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
6-Mar-2016Source: Waypoint
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a multi-aircraft agreement with DRF Luftrettung (“DRF”), one of the largest non-profit air rescue services in Germany, for the purchase and leaseback of two Airbus H135P2 helicopters. Both helicopters will operate in Germany, supporting civilian emergency medical... Read more
4-Mar-2016Source: Waypoint
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced at Helicopter Association International’s Heli-Expo that the company has officially surpassed $1.5 billion in total helicopter assets. Waypoint’s fleet, comprised of a diverse mix of assets ranging from light-twin to heavy helicopters, now includes more than 120 aircraft. Additionally, Waypoint has... Read more
2-Mar-2016Source: LCI
LCI, the aviation leasing arm of the Libra Group, touches down at this year’s HAI Heli-Expo with a fleet of 21 helicopters in service, and expects to double this number before the end of 2016. LCI grew extensively in 2015, introducing the AW189 into service in its fleet alongside the AW139. Throughout the year, it... Read more
1-Mar-2016Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a multi-aircraft agreement with Bristow Group Inc. (“Bristow”) for the purchase and leaseback of three AgustaWestland AW139 helicopters. All three helicopters will operate offshore in crew change and limited Search and Rescue roles, on long-term contract in... Read more
29-Feb-2016Source: Meridian Helicopters
Looking to international markets for additional lease customers, Meridian Helicopters provided a Bell 206L4 to a Nicaraguan private operator in the first quarter of 2016. Terms include an option to purchase the aircraft or renew after two years. “Our entrance into international leasing markets has been a long thought out approach” comments Michael Bashlor –... Read more
16-Feb-2016Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced the opening of two new regional offices, covering the company’s operations in Australia and Africa/The Middle East, respectively. Waypoint’s Australia office, located in Brisbane, will be launched in April 2016 and led by Waypoint executive Chris Wakefield. Establishing the office will... Read more
12-Jan-2016Source: Lobo Leasing
Lobo Leasing, a leading global helicopter leasing company, announced the addition of Mark Kelly as Executive Vice President and Managing Director of Lobo Leasing Ltd. to lead its global headquarters in Dublin and report to Lobo CEO, Bill Wolf. Kelly has a wealth of experience in the rotor industry and in building and managing highly... Read more
15-Dec-2015Source: HeliHub.com
Waypoint Leasing have announced that they have closed on a multi-aircraft agreement with Omni Helicopters International S.A. (“OHI”), a strategic partnership between Stirling Square Capital Partners and Omni Group. The aircraft are operating for Omni Taxi Aereo (OTA), Brazil’s largest helicopter service operator to the offshore industry by fleet size. All aircraft operate in support... Read more
19-Nov-2015Source: JSSI
Jet Support Services, Inc. (JSSI), the leading provider of hourly cost maintenance programs for the business aviation industry, announced the launch of its new Asset Monitoring Platform (AMP) today. Developed specifically for business aircraft lenders, JSSI is offering this unique web-based platform as a complimentary service to assist financial institutions with the management of... Read more
11-Nov-2015Source: AgustaWestland
AgustaWestland announced today that Abu Dhabi Aviation (ADA)has agreed to acquire 15 helicopters from the AW Family, comprising the AW169 light intermediate, AW139 intermediate and AW189 super medium twin types. The aircraft are scheduled to be delivered from 2016 through to 2019 and will be used for a variety of missions, including offshore transport. ADA... Read more
22-Oct-2015Source: Waypoint Leasing
Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has expanded and extended its unsecured revolving credit facility through the addition of Deutsche Bank AG and Goldman Sachs Bank USA as lenders to the existing co-leads, SunTrust Robinson Humphrey, Inc. and MUFG Union Bank, N.A. The company will use the... Read more
14-Oct-2015Source: LCI
LCI, the aviation leasing arm of the Libra Group, has signed a cooperation agreement with CM International Financial Leasing Corp., Ltd (CMIFL). LCI, which has a fleet of 90 ordered and delivered AgustaWestland and Airbus helicopters, has chosen CMIFL as the partner to help it grow in the burgeoning helicopter leasing market in China. CMIFL,... Read more
9-Oct-2015Source: LCI
LCI, the aviation leasing arm of the Libra Group, has finalized two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to support LCI’s recent multi-year agreement to lease four new AgustaWestland AW139 helicopters to Australia’s Westpac Rescue Helicopter... Read more
8-Oct-2015Source: AgustaWestland
AgustaWestland announced today that Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, has agreed to acquire an additional 18 helicopters from the AW Family, including the AW169 light intermediate, AW139 intermediate and AW189 super medium twin types. The aircraft are expected to be delivered from 2016 through 2019 and will operate... Read more
8-Oct-2015Source: Airbus
Airbus Helicopters and Waypoint Leasing (Ireland) Limited, the largest independent global helicopter leasing company, announced today that Waypoint has agreed to acquire up to 20 Airbus H135 aircraft over the next three years. Waypoint is the first lessor to acquire and lease the H135, and currently owns 25 Airbus aircraft in its global fleet. The... Read more
6-Oct-2015Source: HeliHub.com
