Rotor & Wing Magazine :: Commercial :: Offshore

Displaying 21 - 40 of 1182 stories.
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...
July 8, 2015
A Scottish judge’s order releasing an accident recorder to criminal investigators threatens “the open safety culture it has taken decades to create” in aviation, the British Airline Pilots' Association said, declaring it will appeal the June 19 ruling. BALPA said the threat lies in the prospect that safety data might be “used...
July 7, 2015
Aspen Avionics is expanding its reach into the original equipment manufacturer (OEM) market and growing its product line through the acquisition of Accord Technology. “This is going to expand our footprint in NextGen and expand the GPS capabilities of our own product lines,” Aspen President/CEO John Uczekaj told Rotor & Wing International. “It also brings us much...
July 3, 2015
New data on average body size and shape could become a key factor in the design of new safety equipment for offshore oil and gas workers, if we are reading Oil & Gas UK’s 2015 Health and Safety Report right. The July 1 report by that offshore trade association notes that the size and shape of offshore workers came into focus with the U.K. Civil Aviation Authority’s February 2014 on offshore...
July 2, 2015
Bell 525 Relentless makes first flight July 1 in Amarillo, Texas. Photo courtesy of Bell Helicopter Supply chain challenges and FAA inspection requirements slowed the maiden flight of Bell Helicopter's 525 Relentless, the manufacturer says. The super-medium twin 525 flew for the first time July 1 at Bell’s Amarillo, Texas facility. Senior Flight...
July 1, 2015
CHC Helicopter is “certainly not expecting an immediate rebound” in the market for offshore oil and gas helicopter support, CFO Joan Hooper told financial analysts in a June 30 briefing on the company’s fourth-quarter and full-fiscal-year performance. “We are planning as if the...
June 30, 2015
Brisbane and North Queensland regional centers are getting their first glimpse of the latest example of the Airbus Helicopters H145, which arrived in Brisbane over the weekend after completing the Sydney component of its month-long Australia visit as part of a global...
June 25, 2015
Era Group has opened a new 35-acre super base in Houma, La., composed of a passenger terminal and climate-controlled hangar, which will house more than 30 aircraft and facilitate approximately 15,000 passengers per month traveling to and from offshore oil and gas...
June 16, 2015
One target market for the new, heavy X6 is helicopter airlines, Airbus Helicopters President and CEO Guillaume Faury told reporters at the Paris Air Show today. “The X6 is the next future helicopter for the commercial market, targeting oil and gas, commercial air transportation and search and rescue,” Faury said in unveiling plans for a two-year effort...
June 15, 2015
Look for Airbus Helicopters to announce plans for a new heavy helicopter, according to reports at the Paris Air Show. The Reuters news service says the manufacturer...
June 15, 2015
Turbomeca plans by year’s end to begin integrating advanced components for a technology demonstrator intended to support development of a new family of 3,000-shaft-horsepower-class...
June 12, 2015
Erickson Inc. has secured two contracts important to its goal of building a stronger presence in Alaska. For the first contract, Repsol, already an Erickson customer in the South American region, will use Erickson's medium-lift helicopters to provide oil and gas transport—as well as...
Pages: « Previous  1 [2] 3 4 5 6 7 8 9 10 11 Next »

Live chat by BoldChat