16-May-2023Source: Vertical Aerospace
Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the first quarter ended March 31, 2023. The Company has also issued a shareholder letter in conjunction with the filing of our first quarter 2023 results, which is... Read more
16-May-2023Source: Blade Air Mobility
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced financial results for the first quarter ended March 31, 2023. “We are making exceptional progress on all fronts, resulting in our seventh consecutive quarter with financial results ahead of our expectations,” said Rob Wiesenthal, Blade’s Chief Executive Officer. “We... Read more
5-May-2023Source: Lilium
Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced a capital raise for up to $250 million, with $100 million funded at close. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on May 1, 2023. This capital raise... Read more
4-May-2023Source: Bristow
Bristow Group Inc. (NYSE: VTOL) reported net loss attributable to the Company of $1.5 million, or $0.05 per diluted share, for its quarter ended March 31, 2023 (the “Current Quarter”) on operating revenues of $292.9 million compared to net loss attributable to the Company of $7.0 million, or $0.25 per diluted share, for the quarter... Read more
20-Apr-2023Source: SkyDrive
SkyDrive Inc. (“SkyDrive”), a leading electric vertical takeoff & landing (eVTOL) aircraft manufacturer based in Japan, today announced that it secured additional funding in its Series C round. In September 2022, the company successfully raised 9.6 billion yen in Series C*. MUFG Bank, Ltd., one of Japan’s largest financial institutions, increased its capital and a... Read more
29-Mar-2023Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has released its fiscal year 2022 Shareholder Letter. The Shareholder Letter, which discusses Lilium’s achievement of important milestones in the development of its revolutionary Lilium Jet, can be accessed on the Lilium investor relations website. Recent Accomplishments... Read more
15-Mar-2023Source: Blade Air Mobility
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, announced financial results for the fourth quarter and calendar year ended December 31, 2022. “We are pleased to deliver strong fourth quarter results to close out a monumental year for Blade,” said Rob Wiesenthal, Blade’s Chief Executive Officer. “Strong organic... Read more
1-Mar-2023Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, announced it will release its December quarter and year-to-date 2022 financial results after market close on Wednesday, March 8, 2023. In connection with the release, Bristow has scheduled a conference call for Thursday, March 9, 2023, to begin at 10... Read more
17-Feb-2023Source: Bluetail
Bluetail, the leading modern SaaS aircraft records platform for private aviation, has announced that it closed an additional $2.2 million Series A investment. The round was led by AZ-VC, an Arizona-based venture capital fund that is uniquely focused on supporting emerging technology companies throughout the state. With its triple-digit growth in 2022, 600M+ in aircraft records... Read more
14-Feb-2023Source: Zee Business
Drone startup Garuda Aerospace on Monday said it has raised $22 million which is touted as the largest-ever Series A funding in the drone sector. Venture capital firm SphitiCap invested $12 mn along with participation from other global investors, angel investors and high networth individuals (HNIs) at $5 million. See Full Story.... Read more
10-Feb-2023Source: Blade Air Mobility
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present at the following investor conferences: Baird 2023 Vehicle Technology and Mobility Conference – Fireside chat on Wednesday, February 15, 2023 at 10:50 am ET. A webcast of the event will... Read more
10-Feb-2023Source: TCab Tech
TCab Tech announced the completion of the Pre-A financing of 100 millionyuan. This financing round is led by Grand Flight,followed by Kunlun Capital, KIP Capital and the existing shareholders BlueRunVentures and Decent Capital. The Pre-A financing round provides sufficient capitalfor the development, manufacturing and flight testing of the full-scale E20eVTOL prototype. “TCab Tech is in... Read more
12-Jan-2023Source: Bristow
Bristow Group Inc. (NYSE: VTOL) and its subsidiaries announced today that it has entered into two thirteen-year secured equipment financings for an aggregate amount up to £145 million with National Westminster Bank Plc (“NatWest”). The proceeds from the financings will be used to refinance the indebtedness of the previous equipment financing facilities with Lombard North... Read more
5-Dec-2022Source: Eve Air Mobility
