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New York Helicopter Charter files for bankruptcy protection

New York Helicopter Charter files for bankruptcy protection

New York Helicopter Charter Inc. filed for Chapter 11 protection Friday after running short on cash, Chief Executive Officer Michael Roth said in a court declaration. The company operates one Bell 206B JetRanger and two Bell 206L4 LongRangers. See Full Story.

Source: SF Gate, 16-Oct-19

Queenstown helicopter company liquidated

Queenstown helicopter company liquidated

A Queenstown helicopter company, placed in liquidation in February, has had its assets – including its name – sold for $125,000. See Full Story.

Source: Otago Daily Times, 08-Oct-19

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Bristow reorganization confirmed by court

Bristow reorganization confirmed by court

Bristow Group Inc. (OTC: BRSWQ) (“Bristow” or the “Company”) announced that on October 4, 2019, the U.S. Bankruptcy Court for the Southern District of Texas confirmed the Company’s Amended Plan of Reorganization (the “Plan”) and indicated that it will enter a written order to this effect. The Company expects to consummate its financial restructuring process… Read more »

Source: Bristow, 08-Oct-19

Volocopter raises 50 million Euros in C round funding

Volocopter raises 50 million Euros in C round funding

Volocopter, the Urban Air Mobility pioneer, announced that it signed the first closing of its Series C funding round, which is being led by Zhejiang Geely Holding Group (Geely Holding). The new funds will be used towards bringing the VoloCity aircraft to commercial launch within the next three years. Volocopter remains in discussions with additional… Read more »

Source: Volocopter, 12-Sep-19

PHi exits Chapter 11 bankruptcy protection

PHi exits Chapter 11 bankruptcy protection

PHI, Inc. (OTC: PHIIQ; PHIKQ) (“PHI” or the “Company”) announced that the Company and its principal U.S. subsidiaries, including PHI Air Medical, have emerged from Chapter 11 bankruptcy protection, successfully completing the Company’s debt restructuring process and implementing the Chapter 11 reorganization plan confirmed by the U.S. Bankruptcy Court for the Northern District of Texas… Read more »

Source: PHI, 12-Sep-19

Canadian Helicopters repays $8M loan to Crown Capital

Canadian Helicopters repays $8M loan to Crown Capital

Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced the full repayment by Canadian Helicopters Limited (“Canadian Helicopters”) of an $8 million term loan from Crown Capital Partner Funding, LP (“Crown Partners Fund”). Canadian Helicopters is the largest helicopter transportation services company in Canada with a network… Read more »

Source: Crown Capital Partners, 31-Jul-19

Era Group Announces Q2 2019 Earnings Release Call

Era Group Announces Q2 2019 Earnings Release Call

Era Group Inc. (NYSE:ERA), one of the largest helicopter operators in the world, today announced it will release financial results for its second quarter 2019 after the market closes on Tuesday, July 30, 2019. In connection with the release, Era has scheduled a conference call for Wednesday, July 31, 2019, to begin at 10:00 a.m…. Read more »

Source: Era Group, 30-Jul-19

Essex & Herts Air Ambulance to receive £1.5M grant towards £4M hangar

Essex & Herts Air Ambulance to receive £1.5M grant towards £4M hangar

In his Budget Statement last Autumn Phillip Hammond, Chancellor of the Exchequer, announced that the Government would be making £10 million available to support the funding of capital projects for the 18 air ambulance charities in England. Essex & Herts Air Ambulance (EHAAT) applied for £1.5 million, and following an announcement on Friday 28th June… Read more »

Source: Essex & Herts Air Ambulance, 18-Jul-19

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LCI Helicopters closes new $75M financing from CaixaBank

LCI Helicopters closes new $75M financing from CaixaBank

Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of US$75 million. The new facility, led by CaixaBank along with a consortium of financial institutions, was arranged by National Westminster Bank Plc as part of an oversubscribed financing,… Read more »

Source: LCI Helicopters, 09-Jul-19

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Helijet Announces Results of the Special Meeting

Helijet Announces Results of the Special Meeting

Helijet International Inc. (TSX-V: HJI) (“Helijet” or the “Corporation”) further to the Corporation’s news releases dated April 18, 2019 and May 16, 2019, the Corporation is pleased to announce that at its special meeting of shareholders held on June 19, 2019 (the “Meeting”), shareholders approved the statutory plan of arrangement under Section 192(1)(f.1) of the… Read more »

Source: Helijet, 25-Jun-19

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Bristow Provides Update on Status of SEC Filings

