Innovator plans cross-Channel flight on personal VTOLnews Alasdair Whyte 24 Jul 19 0Franky Zapata, founder of Zapata Racing, will attempt to cross the English Channel on his personal VTOL – Flyboard Air – on Thursday (25th) this… Read more
Personal VTOL prototype wows Bastille Day crowdsnews Alasdair Whyte 24 Jul 19 0At the Bastille Day parade in Paris last week, water-craft racer Franky Zapata amazed crowds and European dignitaries – including French president Emmanuel Macron and… Read more
Leonardo’s TH-119 wins IFR certificationnews Alasdair Whyte 23 Jul 19 0Leonardo has obtained FAA Instrument-Flight Rule (IFR) certification for the TH-119 military training helicopter. According to the manufacturer, this is the first single engine helicopter… Read more
Airbus sells first ACH160 to Southeast Asianews Alasdair Whyte 23 Jul 19 0Airbus Corporate Helicopters (ACH) has netted its first ACH160 sale in Southeast Asia. An undisclosed private customer in the Philippines has ordered one Airbus ACH160.… Read more
Columbia Helicopters acquired by AE Industrial Partnersnews Alasdair Whyte 19 Jul 19 0Columbia Helicopters has sold a majority holding in itself to private equity firm AE Industrial Partners, four months after the collapse of its planned sale… Read more
New Money: Thora Capital closes first fund and heli transactionnews Alasdair Whyte 17 Jul 19 0It may seem like an odd time to invest in the helicopter market that is now five years into a downturn, but a new asset… Read more
LCI closes $135 million facilitynews Alasdair Whyte 17 Jul 19 0Following the closing of a $75 million facility with CaixaBank announced last week, helicopter lessor LCI has gone further and closed a $135 million asset-backed… Read more
NHV appoints new COOnews Alasdair Whyte 10 Jul 19 0Helicopter operator NHV Group has expanded its executive board with the appointment of Thomas Hütsch to COO to the executive committee. Hütsch has extensive management… Read more
LCI closes $75 million asset-backed facilitynews Alasdair Whyte 9 Jul 19 0In the midst a down market where consolidation and oversupply are the main words on the tongue, helicopter lessor Lease Corporation International (LCI) has just… Read more
Rostec wants to invest $600 million in Russian civil aviation projectsnews Alasdair Whyte 8 Jul 19 0 Last week, the biggest players in Russian commerce met for the St. Petersburg International Economic Forum 2019 (SPIEF 2019) to discuss the key economic… Read more
Bristow signs $150 million DIP commitmentnews Alasdair Whyte 5 Jul 19 0Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to provide a new debt facility worth $150 million. The process is… Read more
Bristow, “business as usual” and buyoutsnews Alasdair Whyte 1 Jul 19 0Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ approach. Within the last week, it has secured new financing from… Read more
CHC secures new offshore contract with Wintershall Deanews Alasdair Whyte 28 Jun 19 0Helicopter operator CHC has secured a new offshore contract to provide helicopter transport for the recently-merged Wintershall Dea to and from oil rigs in the… Read more
Voom brings its helicopter ride-hailing service to San Francisconews Alasdair Whyte 27 Jun 19 0Following Uber’s entry into the helicopter air taxi market with its launch of Uber Air this month, Airbus is doubling down on its own helicopter… Read more
HAI president Zuccaro set to retire next yearnews Alasdair Whyte 25 Jun 19 0Matt Zuccaro is stepping down as the president and CEO of Helicopter Association International (HAI) effective 30 June 2020 – coinciding with end of HAI’s… Read more
Bristow belatedly releases 10-Q and 10-K updatesnews Alasdair Whyte 24 Jun 19 0After months of delays in filing its final 10-Q and 10-K reports due to suspicions of impropriety, helicopter operator Bristow has finally published its delayed… Read more
Airbus wants to fly a hybrid-electric helicopter next yearnews Alasdair Whyte 24 Jun 19 0Most of the talk surrounding hybrid-electric propulsion has been about VTOLs and jets. However, on Friday, Airbus revealed its plan fly a helicopter using the… Read more
Airbus sells first ACH160 to Chinanews Alasdair Whyte 21 Jun 19 0Airbus Corporate Helicopter has netted its first Chinese launch customer for the ACH160. The company announced yesterday at the Paris Air Show that it has… Read more
Kopter P3 completes 34 test flightsnews Alasdair Whyte 18 Jun 19 0Swiss helicopter manufacturer Kopter has completed 34 flights in its latest P3 – having flown more than 100 hours. The company revealed its third prototype… Read more
New York helicopter crash raises security questions about flying over citiesnews Alasdair Whyte 12 Jun 19 0Panic in New York streets on Monday when a twin-engine Agusta A109E burst into flames on crashing into the AXA Equitable Centre in New York… Read more
