Credit freeze hits helicopter marketinsight Alasdair Whyte 9 Sep 18 0Many people might find it hard to feel sympathy for bankers. Especially after 2008. But as the credit crunch shows, no industry can survive without… Read more
Lobo leases AW139 to CHCnews Alasdair Whyte 18 Dec 17 0Dublin-based lessor Lobo has secured a new lease agreement with CHC Helicopter for one offshore-configured Leonardo AW139. The helicopter will be based at CHC’s base… Read more
CHC signs Norwegian sea drilling contractnews Alasdair Whyte 11 Dec 17 0CHC has signed a contract with British utilities firm Centrica to provide helicopter services for its upcoming drilling programme in the Norwegian Sea. The operator… Read more
Sikorsky celebrates one year Stavanger FSL openingnews Alasdair Whyte 19 Sep 17 0Sikorsky is celebrating the first year of operations at its Stavanger Forward Stocking Location (FSL). Stavanger is home to one of the largest Sikorsky S-92… Read more
CHC gets its first H175news Alasdair Whyte 2 Aug 17 0Dallas-based operator CHC Helicopter be taking delivery of its first Airbus H175 and will place the aircraft on offshore oil and gas operations. The H175… Read more
Erickson files for Chapter 11, Lombard lends to Bristowinsight Rianne West 17 Nov 16 0One step forward, one step back. Just as CHC prepares to exit from Chapter 11 early next year, Erickson has entered. Like CHC, Erickson’s filing… Read more
LCI concludes sale-leaseback of H225 helicopternews Terry Spruce 7 Dec 15 0LCI Helicopters has concluded the sale-and-leaseback of a second Airbus H225 helicopter delivery to CHC Helicopter. The financing of the Airbus H225 is the second… Read more
Irish Coast Guard helicopter in Sligo completes record number of missions in 2015news Terry Spruce 1 Dec 15 0The Irish Coast Guard (IRCG) helicopter will have completed more than 300 search and rescue (SAR) missions by the end of this calendar year. The… Read more
CHC Group announces cancellation of rights offeringnews Terry Spruce 27 Nov 14 0The CHC Group Ltd, the parent of CHC Helicopter, has cancelled a rights offering of preferred shares in the company that had been made to… Read more
CHC Group grows revenue by 11% in last quarternews Alasdair Whyte 9 Sep 14 0CHC Group, one of the world’s biggest helicopter operators, increased its revenues in the first quarter of fiscal year 2015 by 11 per cent, when… Read more
Market analysis: Bristow vs CHC vs Erainsight Alasdair Whyte 22 Aug 14 0You can broadly speaking split the helicopter operators that serve the oil and gas industry into local and international operators. Although joint ventures between local… Read more
What will happen to helicopter finance in 2014insight Alasdair Whyte 9 Jan 14 0After CHC, we could see more helicopter companies return to the stock market. The next 12 months will be fascinating ones for helicopter finance. CHC’s… Read more
First Reserve plans $529m IPO for CHC Helicopternews Terry Spruce 7 Jan 14 0CHC Group plans to raise $529 million in an initial public offering. CHC Group Ltd., the world’s largest commercial operator of medium and heavy helicopters,… Read more
Waypoint Leasing announces leasing deal with CHC Helicopternews Terry Spruce 18 Dec 13 0Waypoint Leasing (Ireland) Limited announces a helicopter leasing deal with CHC Helicopter valued at over $200 million. Waypoint and CHC Helicopter have agreed a leasing… Read more
Mark Kelly leaves CHC for Lease Corporation Internationalnews Terry Spruce 19 Sep 13 0Lease Corporation International hires Mark Kelly from CHC to help place helicopters from its $400 million AgustaWestland order. Mark Kelly is leaving his role as… Read more
CHC Helicopter increases revenue and earnings for eighth quarter runningnews Terry Spruce 20 Mar 13 0CHC Helicopter, one of the world’s largest helicopter operators, completed its eighth consecutive quarter of revenue and earnings growth in the third quarter of its… Read more
Watson, Farley & Williams advises CHC Helicopter on operating lease facilitynews Terry Spruce 18 Jan 13 0Watson, Farley & Williams, a leading international law firm, has advised CHC Helicopter on an operating lease facility of up to $202m with Milestone Aviation,… Read more
Data: Helicopter debt transactions in 2012news Terry Spruce 9 Jan 13 0Bond issues and export credit for helicopter operators dominated 2012 with Milestone Aviation Group also tapping the loan market three times. Read more
CHC Helicopter receives investment cashnews Terry Spruce 9 Nov 11 0First Reserve Corp has delivered $80 million to fund expansion in CHC Helicopter, balance to follow over next few months Read more
CHC Helicopter orders 20 more EC225 helicoptersnews Terry Spruce 30 Sep 11 0Company also takes out an option on an extra four EC225s and will increase their fleet to nearly 50 EC225s by 2016 Read more