Helitech International, the world’s third largest dedicated helicopter trade show (after Heli-Expo and Heli-Russia) opens today with just three manufacturers booking space on the show floor. AgustaWestland, Airbus Helicopters and Bell are the only manufacturers with floor space, with Sikorsky conspicuous by its absence despite being one of the four manufacturers who reportedly insisted on... Read more
2-Oct-2015Source: LCI
LCI, the aviation leasing arm of the Libra Group, will be exhibiting at this year’s Helitech International 2015, Europe’s largest rotorcraft exhibition. LCI are at stand E10 With 21 countries represented, Helitech International provides an opportunity for LCI to engage with customers and partners, and showcase the latest developments at the company which is taking... Read more
29-Sep-2015Source: Lobo Leasing
Lobo Leasing, a leading global helicopter leasing company, announced the addition of Stuart Jackson, Technical Director, to its global headquarters in Dublin. Jackson brings a wealth of technical and operations expertise with over 35 years in the aviation business in both commercial and parapublic. Jackson has held senior management positions with major helicopter and fixed... Read more
29-Sep-2015Source: LCI
LCI, the aviation leasing arm of the Libra Group, has hired Malcom MacGregor to the new role of Vice President Sales and Marketing, Americas. Mr MacGregor recently joined LCI with over 20 years’ experience in the aviation sector. He was previously Milestone Aviation Group’s Vice President of Sales – Europe, Middle East, India & Africa.... Read more
29-Sep-2015Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, announced that it has placed the first of its Airbus H145 orders on lease with Pacific Helicopters Ltd. (“Pacific”), a leading provider of helicopter services in Papua New Guinea and throughout the Asia-Pacific region. Ed Washecka, CEO of Waypoint Leasing, said, “This transaction... Read more
9-Sep-2015Source: Airbus
CM International Financial Leasing Corp., Ltd. (CMIFL) is to acquire 100 Airbus Helicopters Ecureuil-series rotorcraft over five years, with the initial order of 10 units to be delivered in 2016. CMIFL plans to offer these light single-engine helicopters to operators complete with financing solutions, paving the way for easier and faster development of China’s burgeoning... Read more
9-Sep-2015Source: Waypoint Leasing
Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed on the private placement of US$200 million of senior secured notes, representing Waypoint’s inaugural capital markets financing. The senior secured notes have a maturity of seven years, split across three tranches, providing for both USD and EUR funding capacity... Read more
1-Sep-2015Source: Oceania Aviation
Oceania Aviation headquartered in Auckland, New Zealand has announced an innovative Aircraft Financing instrument to support Helicopter Operators anywhere on the planet. For years Oceania co-owner and Director Josh Camp noted that helicopter operators and financiers always approached funding from totally different perspectives. “As the leading provider of helicopter sales and support in Australasian region,... Read more
13-Aug-2015Source: Waypoint Leasing
Waypoint Leasing (Ireland) Limited (“Waypoint Leasing”), the largest independent global helicopter leasing company, today announced the opening of its Latin American office in January 2016, which will be headed by Waypoint Leasing executive, Steffen Bay. Waypoint Leasing’s Latin American office, which will be located in Rio de Janeiro, will further bolster the firm’s presence across... Read more
11-Aug-2015Source: Waypoint
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent helicopter lessor, announced that it has closed its second transaction with Lider Taxi Aereo S/A (“Lider”), the leading provider of helicopter services to the Brazilian offshore energy industry. The transaction included the purchase and leaseback of a Sikorsky S-92 helicopter, which will operate in support of offshore... Read more
11-Aug-2015Source: Lobo Leasing
Lobo Leasing, a leading global helicopter leasing company, announced the launch of a Latin America office in Rio de Janeiro, Brazil, led by newly appointed Business Development professional, Gustavo Semeraro. With the opening of the new base, Lobo Leasing becomes the first helicopter leasing company to establish an office in Latin America. From the location,... Read more
28-Jul-2015Source: Nova Systems
The recent announcement by the Bristow Group that 130 jobs are at risk in the UK Sector of the North Sea is an ugly enough headline for an industry that, up until 12 months ago, couldn’t get enough pilots to fill helicopter cockpits around the world. But underlying that announcement, the structural effects on the... Read more
24-Jul-2015Source: LCI
LCI, the aviation leasing arm of the Libra Group, has completed the world’s first secured helicopter PDP (“Pre-Delivery Payment”) funding under a unique Islamic finance structure. The innovative multi-year financing arrangement by LCI’s helicopter leasing division, LCI Helicopters, initially covers over US$250 million worth of Airbus Helicopters assets. Bank of London and the Middle East... Read more
15-Jun-2015Source: Bell
Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and gas,... Read more
15-Jun-2015Source: Airbus Helicopters
Airbus Helicopters, a division of Airbus Group, and Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that Milestone has increased its combined orders and options to a total of 28 H175s, the largest order for Airbus’ new super-medium-lift twin-engine rotorcraft. “We have full confidence in... Read more
6-May-2015Source: Era Group
Era Group Inc. (NYSE: ERA) today reported break-even net earnings for its first quarter ended March 31, 2015 (“current quarter”) on operating revenues of $67.4 million. Net income for the quarter ended March 31, 2014 (“prior year quarter”) was $4.4 million, or $0.22 per diluted share, on operating revenues of $79.4 million. Earnings before interest,... Read more
