EHang linked to Nasdaq IPOnews Alasdair Whyte 27 Sep 19 0EHang, the Chinese drone and eVTOL manufacturer has filed for an initial public offering (IPO) of up to $200 million shares with Nasdaq – according… Read more
Airbus demonstrates ACH160 yacht capabilities at Monaconews Alasdair Whyte 26 Sep 19 0Whilst superyacht owners may seem a particularly niche market, there are more than 100 helicopters flying to and from superyachts around the world. And this… Read more
Super Puma hits new delivery milestoneinsight Alasdair Whyte 23 Sep 19 0When the SA332 Super Puma first flew in 1978, many were impressed by its performance. But few suspected that 40 years later the Super Puma… Read more
Court rules in favour of LCI in Waypoint helicopter casenews Alasdair Whyte 13 Sep 19 0The New York Bankruptcy Court has ruled in favour of helicopter lessor LCI Helicopters (the defendant) in a lawsuit filed by Macquarie Rotorcraft Leasing (the… Read more
Volocopter closes EUR 50 million financingnews Alasdair Whyte 9 Sep 19 0Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate Geely. The Series C financing more than doubles Volocopter’s capital. It… Read more
AE Industrial Partners completes acquisition of Columbianews Alasdair Whyte 2 Sep 19 0AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The private equity firm first announced its intention to acquire Columbia in… Read more
Russian Helicopter orders at MAKS 2019news Alasdair Whyte 30 Aug 19 0Russian Helicopters has announced several orders for its commercial models: the VRT500, Mi-8AMT and Ansat helicopters at the International Aviation and Space Show (MAKS 2019)… Read more
Helicopter Investor Newsletter: Searching for silver liningsnews Alasdair Whyte 22 Aug 19 0This article originally appeared as one of our Helicopter Investor Newsletters. Click here to subscribe. Talk of recovery in the helicopter market is nothing new.… Read more
Exclusive: Chris Bradshaw explains how ERA is staying afloat during the downturninsight Alasdair Whyte 16 Aug 19 0Now is not the best of times to be a helicopter operator in the oil and gas market. Even the giants of the market are… Read more
Bristow announces $75 million tender offernews Alasdair Whyte 13 Aug 19 0Bristow Group has announced a cash tender offer to purchase $75 million of its secured notes maturing in 2023. The tender offer to purchase the… Read more
Sikorsky sues Babcock for not taking two S-92s from 16 helicopter ordernews Alasdair Whyte 6 Aug 19 0Sikorsky is suing Babcock International for failing to take delivery of two S-92 helicopters worth $58 million that were ordered in 2011. In a court… Read more
EAA AirVenture round-upnews Alasdair Whyte 6 Aug 19 0From July 22-28 this year, legacy and experimental aviation companies were strutting their stuff, exhibiting their aircraft and ideas at the Experimental Aircraft Association (EAA)… Read more
Leonardo reports 34% increase in orders in H1 2019news Alasdair Whyte 5 Aug 19 0Buoyed in part by helicopter sales, Leonardo has seen a 34% increase in new orders across all of its segments (helicopters, defence electronics & security,… Read more
Qinetiq reviews Bristow SAR contractnews Alasdair Whyte 1 Aug 19 0A recent independent review by British defence company Qinetiq has praised the transition of the UK’s search and rescue helicopter (SARH) services to the civil… Read more
Continental Aerospace and VerdeGo Aero announce strategic partnershipnews Alasdair Whyte 1 Aug 19 0Continental Aerospace Technologies and VerdeGo Aero have announced a strategic partnership to develop hybrid-electric propulsion systems for eVTOLs. Florida-based VerdeGo is a start-up developing its… Read more
The silver lining to Franky Zapata’s cross-Channel flight cloudnews Alasdair Whyte 30 Jul 19 0Franky Zapata, the flying enthusiast who attempted to cross the English Channel on his personal VTOL on July 25, has been unsuccessful. The VTOL –… Read more
Bristow finalizes $385 million debt for equity swapnews Alasdair Whyte 29 Jul 19 0Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop commitment agreement with several of its noteholders for a $385 million… Read more
A Catalyst for change: XTI partners with GEnews Alasdair Whyte 26 Jul 19 0XTI has partnered with GE Aviation to develop a hybrid-electric propulsion system to power the XTI TriFan 600 eVTOL – with GE’s new Catalyst turboprop… Read more
Metro Aviation orders five SH09snews Alasdair Whyte 25 Jul 19 0Swiss helicopter manufacturer Kopter has signed a Memorandum of Agreement (MoA) with Metro Aviation to take delivery of five SH09 helicopters following the aircraft’s FAA… Read more
Karl Fessenden steps down as CEO of CHCnews Alasdair Whyte 24 Jul 19 0CHC Group is searching for a new CEO to replace Karl Fessenden who has resigned, effective from August 2nd, to explore new opportunities outside the… Read more
