Leasing News

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LCI to lease second new AgustaWestland AW139 to HeliService

LCI to lease second new AgustaWestland AW139 to HeliService

6-Mar-2015Source: LCI Helicopters

LCI Helicopters, the helicopter leasing arm of the Libra Group, has entered into an agreement to lease a second new AgustaWestland AW139 to HeliService international, a leading provider of offshore services in the North Sea and Baltic regions, as it continues with its expansion plans. The new aircraft will be delivered in March and will... Read more

LCI Helicopters to manage 7 helicopters for SQN Capital Management

LCI Helicopters to manage 7 helicopters for SQN Capital Management

4-Mar-2015Source: LCI Helicopters

LCI Helicopters has entered into an agreement with SQN Capital Management, LLC (SQN), an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm of the Libra Group, will offer a range of services to SQN including asset management, insurance, rent collection,... Read more

Waypoint Signs Letter of Intent to Purchase 20 Bell 525’s Plus Options

Waypoint Signs Letter of Intent to Purchase 20 Bell 525’s Plus Options

3-Mar-2015Source: Bell

Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today Waypoint Leasing (Ireland) Limited (“Waypoint”) has signed a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters with options for additional aircraft. Waypoint plans to provide the Bell 525 Relentless to operators servicing a wide range of missions, including oil and gas, emergency... Read more

Heli-Expo caps a strong first quarter for LCI Helicopters

Heli-Expo caps a strong first quarter for LCI Helicopters

3-Mar-2015Source: LCI

LCI Helicopters touches down at the 2015 HAI Heli-Expo with new lessee customer commitments and expansions of its helicopter fleet to meet sustained growth in demand. Further announcements are planned for this week in Orlando, with the company at HAI Stand 4604. In recent days, the aviation leasing arm of the Libra Group has concluded... Read more

Era Group announces Record Date and Meeting Date for 2015 Annual Meeting of Stockholders

Era Group announces Record Date and Meeting Date for 2015 Annual Meeting of Stockholders

2-Mar-2015Source: Era Group

Era Group Inc. (NYSE: ERA) (the “Company” or “Era Group”) today announced that its 2015 Annual Meeting of Stockholders will be held at the Company’s principal executive offices located at 818 Town & Country Blvd., Suite 200, Houston, Texas 77024 on Wednesday, June 24, 2015, at 10:00 a.m. local time. The Company fixed April 27, 2015 as... Read more

LCI places $125M order for AgustaWestland AW139, AW169 and AW189

LCI places $125M order for AgustaWestland AW139, AW169 and AW189

13-Feb-2015Source: LCI

LCI, the aviation leasing arm of The Libra Group, has today committed to expand its helicopter fleet with firm orders for a further 11 AgustaWestland aircraft valued at US $125 million (€110 million). The new aircraft, which are converted from options held by the helicopter lessor, are made up of a mix of AW139, AW169... Read more

Era Group announces Q4 and FY2014 Earnings Release Call

Era Group announces Q4 and FY2014 Earnings Release Call

12-Feb-2015Source: Era

Era Group Inc. ERA, +0.36% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter 2014 after the market closes on Tuesday, March 10,2015. In connection with the release, Era has scheduled a conference call for Wednesday, March 11, 2015,... Read more

Waypoint Leasing acquires 31 CHC aircraft to surpass $1 Billion of assets

Waypoint Leasing acquires 31 CHC aircraft to surpass $1 Billion of assets

4-Nov-2014Source: Waypoint Leasing

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has reached an agreement with First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, to acquire a portfolio of 31 in-demand, new technology aircraft. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky... Read more

First leased AW189 delivered to LCI, then back to AW Training Academy

First leased AW189 delivered to LCI, then back to AW Training Academy

14-Oct-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has become the first aircraft lessor to take delivery of the new state-of-the-art AW189 helicopter. The particular aircraft is being placed on long term lease with the AgustaWestland Training Academy, and will be used as part of the conversion-to-type training of pilots to... Read more

Milestone Aviation sold for $1.8 billion to GE Capital

Milestone Aviation sold for $1.8 billion to GE Capital

13-Oct-2014Source: Milestone Aviation

 GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE – it combines GECAS’ global reach and 45+ years in leasing commercial jets with... Read more

