26-Feb-2024Source: JetLoan Capital
JetLoan Capital expands their aviation lending with the appointment of Benjamin Lynch to lead their helicopter financing division. Ben continues to develop relationships with new helicopter funding sources, adding to the company’s expansive lending network. JetLoan Capital has the capability to offer financing solutions for the following markets: Oil & Gas Exploration and Production Air... Read more
3-Feb-2017Source: Milestone
Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services (“GECAS”) company and the global leader in helicopter leasing, announced today a commitment letter with Bristow Group Inc. (“Bristow”), a leading provider of global industrial aviation services. Under the agreement, Milestone is providing a $230 million secured term loan facility to a subsidiary of Bristow,... Read more
22-Jul-2016Source: Blade
FLYBLADE, INC. (“BLADE”), the digitally powered short-distance aviation company, has completed its Series A Financing. Lead investors are Raine Ventures, the venture fund managed by the Raine Group, and David Zaslav, personally (CEO of Discovery Communications, Inc). Other investments held by The Raine Group include VICE Media, Margaritaville, Inc, and Brian Grazer and Ron Howard’s... Read more
11-May-2016Source: Gowling WLG
International law firm Gowling WLG has appointed Matthew Harvey as a partner in its banking and finance team in London. He joins the firm from Dentons where he has been a partner since 2000. Matthew has over 20 years’ experience acting for corporates, banks and finance companies on structured, asset and export finance transactions. He... Read more
9-Sep-2015Source: Waypoint Leasing
Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed on the private placement of US$200 million of senior secured notes, representing Waypoint’s inaugural capital markets financing. The senior secured notes have a maturity of seven years, split across three tranches, providing for both USD and EUR funding capacity... Read more
21-May-2015Source: Air Finance
As a Qualified Advisor to the Export-Import Bank of the United States (Ex-Im Bank), AirFinance has facilitated the financing for three aircraft deliveries this month. A US-made Gulfstream G450 was financed for Azikel Air Limited to support travel for this Nigerian based business. AirFinance also facilitated the pre-delivery payment financing for this Gulfstream aircraft. Two... Read more
2-Oct-2014Source: LCI
LCI, the aviation leasing division of the Libra Group, has successfully closed a five-year, US$325 million asset-backed credit facility for its helicopter-leasing arm LCI Helicopters. The facility was substantially over-subscribed resulting in an enlarged provision to meet demand. An option to increase the facility to $425 million was also added. The funds will be used to expand the company’s... Read more
18-Jul-2014Source: Precision Aviation Services
Airbus Helicopters Inc. (AHI) has partnered with Precision Aviation Services and Government Capital Corp. to provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters. Precision Aviation Services, of Peachtree City, Ga., AHI’s newest service center, will work with AHI and Government Capital to provide aircraft... Read more
14-Jul-2014Source: Airbus Helicopters
Airbus HelicoptersInc. (AHI) is pleased to announce that Government Capital Corp. will provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters. Government Capital, based in Southlake, Texas, has extensive experience providing financing to public agencies. In addition, Precision Aviation Services, of Peachtree City, Ga., AHI’s... Read more
25-Jun-2014Source: Bell
No light aircraft combines proven capabilities with the award-winning superior support and service ofBell Helicopter like the Bell 407, which is why there are more than 1,200 of them flying worldwide. The newly upgraded, pilot-friendly Bell 407GX is the first helicopter to feature the industry-leading Garmin G1000H flight deck, which offers greater situational awareness and safety.... Read more
10-Jun-2014Source: Vector Aerospace
Vector Financial Services, the leasing division of Vector Aerospace Corporation (“Vector”), a global independent provider of aviation maintenance, repair and overhaul (MRO) service, is pleased to announce the extension of leasing and support agreements for two (2) Vector-owned AS332L helicopters with Bond Helicopters Australia (Bond). “The Vector team understands the level of support our operations... Read more
26-May-2014Source: Ex-Im Bank
Today the Export-Import Bank of the United States (Ex-Im Bank) announced a new goal of $2 billion in financing for U.S.-manufactured business aircraft and helicopters by the end of 2014. The Bank reached its previously announced goal of $1 billion in support of these exports in December 2013, 10 months ahead of schedule. In FY... Read more
25-Feb-2014Source: Amur Finance
