28-Jul-2022Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, has announced that it has delivered to Heliconia Group (“Heliconia”) a AW139 helicopter. The medium twin-engine helicopter will be based in Senegal and used to support the company’s offshore operations. Pat Sheedy, President & CEO, Milestone, said, “We are delighted to welcome Heliconia... Read more
27-Jul-2022Source: LCI
LCI, a leading aviation company and a subsidiary of the Libra Group, has today announced an order for up to six H175 super-medium helicopters from Airbus, valued at over US$125 million. The order is for two confirmed aircraft with the first H175 set to be delivered to LCI in late 2023. The agreement provides for... Read more
25-Jul-2022Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, has announced that it has delivered a second AW169 helicopter to UK-based operator, Sloane Helicopters (“Sloane”). The first helicopter, a new AW169, was delivered in December 2021. Sloane will operate the helicopters on behalf of the Children’s Air Ambulance UK, an inter-hospital transfer... Read more
1-Jul-2022Source: LCI
LCI, a leading aviation company and a subsidiary of the Libra Group, has announced the acquisition of a portfolio of nineteen (19) helicopters from Lobo Leasing, alongside RIVE Private Investment and Turning Rock Partners. The portfolio is valued at over US$115 million and comprises of helicopters from leading manufacturers including Airbus Helicopters, Bell, Leonardo... Read more
27-Jun-2022Source: Lobo Leasing
Lobo Leasing Limited and EMP Structured Assets GmbH are delighted to announce the formation of LEVL Leasing Limited, a Dublin based joint-venture company dedicated to providing lease and capital solutions for helicopter and vertical lift operators. Lobo and EMP each own 50 % in the joint venture. LEVL Leasing brings togethers Lobo Leasing’s full... Read more
16-Jun-2022Source: LCI
LCI, a leading aviation company and a subsidiary of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), have delivered two new Leonardo AW169 helicopters from its joint venture leasing operation to the well-established Italian helicopter operator, Alidaunia. The two state-of-the-art aircraft will be based in Naples and Salerno on long term... Read more
27-Apr-2022Source: LCI
LCI, a leading aviation company and a subsidiary of the Libra Group, has signed an agreement with BETA Technologies (BETA), developer of a fully integrated electric aviation system, to acquire up to 125 of the company’s electric vertical take-off and landing (eVTOL) aircraft LCI’s commitment for BETA’s ALIA-250 eVTOL aircraft will enable the company to... Read more
6-Apr-2022Source: Lobo Leasing
Pipistrel, the world leader in electric aviation and unmanned flight systems, and Lobo Leasing Limited, a global vertical lift leasing platform, signed a letter of intent with deposits for the acquisition of 15 Nuuva V300 autonomous cargo hVTOL aircraft. The agreement confirms Lobo and Pipistrel’s commitment to the development of new vertical takeoff and landing,... Read more
5-Apr-2022Source: LCI
LCI, a leading aviation leasing company, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), have acquired and committed to a further five next generation helicopters. These additional aircraft bring their total Joint Venture (JV) portfolio to 38 units valued at over US$420 million – a doubling in size in less than two years from... Read more
9-Mar-2022Source: LCI
LCI, a leading aviation leasing company, today announced that it has taken delivery of its 100th helicopter engine from Pratt & Whitney Canada. Pratt & Whitney Canada engines power many of LCI’s next generation helicopters. These include the PT6C-67C, the PW210A and the PW207 on Leonardo’s AW139, AW169 and the AW109S. The company’s PT6C-67E powers... Read more
9-Mar-2022Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing announced the delivery of an Airbus H145 helicopter to Ecocopter Ecuador, a leading South American operator. Located at Ecocopter’s base in Quito, the aircraft will be the first of its type to be based in Ecuador and will be deployed on missions across... Read more
28-Feb-2022Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, has partnered with Australian fire-fighting equipment designer, Helitak Firefighting Equipment Pty Ltd (“Helitak”), to develop a new mission for the Sikorsky S-92A as a next-generation, multi-purpose fire-fighting platform. As the largest owner of the S-92A, Milestone worked closely with Helitak to develop the... Read more
