Leasing

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Lufttransport to lease two AW139s from Milestone

Lufttransport to lease two AW139s from Milestone

28-Feb-2024Source: Milestone

The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed lease agreements for two Leonardo AW139 helicopters with new customer, Lufttransport RW AS (“Lufttransport”), a Norwegian helicopter operator. The helicopters are scheduled to deliver in 2025. Sébastien Moulin, the Head of Europe & Americas, Milestone Aviation, said,... Read more

CITIC Offshore Helicopter leases two S92s and an EC225 from Milestone

CITIC Offshore Helicopter leases two S92s and an EC225 from Milestone

27-Feb-2024Source: Milestone

The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed lease agreements for three heavy helicopters with CITIC Offshore Helicopter Company Limited (“COHC”). The agreements include the placement of two Sikorsky S-92 helicopters and one Airbus H225 helicopter, all of which are configured for offshore passenger transport... Read more

RIVE signs exclusive partnership with Safran Helicopter Engines

RIVE signs exclusive partnership with Safran Helicopter Engines

29-Nov-2023

RIVE Private Investment, an independent European investment company specialising in impact transport assets and infrastructure dedicated to the energy transition, has signed an exclusive partnership agreement with Safran Helicopter Engines, which has developed a decarbonisation advisory offering with a CO2 emissions tracking model. RIVE’s financial and technical expertise stems from more than 10 years’ experience... Read more

Uni-Fly to add third AW169 via Milestone

Uni-Fly to add third AW169 via Milestone

28-Nov-2023Source: Milestone

The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed lease agreements with Danish and UK helicopter operator, UNI-FLY, for three Leonardo AW169 helicopters. The transaction was announced during the EUROPEAN ROTORS 2023 event in Madrid. The agreements include the extension of two AW169 helicopters and the... Read more

LCI launches Social Loan Framework for heli leasing, finance and ops with SMFL

LCI launches Social Loan Framework for heli leasing, finance and ops with SMFL

9-Nov-2023Source: LCI

LCI, a leading aviation company, and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) have announced the development of the world’s first Social Loan Framework for helicopter leasing, finance and operations. LCI and SMFL’s Social Loan Framework has received the highest rating of “Social 1(F)” from the Japan Credit Rating Agency. The framework has been... Read more

LCI’s Michael Platt to retiring from Vice Chairman role

LCI’s Michael Platt to retiring from Vice Chairman role

1-Nov-2023Source: LCI

LCI, a leading aviation company, announces that Michael (Mike) Platt will be stepping down and retiring as Vice Chairman at the end of 2023. He will thereafter serve as a senior advisor to the company, working on a number of business innovation projects for LCI. Mike joined LCI as Chief Executive Officer in 2009, and... Read more

LCI extends leases on three AW139s with Omni Helicopters International

LCI extends leases on three AW139s with Omni Helicopters International

11-Oct-2023Source: LCI

LCI is pleased to share that it has concluded long-term lease extensions for three Leonardo Helicopters AW139s currently being operated by Omni Helicopters International (OHI), a leading operator of helicopter and air mobility services. The three helicopters, which are valued at approximately US$30 million, are part of a wider fleet of 14 helicopters from LCI’s... Read more

LCI delivers trio of EMS helicopters to Alidaunia

LCI delivers trio of EMS helicopters to Alidaunia

11-Jul-2023Source: LCI

LCI, a leading aviation company, has delivered three Leonardo AW169 helicopters on long-term lease to the Italian operator, Alidaunia S.r.L. (Alidaunia). The aircraft were all delivered new from Leonardo and are valued at over US$30 million.  They form part of the LCI and SMFL joint venture (JV) fleet, which now totals 57 aircraft valued at approximately... Read more