Amur Finance Company, Inc. (AFC) is pleased to announce the formation of a new subsidiary, Amur Helicopter Financial Services (Amur HFS). Amur HFS will address an unfilled need in the marketplace by offering a complete suite of integrated Fleet Management Solutions to the global rotor-wing market. The newly formed Amur HFS offers a broad range... Read more
22-Feb-2014Source: Ex-Im Bank
Today the Export-Import Bank of the United States (Ex-Im Bank) announced it has topped $1 billion in support of American-made business-aircraft and helicopter financings since the beginning of FY 2012. In a deal that drove recent business-aircraft and helicopter financings over the $1 billion mark and supported approximately 2,100 American jobs, the Bank’s board approved a guarantee of a $300 million loan extended... Read more
13-Nov-2013Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced that it has closed on a five year US$335 million revolving credit facility that includes the ability to draw euro denominated loans and also includes an unfunded revolving accordion feature to expand the borrowing capacity up to US$550 million. The facility will... Read more
24-Oct-2013Source: First West Capital
For the past 27 years, British Columbian residents and tourists alike have likely heard of, or used Helijet, a locally based and operated aviation company that offers regularly scheduled flights between Vancouver and Victoria. Since its establishment, Helijet has steadily grown its business and recently they sought out the expertise and funding from First West... Read more
1-Oct-2013Source: HAI
HAI President Matt Zuccaro was the keynote speaker recently at a conference for investment bankers, financial lenders, helicopter leasing companies and government agencies, looking at the health of the industry and its value as a marketplace for investment capital. Zuccaro told the audience that the helicopter industry is doing well and talked about the continued... Read more
29-Aug-2013Source: HAI
The HAI Financing and Leasing Committee works to educate operators on the intricacies of the financing and leasing of helicopters and educates lending and financial institutions on helicopter operations and the efficacy of using helicopters as collateral. The committee is in the planning stages for its full-day seminar, to be held at HAI HELI-EXPO 2014... Read more
28-Aug-2013Source: Helibras
Helibras will present to the public the Interseg – fair aimed to public safety that happens in RioCentro 18-20 of August, new funding possibilities for purchase of helicopters by state governments. According to François Arnaud, Vice President Sales and Marketing Helibras, it Finame, long-term financing of the Banco Nacional de Desenvolvimento Economico e Social (BNDES)... Read more
8-Aug-2013Source: Milestone Aviation Group
Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on a five-year, US$600 million revolving credit line that includes an unfunded revolving accordion feature to expand the borrowing capacity up to US$750 million. This revolver represents the largest-ever debt facility for a helicopter lessor and will be used to... Read more
31-Jul-2013Source: Milestone Aviation
Milestone Aviation Group, the global leader in helicopter leasing, announced today that it is financing the delivery of a Eurocopter EC225 to Blueway Offshore Norge AS, a subsidiary of Blueway AS. The Norwegian registered aircraft will be used for crew change missions to offshore oil and gas platforms in the North Sea. The European delivery... Read more
13-Jun-2013Source: Helitech International
Building upon the resounding success of the conference held back in September 2011, Helitech International (formally Helitech) has firmly laid down its intentions and commitment to create a truly international rotorcraft event by addressing key issues during its three day conference. Taking place at ExCeL, London between 24 – 26 September, the conference will run alongside... Read more
4-Jun-2013Source: Ex-Im Bank
The Export-Import Bank of the United States (Ex-Im Bank) is providing a $187.4 million guarantee of a capital-markets bond to finance the export of Sikorsky S-92® helicopters to The Milestone Aviation Group Ltd. of Dublin, Ireland. The transaction is Ex-Im Bank’s largest financing of U.S.-manufactured commercial helicopter exports and the agency’s first support of these... Read more
1-May-2013Source: LCI
Lease Corporation International’s (LCI) helicopter division took off this week with its first delivery of a new AW139 helicopter to Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider of mission critical services. The... Read more
14-Mar-2013Source: Corporate Jet Investor
Asia: Where are we now and which way is the market going? Where is everyone flying and what aircraft are they using? Are the region’s aircraft flying less than in the US or Europe? How quickly has China really grown and can it keep going at this speed? How much is infrastructure slowing down growth?... Read more
17-Feb-2013Source: UTair
