Helicopter Investor London 2018 Live


“I think the death of the S-92 is fake news,” says Dan Rosenthal of Milestone

Rosenthal says that there are 18 companies in the room that have had an AOG situation that has lasted for more than a year.

“We are in a new reality of helicopter asset management,” say Rosenthal.

“We are a niche industry, but we are trying to change that.” says Rosenthal.

Dan Rosenthal of Milestone Aviation starts off his session by asking delegates to sing happy birthday to Sebastian Moulin, VP commercial at Milestone

“Irrational competitor behaviour” says Maunder when asked the same question

“Do we still see the debt market still there to support the next delivery,” says Olivier Piot when asked what keeps him awake at night.

“Going forward we need to think about risk factors more, and build them into our pricing” says Pat Sheedy, Milestone Aviation Group.

“It is all about orders” says Olivier Piot, CEO of Nova Capital

“We already have five of our orders placed, so 2018 should be a fairly flat year.” says Maunder.

Crispin Maunder says that he’d probably give seven out of ten for the helicopter industry, but 11 of out ten for the LCI team.

“We can sit here and say lease rates are lower, but rates are down across all sectors,” says Cook

“Close to a seven,” says Stephen Cook of Macquarie when asked to rate 2017 on a scale between one and ten.

Crispin Maunder of LCI Helicopters says that the EMS market remained strong through the downturn, and continues to remain strong now.

“We want to look at transitioning from having data, to taking action” says Haskins.

“We recently drafted the mou for people that put their data into our systems” says Haskins.

Answering a question from the floor, Haskins says that the technology to see and avoid drones is crucial to safety. Adding that it is possible to release drones into the wild safely.

Data, says Haskins, is the key to ensuring safety.

Gretchen Haskins, of HeliOffShore, brings up a slide showing the flight routes into London’s airports on a daily basis, saying that, despite the 6,000 daily flights, there has yet to be a mid-air collision.

Alain Gauthier of EDC said: “Helicopters are a small, niche market for Export Development Canada”

David Fiore of America’s EXIM Bank said: “EXIM Bank currently has $37 billion in aviation loans on its books, mainly financing commercial airlines’ purchases of buying Boeing aircraft. But a part of this $37 billion is investment in helicopters, especially when their manufacture supports US jobs.”

EXIM Bank has provided financing to a number of helicopter sectors. It can also help finance where the commercial finance market lenders might have reservations, especially if the deal supports US-based jobs.

Tom Low of AirFinance said: “AirFinance works closely with Export Credit Agencies (ECA) to structure deals in various countries around the world and these deals included helicopters.”

Florence Roussel-Pollet of SocGen said “The ECAs are there to help financiers with the deals they make.”