Milestone adds Heliconia as customer with AW139 delivery

Milestone adds Heliconia as customer with AW139 delivery

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

LCI signs for up 6 Airbus H175s

LCI signs for up 6 Airbus H175s

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

Milestone delivers two AW169s to Sloane Helicopters

Milestone delivers two AW169s to Sloane Helicopters

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

LCI Acquires 19 Helicopter Portfolio

LCI Acquires 19 Helicopter Portfolio

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

Lobo and EMP form joint venture LEVL Leasing

Lobo and EMP form joint venture LEVL Leasing

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

LCI and SMFL deliver two AW169s to Alidaunia

LCI and SMFL deliver two AW169s to Alidaunia

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

Leasing company LCI orders 50 eVTOLs, plus options for another 75

Leasing company LCI orders 50 eVTOLs, plus options for another 75

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

Lobo Leasing signs for 15 Nuuva V300 hVTOL from Pipistrel

Lobo Leasing signs for 15 Nuuva V300 hVTOL from Pipistrel

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

LCI and SMFL add 5 helicopters, taking lease fleet to 38

LCI and SMFL add 5 helicopters, taking lease fleet to 38

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

LCI takes delivery of 100th engine from Pratt & Whitney Canada

LCI takes delivery of 100th engine from Pratt & Whitney Canada

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

Milestone delivers H145 to Ecocopter Ecuador

Milestone delivers H145 to Ecocopter Ecuador

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

Milestone unveils plans for firefighting S92

Milestone unveils plans for firefighting S92

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

Milestone signs lease agreements with Omni Helicopters

Milestone signs lease agreements with Omni Helicopters

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

Milestone Completes Aramco’s Helicopter Fleet Renewal Program

Milestone Completes Aramco’s Helicopter Fleet Renewal Program

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

Milestone to deliver two S92s to CHC for Norwegian SAR

Milestone to deliver two S92s to CHC for Norwegian SAR

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

LCI acquires lessor Nova Capital Aviation (Ireland) Ltd

LCI acquires lessor Nova Capital Aviation (Ireland) Ltd

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

Nova Capital lease fleet passes 100, including 89 helicopters

Nova Capital lease fleet passes 100, including 89 helicopters

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

Lobo Leasing announces the completion of management buy-out

Lobo Leasing announces the completion of management buy-out

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

India – LCI delivers two AW139s to Heligo

India – LCI delivers two AW139s to Heligo

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

Thai Aviation Services to replace S76Ds with AW139s

Thai Aviation Services to replace S76Ds with AW139s

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

LCI grounds two Elitaliana AW169s

LCI grounds two Elitaliana AW169s

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

Helicopter lessor wins UK Commercial Court summary judgment

Helicopter lessor wins UK Commercial Court summary judgment

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

Milestone to lease two H145s to Quark Expeditions

Milestone to lease two H145s to Quark Expeditions

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

STLC leases Mi-8 MTV-1 helicopter to Convers Avia

STLC leases Mi-8 MTV-1 helicopter to Convers Avia

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

STLC hands over Ansat helicopter to RusAvia

STLC hands over Ansat helicopter to RusAvia

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

STLC delivers a Mi-8MTV-1 helicopter to KrasAvia

STLC delivers a Mi-8MTV-1 helicopter to KrasAvia

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

Yeltsovka signs for eight Mi-8 MTV-1 helicopters

Yeltsovka signs for eight Mi-8 MTV-1 helicopters

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

Milestone announces purchase leaseback with NHV for an AW169

Milestone announces purchase leaseback with NHV for an AW169

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

World’s largest eVTOL aircraft order announced

World’s largest eVTOL aircraft order announced

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

Milestone Aviation and NHV Group expand partnership

Milestone Aviation and NHV Group expand partnership

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

Milestone Aviation adds 11 Airbus H225 to Air Center Helicopters’ Fleet

Milestone Aviation adds 11 Airbus H225 to Air Center Helicopters’ Fleet

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

Milestone becomes first leasing customer for Airbus H160

Milestone becomes first leasing customer for Airbus H160

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

LCI and Sumitomo to establish JV helicopter leasing business

LCI and Sumitomo to establish JV helicopter leasing business

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

GE writes off $729M of goodwill in Milestone Aviation