14-Feb-2022Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, has announced that it has signed 11 lease agreements with Omni Helicopters International (“OHI”), the largest helicopter operator in Brazil. The 11-aircraft deal comprises AW139 helicopters which were recently delivered to OHI, and S92 helicopters which are already in operation and will continue... Read more
9-Feb-2022Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, is pleased to announce that it has successfully completed the final delivery of the medium helicopter fleet renewal program for Aramco Overseas Company, a subsidiary of Saudi Aramco (“Aramco”), a fully integrated, global petroleum and chemicals enterprise. Milestone recently delivered the last unit... Read more
7-Dec-2021Source: Milestone
The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that they are to provide two Sikorsky S-92 Search and Rescue (SAR) helicopters to CHC Helicopters (“CHC”), one of the world’s leading helicopter services and maintenance, repair and overhaul providers. The two Milestone S-92 SAR helicopters will be used to support... Read more
1-Dec-2021Source: LCI
LCI, a leading aviation leasing company, today announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft lease division of the Nova Capital Group, with single-engine operations remaining within the Group. The acquisition will result in... Read more
29-Nov-2021Source: Nova Capital Group
Nova Capital, the European independent helicopter and aircraft lessor, today announced the award of a sale and leaseback facility for (6) factory new AIRBUS H145D3 helicopters in Emergency Medical Services (EMS) configuration, including two (2) options. These latest portfolio additions expand Nova’s owned and managed fleet to 89 Helicopters and 14 fixed-wing aircraft, with a... Read more
3-Nov-2021Source: Lobo Leasing
Helicopter lease servicing company Lobo Leasing Limited has completed a management buy-out (MBO). The company is now wholly owned by senior management – Bill Wolf (CEO) and Dan Roberts (COO). This transaction demonstrates the commitment of Lobo’s management to the long-term future of Lobo as an investment arranger and manager in the vertical lift sector.... Read more
21-Oct-2021
LCI, a leading aviation leasing company, has placed two Leonardo AW139 helicopters on long-term operating leases with its newest customer, Heligo Charters Pvt. Ltd. The state-of-the-art aircraft were recently delivered to Heligo’s base at Juhu Airport in Mumbai, from where they will provide crew transfer services for India’s largest energy company, ONGC. Nigel Leishman, Executive Vice President... Read more
7-Sep-2021Source: Milestone
The following announcement from Milestone comes as TAS is gradually getting rid of their five-strong Sikorsky S76D fleet. Of these, two have been delivered to Caverton Helicopters in Nigeria and two of the others have not flown, one for two months and one for four months. We understand one of the latter pair is destined... Read more
2-Sep-2021Source: HeliHub.com
There are very few countries where the national registration authority openly lists a registration cancellation as being due to an IDERA (Irrevocable Deregistration and Export Request Authorisation). The website of CAA in Australia describes an IDERA as “a voluntary measure that provides greater security to creditors by preventing a debtor from flying an aircraft to... Read more
10-Aug-2021Source: Hausfeld
The UK Commercial Court sided with the claimant in Iris Helicopter Leasing Limited v Elitaliana Srl [2021] 7 WLUK 499, in a claim under a lease of a AgustaWestland AW139 health and emergency services helicopter. The judgment is the latest in a series of decisions over the last 12 months where the Court has rejected frustration... Read more
4-Aug-2021Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”) has announced that it is providing two Airbus H145 helicopters to Quark Expeditions, the leader in Polar Adventures. The aircraft will be stationed on the dual heli-decks of Quark Expedition’s brand-new Ultramarine expedition ship and will be used to provide passengers with unique adventure opportunities in the Polar Regions.... Read more
22-Jul-2021Source: STLC
The State Transport Leasing Company (STLC) has leased the Mi-8 MTV-1 helicopter to Convers Avia as part of the MAKS-2021 International Aviation and Space Salon. Since 2019, Convers Avia has been the current lessee of STLC; earlier, three leasing agreements were concluded under the state program for Mi-8 helicopters. In June 2021, STLC and Convers... Read more
22-Jul-2021Source: STLC
