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Milestone places €200 million firm order with Airbus Helicopters for H135, H145 and H175

Milestone places €200 million firm order with Airbus Helicopters for H135, H145 and H175

Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today a €200 million firm order with Airbus Helicopters including H145, H135 and H175 helicopters. Delivery of the aircraft on order is scheduled to begin in mid-2017 with deployment into emergency medical service and other parapublic segments. Milestone’s current helicopter fleet includes over… Read more »

Source: Airbus, 07-Mar-17

Milestone lease AW169 to HeliKorea

Milestone lease AW169 to HeliKorea

Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has leased a Leonardo AW169 to HeliKorea to accelerate its expansion into Emergency Medical Services (EMS) operations in South Korea. The helicopter was sourced from Milestone’s order book with the manufacturer. “We are excited to begin this new partnership with… Read more »

Source: Milestone Aviation, 07-Mar-17

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Babcock set to return two UK AW139s to lessor

Babcock set to return two UK AW139s to lessor

Babcock Mission Critical Services Offshore is preparing to return two AgustaWestland AW139 helicopters to lessor Era Helicopters.  Registered G-PERA and G-PERB were imported to the UK in full Era colours in March 2011, and shortly after were repainted to the traditional red Bond Offshore Helicopters scheme – as the company was known at that time. … Read more »

Source: HeliHub.com, 02-Feb-17

Ontario Provincial Police Lease SAR Helicopter

Ontario Provincial Police Lease SAR Helicopter

Ontario Provincial Police now have access to a helicopter to use in the Thunder Bay area for police and search and rescue missions. They entered into a six-month leasing contract in November with the Ministry of Natural Resources and Forestry, reports TB News Watch. They have used the Ministry’s helicopters in the past and because… Read more »

Source: HeliHub.com, 31-Jan-17

Waypoint sees market recovery with Improved demand for helicopters

Waypoint sees market recovery with Improved demand for helicopters

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today published its ‘January 2017 Oil Report,’ which reflects positive fundamental shifts in the market. Ian Gurekian, Chief Risk Officer of Waypoint said, “As highlighted in our recent Oil Report, sentiment shifted in the oil and gas market in the fourth quarter of… Read more »

Source: Waypoint, 30-Jan-17

Leasing company signs for 27 helicopters

Leasing company signs for 27 helicopters

Russian Helicopters has recently signed a contract for 27 new helicopters from GTLK State Transport Leasing Company. The contract includes 10 Mi-8MTV-1 variants, 13 Mi-8AMTs and 4 Ansats. The Mi-8/17 helicopters have proven to be the best selling, being able to fly in temperatures from -50C to +50C, reports Russian Aviation Insider.  

Source: HeliHub.com, 09-Dec-16

Australia – Milestone to Lease AW139 to LifeFlight

Australia – Milestone to Lease AW139 to LifeFlight

Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has recently leased a new, EMS equipped Leonardo AW139 helicopter to LifeFlight (formerly known as CareFlight) to support emergency medical services (EMS) and search and rescue (SAR) missions in Queensland, Australia. “We are delighted… Read more »

Source: Milestone Aviation, 25-Oct-16

Parilease asks Avinco to manage 21 ex CHC EC225s

Parilease asks Avinco to manage 21 ex CHC EC225s

Helicopter marketing company Avinco has been asked to recover, manage and remarket a fleet of EC225s previously operated by CHC following the operator’s filing for Chapter 11.  Avinco report that they have already completed a “lengthy and complex” initial phase consisting of centralising 21 machines spread about the world to one European location.  HeliHub.com research… Read more »

Source: HeliHub.com, 20-Oct-16

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Milestone gets in bed with CHC

Milestone gets in bed with CHC

CHC Group (the “Company” or “CHC”) (OTC Pink Sheets: HELIQ) today announced that it has entered into a plan support agreement (the “PSA”) with respect to the terms of a chapter 11 plan of reorganization (the “Plan”). The PSA contemplates a comprehensive recapitalization of the Company that will provide $300 million in new capital from… Read more »

Source: CHC, 12-Oct-16

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LCI appoints new EMEA Marketing leader

