Washecka, McGinn leave Waypoint, Yazhari joins as CEOnews Alasdair Whyte 30 Jan 18 0Waypoint Leasing, one of the largest helicopter lessors, has changed its management team. Ed Washecka, the company’s founder and CEO, has left the company and… Read more
Canadian Helicopters gets $8 million term loannews Alasdair Whyte 4 Jan 18 0HNZ Group subsidiary Canadian Helicopters has received an $8 million loan from investment firm Crown Capital Partners. The term loan closed on 29 December –… Read more
Leonardo purchases two outstanding offeringsnews Alasdair Whyte 21 Dec 17 0Leonardo is to purchased back two outstanding note offerings due 2039 and 2040. The OEM and its subsidiary Leonardo US Holdings will purchase its outstanding… Read more
Helicopter operating leasing ranking 2017: Top of the Opsnews Alasdair Whyte 16 Nov 17 0The big players in the helicopter market have remained unchanged since our last update in 2015. Milestone remains at the top of the ranking, with… Read more
Volocopter adds btov as new investornews Alasdair Whyte 6 Nov 17 0European venture capital firm btov is investing in Volocopter, the start-up electric multicopter company. It joins car company Daimler, Intel Capital and technology investor Lukasz… Read more
Waypoint closes $87.5 million loan facilitynews Alasdair Whyte 7 Sep 17 0Irish lessor Waypoint has closed on an $87.5 million loan from Sumitomo Mitsui Banking Corporation (SMBC) and Bank of Tokyo-Mitsubishi (MUFG). It has the option… Read more
Waypoint extends $390 million loannews Alasdair Whyte 15 Jun 17 0Waypoint Leasing has extended maturity of two revolving credit facilities valued at $390 million, with a $100 million facility pushed back to late 2019 and… Read more
WFW advises Société Générale Group on refinancing 10 helicoptersnews Alasdair Whyte 10 Mar 17 0Watson Farley & Williams (WFW) has advised Société Générale Group on the refinancing of nine H135 helicopters and one Bell 429. The helicopters are owned… Read more
Air Methods reports 9.2% increase in fourth quarter revenuenews Alasdair Whyte 3 Mar 17 0Air methods generated $297.5 million in the fourth quarter of 2016, up 9.2% from $272.4 million in the fourth quarter of 2015. Adjusted EBITDA saw… Read more
New consortium invests in Russian Helicoptersnews Alasdair Whyte 22 Feb 17 0A newly-formed consortium of leading Middle Eastern funds has finalised a deal to acquire minority stake in Russian Helicopters. Russian Direct Investment Fund (RDIF) formed the… Read more
Bristow subsidary enters $200 million agreement with Macquarie Banknews Alasdair Whyte 7 Feb 17 0A subsidiary of Bristow Group has entered a $200 million loan agreement with Macquarie Bank. The financing will be secured by 20 oil and gas… Read more
Bristow Group sees net loss of $21.9 million for Q3news Alasdair Whyte 7 Feb 17 0Bristow Group reported a GAAP net loss of $21.9 million for the quarter ending 31 December 2016. This is down from $3.2 million in December… Read more
Milestone agrees to $230m secured term loan to Bristownews Alasdair Whyte 3 Feb 17 0Milestone will be providing a $230m secured term loan facility to a Bristow subsidy as part of a new agreement. The commitment letter will see… Read more
Waypoint Leasing acquires a pre-owned AW139 EMSnews Terry Spruce 2 Sep 16 0Waypoint Leasing has acquired a pre-owned AW139 in EMS configuration on the open market and placed it on long-term lease to Ornge in support of… Read more
Waypoint places two Sikorsky S-92 helicoptersnews Terry Spruce 27 Jun 16 0Waypoint Leasing has placed two new Sikorsky S-92s on lease with a global helicopter operator. “Despite a period of weak demand for oil and gas… Read more
Erickson hires Imperial Capitalnews Terry Spruce 10 Jun 16 0Erickson Incorporated has hired Imperial Capital, a full-service investment bank, to explore strategic alternatives for the company. In addition to Imperial’s capital markets expertise, it… Read more
Avinco launches US subsidiary Avinco Americas Corpnews Terry Spruce 7 Jun 16 0Avinco has launched Avinco Americas Corporation (AAC), with an office in Manhattan, New York. The US office has been set up to support the expansion… Read more
CHC Group files for Chapter 11 bankruptcy protectionnews Alasdair Whyte 5 May 16 0Offshore helicopter operator CHC Group has filed for Chapter 11 bankruptcy protection to allow it time to restructure its financial assets. The company said it… Read more
Helicopter leasing company debt transactionsnews Alasdair Whyte 20 Apr 16 0Borrower: Waypoint Leasing Date: 19 April 2016 Size: $100 million Structure: Secured loan Term: Six years Notes: Can be drawn in dollars, euros and sterling.… Read more
Another $100M for Waypoint takes total financing to more than $1.85 Billionnews Alasdair Whyte 19 Apr 16 0Waypoint Leasing has closed on a $100 million term loan facility led by Lombard North Central Plc, providing for dollar, euro and sterling funding capacity… Read more
