S.A.F.E. Structure Designs, a lean manufacturer in custom access platforms, fall protection platforms, maintenance stands, and hangar equipment is the preferred and supplier of equipment to the civilian and military sectors. SAFE is exclusively dedicated to designing, engineering, and manufacturing of custom OSHA/ANSI compliant ergonomic SAFETY FIRST maintenance stand and hangar equipment. S.A.F.E. announces it… Read more »
OCCAR (Organisation Conjointe de Coopération en matière d’Armement / Organisation for Joint Armament Co-operation) has commissioned Airbus Helicopters, on behalf of the French, German and Spanish Armament agencies DGA, BAAINBw and DGAM, to perform de-risking studies aimed at providing the Tiger with next generation battlefield capabilities. Their main objective is to prepare the development and retrofit phases of the new avionics, mission, and weapon… Read more »
The Boeing Co., Philadelphia, Pennsylvania, was awarded a $33,786,581 firm-fixed-price contract for cargo platform health environment kits for cargo helicopters. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Dec. 26, 2020. U.S. Army Contracting Command, Redstone Arsenal, Alabama,… Read more »
BAE Systems, Land and Armaments LP, Minneapolis, Minnesota, is awarded a $28,900,000 firm-fixed-price modification to previously awarded contract N00024-13-C-5314 for the procurement of MK 41 Vertical Launching System (VLS) MK 13 MOD 0 canisters and coding plugs. The MK 41 VLS provides a missile launching system for CG 47 and DDG 51 class surface combatants… Read more »
The Boeing Co., Ridley Park, Pennsylvania, was awarded a $198,927,812 firm-fixed-price contract for performance-based logistics support of the Chinook H-47 forward and aft rotor blades and associated containers. One bid was solicited with one bid received. Work locations and funding will be determined with each order, with an estimated completion date of Sept. 30, 2023…. Read more »
Bell Boeing Joint Project Office, Amarillo, Texas, is awarded $32,350,663 for cost-plus-fixed-fee, firm-fixed-price delivery order N0001918F1645 against a previously issued basic ordering agreement (N00019-17-G-0002). This order provides for new Large Aircraft Infra-Red Countermeasure System Processor Replacement non-recurring engineering and 60 kits for the MV-22 and CV-22 aircraft. Work will be performed in Ridley Park, Pennsylvania… Read more »
Kopter is proud to announce the deepening of its partnership with Safomar Aviation (PTY) LTD of South Africa, which has placed an order of two SH09 helicopters earlier this year. Safomar Aviation has been appointed distributor of the single engine SH09 helicopter for South Africa during an event that took place at the AAD (Africa… Read more »
[electronic translation] JSC “ODK-Klimov” received a certificate from Rosaviatsia about the suitability of the newest BARK-6V In the certificate of the Federal Air Transport Agency, it is certified that the type of component parts is approved for the installation of aviation equipment and meets the requirements of the qualification basis. BARK-6V successfully passed the necessary amount… Read more »
Elbit Systems of America, Fort Worth, Texas, is awarded $16,471,564 for firm-fixed-price delivery order N0001918F2390, against a previously issued basic ordering agreement (N00019-17-G-0014). This order procures standby flight displays to support government furnished equipment requirements for production aircraft; MV-22 Sustainment and Foreign Military Sales (FMS) production spares. Work will be performed in Fort Worth, Texas,… Read more »
Rockwell Collins Inc., Cedar Rapids, Iowa, is being awarded a $81,433,819 firm-fixed-priced, performance-based logistics requirements contract for logistics and repair support for 221 components in support of the F/A-18 A-F and E/A-18 G aircrafts as well as two additional components that are common across several aviation platforms including EA6, KC130, S3B, MH60, SH60, V-22, C2A,… Read more »
Sikorsky Aircraft Corp., Stratford, Connecticut, was awarded a $60,947,957 firm-fixed-price contract for repair of the Utility Helicopter-60 Blackhawk transmission. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Sept. 24, 2023. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is… Read more »
Philippine Coast Guard has placed an order for one H145 helicopter, making it the first H145 parapublic operator in the Philippines. The new 4-tonne-class twin-engine helicopter is specially equipped with high frequency radios, emergency flotation gear, fast roping, cargo sling, search light, and electro-optical systems to perform critical missions including search and rescue, medical evacuation, maritime patrol and law… Read more »
As the first aerial operator in the UK to use a SD2 for underslung lifting, we quickly saw the advantages of using this model of helicopter. So the decision was taken to purchase our own SD2 helicopter to join our ever expanding fleet of AS350B2’s and AS350B3’s. The SD2 has more power then the standard… Read more »