LCI Successfully Closes $325M Secured Asset-Backed Facility

LCI Successfully Closes $325M Secured Asset-Backed Facility

2-Oct-2014Source: LCI

LCI, the aviation leasing division of the Libra Group, has successfully closed a five-year, US$325 million asset-backed credit facility for its helicopter-leasing arm LCI Helicopters. The facility was substantially over-subscribed resulting in an enlarged provision to meet demand. An option to increase the facility to $425 million was also added. The funds will be used to expand the company’s... Read more

Milestone Aviation Group prepares for IPO

Milestone Aviation Group prepares for IPO

9-Sep-2014Source: Milestone

The Milestone Aviation Group Limited (“Milestone”) today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of Milestone’s common shares. The number of common shares to be offered and the price range for the proposed... Read more

Era Group Inc. Announces Share Repurchase Authorization

Era Group Inc. Announces Share Repurchase Authorization

15-Aug-2014Source: Era Group

Era Group Inc. (NYSE: ERA) (“Era”) today announced that its Board of Directors authorized the repurchase of up to $25 million in value of its common stock from time to time. The repurchase authorization permits the Company to make repurchases on a discretionary basis as determined by an Executive Committee of the Company’s Board of Directors,... Read more

Era Group CEO Sten Gustafson on FY2014 Q2 Results – Earnings Call Transcript

Era Group CEO Sten Gustafson on FY2014 Q2 Results – Earnings Call Transcript

13-Aug-2014Source: Seeking Alpha

Welcome everyone to the ERA Group Earnings Call. See Full Story... Read more

Era Group reports FY2014 Q2 Results

Era Group reports FY2014 Q2 Results

13-Aug-2014Source: Era Group

Era Group Inc. (NYSE: ERA) today reported net income for its second quarter ended June 30, 2014 of $5.2 million, or $0.26 per diluted share, on operating revenues of $86.6 million compared to net income of $5.1 million, or $0.25 per diluted share, on operating revenues of $74.2 million in the prior year second quarter. Excluding... Read more

Waypoint Leasing Surpasses $500 Million in Assets

Waypoint Leasing Surpasses $500 Million in Assets

15-Jul-2014Source: Waypoint Leasing

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, marked its first full year of operations and provided a business update to the market. Waypoint’s fleet, which ranges from light single engine to heavy twin engine helicopters, now includes more than 40 aircraft on lease and delivered from Finmeccanica – AgustaWestland, Airbus Helicopters, Bell Helicopter... Read more

Starlite Aviation Group signs new lease on Vector-owned AS332L

Starlite Aviation Group signs new lease on Vector-owned AS332L

10-Jul-2014Source: Vector Aerospace

Vector Financial Services, the leasing division of Vector Aerospace Corporation (“Vector”), a global independent provider of aviation maintenance, repair and overhaul (MRO) service, is pleased to announce the signing of new leasing and hourly support agreements for Vector-owned AS332L with Starlite Aviation Group. The aircraft is being prepared for immediate deployment for use in Utility... Read more

Waypoint Leasing Expands Revolving Credit Facility to $468 Million

Waypoint Leasing Expands Revolving Credit Facility to $468 Million

1-Jul-2014Source: Waypoint Leasing

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has increased the committed borrowing capacity under its five year revolving credit facility from $335 million in November 2013 to $468 million as of June 30, 2014. The facility bolsters Waypoint’s ability to continue adding attractive and diversified helicopter assets to its... Read more

LCI places AW139 with Indwe Aviation in South Africa

LCI places AW139 with Indwe Aviation in South Africa

27-Jun-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has announced a new partnership with Indwe Aviation (Pty) in George, South Africa, through the long-term lease of an AW139 helicopter. The brand-new aircraft forms part of LCI’s multimillion dollar order from AgustaWestland first announced in 2012. The lease agreement marks the beginning... Read more

Waypoint Leasing Closes First Term Loan Facility

Waypoint Leasing Closes First Term Loan Facility

14-May-2014Source: Waypoint Leasing

Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, today announced that it has closed on a five year US$72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters previously acquired and financed under Waypoint’s recently upsized $385 million revolving credit facility. The additional debt capacity... Read more

Basta Holdings moves into helicopter leasing

Basta Holdings moves into helicopter leasing

17-Apr-2014Source: Basta Holdings

Basta Holdings Corp. BSTA 0.00% , an aviation and logistics management company, today announced that it has assumed management of revenue-generating contracts in the field of heavy helicopter long-term leasing as well as private business aviation operations. The Company now manages revenue-generating, long-term ACMI leases of heavy rotary wing aircraft commissioned by significant government, non-government organizations (NGO), UN... Read more