Bristow Provides Update on Status of SEC Filings

Bristow Group Inc. (OTC: BRSWQ) (“Bristow” or the “Company”) filed its quarterly report on Form 10-Q for the quarter ended December 31, 2018 (the “Q3 FY2019 10-Q”), as well as amendments to its previously filed Annual Report on Form 10-K for the fiscal year ended March 31, 2018 (the “Amended FY2018 10-K”), Quarterly Report on Form 10-Q for the quarter… Read more »

Source: Bristow, 25-Jun-19

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Workhorse Group Secures Financing

Workhorse Group Secures Financing

Workhorse Group Inc. (NASDAQ:WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, has entered into subscription agreements for a private offering with a group of institutional investors, resulting in gross proceeds to the Company of $25 million. Under the terms of the agreements,… Read more »

Source: Workhorse Group, 13-Jun-19

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Era Group Announces Q1 2019 Earnings Release Call

Era Group Announces Q1 2019 Earnings Release Call

Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, announced it will release financial results for its first quarter 2019 after the market closes on Tuesday, May 7, 2019.  In connection with the release, Era has scheduled a conference call for Wednesday, May 8, 2019, to begin at 10:00 a.m…. Read more »

Source: Era Group, 06-May-19

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Helijet plans stock market exit

Helijet plans stock market exit

Helijet International Inc. (TSX-V: HJI) (“Helijet” or the “Corporation”) announces that its board of directors has received a proposal from a Helijet director, for a going private transaction (the “Transaction”). Insiders and their extended family and one other extended family currently own 88% of the outstanding common shares of Helijet (the “Helijet Shares”) and will… Read more »

Source: Helijet, 26-Apr-19

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Airbus sees strong sales increase in 2018

Airbus sees strong sales increase in 2018

Airbus Helicopters delivered 356 rotorcraft and logged gross orders for 413 helicopters (net: 381) in 2018 (up from 350 gross orders in 2017), maintaining its lead in the civil & parapublic market while reinforcing its position in the military market thanks to key successes with international campaigns. The company also booked 148 orders for light… Read more »

Source: Airbus Helicopters, 25-Jan-19

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Bristow FY2019 Q3 earnings release and concall scheduled

Bristow FY2019 Q3 earnings release and concall scheduled

Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal year 2019 third quarter ended December 31, 2018, after the market closes on Thursday, February 7, 2019. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast… Read more »

Source: Bristow, 16-Jan-19

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Bristow Group Announces Completion of Consent Solicitation

Bristow Group Announces Completion of Consent Solicitation

Bristow Group Inc. (NYSE: BRS) (the “Company”) announced today that it has completed the previously announced solicitation of consents (the “Consent Solicitation”) from holders of its outstanding 8.75% Senior Secured Notes due 2023 (the “Notes”). In connection with the Consent Solicitation, the Company has entered into a supplemental indenture with respect to the indenture governing the… Read more »

Source: Bristow Group, 28-Nov-18

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PHi extends previously-announced cash tender offer

PHi extends previously-announced cash tender offer

PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI”) announced that it is further extending the expiration time of its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”) and its… Read more »

Source: PHI Inc., 23-Oct-18

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PHI Provides Update on Its Refinancing and Strategic Plans

PHI Provides Update on Its Refinancing and Strategic Plans

PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) announced today several steps related to its long-term financial and strategic positioning, including the refinancing of its senior secured revolving credit facility and a review of the Company’s potential strategic alternatives. Refinancing of Secured Debt On September 28, 2018, the Company borrowed $130 million… Read more »

Source: PHI, 02-Oct-18

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PHI extends tender offer and consent solicitation

PHI extends tender offer and consent solicitation

PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI”) announced that it is further extending the expiration time of its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”) and its… Read more »

Source: PHI, Inc., 01-Oct-18

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PHI extends cash tender offer

PHI extends cash tender offer

PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI”) announced that it is further extending the expiration time of its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”) and its… Read more »

Source: PHI, 12-Sep-18

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NBAA Urges Members to Conduct Careful Tax-Reform Planning

NBAA Urges Members to Conduct Careful Tax-Reform Planning

With passage of the Tax Cuts and Jobs Act, NBAA is urging members to carefully review provisions that impact business aviation as they conduct tax planning. Last year, as Congress debated tax reform, NBAA successfully advocated for several provisions that are having a positive impact, such as the extension of 100-percent bonus depreciation to used… Read more »

