Airbus Helicopters first-half revenue stays flatnews Fayaz Hussain 31 Jul 24 0Airbus Helicopters reported a challenging first half (H1) of 2024, with revenue remaining stagnant at €3.2bn despite a significant drop in helicopter deliveries. Compared with… Read more
PHI MRO signs lease agreement with New York Helicopternews Mike Stones 26 Jul 24 0PHI MRO Services has signed a new lease agreement for one Bell 407 with tour and charter company New York Helicopter. As part of the… Read more
GDHF leases AW189K to Omni for O&G missions in Brazilnews Mike Stones 23 Jul 24 0New rotary leasing and finance company GD Helicopter Finance (GDHF) has delivered a leased AW189K super-medium aircraft to Omni Helicopters International for offshore oil and… Read more
HI Uplift: Heli help for a planet ‘literally on fire’. (Shame about rates) news Mike Stones 22 Jul 24 0Demand for firefighting helicopters has never been greater. Both the number and intensity of wildfires worldwide is fuelling the need for more aerial support –… Read more
Textron Bell second-quarter revenue rises 13%news Fayaz Hussain 18 Jul 24 0Textron Bell second-quarter revenue grew by 13% year-over-year to $794m compared with $701m in the same period last year. “In the [second] quarter, our team… Read more
Signia Aerospace to acquire Goodrick Hoist & Winchnews Mike Stones 11 Jul 24 0Signia Aerospace is acquiring helicopter rescue equipment specialist Goodrick Hoist & Winch. Read more
Aero Asset research reveals rising HI sales of pre-owned single-engine helisnews Mike Stones 8 Jul 24 0Aero Asset’s latest research reveals rising global sales of pre-owned single-engine helicopters. Read more
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
