Wednesday, May 22, 2013
Avinco Assists CHC With Eurocopter AS365 Transaction
Monaco-based Avinco has helped to supply an AS365 N3 to CHC, the third transaction for the offshore operator following deliveries of an AS332 L2 and EC155 B1 in early 2013.
“What makes us unique is we have ability to move helicopters from one segment to another, and we have the technical expertise to do that,” Avinco CEO Francois Gautier told Rotor & Wing during an interview at Heli-Expo in March. Started as a financing and support company for large fixed-wing aircraft, Avinco has found recent success in the rotorcraft sector, setting up transactions involving more than 220 helicopters over the past decade. The company primarily deals with Eurocopter variants.
Avinco founder and CEO Francois Gautier at Heli-Expo. Photo by Andrew Parker
Gautier remarked that the helicopter leasing business “will grow up to a certain point – I don’t think it will reach what you see on the fixed-wing side – but operators need to manage their balance sheet in a way that they need to lease more and more. They need the ability to get capacity quicker.” Brazil, Southeast Asia, India and Russia are some of the emerging markets that Avinco is seeking to expand in, according to Gautier, who founded Avinco in 2003 and previously worked for Airbus, ATR and Aerospatiale (now EADS).
Related: Airframe News