News Stories

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: HeliHub.com

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: HeliHub.com

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

Sikorsky and Bristow Embark on New Era of Search and Rescue - Mar/05/2015, 9:28AM

ORLANDO, Fla., March 3, 2015 /PRNewswire/ -- Sikorsky Aircraft Corp. today recognized Bristow Helicopters Ltd.'s upcoming launch of the U.K. search and rescue (SAR) contract and the company's dedication to SAR over the past 40 years. The recognition ceremony was held at the 2015 Helicopter Association International Heli-Expo show in Florida.

Read the full...Read More

Airbus Helicopters unveils its all-new H160 as the benchmark for medium-class rotorcraft - Mar/05/2015, 9:25AM

04 Mar 2015
In one of the industry’s most anticipated events, Airbus Helicopters presented its all-new H160, raising the standards for performance, cost effectiveness, passenger comfort and environmental impact to create the medium-class rotorcraft benchmark.

Read the Full...Read More

First AW139 reaches milestone 10,000 airframe hours - Feb/26/2015, 8:57PM

26 Feb, 15, Source: HeliHub.com

AgustaWestland has marked the milestone event of the first AW139 to reach 10,000 airframe hours. Serial 31041 was first registered to CHC in June 2006 and has remained on the same PH-SHL registration ever since. This equates to just over 1,100 hours a year on average

...Read More
Bond Helicopters Australia Begins Service with the S-92® Helicopter - Feb/25/2015, 1:00PM

25 Feb, 15, Source: Sikorsky

Sikorsky Aircraft Corp. today announced the delivery of two S-92® helicopters to Bond Helicopters Australia at the 2015 Avalon Airshow. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE:UTX).

Bond Helicopters Australia will operate a total of four S-92 helicopters, the first of its kind in this Australian fleet.

Sikorsky will...Read More

Erickson takes on support responsibility for Bell 214B and ST models - Feb/19/2015, 10:14PM

10 Feb, 15, Source: Bell

Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today a signed agreement with Erickson Incorporated to assume product support responsibility of the Bell 214 B and ST models, including spare parts supply, technical assistance, maintenance training, and maintenance, repair and overhaul services (MRO).

This agreement will extend the life of...Read More

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