Rotor & Wing Magazine :: Commercial :: Offshore

Displaying 121 - 140 of 1293 stories.
August 11, 2015
Global helicopter lessor Waypoint Leasing has closed its second transaction with Líder Taxi Aereo, provider of helicopter services to the Brazilian offshore energy industry. The transaction included the purchase and leaseback of a Sikorsky S-92...
August 10, 2015
Bristow Group will cut more employees and costs to deal with an oil and gas downturn that won’t rebound until at least late 2017, the company’s head said in reporting the most recent quarterly earnings. President/CEO Jonathan Baliff said Bristow is about 70 percent through a plan to cut costs by $75 to 95 million, including a 10 percent workforce reduction. But that plan...
August 10, 2015
Rotor & Wing International is organizing the inaugural Rotorcraft Certification Summit to be held Oct. 27 at the Sheraton DFW Airport in Irving, Texas, near Dallas/Fort Worth International...
August 6, 2015
Era Group is working with AgustaWestland on "technical acceptance" issues for its first four AW189s, which are designated for work under a contract with a Gulf of Mexico offshore support customer. Era Group President, CEO and CFO...
August 4, 2015
CHC Helicopter reportedly plans to cut as many as 50 jobs in Aberdeen, Scotland following a downturn in oil prices. In reporting the cuts, the British Airline Pilots' Association called on the U.K. and Scottish...
July 30, 2015
The FAA expects to propose rule changes this year intended to clear obstacles to certification of helicopter autopilots, flight directors and synthesized power indicators. The Rotorcraft Directorate got FAA Headquarters’ approval in December to issue a notice of proposed rulemaking seeking public comment on proposed changes to Federal...
July 30, 2015
Japan’s order for 150 military versions of Bell Helicopter’s 412EPI could boost commercial sales of that twin-engine helicopter, according to the manufacturer’s CEO. Bell and its Japanese...
July 30, 2015
Airbus Helicopters has delivered the first H135 configured for offshore hoisting duties to Germany-based operator HTM Travel Munich GmbH. The H135 fulfills all requirements for offshore missions, with equipment that...
July 29, 2015
Rotorcraft certification rules and procedures are antiquated and cannot keep pace with technological advances. That is the view of top executives at helicopter operators, rotorcraft manufacturers, avionics and equipment makers and modification shops.   To explain current efforts to fix those shortcomings and ensure its readers’ concerns are addressed in those efforts, Rotor & Wing...
July 28, 2015
The 525 Relentless won’t be delivered to its first operators until 2017, Textron Chairman and CEO Scott Donnelly told financial analysts today in explaining the Bell Helicopter parent’s second-quarter earnings. The 525 first...
July 24, 2015
The Flight Safety Foundation is developing guidelines for oil and gas companies and the helicopter operators they hire to implement its Basic Aviation Risk Standard (BARS) in offshore operations, Rotor & Wing International has learned. The foundation in May introduced an offshore-specific version of BARS, which for five years has been used with success by mining...
July 23, 2015
The leasing firm LCI has completed what it claims is the first helicopter leasing transaction that complies with Islam’s anti-usury precepts. That religion generally prohibits the acceptance of interest or fees for loaning...
July 21, 2015
The decision to sell Sikorsky Aircraft rather than spin it off as a standalone company came down to simple math, United Technologies Corp. President/CEO Gregory Hayes told financial analysts today. Talks about the manufacturer’s disposition had been underway for nearly a year before yesterday’s announcement of its sale to Lockheed Martin for $9 billion. Speculation was that UTC’s tax bill on...
July 20, 2015
Expect Lockheed Martin to spend the next six months or so sorting out what needs to be fixed at Sikorsky Aircraft versus what needs to be sustained there. The $46-billion aerospace and defense company said today it has struck a deal to buy Sikorsky from United Technologies for $9 billion (higher than pundits’ valuation of $8 billion). The companies said the deal should close late this year or in...
July 16, 2015
With a new EASA type certificate in hand, AgustaWestland is preparing to deliver the first of more than 150 AW169s ordered to date. The European Aviation Safety Agency issued the type certificate July 15, less than five years...
July 14, 2015
Sikorsky Innovations is offering a $25,000 cash prize to spur innovation and disruptive technology in vertical flight. Sikorsky Innovations is the technology development division of Sikorsky Aircraft, which describes it as an agile, networked group of...
July 13, 2015
  AgustaWestland marked the centennial of its U.K. unit’s formation July 12 in ceremonies at the Yeovil home of what was originally the Westland Aircraft Works.  Opened in 1915 as a branch of the Yeovil engineering business Petters Ltd., Westland built many famous fixed-wing aircraft before its board decided in 1946 to focus entirely on helicopter production. Initially, it...
July 13, 2015
Australia has cleared Bell Helicopter’s Singapore Service Center to maintain and modify all variants of the Model 412 flying under Australian Civil...
July 9, 2015
A key milestone for CHC Helicopter last year was its safety performance, according to President/CEO Karl Fessenden. The offshore support operator’s five-year, rolling-average accident rate as of May 1 was 0.38 for...
July 9, 2015
Then there were two. In an exclusive report, the Reuters news agency reported July 8 that Lockheed Martin and Textron “have emerged as final contenders” to buy Sikorsky Aircraft. Sikorsky parent United Technologies Corp. confirmed June 15 at the Paris Air Show that it intends to exit the rotorcraft...
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