LCI appoints new EMEA Marketing leader

Lease Corporation International (LCI), the aviation division of the Libra Group, has appointed Christopher Grainger to the role of Vice President Marketing for the EMEA region. Mr Grainger joins LCI with 30 years’ experience in the civil helicopter industry, and was previously Vice President of Oil & Gas Sales for Airbus Helicopters. During his career,… Read more »

Source: LCI, 05-Sep-16

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Waypoint leases AS350B3 to Calquin Helicopters in Chile

Waypoint leases AS350B3 to Calquin Helicopters in Chile

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a lease agreement with Calquin Helicopters S.A. (“Calquin”), a wholly owned subsidiary of Grupo FAASA (“FAASA”), for one Airbus AS350 B3 helicopter, which will transition from firefighting operations in Europe to high altitude utility missions in the… Read more »

Source: Waypoint, 30-Aug-16

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Waypoint leases pre-owned AW139 to Canadian EMS operator

Waypoint leases pre-owned AW139 to Canadian EMS operator

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has acquired a pre-owned AW139 in EMS configuration on the open market and placed it on long-term lease to Ornge in support of EMS operations in Ontario, Canada. The aircraft is additional to Waypoint’s current AW139 fleet and order… Read more »

Source: Waypoint, 30-Aug-16

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Waypoint places two ex-CHC AW139s in Africa and Asia

Waypoint places two ex-CHC AW139s in Africa and Asia

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it will place two AW139 helicopters with new customers in Africa and Asia, respectively. The aircraft are currently being returned from CHC and will be re-deployed with the new customers in support of oil and gas operations. Waypoint also announced… Read more »

Source: Waypoint, 03-Aug-16

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Waypoint confirmed as lessor of VNH South AW189

Waypoint confirmed as lessor of VNH South AW189

The following press release from Waypoint follows this story from VNH South which we ran last week Waypoint Leasing announced that it has closed a lease agreement with Southern Vietnam Helicopter Company (“VNH South”), for one AW189 helicopter, which will support Premier Oil offshore operations from Vung Tau, Vietnam. Philip Stransky, Waypoint’s Vice President, Sales… Read more »

Source: AgustaWestland, 12-Jul-16

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Waypoint places two new S-92s

Waypoint places two new S-92s

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has placed two new Sikorsky S-92s on lease with a global helicopter operator. Waypoint also announced today that it has successfully re-leased 16 aircraft with legacy operators, further demonstrating continued global demand for certain medium and heavy aircraft. Clark… Read more »

Source: Waypoint, 24-Jun-16

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Waypoint increases revolving credit facility by $37M

Waypoint increases revolving credit facility by $37M

Waypoint Leasing (Ireland) Limited (“Waypoint”), today announced that it has closed a revolving credit facility led by the Specialty Finance Lending unit of KeyBank, N.A. This facility provides additional revolving capacity to increase Waypoint’s total revolving credit facility commitments by $37 million to $575 million.  The company will use the proceeds of this transaction to… Read more »

Source: Waypoint, 11-May-16

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CHC to cut fleet by 90 by mid July

CHC to cut fleet by 90 by mid July

An official court-filed statement provides a lot more information about the situation at CHC.  It was filed by Michael B Cox, Global Head of Seabury’s Corporate Advisory Services.  Seabury was retained by CHC Group and each of the other debtors (collectively, the “Debtors”) in early 2016 to provide strategic business advice with respect to restructuring… Read more »

Source: HeliHub.com, 11-May-16

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Waypoint closes $100 million term loan facility

Waypoint closes $100 million term loan facility

Waypoint Leasing (Ireland) Limited has closed on a $100 million term loan facility led by Lombard North Central Plc. The facility has a maturity of approximately six years and provides for USD, EUR and GBP funding capacity on a delayed draw basis. The company will use the proceeds of this transaction to refinance certain aircraft… Read more »

Source: Waypoint, 19-Apr-16

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VNH South leases out two Mi-172s for operations in Indonesia

