Northern HeliCopter GmbH has won a contract to provide rescue services for the Riffgat and Alpha Ventus offshore wind farms in Germany. See Full Story.
Source: offshoreWIND.biz, 09-Apr-20
Offshore operator CHC has produced an adaption for their offshore AW139s in the Netherlands to provide a safety screen between the pilots and the passengers during the COVID19 pandemic. Quinten Hergaarden, Deputy Accountable Manager at CHC Helicopters Netherlands spoke with HeliHub.com to explain the project further. With the AW139 cabin reduced from 12 to 8 passengers (for… Read more »
Source: HeliHub.com, 08-Apr-20
Babcock MCS Offshore have won a significant new five-year shared contract with three oil and gas operators for helicopter transport in the northern North Sea. The contract will initially see Babcock operate over 100 helicopter flights each month from Sumburgh in Shetland, on behalf of CNR International, EnQuest and TAQA under a collaborative agreement. Flights… Read more »
Source: HeliHub.com, 06-Mar-20
British based Babcock International Group has put out a Trading Update this week which paints a very mixed situation for its Aviation division. From the full statement below we note implementing improvement and restructuring programmes £85 million write down on assets and leases in our oil and gas business Good trading performance in UK and international… Read more »
Source: HeliHub.com, 14-Feb-20
Pawan Hans have announced that Sanjeev Razdan has been appointed as the chairman and managing director (CMD). Razdan is at present general manager at the operator, the largest in India, and has been appointed as the CMD for a five-year tenure. Pawan Hans is owned by the Indian Government, 49% by the state-owned Oil & Natural Gas Corporation… Read more »
Source: HeliHub.com, 12-Feb-20
Bristow Group Inc. today announced extensions to two contracts with ConocoPhillips to support its air transportation crew change and shuttle/search and rescue (SAR) services for the Greater Ekofisk Area in the North Sea. Bristow has been ConocoPhillips’s aviation partner for more than 20 years. The current two contracts started September 1, 2014 and the extension… Read more »
Source: Bristow Group, 11-Feb-20
During HAI 2020, Bell announced their collaboration with Norwegian oil and gas operator, Wintershall Dea Norge AS, to bring enhanced helicopter operational safety to the North Sea. “Wintershall Dea is a pioneer in their industry and working together with Bell, we believe we will challenge industry norms and create a new standard of innovation in… Read more »
Source: Bell, 29-Jan-20
Heli-One, a leading provider of helicopter maintenance, repair, and overhaul (MRO) services, has developed several new H225 modifications for HEMS purpose. The modifications are a modular medical equipment wall and stretcher installation. These modifications support HEMS teams with improved flexibility and efficiency while maintaining patient and crew safety. Updated Medical Wall This is the third… Read more »
Source: Heli-One, 28-Jan-20
The Safety and Aviation Committee of the International Association of Oil and Gas Producers (IOGP) endorsed plans for a new aviation-focused Joint Industry Project (JIP) to fund work in support of its Project Safira goal of eliminating fatalities from the upstream energy business. The JIP will result in fresh investment of approximately £500,000 in the… Read more »
Source: HeliOffshore, 28-Jan-20
Sikorsky, a Lockheed Martin company (NYSE: LMT), announced today it is accepting position agreements for upgrades to the best-in-class S-92 helicopter: the S-92A+™ and the S-92B™ helicopters. The announcement at the annual Helicopter Association International (HAI) Heli Expo demonstrates continued investment in and commitment to commercial helicopter operators and customers. “We are excited to offer… Read more »
Source: Sikorsky, 28-Jan-20
On Monday 27th January, 2020 HeliOffshore announced the appointment of Keith Mullett to HeliOffshore’s board of directors. Keith Mullet is President of PHI International and acting President of PHI Americas. He has been President of PHI International since the acquisition of HNZ by PHI in December of 2017. Before that, he was the Executive Vice… Read more »