The State Transport Leasing Company (STLK) has leased the Ansat helicopter to RusAvia on the sidelines of the MAKS-2021 International Aviation and Space Salon. RusAvia is a new client for STLC, the first lease agreement under the STLC program with state co-financing for the Ansat helicopter was concluded in June 2021. One of the main... Read more
22-Jul-2021Source: STLC
The State Transport Leasing Company (STLC) has leased the Mi-8 MTV1 helicopter to KrasAvia as part of the MAKS-2021 International Aviation and Space Salon. KrasAvia is a long-time partner of STLC; since 2012, five leasing agreements have been concluded with the airline for 3 L-410 aircraft, 2 Robinson R-66 helicopters and a Mi-8 helicopter. In... Read more
22-Jul-2021Source: STLC
The State Transport Leasing Company (STLK) and CJSC Aviation Enterprise Yeltsovka signed an agreement of intent to lease 8 Mi-8 MTV-1 helicopters in 2022-2023. The agreement was signed within the framework of the International Aviation and Space Salon MAKS-2021. The delivery of new aircraft will allow Yeltsovka to modernize and expand its aircraft fleet, increase... Read more
14-Jul-2021
Milestone Aviation Group Limited (“Milestone”) has signed a Purchase/Leaseback (PLB) arrangement for a AW169 helicopter with Belgian-based operator, NHV Group (“NHV”), a leading provider of B2B helicopter services. The AW169 helicopter delivered earlier this month will support missions in the UK for Italian oil and gas company, ENI. It will be based in Blackpool, United... Read more
11-Jun-2021
Avolon, the international aircraft leasing company, and Vertical Aerospace (‘Vertical’), the most advanced electric vertical take-off and landing (‘eVTOL’) company in the world, announce a ground-breaking US$2 billion order for up to 500 electric eVTOL aircraft. This agreement, which is subject to certain closing conditions, will introduce the ultra-short-haul aircraft category to commercial aviation, a... Read more
5-Mar-2021Source: Milestone Aviation
The Milestone Aviation Group Limited (“Milestone”), a GECAS company and the global leader in helicopter leasing and NHV Group (“NHV”), a leading provider of B2B helicopter services, have announced an expansion of their partnership with the provision of two Airbus five-bladed H145 helicopters to support the operator’s contract with Germany’s Federal Armed Forces’ training program... Read more
12-Feb-2021
The Milestone Aviation Group Limited (“Milestone”), a GECAS company and the global leader in helicopter leasing has announced that it has added 11 Airbus H225 helicopters to the Air Center Helicopters, Inc (“ACHI”) fleet. The aircraft will be delivered throughout 2021 and 2022 and will primarily be used for utility, training and transport missions for... Read more
5-Oct-2020Source: Airbus Helicopters
Milestone Aviation and Airbus Helicopters have agreed to include six H160s in Milestone’s orderbook. The helicopters will be destined for a range of missions including offshore transportation and emergency medical services, the first of which is set to deliver in 2023. “Today’s announcement will see us enhance our orderbook to include the H160 which we... Read more
23-Sep-2020Source: LCI
LCI, a leading helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business. The vehicle has launched with the initial acquisition of 19 next generation helicopters with a value of US$230 million. SMFL and... Read more
30-Jul-2020Source: HeliHub.com
In it’s 2020 Q2 report released yesterday, US conglomerate General Electric has written off $729 million of their valuation of the Milestone Aviation helicopter leasing business they acquired in 2015 for $1.775 billion plus the assumption or payoff of the company’s existing debt. GE normally carries out an annual test for goodwill impairment in their... Read more
18-Jul-2020Source: Thora Capital
Thora Capital (“Thora”), a Chicago-based alternative asset manager dedicated to aviation finance, announced the acquisition of six lease-attached Emergency Medical Services (“EMS”) helicopters from Milestone Aviation. The aircraft are leased and operated by Life Flight Network (“Life Flight”) headquartered in Oregon. “We are thrilled to announce this acquisition, one of several deals we anticipate consummating over the... Read more
25-Jun-2020Source: GA Telesis
GA Telesis, LLC (“GAT”) announces the formation of GA Telesis Rotorcraft (“GATR”) to provide lease and finance solutions in the helicopter sector. GATR closed its first helicopter transaction, a portfolio of Bell helicopters. GAT completed the acquisition of seven Bell 206L4 helicopters, four of which are subject to multi-year leases. Regarding the other three helicopters,... Read more
12-Jun-2020Source: Nova Capital