Eagle Copters Australasia offers advantages with leasing

Eagle Copters Australasia offers advantages with leasing

31-Mar-2014Source: Eagle Copters

When it comes to helicopters, leasing is fast becoming the preferred option compared to purchasing, proving substantial benefits for organisations such as lower capital investment, no exposure to residual value risk and tax-deductible lease payments. Having flexible lease terms provides better alignment of cash outflows with income and the ability to manage fleets according to... Read more

Vector Financial Services places AS332L in UK

Vector Financial Services places AS332L in UK

28-Mar-2014Source: Vector

Vector Financial Services – the Leasing Division of Vector Aerospace Corporation, a leading provider of aviation maintenance, repair and overhaul (MRO) services – is pleased to announce the induction of its first Airbus Helicopters AS332L Super Puma into Vector Aerospace Helicopter Services-UK based at its Fleetlands site in Gosport, Hampshire. Vector Financial Services already operates... Read more

Era Group reports Q4 and Full Year 2013 Results

Era Group reports Q4 and Full Year 2013 Results

20-Mar-2014Source: Era Group

Era Group Inc. (NYSE: ERA) Full year 2013 net income of $18.7 million on operating revenues of $299.0 million compared to net income of $7.8 million on operating revenues of $272.9 million in 2012 Fourth quarter net income of $1.8 million on operating revenues of $76.0 million compared to net income of $3.6 million on... Read more

Era Group announces Q4 and FY2013 Earnings Release Call

Era Group announces Q4 and FY2013 Earnings Release Call

12-Mar-2014Source: Era Group

Era Group Inc. ERA -1.12% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter ended December 31, 2013 after the market closes on Monday, March 17, 2014. In connection with the release, Era has scheduled a conference call for... Read more

Vector Financial Services appoints Sales Director

Vector Financial Services appoints Sales Director

11-Mar-2014Source: Vector

Vector Financial Services – the Leasing Division of Vector Aerospace Corporation, a leading provider of aviation maintenance, repair and overhaul (MRO) services – is pleased to announce that David Thompson has joined the company as a Director of Sales. The addition marks the next stage in the expansion of the company’s international aircraft leasing and... Read more

LCI concludes Heli-Expo with almost $1 Billion of helicopters on order

LCI concludes Heli-Expo with almost $1 Billion of helicopters on order

2-Mar-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has this week unveiled commitments for up to 39 new helicopters worth around US$925 million and with further 2014 pipeline orders up to a total value approaching US$1 billion. The lessor’s helicopter division has signed a contract with Airbus Helicopters for up to... Read more

Pratt & Whitney Canada and Milestone Sign $75M fifteen year deal

Pratt & Whitney Canada and Milestone Sign $75M fifteen year deal

27-Feb-2014Source: P&WC

Pratt & Whitney Canada (P&WC), a United Technologies Corporation company (NYSE:UTX), and Milestone Aviation Group, a global leader in helicopter leasing, today announced a US$ 75 million, 15-year agreement under which P&WC will offer its Flexible Turboshaft Engine Fleet Management program to Milestone customers. The agreement, signed today at HAI Heli-Expo, will provide P&WC’s customized... Read more

Milestone leases three EC225s to SonAir

Milestone leases three EC225s to SonAir

27-Feb-2014Source: Milestone Aviation Group

Milestone Aviation Group, the global leader in helicopter leasing, and SonAir, the largest African helicopter operator and a subsidiary of the Angolan national oil company Sonangol, announced that three of Milestone’s record order for 30 of Airbus Helicopters’ EC225s will begin performing airlift duties for Angola’s oil and gas sector. The arrangements, announced today on... Read more

Amur HFS buys entire Bristow fleet of 28 LongRanger IVs

Amur HFS buys entire Bristow fleet of 28 LongRanger IVs

26-Feb-2014Source: Amur HFS

Amur Helicopter Financial Services (Amur HFS) is pleased to announce that the company has entered into an agreement to complete a major fleet transaction with Bristow Group Inc. The transaction involves purchasing the entire Bristow fleet of twenty-eight (28) Bell 206-L4 helicopters. As part of completing this transaction, Amur HFS provided short-term operating leases to Bristow... Read more

