Pre-owned single engine helicopter sales fall 12% last yearnews Mike Stones 23 Jan 23 0Sales of pre-owned single engine helicopters fell by 12% last year, while inventory remained low, according to Aero Asset’s latest Heli Market Trends Report. Last… Read more
EVTOL market: ‘Biggest growth for air taxis, ambulance and cargo’news Mike Stones 23 Jan 23 0Air taxis, air ambulance and cargo will be the three biggest growth areas of the eVTOL market over the next five years, according to a… Read more
Kaman to end production of K-Max heavy helicopternews Mike Stones 23 Jan 23 0Connecticut-based helicopter manufacturer Kaman is to end production of its K-Max heavy lift helicopter, after concluding the aircraft does not “deliver the most compelling growth… Read more
Enstrom partners with Czech DSA Dealer and Service Centernews Mike Stones 20 Jan 23 0Enstrom Helicopter has agreed a partnership with DSA in the Czech Republic to offer aircraft sales, flight training, and maintenance for all models of Enstrom… Read more
RedBird Capital builds a 5% plus stake in Bladenews Yves Le Marquand 18 Jan 23 0New York-based private equity firm RedBird Capital has accumulated a more than 5% stake in Blade Air Mobility, according to founder and managing partner, Gerry… Read more
Ultimate Aviation to acquire Offshore Helicopter Services UKnews Mike Stones 18 Jan 23 0Passenger and air cargo specialist Ultimate Aviation Group has finalised a deal to purchase Offshore Helicopter Services UK (OHS UK) from CHC Helicopter Group (CHC).… Read more
Hogan Lovells advises London’s Air Ambulance Charity – for freenews Alasdair Whyte 13 Jan 23 0Law firm Hogan Lovells is advising London’s Air Ambulance’s Charity for free. As well as offering general legal advice it has also led contract negotiations… Read more
NatWest agrees £145m helicopter loans for Bristownews Alasdair Whyte 13 Jan 23 0NatWest has agreed two loans re-financing helicopters for Bristow’s UK search and rescue contract. The two 13-year loans are secured by 10 SAR helicopters and… Read more
CHC Brazil lands five new contracts with oil giant Petrobrasnews Mike Stones 13 Jan 23 0CHC Brasil has won five new contracts with Brazilian oil giant Petrobras said to be worth millions of dollars. The exclusive contracts focus on the… Read more
Lobo Leasing and Air Taurus sign LOI to lease five unmanned Pipistrelsnews Yves Le Marquand 11 Jan 23 0Lobo Leasing and Air Taurus have signed a letter of intent (LoI) to lease five Pipistrel Nuuva V300 unmanned hybrid VTOL aircraft. The two firms will… Read more
Swiss Helicopter offers carbon neutral flightsnews Mike Stones 9 Jan 23 0The Swiss Helicopter company, based in Altstadt, Switzerland, has made all its passenger flights exclusively climate-neutral from the beginning of this year. The company –… Read more
Bristow partners with Nova to upgrade Dutch Caribbean Coast Guard’s AW139snews Mike Stones 5 Jan 23 0Bristow is partnering with engineering company Nova Systems to deliver next generation mission system and aircraft modification solutions on AW139 helicopters used by the Dutch… Read more
Luxaviation and Thien Minh partner in Vietnamnews Mike Stones 9 Dec 22 0Helicopter and fixed wing operator Luxaviation Group has agreed a partnership with Thien Minh Group (TMG) and its subsidiary Hai Au Aviation (HAA), the largest… Read more
Sanctions create ‘opportunity for Western heavy helicopters’news Mike Stones 8 Dec 22 0Sanctions against Russian helicopter manufacturers are blocking the availability of new aircraft and parts, creating short- to medium-term opportunities for western suppliers, according to IBA’s… Read more
Rega Swiss air rescue service orders 12 five-bladed H145snews Mike Stones 5 Dec 22 0Rega, the Swiss air rescue service has ordered an additional 12 five-bladed H145 helicopters to operate from its mountain bases. By 2026, the company plans… Read more
Milestone delivers two Sikorsky S-92 helicopters to CITICnews Mike Stones 1 Dec 22 0Two Sikorsky S-92 helicopters have been delivered by Milestone Aviation Group on lease to CITIC Offshore Helicopter Company (COHC). The S-92s will join one S-92… Read more
Arena Television: Fresh Air Financingnews Yves Le Marquand 29 Nov 22 0Arena Television was one of the biggest UK outdoor broadcasting firms, before its directors fled pursued for a suspected multi-million, asset-backed lending fraud. Words: Yves… Read more
Luxaviation fills senior roles in Germanynews Mike Stones 28 Nov 22 0Helicopter and fixed wing operator Luxaviation has appointed Joachim Krüger and Paul van der Blom to senior roles within the German side of the business,… Read more
CHC Helicopter invests in Virtual Reality kit for SAR trainingnews Mike Stones 23 Nov 22 0CHC Helicopter is investing in Virtual Reality (VR) to train search and rescue (SAR) technical crew. It recently completed a trial with Priority 1 Air… Read more
LCI appoints Terri Foley as chief operating officernews Mike Stones 22 Nov 22 0 LCI Aviation has promoted Terri Foley to the role of chief operating officer (COO) with immediate effect. Based in Dublin, Foley will be responsible… Read more