Joint Ventures

Russia and India Sign Joint Venture

Russia and India Sign Joint Venture

11-May-2017Source: HeliHub.com

May 2 saw the formal creation of the Joint Venture between India and Russia. The deal between India’s Hindustan and Russia’s Russian Helicopters and Rosoboronexport will now enable them to manufacture Ka-226T helicopters, reports TASS.... Read more

Presidential Approval for Indo-Russian JV

Presidential Approval for Indo-Russian JV

18-Apr-2017Source: HeliHub.com

President Vladimir Putin has finally given his approval for an Indo-Russian joint venture for the production of 200 Kamov military helicopters. The deal, signed in 2015 for $1 billion, is between Hindustan Aeronautics Limited (HAL), Russian Helicopters and Rosoboronexport. They have yet to sign the MoU, reports Press Trust of India.... Read more

India-Russian Kamov 226T Joint Venture Delayed

India-Russian Kamov 226T Joint Venture Delayed

5-Apr-2017Source: HeliHub.com

A $1 billion joint venture between India and Russia was signed in 2015 and last year they had finalised the broad agreement, but are now halted waiting for the final presidential clearance. The JV between Hindustan Aeronautics and two Russian defence majors was created so that production of 200 Kamov 226T multi-role helicopters could be... Read more

India and Russian Joint Venture Documents in Final Stages

India and Russian Joint Venture Documents in Final Stages

15-Feb-2017Source: HeliHub.com

Rosoboronexport, Russian Helicopters and HAL have come together to form a Joint Venture in creating a light weigh multi-role Ka-226T. The agreement contract will take another two months as they still need formal registration between Russia and India. Prime Minister Narendra Modi signed the intergovernmental agreement in December of 2015, reports India Times.  ... Read more

Safran Helicopter Engines to form Indian JV with HAL

Safran Helicopter Engines to form Indian JV with HAL

12-Jul-2016Source: Safran

Safran Helicopter Engines and Hindustan Aeronautics Ltd. (HAL) have agreed to establish, in India, a support centre for national and international rotorcraft customers. The joint venture will be opened in the coming months. This new centre will provide maintenance repair and overhaul (MRO) services for Safran TM333 and HAL Shakti engines installed on HAL-built helicopters.... Read more

Leonardo JV in Russia adjusted as Rosneft confirms order for another 20 AW189s

Leonardo JV in Russia adjusted as Rosneft confirms order for another 20 AW189s

21-Jun-2016Source: Leonardo

Leonardo-Finmeccanica, Rostec and Rosneft have announced the signing of an agreement for the future sale of additional twenty AgustaWestland AW189 commercial helicopters to RNAircraft, a subsidiary of the oil company Rosneft. The new helicopters will be used for transportation purposes. Aircraft deliveries are expected to start in 2018 with three units to be assembled in... Read more

StarFlight Australia launches – an Australian-Turkish joint venture

StarFlight Australia launches – an Australian-Turkish joint venture

11-Apr-2016Source: StarFlight Australia

Two iconic aviation organisations have joined forces to officially launch Australia’s latest aviation company, StarFlight Australia, which features access to factory new, fully equipped and compliant Russian Kamov Ka-32A11BC helicopters for firefighting and AgustaWestland (Finmecannica Helicopters) range of helicopters for emergency medical service and search and rescue missions in Australasia. The joint venture company was... Read more

Indian Government approves JV between AgustaWestland and Tata Sons

Indian Government approves JV between AgustaWestland and Tata Sons

19-Oct-2015Source: Money Control

The Foreign Investment Promotion Board (FIPB) has cleared the proposal to set up a chopper assembling unit by Indian Rotorcraft (IRL), a joint venture between AgustaWestland and Tata Sons.See Full Story... Read more

Airbus Helicopters and Mahindra Group form military joint venture

Airbus Helicopters and Mahindra Group form military joint venture

6-Jul-2015Source: Airbus

Airbus Helicopters is joining hands with Mahindra Group subsidiary, Mahindra Defence, to produce helicopters in India in order to meet the country’s military requirements. The strengths of both the companies will ensure a strong partnership to present the best rotorcraft solutions for India’s needs and strengthen indigenous industrial capabilities. The teaming represents a significant step... Read more

