Helicopter Investor newsletter: ‘The industry absolutely needs consolidation’insight Alasdair Whyte 16 Sep 21 0“The industry absolutely needs consolidation,” Clark McGinn, principal, Uplifting Advice told Helicopter Investor in response to the news of CHC Group’s acquisition of Babcock’s oil and… Read more
CHC acquires Babcock’s $10m oil and gas businessnews Alasdair Whyte 1 Sep 21 0CHC Group has completed its acquisition of Babcock International’s $10m oil and gas business. Through the deal, CHC will increase its crew transportation capacity and… Read more
Bristow and Era Helicopters complete their mergernews Mike Stones 12 Jun 20 0Bristow Group and Era Helicopters have completed the merger, announced on January 24th 2020, to form “a financially stronger company with enhanced size and diversification”.… Read more
Airbus to pay ERA $42 million in H225 settlementnews Alasdair Whyte 6 Jul 18 0Airbus has agreed to pay helicopter operator Era Group $42 million as compensation over the grounding of the H225. A significant amount of the aircraft… 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
David Zaworski named Director of Safety and Compliance at Eranews Alasdair Whyte 2 Sep 16 0David Zaworski has been appointed Director of Safety and Compliance at Era Helicopters. Zaworski rejoins Era to oversee the company’s commitment to maintain the highest… Read more
Era Helicopters to help develop EMS role for AW609news Alasdair Whyte 9 Mar 16 0Finmeccanica Helicopter Division and Era Group Inc will jointly develop an Emergency Medical Service variant of the AgustaWestland AW609 TiltRotor. Era is a major customer… Read more
Era raises margin despite tough marketinsight Alasdair Whyte 11 Aug 15 0“To paraphrase Mark Twain, reports on the death of the Gulf of Mexico offshore market have been greatly exaggerated. At least as it relates to… Read more
Waypoint Leasing expands management teamnews Alasdair Whyte 24 Sep 13 0Six managers have joined the Irish helicopter lessor as it looks to grow its business. Waypoint Leasing has appointed three new executives as it develops… Read more