OEM orders and deliveries at EBACE 2019news Alasdair Whyte 28 May 19 0The European Business Aviation Convention and Exhibition (EBACE) is never really the go-to event for the civil helicopter market outside of those VIP-niche companies –… Read more
Bristow files for Chapter 11news Alasdair Whyte 13 May 19 0Bristow Group voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on 11 May. The oil-and-gas helicopter operator… Read more
Scott Thanisch, CHC: We need to “build sustainability”news Alasdair Whyte 2 May 19 0Scott Thanisch, CHC’s chief financial officer and senior vice president, joined the company in 2016 knowing that it was a tough time for helicopter operators.… Read more
Comment: Do Bristow and PHI’s woes herald years of uncertainty for O&G operators?insight Alasdair Whyte 24 Apr 19 0Chess is arguably overused as a metaphor for business strategy, but actually is quite apt for the difficulties oil-and-gas helicopter operators find themselves facing in… Read more
Bristow pushes 10-Q deadline, considers bankruptcynews Alasdair Whyte 17 Apr 19 0 Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The… Read more
Are eVTOLs sustainable?news Alasdair Whyte 15 Apr 19 0The University of Michigan and car manufacturer Ford have released a study suggesting that eVTOL vehicles will have a greater impact on the environment than… Read more
Carlyle Group completes purchase of StandardAeronews Alasdair Whyte 8 Apr 19 0Repair and overhaul company StandardAero has been acquired by global investment firm The Carlyle Group. The company was purchased for an undisclosed amount (estimated at… Read more
Babcock Group confirms Ruth Cairnie as new chairnews Alasdair Whyte 5 Apr 19 0Babcock International Group has confirmed that Ruth Cairnie will assume the role of the group’s chair starting 18 July – replacing Mike Turner in the… Read more
PHI files Chapter 11 plan for $630m debt-to-equity swapnews Alasdair Whyte 4 Apr 19 0Oil-and-gas helicopter operator PHI has filed a Chapter 11 plan that proposes a more than $630 million debt-for-equity swap in an effort to trim its… Read more
PHI delisted from Nasdaq following Chapter 11news Alasdair Whyte 25 Mar 19 0Oil-and-gas helicopter operator PHI Helicopters has been delisted by the Nasdaq stock exchange after the firm filed for Chapter 11 on 14 March. PHI states… Read more
Bristow gains extension for late Q3 results, avoids loan defaultsnews Alasdair Whyte 20 Mar 19 0Oil-and-gas helicopter operator Bristow Group has managed to secure an extension until 15 April to file its delayed third-quarter results for 31 December 2018. The… Read more
Analysis: PHI files for Chapter 11 – what have we learnt? insight Alasdair Whyte 18 Mar 19 0Anyone with a passing interest in the large oil and gas helicopter operator market would not have been surprised that PHI has filed for Chapter 11. Primarily, PHI had… Read more
PHI files for Chapter 11 as pressure from $500m note maturing hitsnews Alasdair Whyte 15 Mar 19 0PHI has filed for Chapter 11 in the US Bankruptcy Court for the Northern District of Texas just as its $500 million worth of unsecured notes were due to mature. The… Read more
Revolution.Aero Europe 2019 live blognews Alasdair Whyte 7 Mar 19 0Welcome to the Revolution.Aero Europe 2019 Live Blog. You can check here for up-to-date coverage of the conference held at the Royal Garden Hotel on… Read more
Comment: Is Bristow as bad as it looks?insight Alasdair Whyte 5 Mar 19 0Bristow Helicopters is currently under intense market scrutiny stemming from its failure to file its third-quarter results for 31 December 2018 on time. “Material weaknesses”… Read more
Luxaviation launches helicopter charter alliancenews Alasdair Whyte 4 Mar 19 0Luxaviation Helicopters has kicked off Heli Expo 2019 with the launch of a new global helicopter charter alliance – named the Luxaviation Charter Alliance. The… Read more
Airbus Vahana flies 50 test flightsnews Alasdair Whyte 26 Feb 19 0Almost a year ago, Airbus showed off the first full-scale test flight of its prototype VTOL – Vahana. Last week, Airbus A3 revealed that Vahana… Read more
Down market – David Martin on how Sikorsky is weathering the downturninsight Alasdair Whyte 25 Feb 19 0Sikorsky has weathered the market downturn by sticking to what it knows best. The US helicopter manufacturer is firmly rooted in the oil-and-gas and military… Read more
Large O&G Helicopter Operators – Is 2019 the danger zone?news Alasdair Whyte 22 Feb 19 0“The danger point in any cycle is not when you’re at the top or the bottom, but when you’re just at the inflection point,” says… Read more
Waypoint sale approvednews Alasdair Whyte 19 Feb 19 0A New York bankruptcy judge has approved the sale of Waypoint Leasing’s assets – including most of its helicopters – to Macquarie Group and some… Read more