Source: HeliOffshore, 28-Jan-20
Letter posted by Bristow Group as an official filing with the US SEC (Securities and Exchange Commission), written by L. Don Miller, President and Chief Executive Officer.:- Dear Colleagues, Today is an important day in the life of Bristow as we continue to position our global company for long term success. It is with great enthusiasm… Read more »
Source: Bristow Group, 24-Jan-20
At one time, Bristow Group had a total of 22 Airbus H175s on order. Here’s the timeline of the announcements 2013 – an initial order of “up to 12”, which turned out to be 5 when you read the 2015 release 2015 – increased by 12 in 2015, a further five were then added in 2017 –… Read more »
10-Jan-20
Since the introduction of the Sikorsky S92 from its FAA certification in 2002, the only airframes to be withdrawn from service have been as a consequence of an accident. Until now. CHC in the UK have retired serial number 920024, which the UK Civil Aviation Authority recorded in February 2019 as having 12,024 hours on… Read more »
Source: HeliHub.com, 30-Dec-19
The team at HeliHub.com would like to wish all our readers a very Happy Christmas and a prosperous 2020. This is the time of the year we celebrate the birth of Jesus, and we trust many of our readers will take time to consider what that means to the world, perhaps through attending a church… Read more »
Source: HeliHub.com, 23-Dec-19
The Belgian NHV Group announced on Monday 28th October that it had been granted a UK Air Operator’s Certificate (AOC) for its offshore operations from the UK. Six of the fleet of helicopters already based at Norwich and Aberdeen-Dyce had been re-registered from the Belgian register to NHV Helicopters Ltd on the British register by… Read more »
Source: Robert Swan, 30-Oct-19
NHV Group, a leading provider of B2B helicopter services, today announced that it has gained an Air Operator Certificate (AOC) by the UK Civil Aviation Authority (CAA). With this AOC, NHV again confirms its intention to strengthen its position in the UK offshore helicopter segment. The Group has currently inducted 7 aircraft under its UK… Read more »
Source: NHV, 28-Oct-19
A leading civil engineering company has finished work on a heliport base linked to the world’s largest offshore wind farm. Jones Bros Civil Engineering UK designed and built the £4.2m heliport base in Barrow-in-Furness, which will enable helicopters to transport technicians to and from the Walney Extension offshore wind farm project. Walney Extension became the… Read more »
Source: Jones Bros Civil Engineering UK, 27-Sep-19
At a time when loss-making Pawan Hans is in the process of being privatised, the helicopter company has issued a notice inviting applicants for the post of its chairman and managing director (CMD) See full story
Source: Hindustan Times, 25-Sep-19
The NHV Group today announced a new long-term contract to provide helicopter services for Petrofac. Initially, under the new four year agreement, four crew change flights per week will depart from NHV’s base in Aberdeen to the FPF1 floating production facility using H175 helicopters. The state-of-the-art H175 aircraft, an Airbus Helicopter’s Super Medium type is… Read more »
Source: NHV, 29-Aug-19
During the Labace event, which occurred from August 13th to 15th, Omni was awarded by Leonardo Helicopters, one of the world’s leading helicopter manufacturers, for the historic performance of the most distant flight ever made from the Brazilian coast. This flight was performed by a Leonardo Helicopters aircraft, model AW189 (using a belly tank), to… Read more »
Source: Omni Táxi Aéreo, 22-Aug-19
Bristow took the unusual step of announcing this on a Saturday:- Bristow Group Inc. (NYSE: BRS) (“Bristow” or the “Company”) today announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court” or “the Court”). Bristow intends to use the proceedings to restructure and… Read more »
Source: Bristow Group, 13-May-19