Eve Holding, Inc. (the “Company” or “Eve”) (NYSE: EVEX; EVEXW) announced that as previously disclosed in the Company’s Notification of Late Filing on Form 12b-25, filed with the Securities and Exchange Commission (“SEC”) on November 14, 2022, the Company has determined that it is unable, without unreasonable effort or expense, to file its Quarterly Report on... Read more
28-Nov-2022Source: Archer
Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) announced operating and financial results for the third quarter ended September 30, 2022. Archer conducted its earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on 10 November 2022. The Company has issued a shareholder letter discussing its third quarter 2022 operating and... Read more
22-Nov-2022Source: Blade Air Mobility
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, announced financial results for the third quarter ended September 30, 2022. “Blade delivered another record quarter with exceptional performance across all business lines,” said Rob Wiesenthal, Blade’s Chief Executive Officer. “Our Short Distance business exceeded expectations, driven by higher pricing... Read more
21-Nov-2022Source: Lilium
Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, today announced the pricing of a $119 million capital raise from existing shareholders, new investors, and strategic partners. Participants include Honeywell and Aciturri as well as LGT and its affiliated impact investor Lightrock, Tencent, B. Riley... Read more
16-Nov-2022Source: Vertical Aerospace
Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the third quarter ended September 30, 2022. The Company has also issued a shareholder letter discussing its operating results and management commentary, which is posted to its investor... Read more
11-Nov-2022Source: LCI
With the closing of a new 5-year facility with Investec Bank, we are delighted to announce that LCI group has surpassed the raising of over US$300 million of helicopter related finance and refinance in 2022. This follows on from the US$1 billion of aviation and helicopter capital raised from 2019 to 2021 – a significant achievement spanning the COVID pandemic.... Read more
31-Oct-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) will report its third quarter operating update and financial results after market close on Thursday, November 10, 2022. The Company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the financial results and an operating update. Webcast Information:... Read more
28-Oct-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, announced it will release financial results for its second quarter fiscal year 2023 after market close on Wednesday, November 2, 2022. In connection with the release, Bristow has scheduled a conference call for Thursday, November 3, 2022, to begin... Read more
19-Oct-2022Source: Blade Air Mobility
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fiscal third quarter ended September 30, 2022 on Wednesday, November 9, 2022 after the market closes. Management will conduct a conference call the same day at 4:30 pm Eastern Time to discuss the results. Please note that there is... Read more
22-Aug-2022Source: CHC
CHC Group LLC (CHC), the global rotary wing aviation services provider, is pleased to announce a comprehensive recapitalization transaction to significantly reduce its funded debt obligations by up to $500 million subject to regulatory approvals. As part of the recapitalization, a substantial portion of CHC’s existing debt and equity holders agreed to provide over... Read more
5-Aug-2022Source: Bristow
Total revenues of $301.7 million in Q1 FY23 compared to $287.4 million in Q4 FY22 Net income of $4.0 million, or $0.14 per diluted stock, in Q1 FY23 compared to net loss of $4.3 million, or $(0.15) per diluted stock, in Q4 FY22 EBITDA adjusted to exclude special items and asset dispositions was $51.1... Read more
28-Jul-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions announced it will release financial results for its first quarter fiscal year 2023 after market close on Thursday, August 4, 2022. In connection with the release, Bristow has scheduled a conference call for Friday, August 5, 2022, to begin... Read more
25-Jul-2022Source: Blade Air Mobility
Blade Air Mobility, Inc. (“Blade” or the “Company” NASDAQ: BLDE) will release financial results for the fiscal second quarter ended June 30, 2022 on August 9, 2022, before the market opens. The company will hold a conference call the same day at 8:00 am Eastern Time to discuss the results. The call will be... Read more
25-Jul-2022Source: Joby Aviation
Joby Aviation (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, announced that it will release its second quarter 2022 earnings results after the market close on Thursday, August 11, 2022, with a webcast at 5:30 pm ET the same day during which management will discuss the results. The webcast will... Read more
27-Jun-2022Source: Wingcopter