JETNET LLC, the leading provider of corporate and commercial aviation intelligence, will demonstrate new products and features at this year’s National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE). Of particular note is a collaboration with aircraft valuation specialists Asset Insight, LLC, and enhanced flight activity and route analysis reporting capabilities added to JETNET’s popular Marketplace… Read more »
The Boeing Co., Ridley Park, Pennsylvania, has been awarded a $375,550,368 firm-fixed-price contract for the non-developmental item integration of four aircraft to replace the UH-1N. This is the basic award of a contract (including options) valued at approximately $2,380,000,000, which will provide for the acquisition and sustainment of up to 84 MH-139 helicopters, training devices,… Read more »
The United States Air Force (USAF) selected the MH-139, based on the Leonardo AW139 and offered by Boeing as prime contractor, to replace its fleet of UH-1N “Huey” helicopters. The programme awarded today is valued at $2.4 billion for up to 84 helicopters, training devices and associated support equipment. With initial operational capability expected by… Read more »
Schiebel’s market-leading CAMCOPTER® S-100 Unmanned Air Systems (UAS) entertained an international audience with a flight display at the prestigious Red Bull Air Race in Wiener Neustadt, Austria. The Red Bull Air Race returned to its Austrian roots for the sixth race of the season and teamed up with Schiebel in Wiener Neustadt, a city with… Read more »
Boeing [NYSE: BA] will provide its MH-139 helicopter and related support to the U.S. Air Force to replace the more than 40-year-old UH-1N “Huey” helicopters used to protect America’s intercontinental ballistic missile bases. The program awarded today is valued at $2.4 billion for up to 84 helicopters, training devices and associated support equipment. “We’re grateful… Read more »
Helibras has just delivered another H225M to the Armed Forces. The 10th Brazilian Army (EB) aircraft will be based on the 1st Aviation Battalion (BAvEx) in Taubaté, and is the 32nd H-XBR program, signed in 2008 with the Ministry of Defense to supply 50 model helicopters. The H225M in the Operational version is equipped with the… Read more »
Bell Helicopter Textron Inc., Fort Worth, Texas, has been awarded a maximum $48,365,907 firm-fixed-price delivery order (SPRPA1-18-F-LS9Q) against basic ordering agreement SPRPA1-15-G-001Y for V-22 PRGB right hand aircraft assembly parts. This was a sole-source acquisition using justification 10 U.S. Code 2304(c)(1), in accordance with Federal Acquisition Regulation 6.302-1. Location of performance is Texas, with an… Read more »
Bell Helicopter Textron Inc., Fort Worth, Texas, has been awarded a maximum $18,439,388 firm-fixed-price, requirements contract in support of the V-22 aircraft platform hub assembly. This was a sole-source acquisition using justification 10 U.S. Code 2304(c)(1), in accordance with Federal Acquisition Regulation 6.302-1. This is a seven-year contract with no option periods. Location of performance is… Read more »
Bell Helicopter Textron Inc., Fort Worth, Texas, has been awarded a maximum $13,655,072 firm-fixed-price, requirements contract in support of the V-22 aircraft platform hub assembly. This was a sole-source acquisition using justification 10 U.S. Code 2304(c)(1), in accordance with Federal Acquisition Regulation 6.302-1. This is a seven-year contract with no option periods. Location of performance is… Read more »
Bell Helicopter Textron Inc., Fort Worth, Texas, has been awarded a maximum $48,365,907 firm-fixed-price delivery order (SPRPA1-18-F-LS9R) against basic ordering agreement SPRPA1-15-G-001Y for V-22 PRGB left hand aircraft assembly parts. This was a sole-source acquisition using justification 10 U.S. Code 2304(c)(1), in accordance with Federal Acquisition Regulation 6.302-1. Location of performance is Texas, with an… Read more »
Kranze Technology Solutions Inc.,* Prospect Heights, Illinois, is awarded a $37,370,955 firm-fixed-price, cost-plus-fixed-fee contract to support production, testing, installation, supportability, and technical documentation upgrades on an emerging Command, Control, Communications, Computers, and Intelligence suite of equipment known as the Roll On/Roll Off Communications Suite for the V-22 Program. Work will be performed in Prospect Heights,… Read more »
Wesley Healthcare has made an agreement with EagleMed and LifeSave Transport to provide better training for medical crews who transport ill children. The hospital will be offering the two air ambulances’ nurses and paramedics an advanced training and certification in pediatric fundamental critical care support, reports The Wichita Eagle.