Source: NBAA, 02-Jul-18

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PHI Announces Offering of Senior Secured Notes Due 2023

PHI Announces Offering of Senior Secured Notes Due 2023

PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI”) announced today that it is proposing, subject to market and other conditions, to privately place (the “Debt Offering”) up to $500 million aggregate principal amount of senior secured notes due 2023 (the “2023 Notes”). Each of PHI’s existing and future domestic restricted subsidiaries… Read more »

Source: PHI, 19-Jun-18

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PHI Announces Cash Tender Offer and Consent Solicitation

PHI Announces Cash Tender Offer and Consent Solicitation

PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI”) announced today that it plans to commence a cash tender offer (the “Tender Offer”), subject to the terms and conditions to be described in PHI’s Offer to Purchase and Consent Solicitation Statement to be dated June 18, 2018 (the “Offer to Purchase”), to purchase… Read more »

Source: PHI, 18-Jun-18

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BLADE Completes Series B Financing

BLADE Completes Series B Financing

Fly Blade Inc. (“BLADE”), the digitally powered short-distance aviation leader which services 22 core routes in 7 states, has completed its Series B Financing. Lead investors Colony NorthStar and Lerer Hippeau were joined by Airbus Helicopters and LionTree Ventures. Approximately $38 million was raised. Concurrent with the financing, the company enters an alliance with Airbus Helicopters to provide customer and… Read more »

Source: BLADE, 26-Mar-18

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Era Group Announces Fiscal Year and Q4 2017 Earnings

Era Group Announces Fiscal Year and Q4 2017 Earnings

Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world, today announced it will release financial results for its fiscal year and fourth quarter 2017 after the market closes on Thursday, March 8, 2018. In connection with the release, Era has scheduled a conference call for Friday, March 9, 2018, to… Read more »

Source: Era Group, 03-Mar-18

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European Investment Bank signs cooperation agreement with EDA

European Investment Bank signs cooperation agreement with EDA

Jorge Domecq, Chief Executive of the European Defence Agency (EDA) and Alexander Stubb, Vice-President of the European Investment Bank (EIB) today signed a Memorandum of Understanding (MoU) to strengthen cooperation between the two institutions. The European Council of 19 October 2017 encouraged the EIB to examine further steps with a view to supporting investments in… Read more »

Source: EDA, 28-Feb-18

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Bristow Group Announces Pricing and Upsizing

Bristow Group Announces Pricing and Upsizing

Bristow Group Inc. (NYSE: BRS) announced today the pricing of its previously announced private offering to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), of $350 million aggregate principal amount of 8.75% senior secured notes due 2023 (the “notes”). The offering was upsized… Read more »

Source: Bristow, 27-Feb-18

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Bristow Group Announces Private Offering

Bristow Group Announces Private Offering

Bristow Group Inc. (NYSE: BRS) announced today that it has commenced, subject to market conditions and other factors, a private offering of $300 million aggregate principal amount of senior secured notes due 2023 (the “notes”) to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities… Read more »

Source: Bristow, 22-Feb-18

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Bristow Enters Into New Asset-Backed Revolving Credit Facility

Bristow Enters Into New Asset-Backed Revolving Credit Facility

Bristow Group Inc. (NYSE: BRS) today announced that certain of its subsidiaries have received commitments from lenders to enter into a new asset-backed revolving credit facility (the “ABL Facility”). Bristow expects to close on the ABL Facility within 60 days of entry into the commitment letter for the ABL Facility. The ABL Facility is expected to… Read more »

Source: Bristow, 22-Feb-18

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Bristow Announces Fiscal Year 2018 Third Quarter Earnings

Bristow Announces Fiscal Year 2018 Third Quarter Earnings

Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2018 third quarter ended December 31, 2017, after the market closes on Thursday, February 8, 2018.  In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live… Read more »

Source: Bristow, 16-Jan-18

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Bristow Announces Public Offering of $125 Million Convertible Senior Notes

Bristow Announces Public Offering of $125 Million Convertible Senior Notes

Bristow Group Inc. (NYSE: BRS) announced today that it intends to offer, subject to market and other conditions, $125 million aggregate principal amount of convertible senior notes due 2023 (the “notes”), through an underwritten offering registered under the Securities Act of 1933, as amended. The company intends to grant the underwriters an option to purchase… Read more »

Source: Bristow, 13-Dec-17

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Era Group Announces Q3 2017 Earnings Release Call

