Milestone Aviation Group’s shareholders more than doubled their investmentnews Alasdair Whyte 6 Nov 14 0JZ Capital Partners, a London listed private equity fund, has said that it is expecting to make $40 million from the $15.1 million that it… Read more
Waypoint Leasing acquires 31 helicopters from First Reservenews Terry Spruce 4 Nov 14 0Waypoint Leasing will surpass $1 billion of assets as the company acquires 31 helicopters from First Reserve, the largest global private equity and infrastructure investment… Read more
Beijing Automotive buys 50 helicoptersnews Terry Spruce 15 Oct 14 0Beijing Automotive Industrial Corporation (BAIC) in China has signed a multi-year contract with AgustaWestland for the purchase of 50 various helicopter models, including the AW139,… Read more
Helitech 2014: Gecas buys Milestone Aviationinsight Alasdair Whyte 14 Oct 14 0The big story at Helitech, this year taking place in a damp Amsterdam, is GE Capital Aviation Services (Gecas) buying Milestone Aviation Group for $1.775… Read more
GECAS to acquire Milestone Aviation Groupnews Terry Spruce 14 Oct 14 0GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, has signed an agreement to acquire Milestone Aviation Group, a Dublin-based helicopter lessor, for… Read more
LCI closes $325 million secured asset backed facilitynews Terry Spruce 2 Oct 14 0Lease Corporation International (LCI), the aviation leasing division of the Libra Group, has successfully closed a five-year, $325 million asset-backed credit facility for its helicopter-leasing… Read more
CHC Group grows revenue by 11% in last quarternews Alasdair Whyte 9 Sep 14 0CHC Group, one of the world’s biggest helicopter operators, increased its revenues in the first quarter of fiscal year 2015 by 11 per cent, when… Read more
Bristow accepts first UK SAR S-92news Terry Spruce 9 Sep 14 0Bristow Helicopters has received the first search and rescue-configured Sikorsky S-92 helicopter. The helicopter was accepted during a ceremony at the Sikorsky facility in Coatesville,… Read more
Beijing offers first helicopter toursnews Alasdair Whyte 5 Sep 14 0In a sign that the Chinese authorities might be loosening their tight grip on its airspace, Beijing-based Reignwood Aviation has been given authorisation to begin… Read more
Waypoint increases capital base by $300mnews Terry Spruce 4 Sep 14 0Waypoint Leasing, a leading helicopter leasing company, has raised a further $300 million in term loans to refinance existing assets previously funded under its revolving… Read more
Sten Gustafson resigns from Era Group as CEOnews Terry Spruce 29 Aug 14 0The Era Group announces the immediate resignation of Sten Gustafson as CEO. Era Group has announced that Sten Gustafson has resigned as chief executive officer… Read more
Market analysis: Bristow vs CHC vs Erainsight Alasdair Whyte 22 Aug 14 0You can broadly speaking split the helicopter operators that serve the oil and gas industry into local and international operators. Although joint ventures between local… Read more
Good times (and results) for Bristow, CHC and Era Groupinsight Alasdair Whyte 14 Aug 14 0Summer in the Northern Hemisphere is usually a much less hazardous time to operate helicopters and it was also a pleasant time for the latest… Read more
Helicopter salesperson of the year: Angela Merkel sells 123 Airbus Helicopters in Chinainsight Alasdair Whyte 14 Aug 14 0You do wonder why OEMs bother with salespeople. Airbus Helicopters has the largest market share in China and has been established there for many years… Read more
Malta military celebrates first AW139 deliverynews Terry Spruce 11 Aug 14 0The Armed Forces of Malta celebrates the delivery of its first AgustaWestland AW139. AgustaWestland has delivered the first AW139 to the Armed Forces of Malta, which… Read more
Bristow sees growth in first quarter of fiscal year 2015news Alasdair Whyte 6 Aug 14 0Bristow Group, the owner of Bristow Helicopters, reported operating revenues of $437.3 million in the first quarter of fiscal year 2015, up 21.6 per cent… Read more
AgustaWestland completes AW139 order for Maryland State Policenews Terry Spruce 6 Aug 14 0Maryland State Police takes delivery of the 10th AW139 helicopter. AgustaWestland has delivered Maryland State Police its 10th AW139 helicopter to be used for the… Read more
Airbus Helicopters wins tender for two EC145 air ambulancesnews Terry Spruce 31 Jul 14 0Airbus Helicopters Vostok has won a contract to supply two EC145 air ambulances to Russia. Airbus Helicopters Vostok was awarded a contract for two EC145… Read more
Bell Helicopter delivers first Bell 429 to NYPDnews Terry Spruce 30 Jul 14 0The New York Police Department has received its first Bell 429 helicopter. Bell Helicopter announces the delivery of the first Bell 429 to the New… Read more
Airbus Helicopters EC175 FFS receives EASA certificatenews Terry Spruce 10 Jul 14 0The Airbus Helicopters EC175 Level D full flight simulator is now ready for service. Airbus Helicopters’ first Level D flight simulator for the EC175 helicopter… Read more