Russian Helicopters and AgustaWestland stop development of 2.5T helicopter

Russian Helicopters and AgustaWestland stop development of 2.5T helicopter

6-Jun-2014Source: FlightGlobal

FlightGlobal quotes a directory of Russian Helicopters confirming their joint venture with AgustaWestland to develop a 2.5T class light turbine helicopter have been shelved.  See full story... Read more

DynCorp International sets up strategic firefighting alliance with Coulson Group

DynCorp International sets up strategic firefighting alliance with Coulson Group

20-Mar-2014

DynCorp International (DI) today announced the expansion of its international aerial firefighting offering through a new strategic alliance with The Coulson Group of British Columbia, Canada. “In spots around the world, every day, DynCorp International’s aerial firefighting teams are saving lives and land,” said Jim Myles, senior vice president, DynAviation, DI’s aviation business Group. “It’s... Read more

PremiAir and ASU sign JV to sell Night Vision technology in Europe

PremiAir and ASU sign JV to sell Night Vision technology in Europe

19-Mar-2014Source: PremiAir

PremiAir International Group, U.K., has announced that it has entered into a transatlantic joint venture with Aviation Specialties Unlimited, Inc., (ASU) of Boise, Idaho to bring innovative new night vision technologies to the U.K. and other European countries.   Under the terms of the joint venture – which was signed at the recent Helicopter Association... Read more

Summit Group and Haisla Nation Form Aviation Partnership

Summit Group and Haisla Nation Form Aviation Partnership

8-Feb-2014Source: Summit Group

The Summit Aviation Group and the Haisla Nation announced today that they have jointly formed a new entity called Summit Kitimaat Aviation Limited Partnership to provide aviation services within the Haisla Traditional Territory near Kitimat, British Columbia. “We are honoured to be selected as their partner and look forward to helping foster economic development within... Read more

Russian Helicopters, AgustaWestland and Turbomeca extend collaboration

Russian Helicopters, AgustaWestland and Turbomeca extend collaboration

19-Dec-2013Source: Russian Helicopters

Russian Helicopters, AgustaWestland and Turbomeca agree to extend collaboration on core joint projects Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec, AgustaWestland (a Finmeccanica company) and Turbomeca (Safran) have agreed to continue working together on core joint projects. The agreements were reached during a visit by a Russian Helicopters delegation headed by... Read more

Russia considers joint venture Kamov plant in India

Russia considers joint venture Kamov plant in India

25-Nov-2013Source: RIA Novosti

Russian deputy Prime Minister Dmitry Rogozin is quoted as saying that agreement was reached after talks between India’s prime minister Manmohan Singh and President Vladimir Putin last month  See full story... Read more

TATA Sikorsky JV delivers first fully indigenous S-92 cabin

TATA Sikorsky JV delivers first fully indigenous S-92 cabin

25-Oct-2013Source: Sikorsky

The India joint venture established between Tata Advanced Systems and Sikorsky Aircraft Corporation today announced that its S-92® helicopter cabin production in India has become 100 percent indigenous. The India operation is not only assembling cabins but also producing all parts needed for the assembly, before shipping the cabins to the U.S. for aircraft completion and customer... Read more

AgustaWestland and Russian Helicopters sign on new 2.5T helicopter

AgustaWestland and Russian Helicopters sign on new 2.5T helicopter

1-Sep-2013Source: Russian Helicopters

Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec, and AgustaWestland, a Finmeccanica company, are pleased to announce that they have signed a Heads of Agreement at the MAKS 2013 air show defining the joint design and development programme for a new 2.5-tonne class single-engine helicopter. The agreement was signed byDaniele Romiti, CEO... Read more

Boeing-Sikorsky JV to Offer Saudi Rotorcraft Logistics and Training

Boeing-Sikorsky JV to Offer Saudi Rotorcraft Logistics and Training

21-Jun-2013Source: Sikorsky

Boeing [NYSE: BA] and Sikorsky Aircraft Corp. [NYSE: UTX] have formed a joint venture to compete for sustainment services in support of the Kingdom of Saudi Arabia’s rotorcraft fleet. Contracts that the joint venture will pursue are administered by the U.S. government as part of its Foreign Military Sales process. The joint venture will help... Read more