Era Group Announces Q3 2017 Earnings Release Call

Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world, today announced it will release financial results for its third quarter 2017 after the market closes on Thursday, November 2, 2017. In connection with the release, Era has scheduled a conference call for Friday, November 3, 2017, to begin at 10:00… Read more »

Source: Era Group, 31-Oct-17

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Bristow announces FY2018 Q2 Earnings Release Schedule

Bristow announces FY2018 Q2 Earnings Release Schedule

Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2018 second quarter ended September 30, 2017, after the market closes on Wednesday, November 8, 2017.  In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live… Read more »

Source: Bristow, 13-Oct-17

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CHC Appoints Interim Chief Financial Officer

CHC Appoints Interim Chief Financial Officer

CHC Group today announced that chief financial officer (CFO) Lee Eckert is leaving the Company to become CFO at Flowserve. Effective immediately, Scott Thanisch will assume the role of interim CFO, reporting to Karl Fessenden, CHC’s president and chief executive officer (CEO). Thanisch has led CHC’s treasury and financial, planning and analysis functions since the… Read more »

Source: CHC, 09-Oct-17

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Gemco sets up Robinson overhaul savings program

Gemco sets up Robinson overhaul savings program

Go Engine Management Company (Gemco) announced today the expansion of its popular line of piston-engine cost-stabilization products with the addition of a unique, new Helicopter Savings Overhaul Program. Designed to assist owners and operators meet the FAA mandatory 2200-hour airframe and engine overhaul requirement, which can exceed $250,000, the program provides many benefits including: A fixed, monthly tax-deductible expense… Read more »

Source: Gemco, 13-Sep-17

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Waypoint Closes $87M Term Loan Facility

Waypoint Closes $87M Term Loan Facility

Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed on a new US$87.5 million term loan facility led by Sumitomo Mitsui Banking Corporation (SMBC) and MUFG with further accordion capacity to upsize the transaction in the future. The company will use the proceeds to refinance aircraft from its… Read more »

Source: Waypoint Leasing, 07-Sep-17

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HNZ announces renewal of normal course issuer bid

HNZ announces renewal of normal course issuer bid

HNZ Group Inc. (TSX: HNZ) (the “Corporation”), an international provider of helicopter transportation and related support services, announced today that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “Notice”) to purchase outstanding common shares and variable voting shares through the facilities of the TSX… Read more »

Source: HNZ Group, 04-Sep-17

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Lawyers propose settlement for 2014 CHC share buyers

Lawyers propose settlement for 2014 CHC share buyers

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK RUDMAN, ET AL., v. CHC GROUP, LTD., ET AL., Civil Action No. 15-cv-3773 (LAK) SUMMARY NOTICE TO: ALL PERSONS WHO PURCHASED SHARES OF CHC GROUP LTD. (“CHC”) COMMON STOCK IN THE JANUARY 16, 2014 IPO AND/OR IN THE OPEN MARKET DURING THE PERIOD FROM JANUARY 16, 2014… Read more »

Source: CHC, 16-Aug-17

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Era Group Announces Q2 2017 Earnings Release Call

Era Group Announces Q2 2017 Earnings Release Call

Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world, today announced it will release financial results for its second quarter 2017 after the market closes on Tuesday, August 8, 2017. In connection with the release, Era has scheduled a conference call for Wednesday, August 9, 2017, to begin at 10:00… Read more »

Source: Era Group, 04-Aug-17

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Kaman announces date for FY2017Q2 earnings

Kaman announces date for FY2017Q2 earnings

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2017 results after the stock market closes on Monday, July 31, 2017, and host a live webcast and conference call at 8:30 a.m. ET on Tuesday, August 1, 2017. The call will be accessible by telephone within the U.S. at (844) 473-0975 and… Read more »

Source: Kaman, 26-Jul-17

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Bristow announces FY2018Q1 earnings and concall schedule

Bristow announces FY2018Q1 earnings and concall schedule

Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2018 first quarter ended June 30, 2017, after the market closes on Thursday, August 3, 2017.  In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live… Read more »

Source: Bristow, 18-Jul-17

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Bristow Group Announces Quarterly Dividend

Bristow Group Announces Quarterly Dividend

Bristow Group Inc. (NYSE: BRS) announced today that its Board of Directors approved a $0.07 per share quarterly dividend. The dividend will be payable on June 22, 2017 to stockholders of record at the close of business on June 7, 2017 (the “Record Date”).  There were 35,217,652 shares of Bristow’s common stock issued and outstanding… Read more »