Waypoint Leasing And Turbomeca Sign Framework Agreement

Waypoint Leasing And Turbomeca Sign Framework Agreement

26-Feb-2014Source: Waypoint Leasing

Waypoint Leasing, a leading global helicopter leasing company, and Turbomeca (Safran), a leading helicopter engine manufacturer, signed a Framework Agreement today at Heli-Expo under which Turbomeca will provide engine support services to Waypoint Leasing’s current and future customer base, including operators using Turbomeca’s Makila 2A and 2A1 engines and Arriel 1S1 and 2S2 engines. The... Read more

Partnership Between Milestone Aviation Group and Turbomeca Achieves Landmark

Partnership Between Milestone Aviation Group and Turbomeca Achieves Landmark

26-Feb-2014Source: Milestone

Less than one year after launching a first-of-its-kind partnership offering unique services to Milestone customers, helicopter engine manufacturer Turbomeca (Safran) and Milestone Aviation Group, the global leader in helicopter leasing, celebrated a landmark with the announcement that the Milestone fleet has surpassed 100 Turbomeca engines. As of December 31, 2013, the Milestone fleet included 106... Read more

LCI signs for seven AW139s and another seven options

LCI signs for seven AW139s and another seven options

26-Feb-2014Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce it has signed a further multiyear contract with Lease Corporation International (LCI) for seven AW139 intermediate and one AW189 8-tonne medium class twin engine helicopter. These helicopters, which will be used by LCI’s helicopter division to offer its customers modern aircraft ready for offshore transport, search and... Read more

LCI signs for one AW189 and another three options

LCI signs for one AW189 and another three options

26-Feb-2014Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce it has signed a further multiyear contract with Lease Corporation International (LCI) for seven AW139 intermediate and one AW189 8-tonne medium class twin engine helicopter. These helicopters, which will be used by LCI’s helicopter division to offer its customers modern aircraft ready for offshore transport, search and... Read more

Meridian Helicopters leases two LongRanger 3s to Upper Limit Aviation

Meridian Helicopters leases two LongRanger 3s to Upper Limit Aviation

26-Feb-2014Source: Meridian Helicopters

Students in Upper Limit Aviation’s (ULA) helicopter flight school will have two more helicopters to fly, thanks to a new lease agreement with Meridian Helicopters LLC. Meridian Helicopters, a subsidiary of Winnipeg-based Cadorath Group, has signed a two-year agreement with the school for the lease of two Bell 206L-3s. One helicopter will be based in... Read more

LCI orders six EC175s; becomes an EC225e launch customer, ordering 15

LCI orders six EC175s; becomes an EC225e launch customer, ordering 15

26-Feb-2014Source: Airbus Helicopters

Lease Corporation International (LCI), the Libra Group’s aviation leasing arm, will acquire as many as 21 new Airbus Helicopters rotorcraft in a contract involving both the next-generation EC175 and the newly-unveiled EC225e. The total contract value is estimated in commercial terms to be around US$645 million with delivery scheduled to commence in 2016. The major... Read more

Vector Aerospace signs special Bypass Plus program with Starlite Aviation

Vector Aerospace signs special Bypass Plus program with Starlite Aviation

26-Feb-2014Source: Vector Aerospace

Vector Financial Services, the leasing division of Vector Aerospace Corporation (“Vector”), a global independent provider of aviation maintenance, repair and overhaul (MRO) service, is pleased to announce the signing of a special Bypass Plus program with Starlite Aviation Group, an enhanced offering of the By the Hour Support Program now covering engines. Starlite is a... Read more

Waypoint Leasing to acquire 12 EC225 and 25 EC145T2

Waypoint Leasing to acquire 12 EC225 and 25 EC145T2

26-Feb-2014Source: Waypoint Leasing

Two major Waypoint Leasing orders with Airbus Helicopters were announced today as the global helicopter lessor intends to acquire 37 EC225 and EC145 T2 rotorcraft. These key transactions, Waypoint’s first deliveries in 2014, were detailed at the 2014 Heli-Expo industry convention in Anaheim, California, where Airbus Helicopters President Guillaume Faury and Waypoint Leasing CEO Ed... Read more

Milestone signs for another eight S92s

Milestone signs for another eight S92s

25-Feb-2014Source: Sikorsky

Milestone Aviation Group, the global leader in helicopter leasing, and Sikorsky Aircraft Corporation announced today at Helicopter Association International’s Heli-Expo that Milestone has increased its S-92 order book by eight units. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX). Milestone is already one of the world’s largest S-92 owners and with today’s announcement, it has... Read more

