News Stories

Falcon Aviation Services takes delivery of two AW189 helicopters - AgustaWestland Press Release - Jun/19/2015, 3:38PM

Finmeccanica – AgustaWestland has announced that Falcon Aviation Services (FALCON) of Abu Dhabi (United Arab Emirates) has taken delivery of two AW189 super medium helicopters in offshore transport configuration. The deliveries and entry into service in the UAE of the AW189 was marked by ceremony at Marina Mall Helipad in the presence of H.H. Sheikh Zayed Bin Sultan Bin Khalifa.

“It is...Read More

Pegaso sign for ten Airbus H145s - Jun/19/2015, 2:37PM

19 Jun, 15, Source: Airbus
Mexican operator Transportes Aéreos Pegaso has established a framework agreement to acquire 10 H145s, becoming the initial Latin American customer for this latest member of Airbus Helicopters’ four-ton-class twin-engine rotorcraft product range.

Announced today at the Paris Air Show, the agreement foresees Pegaso placing its first firm order in the...Read More

Milestone Aviation Group signs agreements for 48 helicopters - Jun/15/2015, 4:07PM

NEWS // 2015/06/15
Milestone Aviation Group has raised its commitment to the Airbus Helicopters H175 to 28 orders and options, and has also announced a letter of intent to purchase 20 Bell 525 Relentless helicopters.

The increase in commitment to the H175 represents the largest order for Airbus’ new super-medium-lift twin-engine rotorcraft.

Read the full...Read More

UTC confirms it will sell or spin off Sikorsky - Jun/15/2015, 4:05PM

NEWS // 2015/06/15 by Elan Head
Three months after announcing that it was exploring “strategic alternatives” for its Sikorsky Aircraft business, United Technologies Corp. (UTC) has confirmed that it will proceed with a sale or spinoff of the helicopter manufacturer.

UTC revealed on June 15 that it will pursue the separation of Sikorsky from UTC, subject to final board approval....Read More

AgustaWestland deliver first production AW169 - Jun/08/2015, 1:27PM

8 Jun, 15, Source:
AgustaWestland have delivered the first production AW169 prior to the type being given certification approval. Serial 69006 was delivered from Italy very early on Saturday 6th June to the UK, still carrying an Italian test registration I-RAIF and flown throughout by an AgustaWestland pilot. The helicopter was delivered to the Dubai Air Wing. The Dubai...Read More

Golden Eagle Aviation orders an AW139 helicopter - Jun/04/2015, 2:07PM

AgustaWestland Press Release
Finmeccanica–AgustaWestland has announced that Golden Eagle Aviation has signed a contract for an AW139 intermediate twin helicopter. The aircraft, which is to be delivered later this year, will perform executive/corporate passenger transport missions in key Pakistani urban areas of Lahore, Islamabad and Karachi. The contract was finalized at EBACE in Geneva...Read More

Bel Air's first AW189 helicopter becomes global fleet leader - Jun/04/2015, 2:04PM

AgustaWestland Press Release
Finmeccanica-AgustaWestland has announced that the first AW189 super medium twin engine helicopter operated by Bel Air of Denmark has become the global fleet leading AW189, exceeding 600 flight hours in just six months of operation while demonstrating exceptional availability and mission effectiveness. A total fleet of 16 AW189s have been delivered to date to...Read More

If Sikorsky's Out to Bid -- Who Could Be The Buyer? - Jun/03/2015, 11:51AM

Forbes Investing June 2, 2015
by: Trefis Team
In a recent article, we explored the potential benefits for United Technologies if it decided to spin-off it’s only platform providing business, Sikorsky. However, United Technologies is also exploring the option of selling its rotorcraft business to a competitor, resulting in consolidation within the industry. Potential buyers of...Read More

Falcon Aviation Services take delivery of two AW189s - Jun/02/2015, 4:00PM

1 Jun, 15, Source:

Abu Dhabi-based Falcon Aviation Services are about to receive the two AgustaWestland AW189s they have had on order since at least October 2014 when it was announced by the manufacturer. The pair of helicopters – registered A6-FHB and A6-FHC – are currently en route from the factory in Italy to their new base in the United Arab Emirates, a flight of four...Read More

HNZ Group announces investment in Norsk Helikopterservice AS - Jun/01/2015, 10:37PM

HNZ Group Press Release

HNZ Group Inc. (the “Corporation”), an international provider of helicopter transportation and related support services, announced it has acquired an interest in Norsk Helikopterservice AS (NHS), an offshore helicopter provider based in Stavanger, Norway through a combination of common shares, representing a 49.9 percent voting and equity interest in NHS, and...Read More

Bristow Eyeing Up to $1 Billion in Aircraft M&A as Oil Drops - Apr/17/2015, 5:18PM

by David Wethe - Bristow Group Inc., the largest helicopter company that ferries oil workers to rigs and platforms offshore, is willing to spend as much as $1 billion on acquisitions, seizing on the crude market crash to expand its fleet.