[electronic translation] OJSC “Airline” UTair ” (UTair Aviation) and JSCB “Svyaz-Bank” accomplished the first deal to refinance the acquisition of three Mi-8AMT with CJSC «REGION Leasing” (part of the group of companies “regions”). “This transaction marked the beginning of our cooperation with Communication-Bank. Due to favorable financing conditions, we were able to significantly reduce the company’s costs to... Read more
13-Feb-2013Source: HAI
Now that you have selected what helicopter to acquire, how do you decide whether to lease it, finance it, or purchase it for cash? “The Nutz and Boltz of Financing or Leasing Your Helicopter – How it Really Works!” interactive seminar, designed by HAI’s Finance & Leasing Committee, answers this question by explaining the “dos... Read more
21-Nov-2012Source: Hawke Aerospace
Hawke Aerospace announces the closing of a new revolving credit facility provided by Gibraltar Business Capital, based in Northbrook, Illinois. Hawke Aerospace is the parent company of helicopter maintenance provider Uniflight, air medical operator Keystone Med-Flight and Aviation Services Unlimited, which provides tactical airlift services primarily to law enforcement agencies and utility companies. On a... Read more
19-Nov-2012Source: HeliHub.com
PremiAir Aviation has gone through a change of ownership in recent days, and a formal press release is expected very soon. However, part of the changes have involved the repossession of at least four aircraft, including three Sikorsky S76s and a Twin Squirrel which departed from their base at Blackbushe last week by road. Industry... Read more
30-Oct-2012Source: SkyBOOKS
SkyBOOKS, Inc., a Textron Inc. (NYSE: TXT) company, and affiliate of Bell Helicopter, announced at the National Business Aviation Association (NBAA) annual meeting and convention the launch of its new finance risk mitigation tool, the Portfolio Risk Manager. The Portfolio Risk Manager allows finance and leasing companies to proactively mitigate and manage portfolio risk while... Read more
29-Oct-2012Source: Ex-Im Bank
The board of the Export-Import Bank of the United States (Ex-Im Bank) authorized more than $50 million to guarantee a loan extended by Apple Bank to Aeroservicios Especializados S.A. DE C.V. (ASESA) of Mexico that will finance the export of a fleet of Sikorsky S-76D™ helicopters to Mexico. Ex-Im Bank’s credit will support approximately 450 U.S. jobs, according to bank estimates derived from... Read more
14-Aug-2012Source: Milestone Aviation Group
Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on a series of debt facilities totalling US$400 million. The company will use the proceeds to support its partners and provide additional liquidity to the global helicopter market. “These are important milestones for our company,” said Richard Santulli, Milestone’s Chairman.... Read more
30-Jul-2012Source: UTair
UTair Aviation has attracted financing from British bank HSBC on a security of French insurance agency COFACE. The deal presupposes delivery of 19 new Eurocopter AS 350/355 helicopters. The airline already operates five helicopters of this type. By the end of 2012 UTair will operate another four helicopters, while in 2013 the airline will take... Read more
15-May-2012Source: Ex-Im Bank
The Export-Import Bank of the United States (Ex-Im Bank) has approved a guarantee of a $350 million loan facility to provide the funds to assist Textron Inc. in financing the exports by two of its companies, Cessna Aircraft Company and Bell Helicopter Textron. The guaranteed lender is PNC Bank in Pittsburgh, Pa. The Ex-Im Bank-guaranteed... Read more
15-May-2012Source: Ex-Im Bank
U.S. manufacturers of business aircraft and helicopters will benefit from a new process to assess credit risks and expedite foreign-buyer financing from the Export-Import Bank of the United States (Ex-Im Bank). Ex-Im Bank will work with qualified industry experts to perform due diligence and credit analysis to facilitate the Bank’s support for U.S. business-aircraft exports. The announcement was... Read more
19-Mar-2012Source: Shell Nigeria
Shell companies in Nigeria have supported an indigenous company, Caverton Helicopters, to upgrade its fleet with more advanced aircraft, the AW 139. By providing a loan of $85 million, Shell Nigeria empowered Caverton to place orders for six AW 139s, making it the largest operator of the aircraft in Sub-Saharan Africa. Two aircraft would be... Read more
18-Mar-2012Source: Eurocopter Canada
“We are confident that the partnership with HS Capital will give Eurocopter owners and operators financing options that can assist customers with business opportunities today and in preparation for future contracts,†cited Guy Joannes, President and CEO of Eurocopter Canada Limited. The key appeal of HS Capital’s approach is being able to quickly establish a... Read more
2-Feb-2012Source: Corporate Jet Investor
The second annual International Corporate Jet and Helicopter Finance Conference will play host to some 200 delegates and speakers from the global aviation industry next week (7-8th February). Organised by Corporate Jet Investor, this event. to be held at The Hilton, London Tower Bridge, is growing in significance given that that 70% of all business... Read more
