Milestone agrees five-helicopter lease deal with Aramconews Mike Stones 6 Mar 23 0Milestone has agreed a five-helicopter lease deal with Saudi Arabian oil giant Aramco. The agreement focuses on the placement of three Leonardo AW139 helicopters and… Read more
Milestone sells a Sikorsky S-92 to new customer in Chinanews Mike Stones 3 Mar 23 0Milestone Aviation Group has sold a Sikorsky S-92 helicopter to a new customer, China Southern Airlines General Aviation (CSAGA). Destined for offshore oil and gas… Read more
LCI to deliver two new Leonardo AW139 helicopters to Babcock Australasianews Mike Stones 3 Mar 23 0Operating lessor LCI is to deliver two new Leonardo AW139 helicopters on long-term lease to Babcock Australasia in Australia in early next year. Valued at… Read more
LCI promotes Alan O’Rourke to the role of CFOnews Mike Stones 1 Mar 23 0LCI has promoted Alan O’Rourke to the role of chief financial officer (CFO). O’Rourke will be responsible for the company’s financial strategy, treasury management, and… Read more
Bell probes ‘multiple alternative propulsion architectures’news Mike Stones 27 Feb 23 0Bell is exploring “multiple propulsion architectures”, Eric Sinusas, director of Commercial Development Programs tells Helicopter Investor. Speaking after a Bell 505 completed the first flight… Read more
Columbia Helicopters delivers Columbia Model 107-II to South Koreanews Mike Stones 27 Feb 23 0Heavy-lift helicopter specialist Columbia Helicopters has sold and delivered a Columbia Model 107-II to Daejin Air of South Korea. The helicopter will be used mainly… Read more
Swiss Air-Rescue Rega reports record missionsnews Mike Stones 27 Feb 23 0Zurich Airport-based Swiss Air-Rescue Rega has reported a record number of missions last year, with helicopter flights up by 13.4% or nearly 2,000 more than… Read more
Gama Aviation wins £65m air ambulance contractnews Mike Stones 24 Feb 23 0Gama Aviation has revealed the award of a seven-year, £65m contract from Wales Air Ambulance Charity (WAAC) to provide Helicopter Emergency Medical Services (HEMS). Starting… Read more
NHV Group promotes Nele Ghesquiere to the role of CFOnews Mike Stones 24 Feb 23 0NHV Group has promoted Nele Ghesquiere to the role of chief financial officer (CFO), after her service as vice president of Finance. This promotion follows… Read more
Bell 505 claims first single engine helicopter flight using 100% SAFnews Mike Stones 22 Feb 23 0Bell Textron is claiming a global first for a single engine helicopter flight powered solely by Sustainable Aviation Fuel (SAF), after a Bell 505 completed… Read more
New United Aerial Firefighters Association launchednews Mike Stones 21 Feb 23 0United Aerial Firefighters Association (UAFA) is a new group of leading US aerial firefighting operators designed to represent the industry, promote safety and standardisation in… Read more
Safran and France’s DGA fly NH90 on 100% SAFnews Mike Stones 17 Feb 23 0Direction Générale de l’Armement (DGA), the French defence procurement agency and Safran have successfully flown a military helicopter with 100% Sustainable Aviation Fuel (SAF). The… Read more
Milestone boosts SAR partnership with Bristownews Mike Stones 16 Feb 23 0strong> Milestone Aviation Group is boosting its search and rescue (SAR) partnership with helicopter operator Bristow after agreeing the lease of two Leonardo AW189 helicopters… Read more
Airbus Helicopters’ 2022 earnings rise €104m to €639mnews Mike Stones 16 Feb 23 0Airbus Helicopters’ EBIT climbed to €639m ($683.37m) in Airbus full-year results posted today. The €104m rise on the €535m reported in 2021 reflects higher services… Read more
AerCap ferries 13t of humanitarian aid to Turkey after earthquakenews Mike Stones 14 Feb 23 0Helicopter lessor Milestone Aviation’s parent company AerCap Holdings has transported about 13 tons of humanitarian aid to Turkey following the recent earthquake. Flown from Rotterdam… Read more
LCI raises $500m in helicopter and fixed wing financing in 2022news Mike Stones 13 Feb 23 0Operating lessor LCI has revealed it raised $500m in helicopter and other aviation financing during 2022. The total includes $200m in the last two months… Read more
The Air Ambulance Service joins Air Ambulances UKnews Mike Stones 2 Feb 23 0The Air Ambulance Service (TAAS) has become the latest charity to join Air Ambulances UK (AAUK), the national organisation representing air ambulance charities. Launched 20… Read more
Airbus to recruit an extra 13,000 staff this yearnews Mike Stones 2 Feb 23 0Airbus, the parent company of Airbus Helicopters and Airbus Corporate Helicopters, has revealed plans to recruit an extra 13,000 staff this year, after recruiting the… Read more
Leonardo and Safran partner for AW09 enginenews Mike Stones 31 Jan 23 0Leonardo Helicopters has picked French engine manufacturer Safran to supply the power unit for its next generation Kopter AW09 single-engine helicopter. The next generation of… Read more
Airbus Helicopters claims 52% of civil market as ‘recovery consolidates’news Mike Stones 25 Jan 23 0Airbus Helicopters is claiming 52% of the civil and parapublic market, having logged 374 gross orders (362 net), with 216 light single engine helicopters sold last… Read more