GE writes off $729M of goodwill in Milestone Aviation

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

Thora Capital buys six EMS helicopters from Milestone

Thora Capital buys six EMS helicopters from Milestone

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

GA Telesis launches helicopter leasing company with seven Bell 206L4s

GA Telesis launches helicopter leasing company with seven Bell 206L4s

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

Nova Capital expands fleet with 8 new EMS helicopters

Nova Capital expands fleet with 8 new EMS helicopters

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

Bristow Completes Merger with Era

Bristow Completes Merger with Era

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

LCI Helicopters launches $100 Million co-investment vehicle

LCI Helicopters launches $100 Million co-investment vehicle

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

LCI charts 2020 growth with new partnerships

LCI charts 2020 growth with new partnerships

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

LCI successfully closed a new asset-backed helicopter facility

LCI successfully closed a new asset-backed helicopter facility

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

Lessor LCI adds two to Advisory Board

Lessor LCI adds two to Advisory Board

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

Macquarie completes acquisition of Waypoint Leasing

Macquarie completes acquisition of Waypoint Leasing

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

LCI Grows Australia-Based helicopter fleet

LCI Grows Australia-Based helicopter fleet

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

Era Group Announces Q4 and FY2018 Earnings Release Call

Era Group Announces Q4 and FY2018 Earnings Release Call

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

LCI expands Weststar relationship

LCI expands Weststar relationship

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

Macquarie Rotorcraft Leasing buys Waypoint for $650 Million

Macquarie Rotorcraft Leasing buys Waypoint for $650 Million

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

LCI completes AW139 transition with Elitaliana

LCI completes AW139 transition with Elitaliana

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

Kaman annonces new K-Max Leasing Partnership

Kaman annonces new K-Max Leasing Partnership

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

LCI Delivers 3rd EMS AW169 to Elitaliana

LCI Delivers 3rd EMS AW169 to Elitaliana

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

LCI expands into China with lease of three AW139s

LCI expands into China with lease of three AW139s

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

Milestone grows S92 fleet to 95 Helicopters

Milestone grows S92 fleet to 95 Helicopters

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

LCI expands CHC partnership with second H175

LCI expands CHC partnership with second H175

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

HeliInvestor 2018: Alliances or Band-Aids?

HeliInvestor 2018: Alliances or Band-Aids?

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

Waypoint takes leased H225 to Helitech for Airbus

Waypoint takes leased H225 to Helitech for Airbus

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

Waypoint establishing leasing platform in Tianjin Free Trade Zone in China

Waypoint establishing leasing platform in Tianjin Free Trade Zone in China

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

Milestone places €200 million firm order with Airbus Helicopters for H135, H145 and H175

Milestone places €200 million firm order with Airbus Helicopters for H135, H145 and H175

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

Milestone lease AW169 to HeliKorea

Milestone lease AW169 to HeliKorea

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

Babcock set to return two UK AW139s to lessor

Babcock set to return two UK AW139s to lessor

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

Ontario Provincial Police Lease SAR Helicopter

Ontario Provincial Police Lease SAR Helicopter

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

Waypoint sees market recovery with Improved demand for helicopters

Waypoint sees market recovery with Improved demand for helicopters

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

Leasing company signs for 27 helicopters

Leasing company signs for 27 helicopters

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

Australia – Milestone to Lease AW139 to LifeFlight

Australia – Milestone to Lease AW139 to LifeFlight

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

Parilease asks Avinco to manage 21 ex CHC EC225s

Parilease asks Avinco to manage 21 ex CHC EC225s

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

Milestone gets in bed with CHC

Milestone gets in bed with CHC

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

LCI appoints new EMEA Marketing leader

LCI appoints new EMEA Marketing leader

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

Waypoint leases AS350B3 to Calquin Helicopters in Chile

Waypoint leases AS350B3 to Calquin Helicopters in Chile

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

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