HRD-Aero Sekur joint venture opens safety equipment MRO hub

HRD-Aero Sekur joint venture opens safety equipment MRO hub

17-Jun-2013Source: Aero Sekur

As a result of a Joint Venture between Aero Sekur and HRD Aero Systems Inc. a one stop hub for the repair and overhaul of commercial aircraft safety equipment has been formed. Operating as a European Centre of Excellence, HRD Aero Sekur builds on both organisations’ established MRO skills and services. The new 20,000 sq.... Read more

Eurocopter Kazakhstan JV to produce EC645T2

Eurocopter Kazakhstan JV to produce EC645T2

27-Mar-2013Source: Tengri News

Eurocopter Kazakhstan Engineering JV [the agreement on establishing the JV was signed October 27, 2010 in France] plans to start producing EC645 T2 military helicopters,Tengrinews.kz reports, citing Kazakhstan Engineering’s Press Service (see full story).... Read more

Eurocopter’s Kazakhstan JV accused of labour law violations

Eurocopter’s Kazakhstan JV accused of labour law violations

21-Mar-2013Source: Eurasianet

Just a week after proudly announcing the expansion of the Kazakh-European joint venture producing military helicopters, it seems that relations between Kazakhstan’s government and its European partner, defense giant Eurocopter, may be getting rocky (see full story).... Read more

AgustaWestland JV Indian Rotorcraft distances itself from AW101 story

AgustaWestland JV Indian Rotorcraft distances itself from AW101 story

18-Feb-2013Source: Tata

Indian Rotorcraft (IRL), the proposed joint venture with AgustaWestland is for assembling AW119Ke helicopters. The assembly activity is slated to start in April 2014. The facility is being established in Hyderabad for assembling only AW119Ke helicopters. IRL will export the assembled helicopters to AgustaWestland for it to sell to its customers. IRL business remit does... Read more

Strategic Venture to Serve Bell Helicopter Network Announced

Strategic Venture to Serve Bell Helicopter Network Announced

29-Aug-2012Source: Cadorath Group

Cadorath Group and Meridian Aviation Consulting LLC have joined forces to establish Meridian Helicopters LLC. The new venture will focus on providing reworked parts distribution support as well as consulting, brokering and technical support for the global Bell Helicopter network. “Our goal is to be the most trusted and valued parts supply chain partner in... Read more

Russian Helicopters and AgustaWestland form JV for new light helicopter

Russian Helicopters and AgustaWestland form JV for new light helicopter

10-Jul-2012Source: Helihub.com

RIA Novosti, the Russian state news agency, is reporting that Russian Helicopters CEO Dmitry Petrov said on Monday that his company would jointly produce a light helicopter with AgustaWestland.  Final signatures are expected on the agreement at Farnborough Air Show this week. Roll-out of the first example of this new model is expected in 2015,... Read more

Russian Helicopters JV with Eaton to produce Teflon hose in Russia

Russian Helicopters JV with Eaton to produce Teflon hose in Russia

27-Jun-2012Source: Russian Helicopters

Russian Helicopters, part of Russian state defence industry holding Oboronprom, and Eaton have launched jointed production of Teflon hose in Russia using Eaton technology. Eaton’s Teflon hose is being produced at the National Helicopter R&D Centre in Tomilino, near Moscow, where Russian Helicopters has brought together the intellectual assets of the Mil and Kamov construction... Read more

Kaman forms JV in India with Kineco

Kaman forms JV in India with Kineco

3-May-2012Source: Kaman

aman Aerospace Group, Inc., a subsidiary of Kaman Corporation (NYSE: KAMN - News) and Kineco Private Limitedtoday announced that they have entered into an agreement to form a manufacturing company in India. The venture will be based in Goa and will manufacture advanced composite structures for aerospace, medical and other industries. Gregory L. Steiner, President of Kaman Aerospace Group, commented, “This is a... Read more

