Saudi Arabia’s The Helicopter Company (THC) and dealer Rotortrade have announced a strategic partnership. THC is owned by Saudi Arabia’s Public Investment Fund (PIF), “An alliance between Rotortrade, one of the aviation sectors most...
Engineered aircraft components specialist TransDigm Group is to acquire Dart Aerospace for about $360m in cash. The purchase follows Dart’s acquisition earlier this month of Paravion Technology and Century Helicopters. Based in Montreal, Quebec,...
Helicopter sales and acquisitions specialist Aero Asset has launched Aero Asset Acquisitions to facilitate “seamless global helicopter transactions”, financed by the Indiana-based 1st Source Bank. This new business unit buys turbine helicopters, single and...
Notching up more than 100,000 activities in any pursuit is an impressive achievement. In some cases, it is vital for life. For example, this fist-sized human hearts beats on average 100,000 times per day....
Woodside, Australia’s largest natural gas producer, has awarded PHI International a three Sikorsky S92 contract. The contract starts in 2023 and will run for between two and three years. PHI will fly workers from...
Omni Helicopters International has agreed sale and leasebacks on 11 helicopters with Milestone Aviation. The leases cover a mixture of new Leonardo AW139s and existing Sikorsky S92s. “Omni was Milestone’s very first customer and...
Brazil boasts not only the biggest population in South America, at 212.6m, but also one of the world’s best opportunities to commercialise eVTOLs and urban air mobility (UAM), according to Paul Malicki, CEO and...
Milestone Aviation Group has delivered the last AW139 in its 21-helicopter leasing deal with Saudi Arabia’s Aramco Overseas. Aramco signed the lease deal in 2018 for 21 new AW139s and five new Airbus H145...
Fewer than 40 words from Bristow Group helped draw a close to the company’s 50-plus years of operations in Australia. In a statement to Helicopter Investor (HI) the group says: “Given the market dynamics within the...
Airbus Helicopters has hailed a bounce back in orders and deliveries in 2021, while warning that it could take up to three years for the industry to recover to pre-Covid levels. The OEM also...