Lobo Leasing announces $250M Master Lease Facility Agreement with CHC

Lobo Leasing announces $250M Master Lease Facility Agreement with CHC

25-Feb-2014Source: Lobo Leasing

Lobo Leasing Limited (“Lobo Leasing”) a global commercial helicopter leasing company are pleased to announce that they have entered into a master lease arrangement with CHC Helicopter (CHC), a leading provider of crew transport, search-and-rescue and MRO services to the world-wide helicopter market. The facility provides for both the sale and leaseback and new-delivery lease... Read more

LCI commits to 14 more AW139s and 4 more AW189s

LCI commits to 14 more AW139s and 4 more AW189s

25-Feb-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has announced a further multiyear contract with AgustaWestland for up to a further 18 helicopters worth over US$280 million. The order comprises commitments for up to fourteen AW139 intermediate helicopters and up to an additional four AW189 twin-engine helicopters. These helicopters, which will... Read more

Waypoint Leasing to Acquire Assets from Helicopter Transportation Group

Waypoint Leasing to Acquire Assets from Helicopter Transportation Group

24-Feb-2014Source: Waypoint Leasing

Waypoint Leasing, a leading global helicopter leasing company, today announced that it has reached an agreement with Helicopter Transportation Group AS (“HTG”), a helicopter lessor based in Oslo, Norway, to acquire certain assets of HTG, including 23 aircraft and affiliated contracts.  Waypoint has already taken delivery of 7 of the 23 aircraft and expects to... Read more

Milestone Aviation Group Surpasses US$ 2.2 Billion in Helicopters

Milestone Aviation Group Surpasses US$ 2.2 Billion in Helicopters

24-Feb-2014Source: Milestone Aviation Group

Milestone Aviation Group, the global leader in helicopter leasing, today provided an operating update to the market in advance of Helicopter Association International’s Heli-Expo which includes information as of December 31, 2013. Milestone’s fleet, which ranges from light-single to heavy-twin helicopters, now includes 143 aircraft valued at more than US$ 2.2 billion. The aircraft are... Read more

Waypoint Leasing Adds Senior Team With Key New Hires

Waypoint Leasing Adds Senior Team With Key New Hires

24-Feb-2014Source: Waypoint Leasing

Waypoint Leasing, a leading global helicopter leasing company, today announced the appointment of four industry veterans to its senior team: Ian Gurekian, Chief Risk Officer David Powell, Vice President Sales Thomas Kelly, Vice President Tax Shane Leonard, Technical Manager Ed Washecka, CEO of Waypoint, said, “We continue to ramp up Waypoint’s management team with some... Read more

Crowded jet market leads GE to consider helicopter leasing

Crowded jet market leads GE to consider helicopter leasing

16-Feb-2014Source: Cincinatti.com

A potential move into helicopters, which are widely used in the oil and gas industry, could be interesting for GE Capital Aviation Services as new money from parties such as private-equity investors flows into aircraft leasing  See full story... Read more

Lobo Leasing adds $200M from GSO Capital Partners for helicopter leasing expansion

Lobo Leasing adds $200M from GSO Capital Partners for helicopter leasing expansion

5-Feb-2014Source: Lobo Leasing

Lobo Leasing Limited (“Lobo Leasing”) today announced that it has partnered with GSO Capital Partners LP (“GSO Capital”), a division of Blackstone (NYSE: BX), to further build its global helicopter leasing company. Affiliates of GSO Capital have committed $200 million of equity capital to Lobo Leasing to fulfill the leasing needs of helicopter operators providing... Read more

New kid on the block – Infinity Helicopter Leasing to focus on single and light twins

New kid on the block – Infinity Helicopter Leasing to focus on single and light twins

30-Jan-2014Source: Infinity

Perella Weinberg Partners Asset Based Value Strategy, a leading alternative asset management strategy and a unit of Perella Weinberg Partners, and Hawke Aerospace Holdings, LLC (“HAH”), announced today that they have launched Infinity Helicopter Leasing, LLC, a new helicopter equipment leasing venture. Infinity Helicopter Leasing will focus primarily on the light (single and twin) and... Read more