Next year will be “very good,” partly because of the chance to do more mergers and acquisitions, Chief Executive Officer Jonathan Baliff, 51, said in...Read More

Setting the Standard - 2015-04-16 - Apr/16/2015, 7:15PM

by Kenneth I. Swartz - Almost exactly 50 years ago, the first commercial helicopters began flying offshore workers to exploration platforms drilling for hydrocarbons beneath the inhospitable and frigid North Sea.

The discovery of the offshore oil and gas fields on the European continental shelf would go on to transform the economies of Norway, the United Kingdom, the Netherlands, and...Read More

Ex-Im Bank approves financing for sale of AW139 helicopters - 2015-04-13 08:52:19 - Apr/13/2015, 6:17PM

Ex-Im Bank Press Release
The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million loan guarantee to finance the export of U.S.-made AgustaWestland AW139 helicopters to North Pole Investments in Panama for leasing and use in Colombia's offshore oil and gas industry. The lender is Apple Bank for Savings of New York, N.Y.

According to Ex-Im Bank estimates...Read More

Max Capacity? - Apr/07/2015, 1:34PM

2015-04-07 by Andrew D. Parker - It’s hard to overstate just how dramatically the helicopter financing and leasing sector has changed over the last five years, evolving from a handful of small regional providers into a billion-dollar global industry. As more and more companies appear on the scene, offering an increasingly diverse range of leasing and financing options for customers across the...Read More

Weststar awarded five year contract for two AW139s - Apr/03/2015, 3:54PM

1 Apr, 15, Source:

Weststar Aviation Services has today started a new contract operating two AW139 helicopters to expand operations for oil and gas exploration under the Malaysia-Thailand Joint Authority. Weststar are providing the helicopters to Carigali Hess Operating Company and Carigali PTTEPI Operating Company Sdn Bhd.

The contract is worth...

Read the...Read More

Bond wins £60M five year offshore SAR contract - Apr/01/2015, 2:29PM

1 Apr, 15, Source: Oil & Gas UK

North Sea oil and gas operators have committed to fund a search and rescue (SAR) helicopter service, supplementing national SAR cover for parts of the Central North Sea.

The service will be operated by Bond Offshore Helicopters and will ensure existing rescue and recovery standards are maintained.

Read the full...Read More

Helijet Extends Resort Fishing Lodge Service Contracts to 2019 - Apr/01/2015, 2:26PM

1 Apr, 15, Source: Helijet

Helijet has extended its existing helicopter service contracts with two of BC’s world-renowned fishing resort lodge clients located on Haida Gwaii, off the North-West coast of British Columbia.

Together, these extended service agreements are valued at over $7 million.

Read the full Press Release

...Read More
Four Bell 412EPs delivered to Heliservicio Campeche - Mar/18/2015, 4:10PM

Heliservicio Campeche has received the final four Bell 412EP helicopters to support its Gulf of Mexico oil and gas operations, as announced by Bell Helicopter on 16 March.

Servicio Técnico Aéreo de México, a platinum-level certified service facility of Bell Helicopter in Mexico, will service the new helicopters, as it does for the rest of the company's fleet.

Heliservicio took...Read More

North Slope Borough Signs for S-92® Helicopter - Mar/05/2015, 9:35AM

ORLANDO, Fla., March 4, 2015 /PRNewswire/ -- Sikorsky Aircraft Corp. today announced that North Slope Borough (NSB), Alaska, has signed for its first-ever S-92® helicopter. The announcement was made at the 2015 Helicopter Association International Heli-Expo show. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX).

The helicopter will be used for the critical...Read More

Global Helicopters Market Forecast and Opportunities, 2019 with Bell, Airbus, Russian Helicopters, Agusta West land, Boeing, NH Industries, Kama, Robinson and Hindustan Aeronautical Dominating - Mar/05/2015, 9:32AM

DUBLIN, Mar. 04, 2015 /PRNewswire/ --Research and Markets has announced the addition of the "Global Helicopters Market Forecast and Opportunities, 2019" report to their offering.

The global helicopter market is expected to witness a CAGR of around 5% during 2014-19

Despite having a considerably smaller share in global helicopter market, Latin America is expected to witness...Read More