Airbus Helicopters views the support for wind farms as a business segment that is undergoing global growth and expects demand for up to a thousand helicopters over the coming two decades, corresponding to revenues of approximately €9 billion. Airbus Helicopters will present its supply, maintenance and crew transport solutions at the WindEnergy expo, which will… Read more »
Airbus Corporate Helicopters (ACH) Airbus’ dedicated private and business helicopter entity, will display the company’s new ACH135 Helionix for the first time on the rooftop of the Monaco Yacht Club during the 2018 Monaco Yacht Show. Fitted with the company’s in-house ACH Line interior configuration, the updated, Helionix-equipped provides a technological leap forward for the light, twin-engine… Read more »
Airbus Helicopters has officially launched the production of latch shafts for the doors of A350 passenger aircraft using 3D manufacturing. The printed components are cheaper to produce and weigh less than their counterparts made using traditional means, thereby helping Airbus to offer ever more economical and environmentally friendly aircraft. Airbus Helicopters in Donauwörth is manufacturing… Read more »
Air Evac Lifeteam proudly celebrated their 20th anniversary at Paragould this past week. The company, started in 1985, has grown so much that they now cover 15 states, with 142 bases. Their Paragould facility has four pilots, four paramedics, four flight nurses, as well as a maintenance technician to crew their Bell 206 L4, reports… Read more »
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded $58,395,297 for firm-fixed-price delivery order N0001918F0567 against a previously issued basic ordering agreement (N00019-14-G-0004). This delivery order provides for the procurement of 866 interim spare parts necessary to support the repair and maintenance of CH-53K low-rate initial production, Lot 2 configuration aircraft. Work will… Read more »
Airbus Helicopters has secured an additional order of four H225M (previously known as EC725) multirole utility helicopters from the Royal Thai Air Force (RTAF), as part of the fleet strengthening programme. This follow-on order will bring the RTAF’s H225M fleet to 12 units by 2021. Specially equipped with emergency flotation gear, fast roping, cargo sling,… Read more »
This week, National Airways Corporation (NAC) celebrated the entry into market of Bell’s newest commercial aircraft, the Bell 505 Jet Ranger X. Guests were invited to attend an exclusive unveiling event organized at the NAC Lanseria airport facility in South Africa showcasing a pair of Bell 505 Jet Ranger X helicopters recently delivered to a couple, who are… Read more »
Sikorsky, a Lockheed Martin company (NYSE: LMT), announced today that final assembly of the first HH-60W Combat Rescue Helicopter Weapons System and Operational Flight Trainers is underway, supporting the smooth entry of the aircraft into the U.S. Air Force fleet in 2020. Completion of the HH-60W training systems at subcontractor FlightSafety International’s facility in Broken Arrow, Oklahoma, is… Read more »
The NHV Group announced a new contract with Siemens Gamesa Renewable Energy to provide helicopter services in support of the Rentel Offshore Wind farm. The operations are expected to start in October 2018. Flights will depart from NHV’s base in Ostend to the Rentel offshore wind farm located approximately 40 km from Ostend, in front… Read more »
Nominate for HAI’s Salute to Excellence Awards – Deadline Extended to Oct. 15 Within vertical aviation are pilots, mechanics, safety professionals, and others who go above and beyond the call of duty in pursuit of the highest standards of professional excellence. Their dedication is an inspiration to us all. HAI’s Salute to Excellence Awards recognize… Read more »
The Boeing Co., Mesa, Arizona, was awarded a $92,500,000 cost-plus-fixed-fee contract to provide engineering, analysis, test and technical support services to substantiate candidate concepts/designs and to achieve Army and the Department of Defense technology mission objectives for technologies and services for the AH-64 Apache, A/MH-6M Little Bird and the H-47 Chinook. Bids were solicited via… Read more »
David Rodriguez, Donald Kowalski, Nathan Carrion and George Karcher, a crew from Cal Fire have been awarded with the California State Firefighters Association’s Medal of Valor. This was after they performed a dangerous rescue on September 6, rescuing a badly hurt climber who was stuck, upside down, 2,682m off the ground on Mount San Jacinto,… Read more »
