Following a year-long search for potential buyers, Ohio-based electric vehicle manufacturer Workhorse has sold its electric-VTOL arm SureFly to the design and manufacturing group Moog. The agreement was made for Workhorse to sell SureFly...
The reality of 2019 thus far is that not many people are buying helicopters, and not many helicopter companies are raising money to grow in a market that requires consolidation. A select few companies...
After serving company for close to 20 years, PHI Group’s President and CEO Lance Bospflug has stepped down from the board following the helicopter-services operator’s emergence from Chapter 11 bankruptcy protection. Petroleum Helicopters International...
This article originally appeared as part of our Helicopter Investor Weekly Newsletter. To read these stories first, subscribe to our newsletter here. It is easy to be deterred from investing when a market...
Whilst commercial aviation orders might have been the talk of the town at the Dubai Air Show this week, several helicopter orders were also announced at the show. Bell, Leonardo and Rostec announced orders...
Newcomer to the helicopter investor space Thora Capital has closed its initial helicopter funding round and revealed the details of its second transaction. So far, the company has raised approximately $50m though its initial...
In an internal promotion, GECAS has appointed current Milestone Helicopter Leasing CEO Greg Conlon as its president and CEO. GECAS (GE Capital Aviation Services) is Milestone’s parent company. Previous president and CEO Alec Burger...
Less than six months after filing for bankruptcy in May 2019, Bristow Group has successfully emerged from Chapter 11 Bankruptcy protection – having restructured its balance sheet to enable the company to continue operating....
The protracted volatility of the oil and gas market has caused financial troubles for many helicopter operators in Europe. But Belgian operator NHV has weathered the storm well. This week, it took steps to...
New Yorkers might live happily with the roar of traffic down Fifth Avenue, but it seems that some of them object to the noise of helicopters over the Big Apple. Now, some of the...
Last year, 2019, might not have been as eventful a year as 2018 for […]
It has not been such a bad few years for helicopter leasing after […]
Marignane, 17 January 2020 – Laurence Petiard has been appointed Head of External Communications […]
Matt Zuccaro has stepped down as CEO and president of the world’s largest helicopter […]
eVTOL manufacturer Joby Aviation has raised $590m in a Series C venture round led […]
Leonardo’s TH-119 has been selected as the US Navy’s new training helicopter – beating […]
This originally appeared as part of our Helicopter Investor Weekly newsletter series. Click here […]
Portland, Oregon – January 7, 2020 – Erickson Incorporated has announced new aircraft orders […]
Japanese car manufacturer Hyundai unveiled its urban air mobility plans this week and has […]
Pat Sheedy is the new CEO of Milestone Aviation Group, the largest helicopter operator […]