India’s largest helicopter operator, Pawan Hans, is in a financial crisis and unable to pay employee salaries for April. The company reportedly sent a circular sent to employees on Thursday saying that the company is facing “an uncomfortable financial position”. It is also the time of year that salary levels are historically reviewed, according to… Read more »
Source: HeliHub.com, 30-Apr-19
The NHV Group announced a new long-term contract with Premier Oil to provide helicopter services to their North Sea assets. Daily flights with the H175 will depart from NHV’s base in Aberdeen for a period of 5 years. To further optimize its service, NHV will add another brand new H175 to its fleet in Aberdeen…. Read more »
Source: NHV, 05-Apr-19
PHI, Inc. (Nasdaq: PHII (voting); PHIIK (non-voting)) today reported financial results for the year ended December 31, 2018. PHI, Inc (the “Company”) today announced a net loss from continuing operations for the year ended December 31, 2018 of $141.5 million, or $8.95 per share, on revenue of $674.4 million. This compares to a net gain… Read more »
Source: PHI, 20-Mar-19
PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI” or “the Company”) today announced that PHI and its principal U.S. entities filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Texas to address the upcoming maturity of PHI’s unsecured senior notes and strengthen its balance sheet in… Read more »
Source: PHI, 15-Mar-19
Babcock Australasia, the aerospace and defence company, is celebrating its first year of Airbus H175 helicopter operations in Timor Leste after clocking up nearly 1400 flights providing offshore aviation services for their oil and gas customer. The company, which operates two H175s on personnel transport, search and rescue, and medevac duties in the Timor Sea… Read more »
Source: Airbus Helicopters, 13-Mar-19
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 »
Source: Era Group, 06-Mar-19
Babcock has in the last week completed a fleet move that saw two helicopters moving from UK to Australia, and two coming back on the return flight. The move was completed by freight specialists Volga-Dnepr Airlines (VDA), using an Antonov An-124 aircraft. After shipping two Leonardo AW139 helicopters from Prestwick UK to Melbourne in Australia, VDA… Read more »
Source: HeliHub.com, 03-Mar-19
Babcock Australasia (Babcock), the aerospace and defence company, is pleased to announce that its Offshore Aviation division has been awarded a five year contract with Santos Ltd (Santos) operating from Karratha, Western Australia. Commencing 1 July 2019, the contract facilitates the provision of two dedicated Leonardo AW139 aircraft to provide crew change, emergency support, 24/7… Read more »
Source: Babcock, 25-Feb-19
One of PHI, Inc.’s [Nasdaq: PHIIK, PHII] largest shareholders, Timothy Stabosz, who owns roughly 11% of the company’s non-voting (PHIIK) shares, today released an “open letter to management,” calling on the company to address, and refute, a story published by Debtwire on February 11th. Such letter is provided below in its entirety. Separately, Stabosz announces… Read more »
Source: Timothy Stabosz via Globe Newswire, 20-Feb-19
Following the loss of the contract with Perenco, Babcock MCS Offshore have closed their base at Norwich and the four Leonardo AW139s which they operated from there have been dispersed. In the early days of January, two of the four AW139s based there (G-PERD and G-VINC) were ferried to Babcock’s facility in Aberdeen. The third aircraft,… Read more »
Source: HeliHub.com, 11-Feb-19
Babcock MCS Offshore have a fleet of four Airbus H175 helicopters, and we recently tracked one of these taking an unusual route. Ship #5022 registered as G-MCSE took a two day ferry flight on 29th and 30th January from Babcock’s base at Aberdeen through to the Airbus Helicopters facility at Albacete in Spain, with an… Read more »
Source: HeliHub.com, 08-Feb-19
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today that it will now release financial results for its fiscal year 2019 third quarter after the market closes on Monday, February 11, 2019. Bristow has also rescheduled its conference call, which will now be broadcast live over the internet on… Read more »
Source: Bristow, 07-Feb-19