VNH South leases out two Mi-172s for operations in Indonesia

On 1st March 2016, at Vungtau airport, Southern Vietnam Helicopter Company (VNH South) signed two Mi-172 helicopters wet lease contract with Komala Indonesia for passenger, cargo transport and fire fighting in Indonesia. The contract lasts 6 months, starting from 15th April 2016. This is the first time VNH South provides a full package including aircraft,… Read more »

Source: VNH South, 14-Apr-16

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DRF completes sale and leaseback of two EC135s with Waypoint

DRF completes sale and leaseback of two EC135s with Waypoint

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a multi-aircraft agreement with DRF Luftrettung (“DRF”), one of the largest non-profit air rescue services in Germany, for the purchase and leaseback of two Airbus H135P2 helicopters. Both helicopters will operate in Germany, supporting civilian emergency medical… Read more »

Source: Waypoint, 06-Mar-16

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Waypoint Leasing Surpasses $1.5 Billion in Helicopter Assets

Waypoint Leasing Surpasses $1.5 Billion in Helicopter Assets

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced at Helicopter Association International’s Heli-Expo that the company has officially surpassed $1.5 billion in total helicopter assets. Waypoint’s fleet, comprised of a diverse mix of assets ranging from light-twin to heavy helicopters, now includes more than 120 aircraft. Additionally, Waypoint has… Read more »

Source: Waypoint, 04-Mar-16

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LCI touches down at HAI Heli-Expo 201

LCI touches down at HAI Heli-Expo 201

LCI, the aviation leasing arm of the Libra Group, touches down at this year’s HAI Heli-Expo with a fleet of 21 helicopters in service, and expects to double this number before the end of 2016. LCI grew extensively in 2015, introducing the AW189 into service in its fleet alongside the AW139. Throughout the year, it… Read more »

Source: LCI, 02-Mar-16

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Bristow sells three AW139s to Waypoint on leaseback

Bristow sells three AW139s to Waypoint on leaseback

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a multi-aircraft agreement with Bristow Group Inc. (“Bristow”) for the purchase and leaseback of three AgustaWestland AW139 helicopters. All three helicopters will operate offshore in crew change and limited Search and Rescue roles, on long-term contract in… Read more »

Source: Waypoint Leasing, 01-Mar-16

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Meridian Helicopters to lease Bell 206L4 to Nicaraguan operator

Meridian Helicopters to lease Bell 206L4 to Nicaraguan operator

Looking to international markets for additional lease customers, Meridian Helicopters provided a Bell 206L4 to a Nicaraguan private operator in the first quarter of 2016. Terms include an option to purchase the aircraft or renew after two years. “Our entrance into international leasing markets has been a long thought out approach” comments Michael Bashlor –… Read more »

Source: Meridian Helicopters, 29-Feb-16

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Waypoint to open offices in Australia and South Africa

Waypoint to open offices in Australia and South Africa

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced the opening of two new regional offices, covering the company’s operations in Australia and Africa/The Middle East, respectively. Waypoint’s Australia office, located in Brisbane, will be launched in April 2016 and led by Waypoint executive Chris Wakefield. Establishing the office will… Read more »

Source: Waypoint Leasing, 16-Feb-16

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New Managing Director at Lobo Leasing joins from LCI

New Managing Director at Lobo Leasing joins from LCI

Lobo Leasing, a leading global helicopter leasing company, announced the addition of Mark Kelly as Executive Vice President and Managing Director of Lobo Leasing Ltd. to lead its global headquarters in Dublin and report to Lobo CEO, Bill Wolf. Kelly has a wealth of experience in the rotor industry and in building and managing highly… Read more »

Source: Lobo Leasing, 12-Jan-16

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Omni does sale and leaseback deal with Waypoint

Omni does sale and leaseback deal with Waypoint

Waypoint Leasing have announced that they have closed on a multi-aircraft agreement with Omni Helicopters International S.A. (“OHI”), a strategic partnership between Stirling Square Capital Partners and Omni Group.  The aircraft are operating for Omni Taxi Aereo (OTA), Brazil’s largest helicopter service operator to the offshore industry by fleet size.   All aircraft operate in support… Read more »

Source: HeliHub.com, 15-Dec-15

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JSSI launches Asset Monitoring Platform to Aircraft Finance Community