21-Dec-2011Source: HAI
The HAI Finance & Leasing Committee is pleased to present its first full-day interactive workshop, “Best Practices When Acquiring & Operating Helicopters,†for HELI-EXPO® attendees on Sat, Feb. 11, 2012 at the Dallas Convention Center, Dallas, Texas from 8:30 a.m. to 4:00 p.m. This full-day, interactive workshop is designed to provide helicopter professionals, managers and... Read more
20-Dec-2011Source: Corporate Jet Investor
Corporate Jet Investor is launching its own excellence awards to recognise outstanding ability and achievement in the field of business jet and helicopter financing/lending during 2011. To be announced during the second annual International Corporate Jet & Helicopter Finance Conference in London on 7 February, these awards will recognise individuals and organisations that have demonstrated outstanding skill during... Read more
29-Nov-2011Source: Stirling Square
Stirling Square Capital Partners [“Stirling Squareâ€], the pan-European private equity firm focused on transformational cross-border transactions, today announced a €40m growth capital investment into Portugal-based Omni Helicopters International S.A. [“Omni†or “the Company”]. Based in Lisbon, Omni is the helicopter services specialist that was recently de-merged from the broader aviation group Omni Aviação SGPS S.A.;... Read more
29-Nov-2011Source: Gates & Partners
The UK headquarters of leading international lawyers Gates & Partners, which focuses specifically on aviation law, has this month launched a new set of initiatives to support the industry’s understanding of complex legal and regulatory issues within the aviation sector. The latest event was held in early November and aimed to bring banks and insurance... Read more
14-Oct-2011Source: AAR
AAR Corp announced today that it has amended its senior, unsecured credit agreement. The amendment increases the initial limit under the facility from $400 million to $580 million, and can be increased to $680 million under certain circumstances.  All pricing terms under the agreement were left unchanged and certain covenants under the facility were modified to provide the Company greater... Read more
29-Sep-2011Source: Milestone
CHC Helicopter, the world’s largest helicopter-services company, and Milestone Aviation Group, a leading global helicopter leasing company, today announced the commencement of a significant new financing relationship. The companies have agreed to terms on the sale-leaseback of five aircraft: two Sikorsky S92 and three Eurocopter AS332L2. The first part of the transaction valued at over... Read more
29-Sep-2011Source: Corporate Jet Investor
Paul Jebely, head of aviation finance Asia and Africa at Clyde & Co, was the chairman on day two of Corporate Jet & Helicopter Finance Asia 2011. He closed the conference saying: “I now have the privilege of closing the first ever Corporate Jet & Helicopter Finance Asia conference. What happened here was important. A... Read more
19-Jul-2011Source: Ex-Im Bank
WASHINGTON, D.C. — Sikorsky Aircraft Corp. in Stratford, Conn., will export a new S-92 helicopter to Lider Aviação, the largest air-taxi service company in Brazil, with the support of a long-term loan guarantee of approximately $18 million from the Export-Import Bank of the United States (Ex-Im Bank). The guaranteed lender is the Private Export Funding... Read more
11-Feb-2011Source: HAI
The HAI Finance and Leasing Committee will be presenting its first full-day interactive workshop for HELI-EXPO 2011 attendees on Saturday, March 5 at the Orange County Convention Center in Orlando, Fla. from 9:00 a.m. to 4:30 p.m. The workshop is limited to 50 participants and is free for HAI members. Led by Dick Minot, program... Read more
6-Jan-2011Source: HeliHub.com
ONGC, the Oil and Natural Gas Corporation of India, is increasing its shareholding in helicopter operator Pawan Hans with a cash injection of Rs96 crore – 960 million rupees – equivalent to US$21.2M. This takes the ONGC shareholding from 21% to 49% in the state-owned helicopter operator. Given this as the value of 28% would... Read more
1-Dec-2010Source: Bristow Group
Bristow Group Inc. (NYSE: BRS) announced today that it has entered into a $375 million senior secured credit facility, replacing the Company’s existing bank credit facilities and providing funds to redeem a portion of Bristow’s senior notes. The new credit facility includes a five-year, $175 million revolving credit facility and a five-year, $200 million term... Read more
29-Nov-2010Source: HeliHub.com
Gulf Helicopters, an associate company of Qatar Exchange-listed Gulf International Services “GIS”, has secured a loan of 109 million Riyals from Union National Bank Qatar. This is equivalent of around 30 million US Dollars. The loan comes with a flexible facility to fund the company’s ongoing development. HE Abdullah bin Hamad al-Attiyah, Deputy Premier and... Read more
