Rotor & Wing Magazine :: Services :: Finance & Insurance

Displaying 1 - 20 of 118 stories.
July 16, 2014
Government Capital Corp. (GCC), located in Southlake, Texas, is partnering with Airbus Helicopters to offer tax-exempt financing to law enforcement and government agencies wishing to upgrade their AS350 aircraft with new mission equipment technology. Such financing can also cover major maintenance, 12-year inspections, and the installation of upgrades for that line through Precision Aviation Group (PAG) of...
July 15, 2014
Waypoint Leasing has marked its first full year of operations and provided a business update to the market. The company’s fleet ranges from light single engine to heavy twin engine helicopters, and now includes more than 40 aircraft on lease delivered from AgustaWestland, Airbus Helicopters, Bell Helicopter and Sikorsky Aircraft Corporation, with...
July 14, 2014
Vector Financial Services, the leasing division of Vector Aerospace Corporation has signed new leasing and hourly support agreements for Vector-owned AS332L...
June 27, 2014
Lease Corporation International (LCI) has finalized a leasing agreement with South Africa’s Indwe Aviation. Under the arrangement, Indwe will use a 15-seat AgustaWestland...
June 18, 2014
Bond Helicopters Australia has extended a leasing and support agreement with helicopter lessor Vector Financial Services for two Airbus Helicopters AS332L Super Pumas as Bond establishes and grows its business in the region. The Super Pumas have been used to launch Bond’s business in Australia, which was established late last...
June 12, 2014
Vector Financial Services, the leasing division of Vector Aerospace Corporation has extended leasing and support agreements for two Vector-owned AS332L helicopters with Bond Helicopters Australia. The Vector leasing program combined with its full support package is...
June 6, 2014
Bell Helicopters has boosted its presence in the Chinese helicopter market following the recent signing of a purchase agreement with Xinjang Tianyun General Aviation Company for a new Bell 407GX. As the company’s first helicopter, it will be used for sightseeing, VIP transport and agriculture support. The latest sale in China follows a number announced by Bell this year, including two 407GXs to...
June 4, 2014
Leading speakers on the opening day of Quad-A 2014, this year named as the Army Aviation Missions Solutions Summit, ground down the message about the impact on sequestration and how the Army had to change during the new format and shorter two-day summit. Speaking during the first session on the opening day, Heidi Shyu, Assistant Secretary of the Army (Acquisition, Logistics and Technology), made the point...
May 28, 2014
Limerick, Ireland-based Waypoint Leasing has closed on a five-year term loan facility with a Goldman Sachs-led group. The helicopter lessor will use the funding to refinance six existing helicopters under Waypoint’s $385 million revolving credit facility, consisting of AgustaWestland AW139 and Sikorsky S-76C++ and S-92 variants. The $72.5-million term loan “allows...
May 22, 2014
The Export-Import Bank of the United States (Ex-Im Bank) has revealed its new goal of $2 billion in financing for U.S.-manufactured business aircraft and helicopters by the end of 2014.
The Bank reached its previous goal of $1 billion in support of these exports in December 2013, 10...
May 13, 2014
Limerick, Ireland-based Waypoint Leasing has closed on a five-year term loan facility with a Goldman Sachs-led group. The helicopter lessor will use the funding to refinance six existing helicopters under Waypoint’s $385 million revolving credit facility, consisting of AgustaWestland AW139 and Sikorsky S-76C++ and S-92 variants. The $72.5-million term loan “allows us to recycle our revolving...
March 10, 2014
Jeff Pino, the ex-Sikorsky Aircraft President who "retired" in 2012, is back in the helicopter business, this time as CEO of newly formed Macquarie Rotorcraft Leasing, part of the U.S.-based Macquarie Group. “Leasing reduces risk and improves operator balance sheets,” stated Pino. Having served at the pinnacle of one of the world major helicopter manufacturers, his experience leads...
March 3, 2014
Avpro has reached as agreement with Bell Helicopter reached an agreement to purchase three new 505 Jet Ranger X...
February 28, 2014
Amur Helicopter Financial Services has entered into an agreement to complete a major fleet transaction with Bristow Group Inc. The transaction involves purchasing the entire Bristow fleet...
February 27, 2014
Waypoint Leasing has reached an agreement with Helicopter Transportation Group, a helicopter lessor based in Oslo, Norway, to acquire certain assets of HTG, including 23 aircraft and...
February 27, 2014
Amur Finance Company has formed a new subsidiary, Amur Helicopter Financial Services (Amur HFS). Amur HFS will address an unfilled need in the marketplace by offering a complete suite...
February 27, 2014
Macquarie Rotorcraft Leasing has announced its first purchase and lease back transaction for Bond Offshore...
February 26, 2014
Milestone Aviation Group has increased its S-92 order book with Sikorsky Aircraft by eight units. Milestone is already one of the world’s largest S-92 owners, and has increased its firm and option S-92 orders to 37 aircraft valued at more than $1.2 billion. The forward orders are scheduled to deliver over the next five years, with 15 scheduled for completed...
February 26, 2014
Two major Waypoint Leasing orders with Airbus Helicopters were announced Tuesday as the global helicopter lessor intends to acquire 37 EC225 and EC145 T2 rotorcraft. These key transactions, Waypoint’s first deliveries in 2014, were detailed at the Heli-Expo in Anaheim, where Airbus Helicopters President Guillaume Faury and Waypoint Leasing CEO Ed...
February 26, 2014
Lease Corporation International (LCI), the Libra Group’s aviation leasing arm, will acquire as many as 21 new Airbus Helicopters rotorcraft in a contract involving both the next-generation EC175 and the newly unveiled EC225e. The total contract value is estimated in commercial terms to be around $645 million, with delivery scheduled to...
Pages:  [1] 2 3 4 5 6 Next »

Live chat by BoldChat