Nova Capital, the European independent helicopter lessor, today announced the acquisition of eight new helicopters in Emergency Medical Services configuration. These latest additions to the Nova Capital portfolio, include 2 Leonardo 139’s, 3 Leonardo 169’s, and 3 Airbus H145’s. All of the Aircraft are factory new, and are already deployed serving on EMS missions in... Read more
11-Jun-2020Source: Bristow
Bristow Group Inc. (NYSE:VTOL) and Era Group Inc. (“Era”) announced today that they have completed their combination (the “Merger”), creating a financially stronger company with enhanced size and diversification. The newly combined company will use the Bristow Group name (“Bristow”) and will remain a publicly traded company on the New York Stock Exchange. The newly combined company’s common... Read more
7-May-2020Source: LCI
LCI, a leading helicopter lessor and the aviation division of the Libra Group, has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital, LLC. and RIVE Private Investment as partners. The transaction covers six Leonardo AW139s and three Airbus H130 helicopters, all of which have long-term, secure debt financing... Read more
28-Jan-2020Source: LCI
LCI, a leading helicopter lessor and the aviation division of the Libra Group, has sealed new partnerships with two leading financial institutions as it continues to grow its fleet. The lessor has just taken delivery of a Leonardo AW169 helicopter with financing arranged from new partner, Investec. The state-of-the-art aircraft is being placed with a leading... Read more
23-Jul-2019Source: LCI
Lease Corporation International (LCI),a leading helicopter lessor and the aviation division of the Libra Group, has successfully closed a new asset-backed helicopter facility in excess of US$135 million with a syndicate of five banks led by CIT Group Inc. as agent. The new facility, which has been agreed with CIT, National Westminster Bank Plc, National... Read more
3-Jul-2019Source: LCI
Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, is growing the breadth of industry talent and experience within its organisation with the appointment of Mark Stevens and Alejandro Kerschen to its advisory board. The board, which was first established in 2013, is made up of senior industry executives... Read more
13-Mar-2019Source: Macquarie
Macquarie Group Limited (ASX; MQG; ADR: MQBKY) announced today that Macquarie Rotorcraft Leasing has completed the acquisition of a helicopter portfolio from Waypoint Leasing Holdings Ltd. (“Waypoint”) and its subsidiaries. The portfolio acquired from Waypoint comprises 120 medium and heavy helicopters leased to approximately 30 operators as well as a number of firm and option... Read more
12-Mar-2019Source: LCI
Lease Corporation International (LCI), the aviation division of the Libra Group, has grown its Australia-based fleet of helicopters to 14 Leonardo AW139s with the arrival of two aircraft. The two AW139s are being transitioned by LCI customer, Babcock International Group company, from Aberdeen, United Kingdom to Karratha, Western Australia, where they will be operated by... Read more
6-Mar-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 fiscal year and fourth quarter 2018 after the market closes on Thursday, March 7, 2019. In connection with the release, Era has scheduled a conference call for Friday, March 8, 2019, to... Read more
6-Mar-2019Source: Lease Corporation International
Lease Corporation International (LCI), the aviation division of the Libra Group, has expanded its longstanding relationship with Weststar Aviation Services Sdn Bhd (Weststar) with the recent delivery of two additional helicopters on operating leases in Malaysia. Weststar, one of the global leaders in offshore helicopter aviation services, has recently taken delivery of two helicopters –... Read more
8-Dec-2018Source: Waypoint
Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, today announced that it and certain subsidiaries (“Waypoint”) have entered into an agreement to be purchased by Macquarie Group (“Macquarie”) for approximately $650 million. Macquarie Rotorcraft Leasing will combine the Waypoint helicopter assets and management platform with its own portfolio and employ the Waypoint... Read more
24-Oct-2018Source: LCI
Lease Corporation International (“LCI”), the aviation division of the Libra Group, has completed the transition of a Leonardo AW139 helicopter to enter service with Elitaliana S.r.l. (“Elitaliana”) in Italy. The helicopter, which is being converted for full emergency medical services (EMS) operations from Oil and Gas (O&G) operations, is the second of its type operated... Read more