KKR invests over $100M in Lease Corp International’s helicopter business

KKR invests over $100M in Lease Corp International’s helicopter business

17-Jan-2014Source: LCI

Lease Corporation International (“LCI”), a Libra Group company, and KKR Financial Holdings LLC (NYSE: KFN) (“KFN”), a specialty finance company managed by a subsidiary of KKR & Co. L.P. (NYSE: KKR), today announced that they have entered into a definitive agreement under which KFN has agreed to invest in excess of $100 million in LCI... Read more

Lease Corporation International takes delivery of 5th AW139

Lease Corporation International takes delivery of 5th AW139

16-Jan-2014Source: LCI

Lease Corporation International’s (LCI) helicopter division has taken delivery of its fifth AgustaWestland AW139 helicopter, and has placed the aircraft on lease with Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement last year of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider... Read more

Milestone closes US$200M Unsecured Revolving Credit Line

Milestone closes US$200M Unsecured Revolving Credit Line

10-Jan-2014Source: Milestone

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and revolving borrowing capacity to US$ 800 million. Today’s announcement follows on the heels of the company’s January 7,... Read more

Milestone completes US$575M Private Placement Debt Financing

Milestone completes US$575M Private Placement Debt Financing

8-Jan-2014Source: Milestone

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has successfully completed the private placement of US$ 575 million of senior secured notes. The company intends to use the proceeds to fund the continued expansion of its business and to refinance existing debt. The senior secured notes, which have an average... Read more

Waypoint Leasing announce 13 helicopter AW139/S92 deal with CHC

Waypoint Leasing announce 13 helicopter AW139/S92 deal with CHC

13-Dec-2013Source: Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced that it has reached an agreement with CHC Helicopter (“CHC”), the world’s largest helicopter services company specializing in transportation to offshore oil and gas platforms, to lease to CHC 13 new technology medium and heavy aircraft, which include the Sikorsky S-92 and... Read more

Element Financial acquires second helicopter lease portfolio

Element Financial acquires second helicopter lease portfolio

10-Dec-2013Source: Element Financial

Element Financial Corporation (TSX: EFN) (“Element” or “the Company”), one of North America’s leading equipment finance companies, today announced that it has signed a definitive agreement with a subsidiary of GE Capital in the US to acquire a portfolio of finance assets secured by individual helicopters operated by a diversified base of customers across a variety of... Read more

Waypoint Leasing to triple workforce in Ireland

Waypoint Leasing to triple workforce in Ireland

18-Nov-2013Source: Irish Times

Alan Jenkins, the company’s chief financial officer, told The Irish Times that Waypoint plans to increase its headcount in Limerick from seven currently to 20 by the end of 2014.  See full story... Read more

Element Financial Corp to acquire US helicopter portfolio

Element Financial Corp to acquire US helicopter portfolio

14-Nov-2013Source: Element Financial

Element Financial Corporation (TSX: EFN) (“Element” or “the Company”), one ofNorth America’s leading independent equipment finance companies, today announced that it has entered into an agreement to acquire a $250 million portfolio of finance assets secured by individual helicopters operated by a diversified base of customers across a variety of industries in the U.S. “This transaction will provide... Read more

Macquarie Rotorcraft Leasing contracts for two S-92s and two S-76Ds

Macquarie Rotorcraft Leasing contracts for two S-92s and two S-76Ds

29-Oct-2013Source: Sikorsky

Macquarie Rotorcraft Leasing, the helicopter operating leasing business of Macquarie Group, has contracted to acquire two S-92A(TM) and two S-76D(TM) helicopters from Sikorsky Aircraft Corp. along with an unspecified number of options to acquire additional aircraft. The four new helicopters will be configured initially for the oil and gas service markets. Sikorsky Aircraft is a... Read more

Waypoint Leasing appoints Managing Director of Capital Markets & Treasury

Waypoint Leasing appoints Managing Director of Capital Markets & Treasury

29-Oct-2013Source: Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced that Oliver Althoff, former Director of Transportation Lending at CIT Group, will join Waypoint as Managing Director of Capital Markets & Treasury, effective November 11, 2013. Mr. Althoff will be responsible for leading the development and execution of Waypoint’s debt financing strategy... Read more