Russian military snubs Mi-34 to order 100 Eurocopters

Russian military snubs Mi-34 to order 100 Eurocopters

22-Feb-2012Source: HeliHub.com

Moscow-based newspaper Vedomosti is today saying that Russia is preparing to order over 100 Eurocopter AS350 and AS355 helicopters to train military pilots.  The initial phase is a public procurement notice filed on Friday 17th February for 15 single- and 30 twin-engined helicopters, but with pricing to be based on an eventual order for over... Read more

CAPACG and AvConnect announce JV to create cloud-based flight data analysis tool

CAPACG and AvConnect announce JV to create cloud-based flight data analysis tool

11-Feb-2012Source: CAPACG

CAPACG and AvConnect have signed a Memorandum of Understanding (MOU) to create a cloud-based flight data analysis tool specifically for aircraft fleets equipped with Garmin G1000 and other integrated flight decks.  The partnership began in late 2011, as the team collaborated on a federally funded research project to analyze Garmin G1000 flight data for Embry-Riddle... Read more

Abu Dhabi Aviation and AgustaWestland establish UAE Joint Venture

Abu Dhabi Aviation and AgustaWestland establish UAE Joint Venture

15-Nov-2011Source: AgustaWestland

AgustaWestland, a Finmeccanica company, and Abu Dhabi Aviation, the largest commercial helicopter operator in the Middle East, are pleased to announce the establishment of a joint venture in the UAE in the field of helicopter maintenance. The two companies have formed a limited liability company named AgustaWestland Aviation Services LLC to carry out a range... Read more

Eurocopter and HAL fortify their 50 year long relationship

Eurocopter and HAL fortify their 50 year long relationship

24-Jul-2011Source: Eurocopter

Eurocopter, the world’s leading helicopter manufacturer, and Asia’s leading company Hindustan Aeronautics Limited (HAL), have reiterated their commitment to take their five decade long relationship to the next level. The long-time partners are in the process of signing agreements to further strengthen their industrial cooperation and links. This association will focus on increasing existing collaboration... Read more

Top brass assemble for Eurocopter Kazakhstan JV signature ceremony

Top brass assemble for Eurocopter Kazakhstan JV signature ceremony

27-Jun-2011Source: Eurocopter

An agreement formalizing the industrial and commercial scope of the Eurocopter Kazakhstan Engineering joint venture – which will assemble and customize EC145 helicopters at a new facility in Astana – was signed in Paris today by Eurocopter President & CEO Lutz Bertling and Bolat Smagulov, President of Kazakhstan Engineering, in the presence of French and... Read more

AgustaWestland and Russian Helicopters sign JV agreement to establish HeliVert

AgustaWestland and Russian Helicopters sign JV agreement to establish HeliVert

22-Jun-2011Source: Russian Helicopters

Russian Helicopters (subsidiary of JSC UIC Oboronprom, part of Russian Technologies State Corporation) and AgustaWestland (a Finmeccanica company) are pleased to announce the signing of the final agreements for the firm establishment of HeliVert, a Russian Helicopters and AgustaWestland “equal” joint venture. HeliVert is intended to set up and run a final assembly line plant... Read more

CAE and Lider Aviacao announce South American helicopter training JV

CAE and Lider Aviacao announce South American helicopter training JV

4-Mar-2011Source: CAE

CAE and Lider Aviacao, the largest helicopter operator in Brazil, announced today on the eve of Heli Expo 2011, an agreement to form a joint venture company that will provide advanced, simulation-based, helicopter pilot training in South America in early 2012. The new joint venture company will purchase the first full-motion Level D CAE 3000... Read more

Samtel Thales Avionics JV is officially incorporated

Samtel Thales Avionics JV is officially incorporated

10-Feb-2011Source: Thales

Bangalore, India, 09 February 2011 – Samtel Display Systems Ltd. and Thales Avionics SA are proud to announce the official incorporation of their new Joint Venture company, Samtel Thales Avionics Ltd. “This is a key step for Thales in India and its ambitious development plan, actively encouraged by the Indian Defence Ministry,” said Yves Joannic,... Read more