30-Jul-2018Source: Kaman Aerosystems
Kaman Aerosystems, a division of the Aerospace segment of Kaman Corporation (NYSE:KAMN) announced today that it has entered into an agreement with Rainier Heli International Inc. (Rainier), of Kirkland, Washington, under which Rainier will offer K-MAX® leasing solutions to customers. Rainier specializes in providing lease and lease-to-purchase programs tailored to meet the specific needs of helicopter operators around the world. “Rainier... Read more
11-Jul-2018Source: LCI
Lease Corporation International (“LCI”), the aviation division of the Libra Group, has today delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. (“Elitaliana”) in Italy, fully equipped for Emergency Medical Services (EMS) operations. The helicopter enters service with Elitaliana on a long term operating lease from LCI, and joins two other AW169s delivered by... Read more
3-Jul-2018Source: Lease Corporation International
Lease Corporation International (“LCI”), the aviation division of the Libra Group, today announces its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co. (“Kingwing”), each configured for Emergency Medical Services (EMS) operations. This latest announcement reinforces LCI’s long-held strategy of curating a balanced and diverse... Read more
8-Jun-2018Source: Milestone Aviation
Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has completed the purchase and lease back of four S-92® aircraft. The acquisition of these aircraft expands Milestone’s owned and debt financed fleet of S-92 helicopters to over 95 — more than one... Read more
28-Feb-2018Source: LCI
Lease Corporation International (LCI), the aviation division of the Libra Group, has today announced that it is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175 aircraft with the operator. The helicopter is due to enter service in December 2018 and will be supporting CHC’s operations in the UK. This... Read more
5-Feb-2018Source: Allan Blake
When helicopters are not needed and put into long term storage, either by lessors or operators, they are wrapped in a cover that protects them from the effects of humidity. Steve Hanna is the CEO of the company that provides these covers, over 300 of them so far, and his business success and attendance for... Read more
3-Oct-2017Source: Waypoint
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced a Waypoint Airbus H225 helicopter, operating on lease to Global Helicopter Service GmbH (“GHS”), will be used as a demonstrator and display aircraft at the Helitech International Helicopter Expo (“Helitech”), to take place at the ExCeL Convention Centre, London from 3-5 Oct... Read more
15-Sep-2017Source: Waypoint Leasing
Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced the establishment of a Leasing Platform in the Tianjin Free Trade Zone DFTP Area (“DFTP”) in China. Working in close collaboration with the highly experienced team at the Tianjin Free Trade Zone DFTP, the establishment of this Leasing Platform will allow Waypoint to... Read more
7-Mar-2017Source: Airbus
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
7-Mar-2017Source: Milestone Aviation
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
2-Feb-2017Source: HeliHub.com
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
31-Jan-2017Source: HeliHub.com
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
30-Jan-2017Source: Waypoint
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
9-Dec-2016Source: HeliHub.com
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. ... Read more
25-Oct-2016Source: Milestone Aviation
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
20-Oct-2016Source: HeliHub.com
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
12-Oct-2016Source: 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
5-Sep-2016Source: LCI
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
30-Aug-2016Source: Waypoint
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
30-Aug-2016Source: Waypoint
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
3-Aug-2016Source: Waypoint
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
12-Jul-2016Source: AgustaWestland
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
24-Jun-2016Source: Waypoint
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
11-May-2016Source: Waypoint
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
11-May-2016Source: HeliHub.com
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
19-Apr-2016Source: Waypoint
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
14-Apr-2016Source: VNH South
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
