Gross to receive ELFA advocacy awardnews Fayaz Hussain 21 May 24 0Edward K. Gross will receive the 2024 David H. Fenig Distinguished Service in Advocacy Award. The honour goes to people who have made significant contributions… Read more
Milestone to lease two AW169s to Northern Rescuenews Mike Stones 15 May 24 0Milestone Aviation has agreed to lease two Leonardo AW169 aircraft to New Zealand air ambulance helicopter services provider Northern Rescue Helicopter Limited. Both helicopters will… 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
Airbus Helicopters & Babcock win support contract for 48 EC145snews Mike Stones 13 May 24 0Airbus Helicopters and Babcock have won a contract to support 48 EC145s operated by the French Ministry of Interior. Starting this year, the 12-year contract… 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
CHC wins contract with Equinor Brazilnews Mike Stones 10 May 24 0CHC Brasil, part of CHC Helicopter, has won a contract with Equinor Brazil to support production in the heavy oil Peregrino field in the Campos… 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
Bell unveils heli lab to develop autonomous fly-by-wirenews Mike Stones 7 May 24 0Bell Textron has unveiled its Aircraft Laboratory for Future Autonomy (ALFA) based on its Bell 429 helicopter. The aircraft is focused on developing an aircraft… 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
Safran signs support contract with air rescue provider DRF Luftrettungnews Mike Stones 3 May 24 0Safran Helicopter Engines has signed a support contract with emergency medical services provider DRF Luftrettung. The support-by-the-hour agreement covers engines powering DRF Luftrettung’s H145 helicopter… Read more
Vertical Aerospace appoints Stuart Simpson as CEOnews Yves Le Marquand 3 May 24 0Vertical Aerospace has appointed its chief financial officer Stuart Simpson to the role of CEO. Departing CEO and company founder Stephen Fitzpatrick is joining the UK-based… Read more
Airbus Helicopters’ Racer demonstrator makes maiden flightnews Mike Stones 1 May 24 0Airbus Helicopters’ demonstrator helicopter Racer has made its maiden flight at the manufacturer’s Marignane facility in southern France. The helicopter flew for about 30 minutes to… 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
GDHF seals deal for 20 H175s for worldwide leasenews Mike Stones 25 Apr 24 0Dublin-based new helicopter lessor GD Helicopter Finance (GDHF) is to market 20 H175s after its parent company GDAT signed a contract with Airbus Helicopters. The… Read more
Textron Bell revenue jumps 17% in first quarternews Fayaz Hussain 25 Apr 24 0Textron’s Bell kicked off 2024 with a solid performance reporting revenue of $727m, up 17% year-over-year compared to $621m in the same period last year.… Read more
ROBINSON HELICOPTER COMPANY ACQUIRES ASCENT AERO SYSTEMSnews Yves Le Marquand 25 Apr 24 0Ascent AeroSystems is now a wholly-owned subsidiary of Robinson Helicopter Company. Ascent AeroSystems is a specialist in compact coaxial helicopter drones designed for industrial, public… 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