Source: Bristow, 26-May-17

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HNZ to disclose first quarter results

HNZ to disclose first quarter results

HNZ Group Inc. (TSX: HNZ) (the “Corporation”) will release its results for the first quarter ended March 31, 2017 on Thursday, May 11, 2017, after market close. The HNZ Group Inc. conference call will take place Friday, May 12, 2017 at 2:00 pm (ET) to review the financial results. To participate in this conference call,… Read more »

Source: HNZ Group, 15-May-17

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Bristow Group Announces Fiscal Year 2017 Fourth Quarter Earnings

Bristow Group Announces Fiscal Year 2017 Fourth Quarter Earnings

Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2017 fourth quarter and year ended March 31, 2017, after the market closes on Tuesday, May 23, 2017.  In conjunction with the release, Bristow has scheduled a conference call, which will be… Read more »

Source: Bristow, 08-May-17

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Erickson completes restructure and exits Chapter 11

Erickson completes restructure and exits Chapter 11

Erickson Incorporated, a leading global provider of aviation services, announced today it has successfully emerged from Chapter 11 bankruptcy protection. The company satisfied the conditions of its confirmed plan of reorganization, which became effective following approximately five months of negotiations and court proceedings. President and CEO Jeff Roberts said, “We are very pleased to have… Read more »

Source: Erickson, 03-May-17

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Q1 Blue Book Pricing Updates

Q1 Blue Book Pricing Updates

HeliValue$, Inc. held its first quarter Blue Book pricing review on March 31, 2017.  Resale pricing adjustments were made for the models listed below.  Airbus AS-350B2, AS-355N, EC-155B1, AS-365N3 Agusta AW109E, AW109S, AW119K Bell 206BIII, 206L-3, 206L-4, 407GX Sikorsky S-76A++, S-76C, S-76C+, S-92A Resale pricing adjustments are based on actual sales transactions and current market conditions such… Read more »

Source: HeliValue$, 20-Apr-17

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CHC Group Emerges from Court-Supervised Restructuring

CHC Group Emerges from Court-Supervised Restructuring

CHC Group (the “Company” or “CHC”) today announced that it has successfully concluded its financial restructuring and emerged from Chapter 11 as its court-confirmed Plan of Reorganization (the “Plan”) went into effect on March 24, 2017. With the support of its creditors and stakeholders, CHC completed its court-supervised financial restructuring process and emerged as a… Read more »

Source: CHC Group, 18-Apr-17

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Erickson reorganisation plan passed by Bankruptcy Court

Erickson reorganisation plan passed by Bankruptcy Court

Erickson Incorporated (OTCMKTS:EACIQ) today completed another important step toward its emergence from bankruptcy when its Chapter 11 plan of reorganization was confirmed by the United States Bankruptcy Court for the Northern District of Texas. This confirmation, which comes less than five months after Erickson and its subsidiaries filed for bankruptcy protection under Chapter 11 of… Read more »

Source: Erickson, 23-Mar-17

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FAA provides NextGen update

FAA provides NextGen update

The FAA has spent $7.5 billion in congressionally appropriated funds on the air traffic modernization program known as NextGen over the past seven years. That investment has resulted in $2.7 billion in benefits to passengers and the airlines to date, and is expected to yield more than $160 billion in benefits through 2030. NextGen is… Read more »

Source: FAA, 13-Feb-17

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Bristow announces FY2017 Q3 Earnings Release and Conference Call Schedule

Bristow announces FY2017 Q3 Earnings Release and Conference Call Schedule

Bristow Group (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2017 third quarter ended , after the market closes on , 2017.  In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live over the internet on ,… Read more »

Source: Bristow Group, 12-Jan-17

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Erickson opens DIP purchase option to Second Priority Note Holders

Erickson opens DIP purchase option to Second Priority Note Holders

Erickson Incorporated (NASDAQ:EAC) (the “Company”), a leading global provider of aviation services, today announced the commencement of a process to syndicate participation in a debtor-in-possession term loan facility (the “DIP Term Facility”) by eligible beneficial holders of Erickson’s 8.25% Second Priority Senior Secured Promissory Notes due 2020 (“Second Priority Notes”) as of December 2, 2016. … Read more »

Source: Erickson, 14-Dec-16

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Bristow to present two Energy Conferences

