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Experience Co completes purchase of GBR Helicopters

Experience Co completes purchase of GBR Helicopters

Experience Co has finished with its acquisition of GBR Helicopters this week. The acquisition was for $19.6 million, which helps strengthen their position in Far North Queensland’s tourism industry, reports Proactive Investors.  

Source: HeliHub.com, 07-Nov-17

Avinco helps Mont Blanc Helicopteres acquire AS350B3 in record time

Avinco helps Mont Blanc Helicopteres acquire AS350B3 in record time

Mont Blanc Helicopters (MBH) recently closed the purchase of a fire fighting AS 350B3 with the crucial assistance of Avinco. Further to its recent appointment for a fire fighting mission in Corsica, Mont Blanc entrusted Avinco with rapidly securing the appropriate helicopter. Avinco successfully secured the machine within a record one-week lead-time, by providing full… Read more »

Source: Avinco, 11-Nov-15

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Erickson to Present at the Canaccord Genuity Growth Conference

Erickson to Present at the Canaccord Genuity Growth Conference

Erickson Incorporated NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce that it will present at the Canaccord 35th Annual Growth Conference. Jeff Roberts, President and CEO and Eric Struik, Vice President and CFO are scheduled to present on August 13th at 12:00p.m., from the Intercontinental Hotel in Boston, Massachusetts. About Erickson… Read more »

Source: Erickson, 13-Aug-15

Milestone closes US$200M Unsecured Revolving Credit Line

Milestone closes US$200M Unsecured Revolving Credit Line

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and revolving borrowing capacity to US$ 800 million. Today’s announcement follows on the heels of the company’s January 7,… Read more »

Source: Milestone, 10-Jan-14

Milestone completes US$575M Private Placement Debt Financing

Milestone completes US$575M Private Placement Debt Financing

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has successfully completed the private placement of US$ 575 million of senior secured notes. The company intends to use the proceeds to fund the continued expansion of its business and to refinance existing debt. The senior secured notes, which have an average… Read more »

Source: Milestone, 08-Jan-14

Avstar Finance launches new helicopter blog

Avstar Finance launches new helicopter blog

Avstar Finance, an affiliate of Avstar Media, is pleased to announce the publishing of a new blog focused on our helicopter industry – Rotor Noise: A HELICOPTER BLOGTM. Chuck McGuire, Avstar Finance’s managing director, is the blog’s author. The blog will feature thoughts and comments on a variety of subjects – some tongue-in-cheek – and… Read more »

Source: Avstar Finance, 01-Aug-12

Pegasus closes $2M investment from private investor

Pegasus closes $2M investment from private investor

Further to the delisting from the plus market on 17 June 2011, the board of Pegasus Helicopter Group PLC is pleased to announce the final closing and receipt of the committed $2 million investment from the Kuwaiti holding company “Thimar.” The investment is in the form of a note convertible into 28.6% of the shares… Read more »

Source: Pegasus Helicopter Group, 14-Sep-11

Finacity and NORD/LB increase CHC securitization facility by $75M

Finacity and NORD/LB increase CHC securitization facility by $75M

Finacity Corporation (“Finacity”) announced today that together with Norddeutsche Landesbank Girozentrale (“NORD/LB”), it has facilitated the successful increase from $55 million to $75 million of an existing trade receivable securitization for CHC Helicopter Corporation. The program upsize involves the addition of Australian receivables combined with European receivables. About CHC Helicopter Corporation CHC Helicopter provides skilled,… Read more »

Source: NORD/LB, 01-Sep-11

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Bank wants Bell 407 that belonged to former cartel boss

Bank wants Bell 407 that belonged to former cartel boss

According to Business Development Bank of Canada, a 407 secured loans totaling $2,404,636 that it made in 2007 and 2008 to Allied Aircraft Sales Inc. and CC Helicopters Ltd.  The bank  filed a petition in the U.S. District Court for the Southern District of Texas on Tuesday, asserting its interest in the helicopter. [file photo]

17-Mar-11

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Sloane Helicopters and Premiair discuss helicopter market outlook

Sloane Helicopters and Premiair discuss helicopter market outlook

In London almost 200 delegates hear speakers on various topics at the International Corporate Jet and Helicopter Finance Conference. The first day of the conference had a keynote speech by Luis Pinto CFO of NetJets Europe followed by Eddy Pieniazek, global head of consultancy at Ascend who talked about where we are in the business… Read more »

Source: Corporate Jet Investor, 17-Feb-11

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