JSSI launches Asset Monitoring Platform to Aircraft Finance Community

Jet Support Services, Inc. (JSSI), the leading provider of hourly cost maintenance programs for the business aviation industry, announced the launch of its new Asset Monitoring Platform (AMP) today.   Developed specifically for business aircraft lenders, JSSI is offering this unique web-based platform as a complimentary service to assist financial institutions with the management of… Read more »

Source: JSSI, 19-Nov-15

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Abu Dhabi Aviation commits to 15 AW helicopters by 2019

Abu Dhabi Aviation commits to 15 AW helicopters by 2019

AgustaWestland announced today that Abu Dhabi Aviation (ADA)has agreed to acquire 15 helicopters from the AW Family, comprising the AW169 light intermediate, AW139 intermediate and AW189 super medium twin types. The aircraft are scheduled to be delivered from 2016 through to 2019 and will be used for a variety of missions, including offshore transport. ADA… Read more »

Source: AgustaWestland, 11-Nov-15

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Waypoint Leasing Expands Unsecured Revolving Credit Facility

Waypoint Leasing Expands Unsecured Revolving Credit Facility

Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has expanded and extended its unsecured revolving credit facility through the addition of Deutsche Bank AG and Goldman Sachs Bank USA as lenders to the existing co-leads, SunTrust Robinson Humphrey, Inc. and MUFG Union Bank, N.A. The company will use the… Read more »

Source: Waypoint Leasing, 22-Oct-15

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LCI signs China deal with CM International Financial Leasing

LCI signs China deal with CM International Financial Leasing

LCI, the aviation leasing arm of the Libra Group, has signed a cooperation agreement with CM International Financial Leasing Corp., Ltd (CMIFL). LCI, which has a fleet of 90 ordered and delivered AgustaWestland and Airbus helicopters, has chosen CMIFL as the partner to help it grow in the burgeoning helicopter leasing market in China. CMIFL,… Read more »

Source: LCI, 14-Oct-15

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LCI finalises $200M long-term debt facilities

LCI finalises $200M long-term debt facilities

LCI, the aviation leasing arm of the Libra Group, has finalized two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to support LCI’s recent multi-year agreement to lease four new AgustaWestland AW139 helicopters to Australia’s Westpac Rescue Helicopter… Read more »

Source: LCI, 09-Oct-15

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Waypoint to acquire 20 Airbus H135

Waypoint to acquire 20 Airbus H135

Airbus Helicopters and Waypoint Leasing (Ireland) Limited, the largest independent global helicopter leasing company, announced today that Waypoint has agreed to acquire up to 20 Airbus H135 aircraft over the next three years. Waypoint is the first lessor to acquire and lease the H135, and currently owns 25 Airbus aircraft in its global fleet. The… Read more »

Source: Airbus, 08-Oct-15

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Helitech opens with only three manufacturers present

Helitech opens with only three manufacturers present

Helitech International, the world’s third largest dedicated helicopter trade show (after Heli-Expo and Heli-Russia) opens today with just three manufacturers booking space on the show floor. AgustaWestland, Airbus Helicopters and Bell are the only manufacturers with floor space, with Sikorsky conspicuous by its absence despite being one of the four manufacturers who reportedly insisted on… Read more »

Source: HeliHub.com, 06-Oct-15

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LCI touches down at Helitech

LCI touches down at Helitech

LCI, the aviation leasing arm of the Libra Group, will be exhibiting at this year’s Helitech International 2015, Europe’s largest rotorcraft exhibition.  LCI are at stand E10 With 21 countries represented, Helitech International provides an opportunity for LCI to engage with customers and partners, and showcase the latest developments at the company which is taking… Read more »

Source: LCI, 02-Oct-15

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Lobo Leasing hires offshore veteran as Technical Director

Lobo Leasing hires offshore veteran as Technical Director

Lobo Leasing, a leading global helicopter leasing company, announced the addition of Stuart Jackson, Technical Director, to its global headquarters in Dublin. Jackson brings a wealth of technical and operations expertise with over 35 years in the aviation business in both commercial and parapublic. Jackson has held senior management positions with major helicopter and fixed… Read more »

