Rotor & Wing Magazine :: Commercial :: Offshore

Displaying 1 - 20 of 1294 stories.
May 25, 2016
Fiery crashes in which helicopter occupants survive but die of burn injuries are sustaining public and political pressure on the FAA to review certification rules. Several members of the U.S. House of Representatives from Tennessee are the latest lawmakers to focus on the aviation agency’s responses to longstanding recommendations to adopt more stringent...
May 24, 2016
HeliOffshore selected Jive software to connect helicopter operators, global manufacturers, aviation regulators, academics and other stakeholders in the rotorcraft industry. That system is called HeliOffshore Space and brings together about 400 industry decision...
May 18, 2016
International aviation leaders are seeking nominations for one of the world's most prestigious safety awards, but the deadline is nigh. Nominations for the 2016 Laura Taber Barbour Air Safety Award must be submitted by June 1.   The award honors a "significant individual or group effort contributing to improving aviation safety, with emphasis on original contributions" that was...
May 18, 2016
Statoil said it will investigate the April 29 Norwegian offshore helicopter accident in an effort to improve Statoil's helicopter safety efforts in the region. The Accident Investigation Board Norway's investigation of that crash is...
May 17, 2016
Valmie Resources Inc. and its joint venture partner, AeroLift eXpress, is discussing daily, unmanned offshore transport capabilities with a major Latin American energy company. Since AeroLift's debut at the Offshore Technology Conference in Houston, Texas, several companies have...
May 16, 2016
At HeliOffshore's second annual conference, members said they will undergo a review of the offshore fleet and determine any improvements toward an increased safety of operations worldwide. The review will be...
May 13, 2016
Used-helicopter asking prices plunged more than 25% for turbine-powered helicopters and sales of those and piston helicopters sank nearly 20% in this year's first quarter, compared to the same period in 2015, according to JETNET LLC.   Prices for used piston-powered helicopters in the period increased 14.4%, it noted.   Rotorcraft weren't alone in suffering such ill effects. Asking prices slipped...
May 11, 2016
A U.S. bankruptcy court has approved CHC's request to reject immediately leases on 16 Airbus Helicopters, 12 Leonardo-Finmeccanica and 10 Sikorsky aircraft as part the company's planned reorganization under Chapter 11 protection from creditors, according to the company.   CHC said the court in Dallas approved "first day" motions filed May 5 with its petition for reorganization under Chapter...
May 11, 2016
Waypoint Leasing Ltd. has closed a revolving credit facility led by the Specialty Finance Lending unit of KeyBank, N.A. The facility provides...
May 11, 2016
Bell Helicopter said it plans to demonstrate the Bell 412EPI on a five-month tour in the Asia Pacific region. Bell last...
May 5, 2016
CHC Group has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas to facilitate the...
May 3, 2016
A senior Norwegian accident investigation official said the April 29 crash of an EC225LP that killed 13 people was due to technical failure and not human error, according to two press reports.   Norway's Accident Investigation Board held a press conference at 3 p.m. local time at the Haakonsvern naval base in Bergen to provide an update on its probe of the Airbus Helicopters/CHC Helikopter Service...
May 2, 2016
International investigators are seeking clues to why an EC225LP's main rotor detached in flight during a return flight from an offshore rig in Norway April 29.   The Airbus Helicopters medium twin crashed on the island of Turoey, west of its destination of Bergen, killing the two pilots and 11 passengers on board. Operated by CHC Helikopter Service for the Stavanger, Norway-headquartered global oil...
May 2, 2016
Finmeccanica's shareholders have approved the company's name change to Leonardo in a meeting last week. The official full name, Leonardo...
April 29, 2016
A Eurocopter EC225 carrying 13 passengers crashed Friday while flying from the Gullfaks oil field to Bergen...
April 28, 2016
Lockheed Martin’s leadership is still grappling with how to explain the near-term impact of Sikorsky’s acquisition on its own operations and finances. “I am still getting my head around describing Sikorsky and what the expectation should be” for the unit’s impact, L-M EVP and CFO Bruce Tanner said in response to a financial analyst’s question this week after the...
April 19, 2016
Waypoint Leasing Ltd. said it has closed on a $100 million term loan facility led by Lombard North Central Plc. The facility has a maturity of about six yr. Waypoint will...
April 18, 2016
CHC Group said it has decided to not make a $46 million interest payment due today on its 9.25% senior secured notes maturing Oct. 15, 2020, according to a company press release. Under the terms, the company has a 30-day grace period after the due date to make a payment and prevent default for...
April 11, 2016
SeaPlanner will be the system provider for DONG Energy's Marine and Helicopter Coordination Centre (MHCC), which will be a centralized hub for its U.K. offshore wind farm construction and a number of regional Operations MHCCs. SeaPlanner will...
April 4, 2016
Bristow Helicopters Ltd. has commenced flights for Petrofac in the Central North Sea. The three-year contract, which...
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