Why Thora Capital is rethinking helicopter investmentnews Alasdair Whyte 20 Nov 18 0Four years into the downturn, it is probably safe to say that the first Golden Age of helicopter leasing lasted for four years. It started… Read more
Babcock expected to take a £100 million Avincis hitnews Alasdair Whyte 19 Nov 18 0Babcock Group is expected to take a £100 million hit on the value on its helicopter business – Babcock Mission Critical Systems – when it… Read more
Leonardo announces two orders for 37 aircraftnews Alasdair Whyte 14 Nov 18 0Leonardo announced two separate deals for a total of 37 helicopters on 12 November. The Italian helicopter manufacturer will be delivering 15 EMS-configured AW139s to… Read more
Bristow buys Columbia Helicopters, loses Baliffnews Alasdair Whyte 10 Nov 18 0Bristow Group has fully acquired privately-held operator Columbia Helicopters for $560 million. Group CEO Johnathan Baliff has announced his resignation. Baliff will oversee the integration planning of… Read more
Babcock targeted by anonymous short-sellernews Alasdair Whyte 8 Nov 18 0Babcock Group, the parent of Babcock Mission Critical Systems, is under attack from a short-seller called Boatman Capital Research. A paper posted by Boatman has… Read more
Helitech 2018: A new Milestoneinsight Alasdair Whyte 25 Oct 18 0It was an honour to be at the final Helitech International last week. Next year, Europe’s largest helicopter expo which has been running since 2009,… Read more
PHI shareholders suggest selling PHI Air Medical to cover debtnews Alasdair Whyte 13 Sep 18 0Two PHI’s shareholders have sent a letter to the company’s board of directors proposing PHI sell its air medical business to help refinance debt. The… Read more
Milestone leases five H145s to Aramconews Alasdair Whyte 10 Sep 18 0GECAS’s leasing company Milestone Aviation and Airbus helicopters have signed a contract to provide five H145 helicopters to Saudi offshore oil company Aramco Overseas Company.… Read more
Credit freeze hits helicopter marketinsight Alasdair Whyte 9 Sep 18 0Many people might find it hard to feel sympathy for bankers. Especially after 2008. But as the credit crunch shows, no industry can survive without… Read more
Waypoint starts negotiations with lenders over covenantsnews Alasdair Whyte 9 Sep 18 0Waypoint Leasing, the largest independent helicopter lessor, is in talks with banks to restructure loans. The lessor first held talks in June to warn lenders… Read more
Bell closes Lafayette assembly facilitynews Alasdair Whyte 23 Aug 18 0Bell Helicopter is closing down one of its main assembly facilities at the Lafayette Regional Airport in Louisiana after the Louisiana Economic Development (LED) cancelled… Read more
Leonardo finalises NH90 deal with Qatarnews Alasdair Whyte 22 Aug 18 0Leonardo has finalised the contract with Qatar for 28 multi-role NH90s. The order was first secured and signed in March this year and saw NHI… Read more
Asia: Inventory values decreasingnews Alasdair Whyte 10 Aug 18 0Helicopter inventories are now decreasing in Asia for the first time since Asia Sky Group started its report in 2016. The inventory value for all… Read more
Sikorsky registers first S-100 helicopternews Alasdair Whyte 8 Aug 18 0Sikorsky has registered a new helicopter model named the S-100 with the FAA. Without any announcement or fanfare, Sikorsky has submitted a new helicopter to… Read more
Leonardo revises 2018 guidance in H1 resultsnews Alasdair Whyte 1 Aug 18 0Leonardo has increased both its free operating cash flow (FCOF) and its new-order revenue guidance after finalising a deal with Qatar for 28 NH90s. The… Read more
HAI considers rebrandnews Alasdair Whyte 30 Jul 18 0What’s in a name? A whole new, changing world. The Helicopter Association International (HAI) is considering changing its name to better reflect an industry-wide shift… Read more
Airbus secures deal with Ukraine for 55 helicoptersnews Alasdair Whyte 17 Jul 18 0Airbus Helicopters has announced the biggest helicopter order at Farnborough so far, 55-helicopters for the Ukrainian Ministry of Interior. The helicopters will be used for… Read more
Aramco to lease up to 21 AW139s from Milestonenews Alasdair Whyte 17 Jul 18 0Saudi Arabian energy firm Aramco has signed a renewal contract with helicopter lessor Milestone Aviation and Leonardo Helicopters for up to 21 AW139s. The GECAS-owned… Read more
Airbus to pay ERA $42 million in H225 settlementnews Alasdair Whyte 6 Jul 18 0Airbus has agreed to pay helicopter operator Era Group $42 million as compensation over the grounding of the H225. A significant amount of the aircraft… Read more
LCI leases three AW139s to Chinanews Alasdair Whyte 3 Jul 18 0Lease Corporation International has placed its first helicopters in China, leasing three new Leonardo AW139s to Shanghai Kingwing Aviation. To help tap into increasing demand… Read more