Milestone finances AW109SP GrandNew for Sloane Helicopters

Milestone finances AW109SP GrandNew for Sloane Helicopters

22-Oct-2013Source: Milestone Aviation Group

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has financed the delivery of an AgustaWestland AW109 GrandNew to Sloane Helicopters. Sloane, a UK-based provider of helicopter sales and services, will use the helicopter for the UK’s East Midland Helicopter Emergency Medical Service (HEMS), the Derbyshire, Leicestershire & Rutland Air Ambulance... Read more

AgustaWestland and Milestone agree historic multi-aircraft framework agreement

AgustaWestland and Milestone agree historic multi-aircraft framework agreement

25-Sep-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, today announced at Helitech International that Milestone Aviation Group has agreed a multi-aircraft, multi-year Framework Agreement for the purchase of a significant number of helicopters in a combination of the AW169, AW139 and AW189 models from the AgustaWestland Family of new generation helicopters. These aircraft will enter into service globally in... Read more

Eurocopter and Waypoint Leasing establish comprehensive commercial and marketing partnership

Eurocopter and Waypoint Leasing establish comprehensive commercial and marketing partnership

25-Sep-2013Source: Eurocopter

An agreement signed by Eurocopter and Waypoint Leasing offers value and flexibility to helicopter lessees through the companies’ enhanced commercial and marketing resources. The agreement, announced today at London’s Helitech International exposition, enables Waypoint to offer its client base the full capabilities of Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services. “This marks a new chapter in... Read more

Milestone Aviation Group adds industry veteran to Advisory Board

Milestone Aviation Group adds industry veteran to Advisory Board

24-Sep-2013Source: Milestone Aviation

Milestone Aviation Group, the global leader in helicopter leasing, announced today that Peter Bull, the highly-regarded industry veteran and risk and asset management expert, has joined the Group’s Advisory Board. Richard Santulli, Milestone’s Chairman and Chief Executive Officer, said, “We are delighted that Peter has joined our Advisory Board. Asset and risk management are the... Read more

Waypoint Leasing makes six appointments

Waypoint Leasing makes six appointments

23-Sep-2013Source: Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced the appointment of six individuals to its management team who bring key expertise to support Waypoint’s ongoing growth, including: Robert Van de Vuurst, General Counsel; Peter Dahm, Strategic Accounts Executive; Dave Gorsky, Vice President of Operations and Technical; Ken Dowling, Vice President... Read more

HAI Finance and Leasing Committee Needs Your Suggestions!

HAI Finance and Leasing Committee Needs Your Suggestions!

29-Aug-2013Source: HAI

The HAI Financing and Leasing Committee works to educate operators on the intricacies of the financing and leasing of helicopters and educates lending and financial institutions on helicopter operations and the efficacy of using helicopters as collateral. The committee is in the planning stages for its full-day seminar, to be held at HAI HELI-EXPO 2014... Read more

Milestone closes US$300M credit facility to acquire/lease Bristow aircraft

Milestone closes US$300M credit facility to acquire/lease Bristow aircraft

31-Jul-2013Source: Milestone Aviation

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed a new US$300 million credit facility. The company will use the proceeds to acquire and lease helicopters valued at US$400 million to affiliates of Bristow Group Inc. The assets include Sikorsky S-92’s, Eurocopter EC225’s and AgustaWestland AW189 and AW139 aircraft.... Read more

Industry heavyweights launch Macquarie Rotorcraft Leasing

Industry heavyweights launch Macquarie Rotorcraft Leasing

16-Jul-2013Source: Macquarie Group

Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY) today announced the launch of Macquarie Rotorcraft Leasing, a helicopter operating leasing business that will focus on the growing, worldwide demand for commercial helicopters servicing offshore oil and gas, medical transport, search and rescue, and the executive transport markets. “We are pleased to be able to build upon... Read more

Cobham buys Bristow out of FB joint venture for £74 million

Cobham buys Bristow out of FB joint venture for £74 million

15-Jul-2013Source: Cobham

Cobham plc (‘Cobham’ or ‘the Group’) today announces that it has completed the acquisition of the 50% shareholding that it did not already own in FB Heliservices Ltd, FB Leasing Limited and FBS Limited (together ‘FBH’), from its long standing joint venture partner, Bristow Helicopters Limited (‘Bristow’).  The transaction comprises cash consideration of £74 million... Read more

