Milestone signs three-helicopter deal with PHInews Mike Stones 25 Oct 22 0Milestone Aviation has signed three helicopter lease agreements with PHI Aviation. The deals include the placement and extension of two Sikorsky S92 helicopters and one Leonardo… Read more
ITC-AeroLeasing completes Eurocopter EC225LP lease transactionnews Mike Stones 26 Sep 22 0ITC-AeroLeasing has completed a Eurocopter EC225LP lease transaction to an undisclosed US-based operator. The utility-configured heavy lift helicopter will be operated for government missions worldwide.… Read more
Pre-owned twin-engine helicopter sales fall 17%: Aero Assetinsight Mike Stones 6 Sep 22 0Pre-owned twin-engine helicopter retail sales fell by 17% in the first six months of this year compared with the first half of 2021, according to… Read more
CHC Group completes $500m recapitalisation plannews Mike Stones 22 Aug 22 0Helicopter services provider CHC Group has completed its $500m recapitalisation plan, designed to cut funded debt obligations by up to $500m. “A substantial portion” of… Read more
Heliconia Group takes AW139 from Milestonenews Louisa Whyte 3 Aug 22 0Milestone Aviation Group has delivered a AW139 helicopter to Heliconia Group. The aircraft will be based in Senegal and used for offshore operations. Pat Sheedy,… Read more
Sloane takes second Children’s Air Ambulance AW169 from Milestonenews Alasdair Whyte 3 Aug 22 0Milestone Aviation Group has delivered a second new AW169 helicopter Sloane Helicopters. Sloane is operating the aircraft for The Children’s Air Ambulance UK. The first was delivered… Read more
Enstrom signs Aero Facility as first sales rep in Japannews Mike Stones 18 Jul 22 0Enstrom Helicopter Corporation has appointed Aero Facility Co as its first sales representative in Japan. Aero Facility was a long time representative of the previous… Read more
HI Uplift: Town Hall predicts ‘landing you can walk away from’insight Mike Stones 15 Jul 22 0Helicopter Investor’s latest Town Hall online meeting predicted a mild-to-moderate US economic recession and “a landing that you can walk away from” plus a 10%… Read more
Bell signs seven 505 purchase agreements with European customersnews Mike Stones 5 Jul 22 0Bell Textron has signed purchase agreements for seven Bell 505 helicopters with European customers. Two of the purchase agreements were signed by JB Investments, Poland’s… 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
Starspeed wins UK Penzance Helicopters contractnews Mike Stones 1 Jul 22 0Starspeed, Luxaviation Group’s corporate VIP helicopter company, has won the contract to operate Penzance Helicopters’ service to the Isles of Scilly, off the UK’s south… Read more
LCI, RIVE and Turning Rock buy 19 helicopters from Lobo Leasingnews Alasdair Whyte 30 Jun 22 0LCI, RIVE Private Investment and Turning Rock Partners are buying 19 helicopters worth $115m from Lobo Leasing. “This portfolio acquisition is another major step in… Read more
HI Uplift: LEVL Leasing launched as ‘capital demand expected to climb’insight Mike Stones 27 Jun 22 0LEVL Leasing has been launched by Lobo Leasing and EMP Structured Assets to supply lease and capital solutions for helicopter and vertical lift operators, as… Read more
Bristow positioned for growth, as CEO ‘applies Aesop’s lessons’: analystsinsight Mike Stones 13 Jun 22 0Global helicopter operator Bristow is positioned for growth next year, according to Chris Bradshaw, group president and CEO. Industry specialists consulted by Helicopter Investor (HI)… 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 Louisa Whyte 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
HI Uplift: Enstrom to ‘hit high notes of heli production’ with Surack Enterprisesinsight Mike Stones 30 May 22 0Building any business is tough. But constructing a $1.5bn world-leading music business, starting from the back of your Volkswagen bus, reveals extraordinary grit, determination and… 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
Surack Enterprises aims to strike the right note with Enstrom acquisitionnews Mike Stones 16 May 22 0The Enstrom Helicopter Corporation has been acquired by music entrepreneur Chuck Surack, founder of the online music retailer Surack Enterprises, for an undisclosed sum. Surack… Read more
LCI orders 50 Alia eVTOLs from Betanews Alasdair Whyte 27 Apr 22 0LCI has ordered 50 Alia 250s from eVTOL manufacturer Beta Technologies with an option for up to 125. The leasing company has paid a deposit.… Read more
