Bristow Group emerges from Chapter 11 Bankruptcy protectionnews Alasdair Whyte 5 Nov 19 0Less than six months after filing for bankruptcy in May 2019, Bristow Group has successfully emerged from Chapter 11 Bankruptcy protection – having restructured its… Read more
Bracing for Brexit – NHV Group gains UK operating certificatenews Alasdair Whyte 31 Oct 19 0The protracted volatility of the oil and gas market has caused financial troubles for many helicopter operators in Europe. But Belgian operator NHV has weathered… Read more
Proposed bill would prohibit all ‘non-essential’ flights over New Yorkinsight Alasdair Whyte 30 Oct 19 0New Yorkers might live happily with the roar of traffic down Fifth Avenue, but it seems that some of them object to the noise of… Read more
FAA issues new airworthiness directives for EC225snews Alasdair Whyte 21 Oct 19 0The Federal Aviation Administration has issued new airworthiness standards for the troubled Airbus EC225LP ‘Super Puma’. The new airworthiness directive requires owners to: “Determine the… Read more
LCI launches its first co-investment vehiclenews Alasdair Whyte 17 Oct 19 0 Helicopter lessor LCI has just launched its first helicopter co-investment vehicle, in partnership with a subsidiary of Paris-based investment firm Flexam Invest. The co-investment… Read more
Pre-owned helicopter market remains difficult, but with some positive signsnews Alasdair Whyte 16 Oct 19 0It’s not altogether clear whether the market log-jam for pre-owned helicopters is loosening up. However, there may be some odd signs judging from Aero Asset’s… Read more
Helicopters are at highest risk from consumer dronesnews Alasdair Whyte 14 Oct 19 0Consumer drones are a severe risk for helicopters – according to a recent report from the UK Government. The UK’s House of Commons Science and… Read more
Bristow receives court approval for reorganisation plannews Alasdair Whyte 9 Oct 19 0After a tumultuous six months, Bristow Group has been cleared to emerge from Chapter 11 following recent approval from the US Bankruptcy Court. The helicopter… Read more
Kitty Hawk’s new eVTOL is “barely discernible to the human ear”news Alasdair Whyte 8 Oct 19 0Kitty Hawk, the Mountain View, California-based eVTOL manufacturer has revealed a third experimental aircraft concept named Heaviside – a vertical take-off and landing craft which… Read more
Voom launches in San Francisconews Alasdair Whyte 2 Oct 19 0Even companies can seem to become homesick. This was evident last week when on-demand helicopter-booking platform Voom brought its service to San Francisco – where… Read more
The helicopters of Monaconews Alasdair Whyte 1 Oct 19 0In September, all eyes in the superyacht market turn to Monaco, where hundreds of the world’s most luxurious boats come to berth in Port Hercules… Read more
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
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
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