The team at HeliHub.com would like to wish all our readers a very Happy Christmas and a prosperous 2019. This is the time of the year we celebrate the birth of Jesus, and we trust many of our readers will take time to consider what that means to the world, perhaps through attending a church… Read more »
25-Dec-18
In a press release timed to coincide with the opening of the MEBAA Middle East Business Aircraft Association show in Dubai, UAE based Falcon Aviation Services (FAS) have provided more information on their new operation in Kuwait. At a newly built 160,000 m² heliport at Kuwait Oil Company’s premises, FAS commences a five-year onshore and… Read more »
Source: HeliHub.com, 11-Dec-18
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 »
Source: Waypoint, 08-Dec-18
Helibras announced the delivery of two H135 helicopters to Líder Aviação. The contract was signed at the beginning of the second half of this year and includes the provision of helicopters configured for offshore operations such as passenger transport and medical evacuation missions in the Oil & Gas market. “Flexibility, reduced maintenance and lower operating… Read more »
Source: HeliHub.com, 12-Oct-18
Bristow Caribbean, based out of Port of Spain in Trinidad & Tobago, has recently marked the milestone of 30,000 hours on AW139 operations. Manufacturer Leonardo provided the banner in the image below, which Bristow posted on social media. No press release was issued. Bristow has seven AW139s currently registered in Trinidad & Tobago of which… Read more »
Source: HeliHub.com, 02-Oct-18
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 »
Source: Bristow, 13-Sep-18
It seems a long time ago. On 29th April 2016, the Main Rotor Head and mast suddenly detached from an Airbus Helicopters H225 flying from Gullfaks B to Bergen Airport Flesland. The helicopter impacted on a small island east of Turøy. As the final accident report is published our thoughts have to be with the… Read more »
Source: Allan Blake, 10-Aug-18
The following statement, issued by Era Group to the US Securities & Exchange Commission (original here), states that Airbus has agreed a $42 Million payout to Era relating to the operators purchase of eleven H225s. “On July 3, 2018, Era Group Inc. (the “Company”) and Era Helicopters, LLC (together with the Company “Era”), entered into… Read more »
Source: Era Group, 10-Jul-18
FAR Gambia Ltd have recently awarded offshore operator NHV a contract for the Provision of Helicopter Transport Services out of Banjul (Gambia). The Belgian based operator has said that they will be using two H155s to cover the work required. Australian-owned FAR expanded its West African exploration portfolio in March 2017 in the offshore Mauritania-Senegal-Guinea-Bissau… Read more »
Source: HeliHub.com, 29-Jun-18
Following our detailed analysis of the H225/AS332L2 fleet movements yesterday there is one other key contract for H225s which we can now provide more details to. In late May, the French Government announced that Airbus signed a €555 million ($643M) deal with Ukraine for 55 helicopters. The Ukraine Government have said that this covers 24… Read more »
Source: HeliHub.com, 27-Jun-18
Bristow has renewed their contract with ExxonMobil in Guyana for the following two years. This means they will continue to provide SAR services, EMS services as well as offshore crew change to the company. The renewal officially started on January 1, 2018, reports Offshore Energy Today.
Source: HeliHub.com, 21-Feb-18
In a recent HeliHub interview, Larry Thimmesch, VP Sales and Marketing for the Bell 525 Relentless program provided further details on the timelines of the certification process. Despite the delays brought upon by the fatal accident of one of the prototypes in July 2016, Bell tell us their new certification program is on schedule to… Read more »
Source: HeliHub.com, 21-Feb-18
The Oil and Natural Gas Corporation (ONGC) is looking into the purchase of an air ambulance. The helicopter would then be at their “beck and call,” providing available EMS for offshore workers at all times. The ONGC has invited helicopter companies to partake in bids, reports Indian Express.
