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
Lobo Leasing orders 15 Pipistrel hybrid cargo VTOLsnews Alasdair Whyte 6 Apr 22 0Lobo Leasing has signed a letter of intent with deposits for the acquisition of 15 Nuuva V300 autonomous cargo hybrid VTOL aircraft from Pipistrel. Pipistrel’s… Read more
Investec financing three helicopters for LCInews Alasdair Whyte 6 Apr 22 0Investec is providing finance for two AW189 and one AW139 for Lease Corporation International. “These transactions mark a continuation of Investec’s expansion into strategic helicopter… Read more
LCI and Sumitomo Mitsui Finance acquire five next gen helicoptersnews Mike Stones 5 Apr 22 0Aviation leasing company LCI and Sumitomo Mitsui Finance and Leasing Company (SMFL) have acquired a further five next generation helicopters. This brings their joint venture… Read more
Pre-owned heli sales soar, but what about the Ukraine effect?insight Mike Stones 28 Mar 22 0 Sales of pre-owned single- and multi-engine turbine helicopters soared last year, according to the latest report from industry analyst AMSTAT. But it’s too early… Read more
MidTex Aviation plans to relaunch Enstromnews Alasdair Whyte 15 Mar 22 0MidTex Aviation has agreed to buy the assets of The Enstrom Helicopter Corporation and plans to reopen its factory. The purchase has been approved by… Read more
LCI takes 100th engine from Pratt & Whitney Canadanews Alasdair Whyte 15 Mar 22 0LCI has taken delivery of its 100th helicopter engine from Pratt & Whitney Canada. “Today’s announcement reflects LCI’s commitment to maintaining a young, modern and diverse… Read more
Milestone delivers H145 to Ecocopter Ecuadornews Alasdair Whyte 15 Mar 22 0Milestone has delivered an Airbus H145 helicopter to Ecocopter Ecuador. Ecocopter now has three H145s but this is the first H145 to be based in… Read more
TransDigm Group acquires Dart Aerospace after Paravion dealnews Mike Stones 15 Mar 22 0Engineered 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… Read more
Aero Asset Acquisitions launched for ‘seamless global helicopter trade’news Mike Stones 1 Mar 22 0Helicopter 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.… Read more
Omni Helicopters signs 11 helicopter sale and leaseback with Milestonenews Alasdair Whyte 23 Feb 22 0Omni Helicopters International has agreed sale and leasebacks on 11 helicopters with Milestone Aviation. The leases cover a mixture of new Leonardo AW139s and existing… Read more
Milestone delivers final AW139 in 26-helicopter Aramco dealnews Alasdair Whyte 8 Feb 22 0Milestone 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… Read more
HI Uplift: After Bristow withdraws from Australia, what next?insight Mike Stones 8 Feb 22 0Fewer 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… Read more
Airbus Helicopters hails the Covid bounce back … with a warningnews Mike Stones 28 Jan 22 0Airbus Helicopters has hailed a bounce back in orders and deliveries in 2021, while warning that it could take up to three years for the… Read more
Enstrom Helicopter declares Chapter 7 bankruptcynews Mike Stones 20 Jan 22 0Enstrom Helicopter Corporation is to close on January 21st, 2022 after declaring Chapter 7 bankruptcy following “several financial difficulties”. The closure, after 64 years of… Read more
HI Uplift: Helicopter market prepares for Year of the Tigerinsight Mike Stones 17 Jan 22 0Out with the ox, in with the tiger. As the global helicopter market prepares to welcome the Chinese New Year of the Tiger (which begins… Read more
LCI buying portfolio from Nova Capitalnews Alasdair Whyte 1 Dec 21 0LCI has agreed to acquire Nova Capital Aviation Ireland which owns Nova Capital’s twin-engine helicopters and fixed-wing aircraft. Nova Capital will keep its single-engine helicopter… Read more
Nova Capital fleet passes 100 aircraftnews Alasdair Whyte 25 Nov 21 0Aircraft lessor Nova Capital announced its 100th owned and managed aircraft bringing its total fleet value to $500m. This came following the award of a… Read more
‘Different deals need different capital sources’news Alasdair Whyte 8 Nov 21 02021, for many in the helicopter industry, has been a year of consolidation. As well as very good performance on the existing fleet, leasing services… Read more