Wingcopter, the German delivery drone manufacturer and service provider, announced that it has raised $42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 million to date. Leading German retailer REWE Group as well as German... Read more
1-Jun-2022Source: Bristow
Total revenues of $287.4 million in Q4 FY22 compared to $295.6 million in Q3 FY22 Net loss of $4.3 million, or $(0.15) per diluted share, in Q4 FY22 EBITDA adjusted to exclude special items and asset dispositions was $35.9 million in Q4 FY22 compared to $30.7 million in Q3 FY22 As of March 31, 2022,... Read more
30-May-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release financial results for its fourth quarter and full fiscal year 2022 after market close on Tuesday, May 31, 2022. In connection with the release, Bristow has scheduled a conference call for Wednesday, June 1,... Read more
12-Apr-2022Source: Jaunt Air Mobility
Jaunt Air Mobility (“Jaunt”) announced that Calin Rovinescu, Air Canada’s recently retired President and Chief Executive Officer, and Mitch Garber, a global technology and growth capital investor have added their names as investors and advisors of Jaunt Air Mobility. “We are extremely pleased to have someone of Calin’s extraordinary business and aviation experience support Jaunt... Read more
25-Mar-2022Source: Skyports
Skyports, the electric air taxi infrastructure and drone services provider, has raised USD 23 million in the first close of its Series B funding round. The capital, from a combination of new and existing investors, will enable Skyports to consolidate its position as a global leader in the advanced air mobility infrastructure and drone operations... Read more
7-Mar-2022Source: Volocopter
Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion. Composed of funds by new and existing investors, the money raised will assist with the certification of Volocopter’s electric... Read more
14-Feb-2022Source: Volocopter
Volocopter, the pioneer of urban air mobility (UAM), and Aviation Capital Group LLC (ACG) have entered into an agreement in principle to develop financing solutions that will assist with the sale of Volocopter’s family of electric vertical take-off and landing (eVTOL) aircraft for up to USD 1 billion. Deliveries are expected to commence once the... Read more
4-Feb-2022Source: Bristow
Total revenues of $295.6 million in Q3 FY22 compared to $301.6 million in Q2 FY22 Breakeven earnings and earnings per share in Q3 FY22 compared to net income of $2.8 million, or $0.10 per diluted share, in Q2 FY22 EBITDA adjusted to exclude special items and asset dispositions was $30.7 million in Q3 FY22 compared... Read more
28-Jan-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release financial results for its third quarter fiscal year 2022 after market close on Thursday, February 3, 2022. In connection with the release, Bristow has scheduled a conference call for Friday, February 4, 2022, to begin... Read more
28-Oct-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release financial results for its second quarter fiscal year 2022 after market close on Wednesday, November 3, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, November 4, 2021 to begin... Read more
26-Oct-2021Source: Archer Aviation
Archer Aviation Inc. (“Archer”) (NYSE: ACHR), today announced that it expects to release its Third Quarter Fiscal Year 2021 financial results on Thursday, November 11, 2021 at 4:00 p.m Eastern Standard Time. There will be a conference call to discuss these results on Thursday, November 11, 2021 at 4:30 p.m. Eastern Standard Time. A webcast... Read more
21-May-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions announced it will release financial results for its fourth quarter fiscal year 2021 after market close on Wednesday, May 26, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, May 27, 2021 to begin at 10 a.m. ET... Read more
26-Feb-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) (the “Company”) announced the closing of its private offering of $400 million aggregate principal amount of 6.875% senior secured notes due 2028 (the “notes”). The notes were issued under an indenture, dated February 25, 2021, among the Company, the subsidiary guarantors party thereto and U.S. Bank National Association, as trustee... Read more
15-Feb-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) (the “Company”) announced the pricing of its previously announced private offering of $400 million aggregate principal amount of 6.875% senior secured notes due 2028 (the “notes”) to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The closing of... Read more
12-Feb-2021Source: Kaman
Kaman Corp. (NYSE:KAMN) announced that it will report its fourth quarter 2020 results after the stock market closes on Thursday, February 25, 2021, and host a live webcast and conference call at 8:30 am ET on Friday, February 26, 2021. In addition, a supplemental presentation relating to the fourth quarter and full year 2020 results... Read more