Russian Helicopters Holding Company (part of Rostec) shall participate in the international expo of defense & aerospace industry and security technologies Africa Aerospace and Defense 2018 which is to take place from 19 to 23 September in Pretoria (Republic of South Africa). At the forthcoming exhibition the Holding’s specialists shall describe the unique capabilities of… Read more »
RAMM Aerospace is pleased to offer a TCCA and FAA approved Replacement AS350 Heater Line Kit with several unique features. The RAMM Aerospace Replacement AS350 Stainless Steel Heater Line Kit was developed with an operator that saw a need in the industry for a replacement kit that reduced maintenance costs and aircraft downtime. “The majority… Read more »
The Kenya Air Force has announced the handover of nine Airbus AS550C3 Fennec helicopters from the United Arab Emirates. HeliHub.com believes that the aircraft will be used in Kenya’s efforts against al-Shabaab, the Somali militant group. The handover ceremony took place at Laikipia Air Base in Nanyuki on 14th September, and was attended Kenya’s Cabinet… Read more »
Harris Corp., Clifton, New Jersey, has been awarded a $93,500,000 modification (P00012) for an existing non-competitive single award, indefinite-delivery/indefinite-quantity contract (H92241-14-D-0006) to provide a suite of integrated radio frequency countermeasure components and related services for the technology applications and CV-22 program offices. This modification increases the ceiling amount to $383,500,000. At the time of obligation,… Read more »
General Electric Co., doing business as GE Aviation, Lynn, Massachusetts, has been awarded a maximum $17,818,296 firm-fixed-price, definite-quantity contract for UH-60 pipe exhausts. This was a sole-source acquisition using justification 10 U.S. Code. 2304(c)(1) as stated in Federal Acquisition Regulation 6.302-1. This is a one-year base contract with four one-year option periods. Location of performance… Read more »
The Gozo General Hospital’s helicopter was under scrutiny after the death of a heart patient. Allegations were made that the helicopter was faulty, and the elderly patient could not be transferred to Malta due to this. An inquiry into this revealed that “No difficulties were encountered during the transfer of the patient from GGH to… Read more »
The Royal Saudi Naval Forces launched their first MH-60R multirole naval helicopter recently. The aircraft operates on board the Navy’s ships as well as naval bases. The helicopter is the latest in military technology and as reported by BNA, it contributes to the partnership between other countries to enhance their maritime security. In particular between… Read more »
Northrop Grumman Corporation (NYSE: NOC) recently began flight tests for MQ-8C Fire Scout aircraft produced in Moss Point at the Trent Lott International Airport, a major milestone for the company and the region’s aerospace economy. Northrop Grumman’s Moss Point facility is key to producing and testing the MQ-8C Fire Scout, the U.S. Navy’s newest autonomous… Read more »
CHC Helicopter has been awarded a ground-breaking helicopter services contract by Woodside and other operators in the North West Shelf and North West Cape regions, providing passenger transfer flights, medical evacuation and search and rescue services for four customers from bases in Australia’s Pilbara region. The contract will commence in July 2019 and will provide… Read more »
Metro Aviation recently delivered an H135 to Washington Hospital Center’s MedSTAR Transport program. The hospital partnered with Metro Aviation to customize the aircraft at Metro’s completion center in Shreveport, La. The H135 features a standard medical interior including various specialty add-ons including a Cardiosave mount for hemodynamic support and Outerlink’s IRIS – a system for… Read more »
Experimental test pilots from Redstone Test Center (RTC) here teamed with operational pilots, crewmembers and ground troops from the 82nd Combat Aviation Brigade (CAB), Fort Bragg, N.C. to put two prototype UH–60V Black Hawk helicopters through their paces during a recent limited user test (LUT). The UH–60V digital Black Hawk will refit the U.S. Army’s… Read more »
In 1988, Ronald Reagan was President, shuttle Discovery led the space program back into flight nearly three years after the Challenger disaster, and, on the local front, Brevard County’s first and only air ambulance program debuted. This year marks 30 years of Health First’s First Flight — the Integrated Delivery Network’s (IDN) mobile medical unit… Read more »
During the Tracheal Reconstruction, Heart and Lung Transplant Surgeries workshop, Health Secretary J. Radhakrishnan said that they are planning on introducing helicopter ambulance services to the Tamil Nadu area. Specifically, to transport hearts to transplant centres that lack nearby airports, reports The Hindu.