Source: HeliHub.com, 19-Feb-18
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 »
Source: Allan Blake, 05-Feb-18
The team at HeliHub.com would like to wish all our readers a very Happy Christmas and a great 2018. This is the time of the year we celebrate the birth of Jesus, and we trust many of our readers will take time to consider what that means to the world, perhaps through attending a church… Read more »
22-Dec-17
Lease Corporation International (LCI), the aviation division of the Libra Group, has taken delivery of its first Airbus Helicopters H175 aircraft and placed it on lease with CHC. The aircraft will be based out of Aberdeen, Scotland, supporting oil and gas production activities in the North Sea. Crispin Maunder, Executive Chairman of LCI, says: “This… Read more »
Source: LCI, 18-Dec-17
The offshore helicopter market has finally started to recover following some three years of decline. Rotorcraft operators have reorganised, restructured and recognised that the outlook in the near-term is for modest growth. In our latest analysis, covering the period to 2022, we conclude that the market still presents opportunities for the supply chain. We expect… Read more »
Source: West Wood Energy, 05-Dec-17
In the recent Q3 earnings call with financial analysts, Era Helicopters President and CEO Chris Bradshaw provided the following commentary as part of his introduction:- “The next topic is an update on the status of H225 and AS332 L2 model helicopters following the fatal accidents off the coast of Norway in April 2016, and resultant… Read more »
Source: HeliHub.com, 20-Nov-17
Airbus Helicopters have brought an H225 to the Helitech International show which starts tomorrow at the ExCeL exhibition centre close to London City Airport. The helicopter touched down around 11.15L this morning. In an attempt to improve the PR surrounding the helicopter type, Airbus has brought an example which they had stored at the factory… Read more »
Source: HeliHub.com, 02-Oct-17
Aberdeen Harbour Board is delighted to announce that, following an extensive recruitment process, Michelle Handforth is to join in the role of Chief Executive. Michelle, who has 20 years of board and leadership experience in global, multi-site businesses, will succeed Colin Parker in her new role, however, Colin will remain in post as Chief Executive… Read more »
Source: Aberdeen Harbour Board, 02-Oct-17
Airbus Helicopters has made the results of its survey available to operators and oil companies, but not officially to the press. However, we have validated from a reliable source that 62% of respondents say they are most unlikely to, or will never, fly in the H225 again. Airbus are trying to compare this to the… Read more »
Source: HeliHub.com, 12-Sep-17
Revenue was $56.4 million in the second quarter of 2017, a decrease of $0.9 million compared to $57.3 million a year ago. This variation is mostly explained by a decrease in onshore revenue and ancillary revenue, partially offset by an increase in offshore revenue. The Corporation flew 10,725 hours compared to 11,557 hours in the second quarter of 2016, a decrease… Read more »
Source: HNZ, 18-Aug-17
Heli Holland have announced on their Facebook page the acquisition of three helicopters to increase their offshore work. They have acquired two EC155s previously operated by CHC, registered PH-EUB and PH-SHO, and the sole EC175 operated by Mexican operator Pegaso. The 155s are already carrying Heli Holland Offshore titles, and one is currently not fitted… Read more »
Source: HeliHub.com, 16-Aug-17
In a recent investor call, Jonathan Baliff – President and CEO of Bristow Group – said the following on the company’s position on the Airbus H225 helicopter and their current plans for its Return To Service. “You may be aware that the civil aviation authorities in the United Kingdom and Norway recently issued directives that… Read more »
Source: SeekingAlpha, 15-Aug-17
Today, Bristow Helicopters is taking delivery of another AW189 from the Leonardo factory in Italy – serial 89002 and registered G-OENC. This will join the first two Bristow offshore AW189s G-OENA and G-OENB in the near future. The crew made a lunch stop at Clermont-Ferrand in France en route to the UK. The new aircraft… Read more »
Source: HeliHub.com, 04-Aug-17
The flight restrictions on the Super Puma EC225s was lifted earlier this month, after being grounded since the fatal crash last year that killed 13 people. The public has voiced their anger however. Unions have requested a public inquiry into the accidents involving the Super Pumas. They state that the workers are getting by with… Read more »
Source: HeliHub.com, 25-Jul-17
Currenty in flight test at the Leonardo factory in Italy is an AW189 in full CHC livery. However, it is not a brand new aircraft and we believe it may have been stored at the facility for over two years. When seen in March 2015, serial 49022 was wearing the livery of Nigerian opertor Caverton… Read more »
Source: HeliHub.com, 25-Jul-17
