XTI upping share-offering pricenews Alasdair Whyte 14 Mar 18 0XTI Aircraft is planning to increase the price at which it is offering new shares by 50%. The Vtol start-up is preparing to submit papers… Read more
Heli Expo 2018: Talking to Waypoint Leasing CEO Hooman Yazhariinsight Alasdair Whyte 12 Mar 18 0Waypoint Leasing, one of the largest helicopter lessors, recently saw a switch up in its management. The lessor’s founder and CEO Ed Washecka left the… Read more
Airbus nets 35 more Lakota orders after Leonardo drops lawsuitnews Alasdair Whyte 12 Mar 18 0Airbus Helicopters has secured an order for 35 UH-27A Lakotas from the US Army. This order comes a month after Leonardo dropped a two-year lawsuit… Read more
New Zealand Government agency stops flying Robinson helicoptersnews Alasdair Whyte 12 Mar 18 0A New Zealand Government agency has ceased flying its staff in Robinson helicopters due to a high number of fatal crashes. The New Zealand Department… Read more
Voom launches in Mexico Citynews Alasdair Whyte 12 Mar 18 0Airbus’s on-demand air-taxi service Voom is now offering on-demand helicopter commutes across Mexico City. The service allows commuters to request seats on a helicopter flights… Read more
Heli Expo 2018: Order round-upnews Alasdair Whyte 9 Mar 18 0The whole concept of orders being announced at airshows is ridiculous. Any multiple order involves hours of negotiations and pouring over contracts. Customers have not… Read more
Bristow closes $350 million offeringnews Alasdair Whyte 9 Mar 18 0Bristow has completed its private $350 million notes offering, offering the group greater financial certainty though higher costs. The issue had initially been set as… Read more
Heli Expo 2018: Droning on about regulationsnews Alasdair Whyte 7 Mar 18 0In case anyone missed it, drones were among the biggest new trends of 2017. Three of the largest helicopter OEMs are investing in drones and… Read more
A Lessor’s Perspective: LCI’s Crispin Maunderinsight Alasdair Whyte 6 Mar 18 0Lease Corporation International (LCI) has found a niche in the helicopter leasing market, focusing purely on medium-category helicopters – especially the Leonardo AW139s and AW169s… Read more
Heli Expo 2018: The OEM perspectivenews Alasdair Whyte 28 Feb 18 0On the day before Heli Expo opened its doors to the public in Las Vegas, a group of movers and shakers in helicopter transactions met… Read more
Asian Sky Group – China taking off, small growth across the boardnews Alasdair Whyte 27 Feb 18 0Civil aircraft consultancy Asian Sky Group’s 2017 helicopter fleet report shows fleet growth across the board in the Asia-Pacific region, with China being the regions… Read more
Bristow offers up $300 million secured notes, issues new RCFnews Alasdair Whyte 23 Feb 18 0British helicopter operator Bristow has announced a $300 million private note offering and a new $75 million revolving credit facility to complement it. The offering… Read more
Helicopters – is the market still just hovering or about to rise?news Alasdair Whyte 23 Feb 18 0According to the latest figures from the General Aviation Manufacturers Association (GAMA) 926 helicopter units were shipped in 2017, 7.5% up on the 861 delivered… Read more
Bell rebrandsnews Alasdair Whyte 23 Feb 18 0Crisper and cleaner. Bell has dropped the word ‘Helicopters’ from its name as part of a company-wide rebranding process that will be rolled out over… Read more
H160 coming to Heli-Exponews Alasdair Whyte 22 Feb 18 0The Airbus H160 Prototype will be on display at Heli-Expo in Las Vegas, Nevada next week – marking the first time the prototype helicopter has… Read more
Lobo leases one AW139 to THGnews Alasdair Whyte 21 Feb 18 0Dublin-based lessor Lobo Leasing has leased one Leonardo AW139 to South African operator Titan Helicopter Group (THG). The helicopter is configured for off-shore operations and… Read more
Almost 85% of people will not fly in an unmanned aircraftnews Alasdair Whyte 20 Feb 18 0Despite a large influx of autonomous aircraft development in 2017, the vast majority of people are still unwilling to fly in an unmanned/pilotless aircraft. Helicopter… Read more
Leonardo Helicopter reduces revolving credit by 200 million eurosnews Alasdair Whyte 16 Feb 18 0In response to its reduced liquidity needs, Leonardo Helicopters has signed a new revolving credit facility through a pool of 26 banks and bookrunners. The… Read more
Leonardo drops UH-72A legal battlenews Alasdair Whyte 14 Feb 18 0Leonardo Helicopters is no longer pursuing its legal action against the US Army for the purchase of further UH-72As, allowing the Army to go ahead… Read more
LCI closes $55 million capital markets loannews Alasdair Whyte 13 Feb 18 0Lease Corporation International (LCI) has closed its first capital markets financing with a $55 million five-year loan. CIT Group and Prudential Capital Group led the… Read more
