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November 13, 2015
Image courtesy of Sikorsky Aircraft Sikorsky Aircraft’s famed Winged-S emblem has survived the company’s takeover. The helicopter maker’s official logo has changed, however. Gone is the circle of radial lines (meant to represent a gear) that marked it as a unit of United Technologies Corp., which on...
November 12, 2015
Photo courtesy of XTI Aircraft XTI Aircraft is seeking U.S. approval to convert $13.8 million in “expression of interest” in its TriFan 600 business aircraft proposal into real investments. The Denver-based company launched the “crowdfunding” initiative on Aug. 25 to reach out to individual investors. To...
November 12, 2015
Bristow Group’s U.K. SAR contract was one bright spot in the latest quarter’s financial performance. Steady growth in SAR work, recently acquired fixed-wing operations through Eastern Airlines and Airnorth, along with its ongoing economic restructuring efforts, all together managed to keep year-over-year quarterly revenues flat (excluding foreign exchange effects) despite an 8%...
November 10, 2015
Air Methods remains on the prowl for companies to acquire in the air medical sectors, according to its CEO. The company said back in August that it "had meaningful pursuits ongoing within both” sectors and believes that "that is still applicable today,” said Air Methods Chief Aaron Todd Nov. 5 after revealing...
November 10, 2015
Offshore helicopter support operators face economic challenges that are unmatched in their history, said Bristow Group President/CEO Jonathan Baliff. “This industry at its current scale has not faced this level of commercial, foreign exchange and financial market headwinds before,” said Baliff. Bristow reported financial results for the second quarter of its 2016 fiscal year that included a 96%...
November 10, 2015
“Lower for longer” has been the in-vogue catchphrase for the oil industry since about August. Leaders like Goldman Sachs and BP CEO Bob Dudley have used it. Offshore operators have embraced it, with the latest Era Group and Bristow Group financial reports...
November 9, 2015
Bell Helicopter does not expect the commercial helicopter market to recover until early to mid-2017, according to a Reuters report from this week’s Dubai Air Show. The news service quoted Bell’s vice...
November 9, 2015
India's conglomerate Tata has added Boeing to its list of aerospace joint-venture partners. The subsidiary Tata Advanced Systems Ltd. and Boeing today said their new joint venture initially will create a “manufacturing center of excellence” to...
November 9, 2015
The second Mi-171A2 prototype has begun flight tests at the Mil Moscow Helicopter Plant, Russian Helicopters reported. The unit of the state corporation Rostec said certification testing also is underway. The latest...
November 6, 2015
Globally, the helicopter market “is more at the bottom than at the top,” Turbomeca CEO Bruno Even told R&WI. “In the last two years, all OEMs have been facing the same slowdown in the market.” That said, he added that Turbomeca is committed to investing in innovative new products and improved customer satisfaction. “We have a...
November 6, 2015
The U.S. isn't alone in its concern about how to regulate civil drones. France is concerned, too. As U.S. Transportation Secretary Anthony Foxx prepared last month to launch a drone registry task force (which wrapped up three days of deliberations yesterday), a top-level French government agency noted that “current regulation [in France] is inadequate and must be reformed to better prevent and...
November 5, 2015
One minute before midnight EST Nov. 6 is the deadline for the public to submit comments to the FAA’s drone registry task force. The 26-member group will wrap up three days of deliberations in Washington, D.C., today...
November 5, 2015
Era Group has more helicopters than it can use to support offshore oil and gas production and exploration and is looking to trim new aircraft orders as it pares its existing fleet. The Houston-based operator said its third-quarter net income plunged 79% to $900,000 this year from $4.3 million in the same period for 2014. Year over year, operating revenues for the quarter dropped 23% to $69.7...
November 4, 2015
A strong U.S. dollar and British pound boosted AgustaWestland’s financial performance through nine months of this year, contributing to a 5.8% increase in revenue compared to the same period in 2014...
November 4, 2015
Lockheed Martin anticipates closing its acquisition of Sikorsky Aircraft on Nov. 6, the company said after reporting receipt of “the final regulatory approval” of the...
November 3, 2015
The U.S. Transportation Department's drone registration task force gathered today in Washington, D.C., to start work on recommending requirements for marking and tracing ownership of unmanned aircraft systems (UAS). A key question for the 26 task force members was framed by FAA Administrator Michael Huerta: What products should we exclude...
November 2, 2015
Various photographs and at least one video of the AW609 crash site offer some key data points on the fatal Oct. 30 accident in northwestern Italy. The imagery appears to show, in a crop field, two collections of wreckage that are near each other but distinctly separate. One set of wreckage is shown near a small embankment on one edge of the field; the other set is shown farther into the field. The...
November 2, 2015
Airbus Helicopters sees in the next two decades the global helicopter market sustaining the slow and steady growth that has fueled its expansion since 1994. A new forecast by the manufacturer projects a 1.6% compound...
November 2, 2015
“There’s something very wrong with recreational drones,” a top columnist for The New York Times wrote, indicating criticism of unregulated use of the devices is moving beyond the aviation and technical communities. Gail Collins is a 20-year veteran of the Times and currently opines for the paper on American politics and culture. On Oct. 31, that included a column entitled...
October 30, 2015
Scores of police aviation crewmembers will get firsthand experience with simulated flight training for light helicopters when they visit Metro Aviation next week. Metro's Helicopter Flight Training Center in Shreveport, Louisiana, will host the Airborne Law Enforcement...
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