Milestone Aviation parent company GECAS acquired by AerCapnews Alasdair Whyte 11 Mar 21 0Milestone Aviation’s parent company, GE Capital Aviation Services (GECAS) will be acquired by Dublin-based lessor AerCap Holdings. It will acquire 100% of the General Electric… Read more
Aero Asset predicts ‘resilient’ Q1 pre-owned twin salesinsight Mike Stones 9 Mar 21 0Sales of twin engine pre-owned helicopters will remain “resilient” in the first quarter of 2021, matching the trend witnessed in the second half of last… Read more
Billionaire Olivier Dassault dies in AS350B helicopter crashnews Alasdair Whyte 9 Mar 21 0Olivier Dassault, French billionaire, MP and grandson of Marcel Dassault – founder of Dassault Aviation – died in a helicopter crash in Normandy, France on… Read more
Milestone Aviation leases 11 Airbus H225s to Air Centernews Alasdair Whyte 12 Feb 21 0Milestone Aviation has added 11 Airbus H225 helicopters to the Air Center Helicopters, Inc (“ACHI”) fleet. The aircraft will be delivered throughout 2021 and 2022… Read more
TRAXXALL welcomes Jim Coates to its rotorcraft operationsnews Alasdair Whyte 9 Feb 21 0TRAXXALL, the maintenance tracking company, announced that Jim Coates has joined its team as an Aircraft Maintenance Analyst. Coates will support clients by ensuring that… Read more
Helicopter CEO Steffen Bay: ‘It will be a year of consolidation’insight Alasdair Whyte 5 Feb 21 02021 will be a year of consolidation, NHV Helicopters CEO, Steffen Bay, told Helicopter/VTOL Investor. Bay expects activity levels to pick up once the vaccine… Read more
NHV wins offshore contract with Neptune Energy Aberdeennews Mike Stones 1 Feb 21 0Helicopter operator NHV Group, based in Ostend Belgium, has won an 18-month contract with Neptune Energy Aberdeen to support its offshore Seagull Field development in… Read more
Town Hall: Milestone Aviation ‘completed 65 transactions in 2020’news Alasdair Whyte 1 Feb 21 0“We completed 65 transactions in 2020,” Sebastien Moulin, head of Europe & Americas at Milestone Aviation Group, told Helicopter Investor’s Town Hall online meeting. Most… Read more
Town Hall: Offshore wind power ‘positive story for helicopters’insight Mike Stones 28 Jan 21 0The rapidly developing offshore wind power generation industry is “a positive story” for the helicopter sector that will create demand for 126 units, valued at… Read more
Airbus Helicopters market share down to 48% in 2020news Alasdair Whyte 27 Jan 21 0Airbus Helicopters announced its orders and deliveries for 2020, indicating a 6% drop —to 48% — in its share of the civil and parapublic market.… Read more
Milestone leasing two five blade H145s to NHVnews Alasdair Whyte 22 Jan 21 0NHV Group is leasing two five-bladed H145s from Milestone Aviation. The aircraft are being used to support NHV’s contract with Germany’s Federal Armed Forces’ training… Read more
Helicopter pre-owned twin-engine sales recover but not to pre-Covid levelsinsight Mike Stones 19 Jan 21 0The pre-owned twin engine helicopter market continued to recover in the fourth quarter (Q4) of last year but retail sales remained below 2019 levels, due… Read more
Volocopter to bring electric air taxi services to US citiesnews Alasdair Whyte 15 Jan 21 0German air taxi start-up Volocopter announced that the Federal Aviation Administration (FAA) accepted its application for Type Certificate validation on December 22nd 2020. Volocopter has… Read more
Blade and Ross Aviation to build vertiport at Westchesternews Alasdair Whyte 12 Jan 21 0Blade Urban Air Mobility and Ross Aviation have entered into a strategic alliance to expedite the roll-out of urban air mobility services. Blade plans to… Read more
Blade to go public via SPAC at $825mnews Alasdair Whyte 16 Dec 20 0Helicopter operator Blade is the latest company to go public via a merger with blank check company Experience Investment Corp., an affiliate of KSL Capital… Read more
Thora hires new MD and advises on sale-leaseback of EMS helicoptersnews Mike Stones 26 Nov 20 0Thora Capital has appointed helicopter veteran Marc Schechter as its new MD and has advised Apollo MedFlight on the sale-leaseback of three EMS helicopters. Backed… Read more
Milestone delivers a Sikorsky S-92 to Caverton Helicoptersnews Mike Stones 26 Nov 20 0Helicopter leasing company Milestone Aviation Group recently delivered a Sikorsky S-92 to Caverton Helicopters, based in Lagos, Nigeria. The S-92 will be deployed on facilitating… Read more
Drop the pilot or ‘keep skin in the game?’insight Alasdair Whyte 16 Nov 20 0What’s the fastest and most efficient way to develop autonomous aircraft – to drop the pilot from the outset or keep one on board, at… Read more
LCI appoints Jaspal Jandu new CEOnews Alasdair Whyte 2 Nov 20 0Helicopter lessor LCI has announced the promotion of Jaspal Jandu to CEO. Former CEO, Michael Platt becomes vice chairman, and Praveen Vetrivel is appointed chief… Read more
Bell Textron shows $9m profit in Q3 2020news Alasdair Whyte 29 Oct 20 0Helicopter manufacturer Bell’s parent company Textron announced its third quarter results for 2020, which saw the segment total $119m – a profit of $9m compared… Read more
