quarter 2024 investors’ Call on Wednesday. It was not difficult to understand why.… Read more
Bristow Group swings to profit in Q1news Fayaz Hussain 10 May 24 0Bristow Group reported a profit in the first quarter of 2024 at $6.6m, reversing a loss of $7.9m in the fourth quarter of 2023. This… Read more
Blade Air posts 13.8% revenue growth in Q1 2024news Fayaz Hussain 8 May 24 0Blade Air Mobility has announced topline growth of 13.8% to $51.5m in first quarter (Q1) results, following significant growth in the sales revenue from its… Read more
HI Uplift: Welcome to the ‘Replacement Decade’ in offshore helisnews Mike Stones 5 May 24 0The next decade in the offshore helicopter industry will see a focus on replacing the ageing fleet currently in operation, according to the latest forecast… Read more
HI Uplift: New lessor launch backed by 70-unit order booknews Mike Stones 26 Apr 24 0Michael York is a man on a mission. Three days into his role as CEO of newly launched helicopter leasing and finance company GD Helicopter… Read more
Airbus Helicopters’ revenue falls 9% on lower deliveriesnews Fayaz Hussain 25 Apr 24 0Airbus Helicopters revenue fell by 9% year-over-year to €1.5bn compared with €1.6bn in the same period last year owing to lower deliveries of 50 units… Read more
Sébastien Moulin now CCO at Milestonenews Alasdair Whyte 17 Apr 24 0Sébastien Moulin has been named chief commercial officer at Milestone Aviation. He was head of Europe and Americas for the helicopter leasing company. Moulin… Read more
HI Uplift: NHV says ‘Upcycle offers opportunity for profit (and growth)’news Mike Stones 13 Apr 24 0A vital opportunity to generate profit and to plan growth. That’s how Thomas Hütsch, CEO, NHV Group sums up the opportunity offered by the current… Read more
Japan Coast Guard grows fleet with three H225snews Mike Stones 12 Apr 24 0The Japan Coast Guard (JCG) has ordered an extra three Super Puma H225 helicopters, to swell its total H225 fleet to 18 aircraft. The helicopters… Read more