Bristow to present two Energy Conferences

Bristow Group Inc. (NYSE: BRS) announced today that the Company will be presenting at two institutional investor conferences during the first week of December 2016. Don Miller, Senior Vice President and Chief Financial Officer, is scheduled to present at the Cowen and Company Energy & Natural Resources Conference to be held in New York on Tuesday, December 6, 2016 at 11:25 a.m…. Read more »

Source: Bristow Group, 06-Dec-16

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Erickson Inc. Receives Final Court Approval of DIP Financing Facility

Erickson Inc. Receives Final Court Approval of DIP Financing Facility

Erickson Incorporated (NASDAQ:EAC) (the “Company”), a leading global provider of aviation services, today announced that on December 1, 2016, less than thirty days after granting Erickson’s request to borrow $49 million under a debtor-in-possession term loan facility (the “DIP Term Facility”) on an interim basis, the United States Bankruptcy Court for the Northern District of… Read more »

Source: Erickson, 06-Dec-16

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Defense and Civil Spends on Helicopters in Middle East and North Africa: 2016 to 2024

Defense and Civil Spends on Helicopters in Middle East and North Africa: 2016 to 2024

Summary Strategic Defense Intelligence in its report “Defense and Civil Spends on Helicopters in Middle East and North Africa: 2016 to 2024” provides quantitative top-level view of projected spends on Helicopters. According to Strategic Defense Intelligence, a helicopter is a type of rotorcraft in which lift and thrust are supplied by rotors. A rotorcraft or… Read more »

Source: Reportbuyer, 30-Nov-16

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Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

The Kaman Corporation board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on January 5, 2017 to shareholders of record on December 20, 2016.

Source: Kaman, 18-Nov-16

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Bristow Enters Into New $200 Million Seven-Year Equipment Financings

Bristow Enters Into New $200 Million Seven-Year Equipment Financings

 Bristow Group Inc. (NYSE: BRS) and its subsidiaries announced today that it has entered into two seven-year GBP denominated secured equipment financings for an aggregate $200 million USD equivalent with Lombard, part of The Royal Bank of Scotland. The proceeds from the financings will be used to finance eight search and rescue (SAR) helicopters being utilized… Read more »

Source: Bristow Group, 15-Nov-16

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Anti-Drone Market 2016: Production, Sales, Supply, Demand, Analysis & Forecast to 2021

Anti-Drone Market 2016: Production, Sales, Supply, Demand, Analysis & Forecast to 2021

Anti-Drone Market report focuses on the major drivers and restraints for the key players. It also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.  The Anti-Drone Market research report is a professional and in-depth study on the current state of the Anti-Drone Sales Industry. In depth analysis… Read more »

Source: Anti-Drone Market, 15-Nov-16

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Defense and Civil Spends on Helicopters in BRICS Nations: 2016 to 2024 – Summary

Defense and Civil Spends on Helicopters in BRICS Nations: 2016 to 2024 – Summary

SummaryStrategic Defense Intelligence in its report “Defense and Civil Spends on Helicopters in BRICS Nations: 2016 to 2024” provides quantitative top-level view of projected spends on Helicopters. According to Strategic Defense Intelligence, a helicopter is a type of rotorcraft in which lift and thrust are supplied by rotors. A rotorcraft or rotary-wing aircraft is a… Read more »

Source: Report Buyer, 15-Nov-16

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Erickson Incorporated Receives Interim DIP Financing Approval

Erickson Incorporated Receives Interim DIP Financing Approval

Erickson Incorporated (NASDAQ:EAC)(the “Company”), a leading global provider of aviation services, announced today that United States Bankruptcy Court for the Northern District of Texas has approved key first day motions related to its voluntary Chapter 11 restructuring. The motions granted by the Court allow Erickson to fulfill current key customer contracts, pay employee wages, honor… Read more »

Source: Erickson, 14-Nov-16

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Erickson Incorporated Files Chapter 11

Erickson Incorporated Files Chapter 11

Erickson Incorporated (NASDAQ:EAC) (the “Company”), a leading global provider of aviation services, announced today that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. During the Chapter 11 process, Erickson… Read more »

Source: Erickson, 14-Nov-16

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Bristow Group Announces Quarterly Dividend

Bristow Group Announces Quarterly Dividend

Bristow Group Inc. (NYSE: BRS) announced today that its Board of Directors approved a $0.07 per share quarterly dividend. The dividend will be payable on December 15, 2016 to stockholders of record at the close of business on December 1, 2016 (the “Record Date”).  There were 35,095,362 shares of Bristow’s common stock issued and outstanding… Read more »

Source: Bristow Group, 04-Nov-16

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