An inside look at Milestone and the first ever helicopter export credit bond

An inside look at Milestone and the first ever helicopter export credit bond

20-Jun-2013Source: Corporate Jet Investor

Milestone launched the largest helicopter export credit deal ever in 2013. It was a transaction of many firsts: Milestone’s first export credit guaranteed deal; the US Export-Import Bank’s first bond secured by helicopters; and Deutsche Bank’s first Ex-Im guaranteed bond issuance.   See full story... Read more

Helipartner Thailand orders 10 Eurocopter AS350B3e to lease out

Helipartner Thailand orders 10 Eurocopter AS350B3e to lease out

19-Jun-2013Source: Eurocopter

Helipartner Thailand’s order of 10 AS350 B3e highlights the effectiveness and capabilities of this Ecureuil family helicopter to meet the increasing demand for light helicopters in the ASEAN region. The acquisition of 10 Eurocopter enhanced high-performance AS350 B3e helicopters by Helipartner Thailand responds to increased demand for high-performance utility helicopters across ASEAN countries in support... Read more

LCI to lease two AW139s to WestStar

LCI to lease two AW139s to WestStar

16-Jun-2013Source: LCI

Lease Corporation International (LCI) announces its delivery of two AgustaWestland helicopters to Malaysian operator Weststar Aviation Services in a long-term lease. The new AW139 helicopters, valued at over $30 million, will be initially operated under contract to Tullow Oil. They have both been delivered this week. The two AW139 helicopters will be used to support... Read more

Ex-Im Bank guarantees $187M for S92 exports to Milestone Aviation Group

Ex-Im Bank guarantees $187M for S92 exports to Milestone Aviation Group

4-Jun-2013Source: Ex-Im Bank

The Export-Import Bank of the United States (Ex-Im Bank) is providing a $187.4 million guarantee of a capital-markets bond to finance the export of Sikorsky S-92® helicopters to The Milestone Aviation Group Ltd. of Dublin, Ireland. The transaction is Ex-Im Bank’s largest financing of U.S.-manufactured commercial helicopter exports and the agency’s first support of these... Read more

Soros and Dell back Waypoint helicopter leasing group

Soros and Dell back Waypoint helicopter leasing group

6-May-2013Source: Waypoint Leasing

The funds of two of the world’s highest-profile individual investors – Michael Dell and George Soros – are betting on future high levels of offshore oil production by investing dog reds of millions of dollars in a helicopter leasing company. Read the whole article here: Financial Times... Read more

Milestone Surpasses $1.3 Billion in Aircraft

Milestone Surpasses $1.3 Billion in Aircraft

19-Apr-2013Source: Milestone Aviation Group

Milestone Aviation Group, the global leader in helicopter leasing, today circulated its full year 2012 financial results to investors and provided an update to the market. Milestone’s young fleet, which ranges from light-twin to heavy helicopters, now includes over 90 aircraft from AgustaWestland, Bell, Eurocopter and Sikorsky valued at over $1.3 billion. Additionally, the company... Read more

MassDevelopment issues tax-exempt $8M lease for Boston Medflight EC145

MassDevelopment issues tax-exempt $8M lease for Boston Medflight EC145

12-Apr-2013Source: Boston Medflight

MassDevelopment has issued an $8 million tax-exempt lease on behalf of New England Life Flight, Inc. in Bedford, which does business as Boston MedFlight. The emergency transport service will use lease proceeds to buy a medically configured helicopter that will replace an existing helicopter to transport ill and injured patients. Lease proceeds will also finance... Read more

Waypoint Leasing signs for GrandNew, AW139, AW169 and AW189

Waypoint Leasing signs for GrandNew, AW139, AW169 and AW189

7-Mar-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce that it has signed a multi-year multi-aircraft agreement with Waypoint Leasing LLC (“Waypoint”) for GrandNew, AW169, AW139 and AW189 helicopters. The agreement signed today at Heli-Expo by Ed Washecka, Waypoint Leasing’s CEO, and Emilio Dalmasso, AgustaWestland’s Senior VP Commercial Business, includes an initial firm contract for four... Read more

Eurocopter and Milestone Aviation Group getting closer together

Eurocopter and Milestone Aviation Group getting closer together

6-Mar-2013Source: Eurocopter

An innovative agreement signed by Eurocopter and Milestone Aviation Group today brings these two industry leaders together for cooperative marketing of Milestone’s growing helicopter portfolio, backed by Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services. This agreement enables Eurocopter to provide its customers and operators commercial access to Milestone’s inventory of helicopters with all of the financial... Read more

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