Rosoboronexport and India’s Axis Aerospace sign JV

Rosoboronexport and India’s Axis Aerospace sign JV

9-Feb-2011Source: HeliHub.com

Russia’s Rosoboronexport and India’s Axis Aerospace & Technologies Pvt. Ltd. have announced the signing of an initial agreement to form a joint venture for aerospace and defense business. The JV will also work in design, production and integration of avionics systems, including production of Russian avionics under licence in India.  It would focus on areas... Read more

Advanced Turbine Engine Company announces key leadership

Advanced Turbine Engine Company announces key leadership

26-Oct-2010Source: Honeywell

The Advanced Turbine Engine Company LLC (ATEC), the new joint venture between Honeywell (NYSE: HON) and United Technologies Corporation’s (NYSE: UTX) Pratt & Whitney, has selected its senior leadership team, including its new president, Craig Madden. ATEC was created to develop a more efficient, more powerful engine for UH-60 Black Hawk and AH-64 Apache helicopters.... Read more

Ratan Tata to head Tata/AgustaWestland JV

Ratan Tata to head Tata/AgustaWestland JV

22-Jul-2010Source: Live Mint

Ratan Tata, head of the Tata group, is set to be the chairman of the country’s first private helicopter assembly line, Indian Rotorcraft Ltd.  The firm is a joint venture (JV) between holding company Tata Sons Ltd and Italy-based Finmeccanica SpA’s helicopter unit AgustaWestland. The Tata group has a 74% stake.... Read more

Launch of new JV – Trinity-Qillaq Helicopters

Launch of new JV – Trinity-Qillaq Helicopters

6-May-2010Source: CBC

Two northern aboriginal companies, Trinity Helicopters and Qillaq Innovations, have teamed up to provide helicopter transport services in Nunavut, Canada... Read more

Quasar Aerospace Industries leads JV acquisition of $150M of helicopter parts

Quasar Aerospace Industries leads JV acquisition of $150M of helicopter parts

3-May-2010Source: Quasar Aerospace Industries

JACKSONVILLE, FL, Apr 30, 2010 – Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP).   Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., announces that QASP, with two other partners, has acquired the rights to purchase $150+ million worth of helicopter spare parts for $15 million. These spare parts will be shipped from their present location to... Read more

Eurocopter and Pawan Hans set up two JV companies

Eurocopter and Pawan Hans set up two JV companies

2-Mar-2010Source: The Hindu

Eurocopter announced that it would form ventures with Pawan Hans Helicopters for maintenance repair and overhaul (MRO) and training facilities either in Mumbai or Delhi.... Read more

AgustaWestland and Tata Establish Joint Venture

AgustaWestland and Tata Establish Joint Venture

16-Feb-2010Source: AgustaWestland

AgustaWestland, a Finmeccanica company, and Tata Sons have signed a Shareholders’ Agreement for the formation of an Indian joint venture company which will establish in India a final assembly line for the AW119 helicopter for the worldwide market. The agreement was signed in New Delhi today by Mr. Giuseppe Orsi, CEO, AgustaWestland and Mr. Ratan... Read more

Russian Helicopters offers Middle East operators new approaches to after-sale service and maintenance

Russian Helicopters offers Middle East operators new approaches to after-sale service and maintenance

19-Nov-2009Source: Russian Helicopters

Russian Helicopters held the first regional conferenceentitled New Approaches to Aftersale Service and Maintenance of Mi Helicopters which brought together representatives of the Russian industry, heads of Russian-made helicopter operators from the Middle East, and delegates from regional air authorities.... Read more

Abu Dhabi Aviation and AgustaWestland create UAE joint venture company

Abu Dhabi Aviation and AgustaWestland create UAE joint venture company

19-Nov-2009

AgustaWestland and Abu Dhabi Aviation have reached an agreement to set up in the UAE a joint venture to operate in the field of maintenance and training for helicopters.... Read more

Sikorsky and Tata Create JV in India to Manufacture Aerospace Components

Sikorsky and Tata Create JV in India to Manufacture Aerospace Components

13-Nov-2009Source: Sikorsky

Sikorsky Aircraft Corp. and Tata Advanced Systems Limited (TASL) today announced the signing of an agreement creating a joint venture that will manufacture aerospace components for Sikorsky in India, including components for S-92® helicopter cabins... Read more

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