Sikorsky, a Lockheed Martin company (NYSE: LMT), has kicked off its campaign marking the 40th anniversary of the Black Hawk helicopter, an iconic aircraft that is poised to continue to support military and search and rescue efforts around the world for decades to come with ongoing technology enhancements. Sikorsky launched the #MyBlackHawkStory social media campaign and is… Read more »
In less than a month, delegates and speakers from across the aviation, safety, energy, insurance and legal will gather in Texas to discuss the latest in safety best practices and knowledge at the 14th CHC Safety & Quality Summit. The Summit will take place October 2-4 at the Gaylord Texan Resort and Convention Center. More than 40… Read more »
Leonardo announced another major milestone in the certification process of the TH-119 single engine helicopter with the first ‘power on’ of the new Genesys Aerosystems avionics. The all new avionics and cockpit allowing unique IFR operations is being integrated at Leonardo Philadelphia facility, home to the AW119 single engine final assembly line for the US… Read more »
Atlanta-based Rotorcorp LLC today announced its newly-formed strategic partnership with MAK Heliservices LLC based in Baton Rouge. Work performed as part of the joint venture will be delivered under the newly formed ‘Rotorcorp Helicopter Services LLC’, which received its official Service Center authorization from Robinson Helicopter Company in August 2018. Rotorcorp Helicopter Services will focus exclusively… Read more »
PhilJets Group has appointed a new CEO in the person of Ms. Willyn Villarica. Thierry Tea, founder of the company, steps down from the CEO position and will assume the role of Chairman of the Board. Established in 2013, PhilJets has experienced rapid growth for the last 5 years under the management of Thierry Tea, growing… Read more »
Mecaer Aviation Group, Inc. (MAG) announced multiple validations for the VIP MAGnificent interior in the Bell 505. The VIP interior for the Bell 505, branded as the MAGnificent, received its Supplemental Type Certificate (STC) validation with EASA, FAA and ANAC authorities this past week. The STC is an optional upgrade to the existing Bell 505… Read more »
Coptersafety has announced two new appointments. Juha Ahtola has been named Head of Quality and Safety and Mikko Kallio Head of Training and Development. The new appointments are effective immediately. Both Ahtola and Kallio will report to Mikko Dahlman, CEO, Coptersafety. ENHANCING THE SAFETY OF HELICOPTER OPERATIONS WORLDWIDE In his new position as Head of… Read more »
Era Group and Bel Air Aviation have entered into a teaming agreement. This new agreement means that the helicopter services offered by both companies will be further strengthened through a close cooperation. As the biggest commercial operator of AgustaWestland helicopters worldwide, Era will add fleet and support to the cooperation while Bel Air Aviation will… Read more »
Babcock Aviation has selected a full suite of new-generation digital video equipment, including Avalex AVM4178Q 17-inch HD widescreen displays, Avalex AVC1816 Smart Video Management System and the Avalex AVR8414 HD DVR, as part of the fleet upgrade program for a fleet of five Airbus H135 helicopters operated by Western Power Distribution (WPD). This enables WPD… Read more »
ForeFlight, creator of the widely used ForeFlight Mobile Integrated Flight App, now offers customers Trip Assistant, a simple-to-use planning tool for anyone involved in mission planning that quickly computes door-to-door trip time. Trip Assistant is an enhancement to ForeFlight’s advanced web-based flight planning toolset. Trip Assistant computes total trip time, factoring in drive time, flight… Read more »
Atlanta-based Rotorcorp LLC announced its newly-formed strategic partnership with MAK Heliservices LLC based in Baton Rouge. Work performed as part of the joint venture will be delivered under the newly formed ‘Rotorcorp Helicopter Services LLC’, which received its official Service Center authorization from Robinson HelicopterCompany in August 2018. Rotorcorp Helicopter Services will focus exclusively on performing… Read more »
Waypoint Leasing has had to look for help from financiers after breaching loan covenants. Waypoint has received finance from roughly 26 institutions, with many now closed for any new deals. They are currently restructuring, but even this will take time, reports Helicopter Investor. The oil downturn has affected the industry so badly that finding a… Read more »
