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
HI Uplift: Blueberry Aviation builds on last year’s $88m asset acquisitionnews Mike Stones 5 Apr 24 0After closing last year with a record $88m of purchased assets, Blueberry Aviation sold 12 helicopters in the first quarter of 2024 – its 21st… Read more
HI Uplift: ‘Tailwinds and storm clouds’ shape Brazilian offshore marketnews Mike Stones 2 Apr 24 0“Tailwinds, headwinds and storm clouds” are shaping the Brazilian offshore market, according to our conference in São Paulo, Brazil earlier this month. The panel started… Read more
Heli hires: RIVE appoints new head of Sustainabilitynews Mike Stones 28 Mar 24 0Paris-based European investment company RIVE Private Investment has appointed Pauline Gasquet as its new head of Sustainability to boost its ESG (environment and social governance)… Read more
STELLANTIS BUYS ADDITIONAL 8.3M SHARES IN ARCHERnews Fayaz Hussain 21 Mar 24 0Car maker Stellantis has revealed it has purchased an additional 8.3m shares of Archer Aviation via open market. “Archer has established itself as a market… Read more
HI Uplift: Why ‘eVTOL nirvana is a million miles away’news Mike Stones 14 Mar 24 0Barbie and Ken. Salt and pepper. Some partnerships seem beyond question. But how about heliports and eVTOLs? Or the integration of helicopter and other fixed-wing… Read more
MEDICAL BUSINESS SHINES AS BLADE REPORTS Q4 2023 RESULTSnews Yves Le Marquand 13 Mar 24 0Blade’s organ transport service continues to expand as revenue increased 47.9% to $32m in the fourth quarter (Q4) of 2023. Driven partly by the addition… Read more
HI Uplift: Pre-owned heavy twin-engine helis ‘see uptick in 2023’news Mike Stones 11 Mar 24 0Pre-owned, heavy twin-engine helicopters showed “an uptick” in transactions last year compared with 2022, according to rotary sales and market intelligence firm Aero Asset. “There… Read more
HAI reports: Milestone agrees S-92 lease deal with Lidernews Mike Stones 27 Feb 24 0Helicopter lessor Milestone Aviation has signed a lease agreement with Brazilian offshore operator Líder Aviação for a Sikorsky S-92 aircraft. Configured for offshore passenger transport,… Read more
Safran and PhilJets sign Arrano engine support dealnews Mike Stones 26 Feb 24 0Safran Helicopter Engines and PhilJets Aero Services Inc (PhilJets) have signed a new support-by-the-hour (SBH) contract for the Arrano engine. The two companies are partnering… Read more
