A group of PHI, Inc. (NASDAQ: PHII, PHIIK) shareholders consisting of Alesia Asset Management and private investor Timothy Stabosz, who, combined, control 4.6% of the Company’s non-voting stock, announced the filing of a 13D amendment with the SEC and delivery of a follow up letter, dated September 6, 2018, to the PHI board. In the… Read more »
Robinson Helicopter Co has a pre-announced price review policy whereby the company raises their list prices on 1st January every year. There is then a rush to place a deposit in December to secure a “2017 price” aircraft, and potentially concluding the details in the early days of January. The company distributes a regular report on projected… Read more »
The Boeing Co., Mesa, Arizona, has been awarded a $17,960,940 modification (PZ0003) to Foreign Military Sales (United Arab Emirates) contract W58RGZ-16-C-0051 for post-production support services and performance based logistics in support of the United Arab Emirates Land Forces Longbow Apache program for a total of 30 AH-64D Apache helicopters. Work will be performed in Mesa,… Read more »
Quantitech,* Huntsville, Alabama, was awarded a $10,140,682 modification (000201) to foreign military sales (United Arab Emirates; Bahrain; Brazil; Columbia; Egypt; Jordan; Mexico; Saudi Arabia; Slovakia; Sweden; Thailand; Taiwan; and Tunisia) contract W31P4Q-16-A-0010 to procure programmatic support services for the Utility Helicopter Project Office. Work will be performed in Huntsville, Alabama, with an estimated completion date… Read more »
The North Denes Airfield at Caister Road, Great Yarmouth, NR30 5TF has been put up for sale. The site was used as a base for helicopters serving oil and gas platforms in the Southern North Sea for many years but has not been operational for the last two years, owing to a decline in business… Read more »
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Air Methods Corporation (NASDAQ: AIRM) breached their fiduciary duties in connection with the proposed sale of the Company to affiliates of American Securities LLC. Air Methods provides air medical emergency transport services and systems in the United… Read more »
–Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today the signing of a purchase agreement for two Bell 429s by Nakanihon Air Service Co., Ltd. (NNK). The two new aircraft will be delivered later this year and will be used for Helicopter Emergency Medical Service (HEMS). NNK purchased its first Bell Helicopter, a Bell 47G-2… Read more »
The latest Enstrom MODEL 480B to fly away from the factory has been delivered to Sharkey’s Helicopters. This aircraft with its beautiful paint job is the 4th ship to be sold through Sharkey’s in the past 12 months. The sales of 2 480Bs and 2 F28Fs along with the continued support of customers and Enstrom… Read more »
The sale of Pawan Hans has caused employees to turn to unions. The Prime Minister’s Office has received a letter from All India Civil Aviation Employee’s Union, stating that the sale of the company has been made in an arbitrary manner and without proper thought towards its history and financial performance, reports Aviation India. The… Read more »
EPIC Aviation LLC, a leading fuel supplier to the general and commercial aviation industries, today announced staff changes, including two staff promotions and the addition of a new OEM and Brokered Fuel sales manager. Dev Sharma has been promoted to Director of Sales – West. Dev has been with EPIC for more than 18 years,… Read more »
Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today it received 41 signed contracts at HELI-EXPO 2011 in Orlando, Fla., this past week. â€œThis was an exceptional show for Bell Helicopter,â€ said John L. Garrison, president & CEO, Bell Helicopter. â€œSpending time with our customers and listening to their needs and direct feedback is… Read more »
Aircraft Shopper Online (www.aso.com), a leading online marketplace for pre-owned aircraft, announced the release of the latest version of the ASO website today. With newly added user friendly features, buying and selling aircraft is easier than ever.
PremiAir, the UKâ€™s provider of executive helicopter charter and management services, is marking its 30th anniversary this year with a strong presence at Helitech. It is exhibiting on the static four executive helicopters that are for sale through its aircraft sales business, PremiAir Global.