Source: Lobo Leasing, 29-Sep-15

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LCI Leasing appoints new Sales & Marketing VP for the Americas

LCI Leasing appoints new Sales & Marketing VP for the Americas

LCI, the aviation leasing arm of the Libra Group, has hired Malcom MacGregor to the new role of Vice President Sales and Marketing, Americas. Mr MacGregor recently joined LCI with over 20 years’ experience in the aviation sector. He was previously Milestone Aviation Group’s Vice President of Sales – Europe, Middle East, India & Africa…. Read more »

Source: LCI, 29-Sep-15

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Pacific Helicopters leases EC145 from Waypoint

Pacific Helicopters leases EC145 from Waypoint

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, announced that it has placed the first of its Airbus H145 orders on lease with Pacific Helicopters Ltd. (“Pacific”), a leading provider of helicopter services in Papua New Guinea and throughout the Asia-Pacific region. Ed Washecka, CEO of Waypoint Leasing, said, “This transaction… Read more »

Source: Waypoint Leasing, 29-Sep-15

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Chinese leasing company signs for 100 H125/H130s over five years

Chinese leasing company signs for 100 H125/H130s over five years

CM International Financial Leasing Corp., Ltd. (CMIFL) is to acquire 100 Airbus Helicopters Ecureuil-series rotorcraft over five years, with the initial order of 10 units to be delivered in 2016. CMIFL plans to offer these light single-engine helicopters to operators complete with financing solutions, paving the way for easier and faster development of China’s burgeoning… Read more »

Source: Airbus, 09-Sep-15

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Waypoint Leasing Closes $200 Million Inaugural Capital Markets Financing

Waypoint Leasing Closes $200 Million Inaugural Capital Markets Financing

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 »

Source: Waypoint Leasing, 09-Sep-15

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Oceania Aviation launches Finance and Leasing division

Oceania Aviation launches Finance and Leasing division

Oceania Aviation headquartered in Auckland, New Zealand has announced an innovative Aircraft Financing instrument to support Helicopter Operators anywhere on the planet. For years Oceania co-owner and Director Josh Camp noted that helicopter operators and financiers always approached funding from totally different perspectives. “As the leading provider of helicopter sales and support in Australasian region,… Read more »

Source: Oceania Aviation, 01-Sep-15

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Waypoint Leasing to open Rio de Janeiro office in January

Waypoint Leasing to open Rio de Janeiro office in January

Waypoint Leasing (Ireland) Limited (“Waypoint Leasing”), the largest independent global helicopter leasing company, today announced the opening of its Latin American office in January 2016, which will be headed by Waypoint Leasing executive, Steffen Bay.  Waypoint Leasing’s Latin American office, which will be located in Rio de Janeiro, will further bolster the firm’s presence across… Read more »

Source: Waypoint Leasing, 13-Aug-15

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Lider does sale and leaseback on S92 with Waypoint Leasing

Lider does sale and leaseback on S92 with Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent helicopter lessor, announced that it has closed its second transaction with Lider Taxi Aereo S/A (“Lider”), the leading provider of helicopter services to the Brazilian offshore energy industry. The transaction included the purchase and leaseback of a Sikorsky S-92 helicopter, which will operate in support of offshore… Read more »

Source: Waypoint, 11-Aug-15

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Lobo Leasing opens Rio de Janeiro office

Lobo Leasing opens Rio de Janeiro office

Lobo Leasing, a leading global helicopter leasing company, announced the launch of a Latin America office in Rio de Janeiro, Brazil, led by newly appointed Business Development professional, Gustavo Semeraro. With the opening of the new base, Lobo Leasing becomes the first helicopter leasing company to establish an office in Latin America. From the location,… Read more »

Source: Lobo Leasing, 11-Aug-15

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Offshore Helicopter Leasing – an Existential Risk?

Offshore Helicopter Leasing – an Existential Risk?