8-Nov-2010Source: Telegraph
Bond Aviation has hired advisers to look at strategic options for the business, said sources. The family-owned company is understood to be interested in selling 30 to 60% to expand... Read more
7-Oct-2010Source: Milestone Aviation Group
Milestone Aviation Group, the first global specialty finance company focused exclusively on the helicopter and private jet markets, today announced that it has closed its first transaction with Omni Taxi Aereo of Brazil. Milestone is providing 100% lease financing to Omni to allow the Brazilian operator to add two new Sikorsky 76C++ to their growing... Read more
5-Aug-2010Source: Milestone Aviation Group
SUMMARY: Chairman is Richard Santulli, founder of private jet fractional ownership, NetJets, RTS Helicopters Unique focus provides much-needed lease financing to helicopter and private jet communities Secures US$500 million of equity capital Milestone Aviation Group, the first global specialty finance company focused exclusively on the helicopter and private jet markets, today announced that it has... Read more
2-Jun-2010
Refers to event of 14th April, web filed 1st June by Carter Carter Aviation Technologies, LLC (Carter) of Wichita Falls, TX is announcing that they have completed negotiations with the Wichita Falls Economic Development Corporation (WFEDC) on a $4 million job incentive program. The final agreement was signed on April 14, 2010 by Jay Carter,... Read more
28-May-2010Source: Conklin & de Decker
Conklin & de Decker Associates, Inc and the National Air Transportation Association (“NATAâ€) are pleased to announce they will continue to cohost this year’s Commercial Operators Tax Seminar (“Tax Seminarâ€) that will be held in Indianapolis, Indiana on August 17-18, 2010. Unique from other tax seminars and workshops, the Conklin & de Decker and NATA... Read more
25-May-2010Source: HeliHub.com
Brazil’s Banco Nacional de Desenvolvimento Economico e Social (BNDES) has extended its “FINAME” finance offering until the end of the year for the purchase of AS350 helicopters from local manufacturer Helibras. FINAME is short for Financiamento para Aquisição de Máquinas e Equipamentos Industriais, literally “Financing for Acquisition of Industrial Machinery and Equipment”. This line of... Read more
27-Apr-2010Source: Eurocopter
Marignane, 27 April 2010 In answer to the economical crisis and the evolution of the helicopter market, Eurocopter has decided to accelerate its SHAPE improvement program. The company intends to invest between 2010 and 2014 more than 1.3 Billion € in self-funded Research & Development, after having doubled its annual self-funded research and development budget... Read more
27-Mar-2010Source: Conklin & de Decker
If you are one of the lucky/smart ones to be looking at acquiring an aircraft, you may be evaluating whether to lease or buy the aircraft outright (cash or a loan). If you are considering the lease option, evaluate it carefully. In a lease, the owner (lessor) allows another the use of an aircraft for... Read more
22-Feb-2010Source: Bell
Bell Helicopter Finance Group, is pleased to offer Bell Helicopter customers new, attractive financing of their helicopter acquisitions that are completed in the first half of 2010. “Restrictions on the availability of credit in the last year have made it difficult for customers throughout aviation to complete the acquisition of ordered aircraft and to place... Read more
30-Jan-2010Source: FlightGlobal
Eurocopter may have to radically alter the design of its proposed X4 civil helicopter – potentially limiting use of green technologies – if the French government denies an application for financial support... Read more
25-Jan-2010Source: HAI
Committee Vice Chairman Chuck McGuire, will lead an interactive panel of industry experts, including Committee Chair Sharon Desfor, Jim Pulie, Dick Minot, and Ed Eckhart to address the issue of the Global Economy and its impact on the helicopter industry, issues impacting the financial reporting of the industry, and “What’s Hot and What’s Not” in... Read more
11-Jan-2010Source: AeroBuzz
Entering a new investor in the capital of the manufacturer Cabri G2 is a breath of fresh air for Bruno Guimbal faces the inevitable difficulties associated with the rise of mass production.... Read more
11-Oct-2009Source: Wall St Journal
European Aeronautic Defence & Space Co NV’s (EAD.FR) chief executive has appealed to French parliamentarians for funding from a planned state loan to finance research and development into future generations of helicopters, it was revealed Friday.... Read more
30-Sep-2009Source: Vector Aerospace
The special committee of independent directors formed in response to the IMP Group proposal does not believe that the partial insider bid, as currently proposed by IMP Group, is in the best interest of the Corporation... Read more
25-May-2009Source: Ex-Im Bank
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