Oil company BP is being reported by Energy Voice as saying it will not consider allowing its offshore workforce using Airbus EC225 or AS332L2 helicopters until the Norwegian investigation authority AIBN has completed and reported on its work regarding the CHC accident of April 2016. This news comes after the UK and Norwegian CAAs both… Read more »
Source: HeliHub.com, 11-Jul-17
Four Z-9 EH helicopters have been commissioned by the President of Ghana, John Mahama, to be delivered by the Chinese government. The helicopters will have a large role in the Ghana Gas infrastructure project. The commission comes to $100 million, reports My Joy Online. The helicopters will be used for security of oil installations on… Read more »
26-May-17
Babcock Mission Critical Services Offshore are in the process of rotating their AS365N3 fleet, which are based at Blackpool and serve offshore gas installations in the Irish Sea. In recent weeks they have received two helicopters, one from Germany and one from Tunisia. The German example D-HAVU was previously in the Babcock (Bond) fleet as… Read more »
Source: HeliHub.com, 09-May-17
The AgustaWestland AW189 has arrived in South America, and is expected to start offshore operations in the near future from Cabo Frio in Brazil, near Rio de Janeiro. Operated by Aeroleo, part of the Era Group, serials 49025 and 49028 were shipped to Brazil in March and are going through a normal introduction project, getting… Read more »
Source: HeliHub.com, 05-May-17
A Preliminary Report into the fatal accident of the CHC operated H225 helicopter LN-OJF by the Accident Investigation Board Norway (AIBN) was issued on April 28th 2017 (“The Report” is located at https://www.aibn.no/Aviation/Investigations/16-286. The detailing of the catastrophic events makes very sad reading indeed, particularly the questions as to: 1. Why two similar catastrophic accidents… Read more »
Source: Allan Blake for HeliHub.com, 03-May-17
The European Aviation Safety Agency (EASA) takes note of the publication today by the Accident Investigation Board Norway (AIBN) of the preliminary investigation report of the tragic accident of an Airbus Helicopters EC225 (registration number LN-OJF) which occurred on 29 April 2016 in Norway. While the accident investigation is not complete, EASA continues to implement… Read more »
Source: EASA, 28-Apr-17
Investigation of helicopter accident at Turøy near Bergen in Hordaland county, Norway Description 29 April 2016 the Main Rotor Head (MRH) and mast suddenly detached from an Airbus Helicopters EC 225 LP enroute from Gullfaks B to Bergen Airport Flesland. The helicopter impacted on a small island east of Turøy. All 13 people on board… Read more »
Source: AIBN, 28-Apr-17
A tender has been issued for a three-year contract for an EMS helicopter, including aeronautical and medical crew, for 50Hertz Transmission GmbH and three offshore wind developers in the Baltic Sea. This helicopter will be used for emergency rescues of employees on the wind turbines and offshore platforms at Iberdrola’s Wikinger, E.ON’s Arkona and EnBW’s… Read more »
Source: HeliHub.com, 24-Apr-17
Sikorsky, PHI Inc. and Outerlink Global Solutions, a Metro Aviation company, today announced that the S-92® helicopter has demonstrated the ability to transmit in-flight, real-time Health and Usage Monitoring Systems (HUMS) data to PHI’s operations control center. The announcement came at the 2017 Helicopter Association International Heli-Expo show. With this new capability, PHI operators can… Read more »
Source: Sikorsky, 08-Mar-17
Last week, the oil industry journal Energy Voice wrote about a potential new helicopter operator on the North Sea – Vici Helicopters. Incorporated on 18th January with an address in Stavangar, the company is reportedly going to operate two AgustaWestland AW189s, although it is still in the process of obtaining the necessary operating licences. The… Read more »
Source: HeliHub.com, 06-Feb-17
The annual Helicopter Investor Conference brings together about 200 helicopter lessors, financiers and manufacturers, with some operators and others closely tied to the financing of the industry. There is a primary but not exclusive focus on the offshore helicopter industry. This was my first visit and a very appropriate time to listen and talk to… Read more »
Source: Allan Blake, 03-Feb-17
The recent “near miss” that occurred on a rig landing by S92A G-WNSR on December 28th 2016 is the latest in a series of major incidents that appear to have been caused by the accelerated deterioration of critical components, this time in the tail rotor bearing assembly (Air Accident Investigations Branch “AAIB” Special Bulletin S1/2017,… Read more »
Source: Allan Blake for HeliHub.com, 03-Feb-17
Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services (“GECAS”) company and the global leader in helicopter leasing, announced today a commitment letter with Bristow Group Inc. (“Bristow”), a leading provider of global industrial aviation services. Under the agreement, Milestone is providing a $230 million secured term loan facility to a subsidiary of Bristow,… Read more »
Source: Milestone, 03-Feb-17
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 »
Source: HeliHub.com, 02-Feb-17