The recent announcement by the Bristow Group that 130 jobs are at risk in the UK Sector of the North Sea is an ugly enough headline for an industry that, up until 12 months ago, couldn’t get enough pilots to fill helicopter cockpits around the world. But underlying that announcement, the structural effects on the… Read more »

Source: Nova Systems, 28-Jul-15

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LCI completes world’s first Islamic-structured PDP helicopter financing

LCI completes world’s first Islamic-structured PDP helicopter financing

LCI, the aviation leasing arm of the Libra Group, has completed the world’s first secured helicopter PDP (“Pre-Delivery Payment”) funding under a unique Islamic finance structure. The innovative multi-year financing arrangement by LCI’s helicopter leasing division, LCI Helicopters, initially covers over US$250 million worth of Airbus Helicopters assets. Bank of London and the Middle East… Read more »

Source: LCI, 24-Jul-15

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Milestone signs LOI for 20 Bell 525s

Milestone signs LOI for 20 Bell 525s

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and gas,… Read more »

Source: Bell, 15-Jun-15

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Milestone orders up to 28 Airbus H175s

Milestone orders up to 28 Airbus H175s

Airbus Helicopters, a division of Airbus Group, and Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that Milestone has increased its combined orders and options to a total of 28 H175s, the largest order for Airbus’ new super-medium-lift twin-engine rotorcraft. “We have full confidence in… Read more »

Source: Airbus Helicopters, 15-Jun-15

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Era Group reports FY 2015 Q1 results

Era Group reports FY 2015 Q1 results

 Era Group Inc. (NYSE: ERA) today reported break-even net earnings for its first quarter ended March 31, 2015 (“current quarter”) on operating revenues of $67.4 million. Net income for the quarter ended March 31, 2014 (“prior year quarter”) was $4.4 million, or $0.22 per diluted share, on operating revenues of $79.4 million. Earnings before interest,… Read more »

Source: Era Group, 06-May-15

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LCI to lease second new AgustaWestland AW139 to HeliService

LCI to lease second new AgustaWestland AW139 to HeliService

LCI Helicopters, the helicopter leasing arm of the Libra Group, has entered into an agreement to lease a second new AgustaWestland AW139 to HeliService international, a leading provider of offshore services in the North Sea and Baltic regions, as it continues with its expansion plans. The new aircraft will be delivered in March and will… Read more »

Source: LCI Helicopters, 06-Mar-15

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CHC Global Head of Aviation Financing to Join Waypoint

CHC Global Head of Aviation Financing to Join Waypoint

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that Clark McGinn, Global Head of Aviation Financing at CHC Leasing, will join Waypoint as Senior Vice President of Sales in the second quarter of 2015. Mr. McGinn will be responsible for leading the Company’s origination, sales and business development operations…. Read more »

Source: Waypoint, 04-Mar-15

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LCI Helicopters to manage 7 helicopters for SQN Capital Management

LCI Helicopters to manage 7 helicopters for SQN Capital Management

LCI Helicopters has entered into an agreement with SQN Capital Management, LLC (SQN), an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm of the Libra Group, will offer a range of services to SQN including asset management, insurance, rent collection,… Read more »

Source: LCI Helicopters, 04-Mar-15

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Waypoint Signs Letter of Intent to Purchase 20 Bell 525’s Plus Options

Waypoint Signs Letter of Intent to Purchase 20 Bell 525’s Plus Options

Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today Waypoint Leasing (Ireland) Limited (“Waypoint”) has signed a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters with options for additional aircraft. Waypoint plans to provide the Bell 525 Relentless to operators servicing a wide range of missions, including oil and gas, emergency… Read more »

Source: Bell, 03-Mar-15

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Heli-Expo caps a strong first quarter for LCI Helicopters

Heli-Expo caps a strong first quarter for LCI Helicopters

LCI Helicopters touches down at the 2015 HAI Heli-Expo with new lessee customer commitments and expansions of its helicopter fleet to meet sustained growth in demand. Further announcements are planned for this week in Orlando, with the company at HAI Stand 4604. In recent days, the aviation leasing arm of the Libra Group has concluded… Read more »

Source: LCI, 03-Mar-15

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Era Group announces Record Date and Meeting Date for 2015 Annual Meeting of Stockholders

Era Group announces Record Date and Meeting Date for 2015 Annual Meeting of Stockholders

