HI Uplift: Lobo Leasing’s first decadenews Alasdair Whyte 28 Oct 24 0Lobo Leasing has just celebrated the 10-year anniversary of closing its first helicopter acquisition. It has been a fascinating decade, both for Lobo and for… Read more
CHC Brazil wins new contracts with Petrobras and opens new hangarnews Terry Spruce 23 Sep 24 0CHC Brasil, part of CHC Helicopter, has started operations from a new hangar at Maricá Airport, after winning four new contracts with the state-owned energy… Read more
HI Uplift: Seeking a buyer for Babcock (and the CHC legacy)insight Mike Stones 1 Jul 22 0Babcock seeks a buyer. It’s a sale few expected and even fewer seem to want. Unless you are the UK Competition and Markets Authority (CMA).… Read more
UK protects weak O&G companies from mighty helicopter operatorsinsight Alasdair Whyte 4 Jun 22 0The UK’s Competition and Markets Authority (CMA) has told CHC that it cannot own Babcock’s UK offshore business that it acquired last year. You can… Read more
CHC forced to sell Babcock offshorenews 3 Jun 22 0The UK Competition and Markets Authority (CMA) has told CHC to sell the UK parts of the Babcock offshore business it acquired last year. The… Read more
CHC, Milestone start 12-year fire and emergency contract in Western Australianews Alasdair Whyte 27 May 22 0CHC Helicopter has won a new 12-year contract with Western Australia’s Department of Fire and Emergency Services (DFES). It will provide 24 hour emergency helicopter… Read more
Newsletter: ‘Dancing on the head of theoretical pins’insight Alasdair Whyte 23 Nov 21 0“This isn’t the time to be dancing on the head of theoretical pins, it’s a time to consolidate, to balance power between the oil majors… Read more
What the oil price crash means for helicopter operatorsnews Alasdair Whyte 24 Mar 20 0Plummeting oil prices are likely to mean fewer contract renewals, cancellations and even further consolidation for offshore helicopter operators, industry analysts have told Helicopter Investor.… Read more
Bristow announces $75 million tender offernews Alasdair Whyte 13 Aug 19 0Bristow Group has announced a cash tender offer to purchase $75 million of its secured notes maturing in 2023. The tender offer to purchase the… Read more
CHC secures new offshore contract with OMVnews Alasdair Whyte 13 Dec 18 0CHC Group has secured an offshore helicopter transport contract with oil and gas company OMV in the Norwegian sector of the North Sea. The group… Read more
Why 2018 is a year of change for helicopter leasinginsight Alasdair Whyte 24 Nov 18 0The year 2014 was clearly the top of the cycle, 2018 is now showing all the signs of being the turning point for offshore helicopters.… Read more
CHC extends North Sea offshore contractnews Alasdair Whyte 17 Apr 18 0CHC has extended an existing two-year offshore oil and gas contract with oil exploration and development company Aker BP. The operator will provide two AS332Ls… Read more
LCI expands CHC partnership with second H175news Terry Spruce 27 Feb 18 027th February, 2018 – Lease Corporation International (LCI), the aviation division of the Libra Group, has today announced that it is expanding its partnership with… Read more
CHC H175 completes inaugural flightnews Alasdair Whyte 12 Sep 17 0CHC has completed its first H175 super medium flight. The helicopter flew an offshore operation from CHC’s Aberdeen base to the Shell-owned Ocean Patriot offshore… Read more
CHC Helicopter launches new brand and websitenews Terry Spruce 8 Mar 17 0CHC has introduced a new corporate brand and global website. The new brand includes a refresh of the current corporate logo, company positioning statement and… Read more
CHC gets $450 million to exit C11 from Bain and Milestonenews Alasdair Whyte 11 Oct 16 0Bain Capital, Milestone Aviation Group and other bondholders have agreed a combined $450 million plan support agreement to help CHC leave Chapter 11. Existing creditors… Read more
EASA grounds all AS332L2 and EC225LP Super Pumasnews Terry Spruce 7 Jun 16 0On JUne 2 2016, EASA grounded all Airbus Helicopters AS332L2 and EC225LP Super Pumas. EASA earlier grounded all passenger operations but have now extended it… Read more
CHC May Cut Fleet By Two Thirdsinsight Alasdair Whyte 11 May 16 0It is less than a week since CHC filed for bankruptcy protection – so too early to see exactly how the company will look when… Read more
Moody’s downgrades CHC Group following Chapter 11 bankruptcy filingnews Alasdair Whyte 6 May 16 0Credit ratings agency Moody’s has downgraded CHC Group’s probability of default rating to D-PD (definitive probability of default) from a more favourable Ca-PD rating. The… Read more
Shell suspends flights through CHC in Norway following fatal helicopter crashnews Alasdair Whyte 4 May 16 0Oil giant Shell has suspended all helicopter flights through operator CHC as a result of the fatal aircraft crash that killed 13 passengers in Norway… Read more