A dedication ceremony for the arrival of Marine Medium Tiltrotor Squadron 363 will take place Sept. 21, at their new hangar on Marine Corps Air Station Kaneohe Bay. “The arrival of a second MV-22B Osprey squadron to our Hawaii-based Marine Aircraft Group significantly increases our combat capability and allows us to better respond to crises… Read more »
Northrop Grumman Corporation (NYSE: NOC) will highlight its advanced global security capabilities at Defense Expo Korea 2018 (DX Korea), booth 8D-31, in Ilsanseo-gu, Republic of Korea (ROK), Sept. 12-16. Known for its integrated digital avionics mission equipment package and capabilities in autonomous systems, C4ISR and multi-generation fighter interoperability, Northrop Grumman will feature its world-leading technology… Read more »
The Dubai HeliShow 2018 will be held at the Al Maktoum International Airport in Dubai South this year, from 6-8 November. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai will be the patron for the event. The event is supported by the Dubai… Read more »
Air Evac LifeTeam is responding to the call for help in communities that will be affected by Hurricane Florence. They will be sending 72 crew members with 12 helicopters for as long as need be. Once at their designated communities, the crews will be working under FEMA as well as state and local EMS agencies,… Read more »
Russian Helicopters has joined with Rosaviatsiya to start exporting Ansat helicopters. They hope that once Rosaviatsiya validates the certifications, they will be able to start exporting in 2019. Rosaviatsiya has begun talks with Chinese authorities as well as Indian, Mexican, Columbian and Brazilian, reports TASS.
When it gets summer, the numbers of operations in the ÖAMTC air rescue are rising sharply. The most powerful ÖAMTC emergency helicopter between late June and early September (June 30 to September 9, 2018) was the Christophorus 9 stationed in Vienna. This helicopter was alerted to 410 missions in Vienna, Lower Austria and northern Burgenland.Missions… Read more »
SkyRyse has announced its launch as the first technology-enabled air mobility company to operate in the U.S. Built by aerospace experts from Boeing, SpaceX, Tesla, Uber, and the U.S. military, SkyRyse is on a mission to deliver fast, safe and affordable air transportation that is unbound by today’s transportation infrastructure. The company also announced it… Read more »
LORD Corporation – a leader in the management of vibration, noise and motion control – has received the Federal Aviation Administration’s (FAA) Part Manufacturer Approval (PMA) for its enhanced Main Driveshaft Transmission Boot for Bell 412HP and 412EP helicopter platforms. Customers using PMA parts can reduce their aircraft-on-ground time and save 35 percent on maintenance costs over a… Read more »
Fixed-wing aircraft and helicopters have to be able to operate safely under all certificated conditions. Helicopters operate in situations where in-flight icing can occur, in which case it is necessary to prevent damage to, or performance degradation of components like the engine and rotor blades. The KUH-1 Surion transport helicopter manufactured by KAI recently obtained… Read more »
Bristow Group Inc. (NYSE:BRS) today announced organizational changes as part of continuous improvements to the company’s support services model. The changes build off the company’s success over the past 15 months to reduce costs and align the company’s structure with the market environment for offshore services. “We have been pursuing increases in revenue and more efficient… Read more »
The monthly bulletin from the Air Accidents Investigation Branch has been released. This month’s issue does not refer to any helicopters and this update is included in HeliHub.com for completeness
Arizona Lifeline 3 closed its base at the Carondelet Holy Cross Hospital after ten years of service. Program Director Ed Brouse has commented that the decision to close was due to numerous factor and has been ongoing for several years. The Nogales community will still be served by Lifenet 6, working from the Tubac Fire… Read more »
Waypoint Leasing is having to discuss with banks on loan restructuring. The oil downturn that began in 2014 has caused their three main shareholders; MSD Capital, Cartesian Capital and Soros Fund Management to all agree on withholding from investing more equity. Boutique investment Houlihan Lokey and law firm Weil Gotshal have been brought in to… Read more »