Era Group Inc. (NYSE: ERA) (the “Company” or “Era Group”) today announced that its 2015 Annual Meeting of Stockholders will be held at the Company’s principal executive offices located at 818 Town & Country Blvd., Suite 200, Houston, Texas 77024 on Wednesday, June 24, 2015, at 10:00 a.m. local time. The Company fixed April 27, 2015 as… Read more »

Source: Era Group, 02-Mar-15

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LCI places $125M order for AgustaWestland AW139, AW169 and AW189

LCI places $125M order for AgustaWestland AW139, AW169 and AW189

LCI, the aviation leasing arm of The Libra Group, has today committed to expand its helicopter fleet with firm orders for a further 11 AgustaWestland aircraft valued at US $125 million (€110 million). The new aircraft, which are converted from options held by the helicopter lessor, are made up of a mix of AW139, AW169… Read more »

Source: LCI, 13-Feb-15

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Era Group announces Q4 and FY2014 Earnings Release Call

Era Group announces Q4 and FY2014 Earnings Release Call

Era Group Inc. ERA, +0.36% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter 2014 after the market closes on Tuesday, March 10,2015. In connection with the release, Era has scheduled a conference call for Wednesday, March 11, 2015,… Read more »

Source: Era, 12-Feb-15

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Waypoint Leasing acquires 31 CHC aircraft to surpass $1 Billion of assets

Waypoint Leasing acquires 31 CHC aircraft to surpass $1 Billion of assets

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has reached an agreement with First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, to acquire a portfolio of 31 in-demand, new technology aircraft. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky… Read more »

Source: Waypoint Leasing, 04-Nov-14

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First leased AW189 delivered to LCI, then back to AW Training Academy

First leased AW189 delivered to LCI, then back to AW Training Academy

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has become the first aircraft lessor to take delivery of the new state-of-the-art AW189 helicopter. The particular aircraft is being placed on long term lease with the AgustaWestland Training Academy, and will be used as part of the conversion-to-type training of pilots to… Read more »

Source: LCI, 14-Oct-14

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Milestone Aviation sold for $1.8 billion to GE Capital

Milestone Aviation sold for $1.8 billion to GE Capital

 GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE – it combines GECAS’ global reach and 45+ years in leasing commercial jets with… Read more »

Source: Milestone Aviation, 13-Oct-14

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LCI Successfully Closes $325M Secured Asset-Backed Facility

LCI Successfully Closes $325M Secured Asset-Backed Facility

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 »

Source: LCI, 02-Oct-14

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Milestone Aviation Group prepares for IPO

Milestone Aviation Group prepares for IPO

The Milestone Aviation Group Limited (“Milestone”) today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of Milestone’s common shares. The number of common shares to be offered and the price range for the proposed… Read more »

Source: Milestone, 09-Sep-14

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Era Group Inc. Announces Share Repurchase Authorization

Era Group Inc. Announces Share Repurchase Authorization

Era Group Inc. (NYSE: ERA) (“Era”) today announced that its Board of Directors authorized the repurchase of up to $25 million in value of its common stock from time to time. The repurchase authorization permits the Company to make repurchases on a discretionary basis as determined by an Executive Committee of the Company’s Board of Directors,… Read more »

Source: Era Group, 15-Aug-14

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Era Group CEO Sten Gustafson on FY2014 Q2 Results – Earnings Call Transcript

Era Group CEO Sten Gustafson on FY2014 Q2 Results – Earnings Call Transcript

Welcome everyone to the ERA Group Earnings Call. See Full Story

Source: Seeking Alpha, 13-Aug-14

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Era Group reports FY2014 Q2 Results

Era Group Inc. (NYSE: ERA) today reported net income for its second quarter ended June 30, 2014 of $5.2 million, or $0.26 per diluted share, on operating revenues of $86.6 million compared to net income of $5.1 million, or $0.25 per diluted share, on operating revenues of $74.2 million in the prior year second quarter. Excluding… Read more »

Source: Era Group, 13-Aug-14

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Waypoint Leasing Surpasses $500 Million in Assets