28-Jan-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, announced it will release financial results for its third quarter fiscal year 2021 after the market closes on Tuesday, February 2, 2021. In connection with the release, Bristow has scheduled a conference call for Wednesday, February 3, 2021 to begin at 10 a.m.... Read more
30-Oct-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, announced it will release financial results for its second quarter fiscal year 2021 after the market closes on Wednesday, November 4, 2020. In connection with the release, Bristow has scheduled a conference call for Thursday, November 5, 2020 to begin at 10 a.m.... Read more
23-Oct-2020Source: Kaman
Kaman Corp. (NYSE:KAMN) announced that it will report its third quarter 2020 results after the stock market closes on Wednesday, November 4, 2020, and host a live webcast and conference call at 8:30 am ET on Thursday, November 5, 2020. The call will be accessible by telephone within the U.S. at (844) 473-0975 and from... Read more
28-Apr-2020Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”) announced that on April 21, 2020 it repurchased an aggregate of 54,099 shares of its common stock at an average price of $3.64 per share, on April 22, 2020 it repurchased an aggregate of 46,027 shares of its common stock at an average price of $3.81 per share and on... Read more
19-Mar-2020Source: HAI
Helicopter Association International (HAI) has joined a coalition of five other general aviation associations in seeking from the US government financial relief for general aviation businesses. The request stems from the unstable global economic situation created by the COVID-19 pandemic. In a March 17 letter to majority and minority leaders of the US Senate and... Read more
6-Mar-2020Source: Wingcopter
Only three months after its initial funding, Corecam Capital Partners has increased its investment in Wingcopter in a second closing. In December, the multi-family office from Singapore participated in a seed round with several million euros in the German start-up, which develops and sells transport drones for humanitarian and civil applications. The reason for the... Read more
4-Nov-2019Source: Bristow
Bristow Group Inc. (“Bristow” or the “Company”) announced that it has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 reorganization plan confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on October 4, 2019. Bristow has reduced its debt significantly and is emerging with $535 million of new... Read more
16-Oct-2019Source: SF Gate
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.... Read more
8-Oct-2019Source: Otago Daily Times
A Queenstown helicopter company, placed in liquidation in February, has had its assets – including its name – sold for $125,000. See Full Story.... Read more
8-Oct-2019Source: Bristow
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
12-Sep-2019Source: Volocopter
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
12-Sep-2019Source: PHI
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
31-Jul-2019Source: Crown Capital Partners
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
30-Jul-2019Source: Era Group
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
18-Jul-2019Source: Essex & Herts Air Ambulance
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
9-Jul-2019Source: LCI Helicopters
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
25-Jun-2019Source: Helijet
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
25-Jun-2019Source: Bristow
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
13-Jun-2019Source: Workhorse Group
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
6-May-2019Source: Era Group
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
26-Apr-2019Source: Helijet
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
25-Jan-2019Source: Airbus Helicopters
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
16-Jan-2019Source: Bristow
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
28-Nov-2018Source: Bristow Group
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
23-Oct-2018Source: PHI Inc.
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
2-Oct-2018Source: PHI
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
1-Oct-2018Source: PHI, Inc.
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
12-Sep-2018Source: PHI
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
2-Jul-2018Source: NBAA
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
19-Jun-2018Source: PHI
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
18-Jun-2018Source: PHI
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
26-Mar-2018Source: BLADE
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
3-Mar-2018Source: Era Group
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
