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News

News from Helicopter Investor

Westar to bring Leonardo’s AW609 tiltrotor to Malaysia and signs five-heli deal

news
Mike Stones
30 May 23
0

Westar Aviation is to bring Leonardo’s AW609 tiltrotor to Malaysia, marking the aircraft’s entry into the South-East Asia market. Offshore helicopter services company has also…

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Airbus agrees sale of 43 helicopters to Italy’s Air Corporate

news
Mike Stones
26 May 23
0

Airbus has revealed its largest commercial helicopter transaction in Italy, with the sale of 43 helicopters to rotary services firm Air Corporate at the EBACE…

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Schweizer appoints representatives in Ecuador and Peru

news
Mike Stones
19 May 23
0

Light utility helicopter manufacturer Schweizer has appointed two South American representatives in Ecuador and Peru. David Horton, president and CEO, Schweizer said: “As demand for…

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Blade posts Q1 revenue up 70% and net loss down

news
Mike Stones
18 May 23
0

Blade Air Mobility has posted revenue up by 70% to reach $45.271m in unaudited results for the first quarter of 2023. Total operating expenses climbed…

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US government forms team to set AAM strategy

news
Mike Stones
18 May 23
0

Developing a new US strategy for advanced air mobility (AAM) and engaging the public are the aims of a US interagency team formed by the Biden…

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Milestone sells Sikorsky S-92 helicopter to Brunei Shell Petroleum

news
Mike Stones
17 May 23
0

Aircraft lessor Milestone Aviation Group has sold a Sikorsky S-92 helicopter to the Brunei Shell Petroleum Company. Configured for passenger transport, the helicopter is intended…

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Babcock agrees $288m contract with Queensland government

news
Mike Stones
16 May 23
0

Babcock International has been chosen to provide emergency helicopter services by the Queensland government, Australia. The deal will see two Leonardo AW139 helicopters deployed on…

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Bell delivers seven Bell 407GXi helicopters to Australia in past 12 months

news
Mike Stones
14 May 23
0

Bell Textron Inc. has delivered seven Bell 407GXi helicopters to Australian clients operating in various segments during the past 12 months. Five Bell 407 GXis…

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LCI and US public pension group launch JV to build $300m-plus portfolio

news
Mike Stones
26 Apr 23
0

Operating lessor LCI has revealed a joint venture with a US public pension (UPP) group, with plans to build an aviation and helicopter portfolio valued…

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Civilian helicopters to transport patients during Guernsey airport closures

news
Mike Stones
25 Apr 23
0

Civil helicopters will be used for medevac flights during the closure of Guernsey and Alderney airports for essential maintenance, according to the States of Guernsey…

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ITP Aero wins P&WC appointment for PW200 engines

news
Mike Stones
20 Apr 23
0

Aeronautical engine and components company ITP Aero has won a Pratt & Whitney Canada (P&WC) appointment as a Designated Overhaul Facility (DOF) for the maintenance,…

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PHI Aviation appoints new director of Sustainability

news
Mike Stones
19 Apr 23
0

PHI Aviation has appointed Jennifer Veilleux as its new director of Sustainability to create and deploy sustainability practices designed to help the company deliver its…

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Former F1 technical director launches cargo eVTOL programme

news
Mike Stones
19 Apr 23
0

MGI Engineering, founded by Mike Gascoyne, who set up the Lotus Formula One (F1) team, has launched its cargo UAV technology demonstrator programme. Announced at…

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London’s Air Ambulance Charity appoints Anna Bennett as director of Finance

news
Mike Stones
18 Apr 23
0

London’s Air Ambulance Charity has appointed Anna Bennett as the charity’s new director of Finance, IT and Facilities, effective from April 17th 2023. A chartered…

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Global helicopter market to reach $11.5bn by 2032

news
Mike Stones
12 Apr 23
0

The global commerical helicopter market is expected to reach a value of $11.5bn by the end of 2032, predicts a new report from Future Market…

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Milestone signs lease deal with OHS for five Sikorsky S-92s

news
Mike Stones
12 Apr 23
0

Milestone Aviation Group has signed lease agreements with Offshore Helicopter Services UK (OHS) for five Sikorsky S-92 helicopters. The deal includes the extension of three…

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Bell Helicopter appoints Lisa Atherton as new president and CEO

news
Mike Stones
12 Apr 23
0

Textron has appointed Lisa Atherton as the new CEO of Bell Helicopter. Effective from April 28th, 2023, Atherton will take over from Mitch Synder, who…

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Skyports, Loganair and Royal Mail launch Orkney Island drone project

news
Mike Stones
12 Apr 23
0

Skyports Drone Services has launched a fully electric drone logistics project established in partnership with the UK Royal Mail, Orkney Islands Council Harbour Authority and…

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Airbus signs 50-helicopter deal with China’s GDAT

news
Mike Stones
11 Apr 23
0

Airbus Helicopters has agreed to sell 50 H160 medium utility twin-engine helicopters to Chinese helicopter lessor and operator GDAT. The deal is the largest single…

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CHC Helicopter wins additional Shell contract in North Sea

news
Mike Stones
5 Apr 23
0

CHC Helicopter has revealed a new five-year deal with Shell to support its operations in the North Sea. The multi-million-pound contract includes the use of…

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Latest news
Sikorsky

HI Uplift: Sikorsky shows something old and something new

1 May 2026
Bell Textron

Bell Textron Q1 revenues up, commercial deliveries fall

1 May 2026
Airbus

Airbus appoints Eric Kirstetter as exec vp Strategy

30 April 2026
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