Waypoint Leasing Surpasses $500 Million in Assets

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, marked its first full year of operations and provided a business update to the market. Waypoint’s fleet, which ranges from light single engine to heavy twin engine helicopters, now includes more than 40 aircraft on lease and delivered from Finmeccanica – AgustaWestland, Airbus Helicopters, Bell Helicopter… Read more »

Source: Waypoint Leasing, 15-Jul-14

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Starlite Aviation Group signs new lease on Vector-owned AS332L

Starlite Aviation Group signs new lease on Vector-owned AS332L

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 signing of new leasing and hourly support agreements for Vector-owned AS332L with Starlite Aviation Group. The aircraft is being prepared for immediate deployment for use in Utility… Read more »

Source: Vector Aerospace, 10-Jul-14

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Waypoint Leasing Expands Revolving Credit Facility to $468 Million

Waypoint Leasing Expands Revolving Credit Facility to $468 Million

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has increased the committed borrowing capacity under its five year revolving credit facility from $335 million in November 2013 to $468 million as of June 30, 2014. The facility bolsters Waypoint’s ability to continue adding attractive and diversified helicopter assets to its… Read more »

Source: Waypoint Leasing, 01-Jul-14

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LCI places AW139 with Indwe Aviation in South Africa

LCI places AW139 with Indwe Aviation in South Africa

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has announced a new partnership with Indwe Aviation (Pty) in George, South Africa, through the long-term lease of an AW139 helicopter. The brand-new aircraft forms part of LCI’s multimillion dollar order from AgustaWestland first announced in 2012. The lease agreement marks the beginning… Read more »

Source: LCI, 27-Jun-14

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Waypoint Leasing Closes First Term Loan Facility

Waypoint Leasing Closes First Term Loan Facility

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has closed on a five year US$72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters previously acquired and financed under Waypoint’s recently upsized $385 million revolving credit facility. The additional debt capacity… Read more »

Source: Waypoint Leasing, 14-May-14

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Basta Holdings moves into helicopter leasing

Basta Holdings moves into helicopter leasing

Basta Holdings Corp. BSTA 0.00% , an aviation and logistics management company, today announced that it has assumed management of revenue-generating contracts in the field of heavy helicopter long-term leasing as well as private business aviation operations. The Company now manages revenue-generating, long-term ACMI leases of heavy rotary wing aircraft commissioned by significant government, non-government organizations (NGO), UN… Read more »

Source: Basta Holdings, 17-Apr-14

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Eagle Copters Australasia offers advantages with leasing

Eagle Copters Australasia offers advantages with leasing

When it comes to helicopters, leasing is fast becoming the preferred option compared to purchasing, proving substantial benefits for organisations such as lower capital investment, no exposure to residual value risk and tax-deductible lease payments. Having flexible lease terms provides better alignment of cash outflows with income and the ability to manage fleets according to… Read more »

Source: Eagle Copters, 31-Mar-14

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Vector Financial Services places AS332L in UK

Vector Financial Services places AS332L in UK

Vector Financial Services – the Leasing Division of Vector Aerospace Corporation, a leading provider of aviation maintenance, repair and overhaul (MRO) services – is pleased to announce the induction of its first Airbus Helicopters AS332L Super Puma into Vector Aerospace Helicopter Services-UK based at its Fleetlands site in Gosport, Hampshire. Vector Financial Services already operates… Read more »

Source: Vector, 28-Mar-14

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Era Group reports Q4 and Full Year 2013 Results

Era Group reports Q4 and Full Year 2013 Results

Era Group Inc. (NYSE: ERA) Full year 2013 net income of $18.7 million on operating revenues of $299.0 million compared to net income of $7.8 million on operating revenues of $272.9 million in 2012 Fourth quarter net income of $1.8 million on operating revenues of $76.0 million compared to net income of $3.6 million on… Read more »

Source: Era Group, 20-Mar-14

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Era Group announces Q4 and FY2013 Earnings Release Call

Era Group announces Q4 and FY2013 Earnings Release Call

Era Group Inc. ERA -1.12% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter ended December 31, 2013 after the market closes on Monday, March 17, 2014. In connection with the release, Era has scheduled a conference call for… Read more »

Source: Era Group, 12-Mar-14

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