In a webinar on the helicopter market, IBA, an aviation market intelligence and consultancy company, highlighted the growth potential of the helicopter finance and leasing market.Looking at the helicopter market overall, IBA outlined how there are...
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December 13, 2022, 07:05 AM
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LCI announced an order for up to six H175 super-medium helicopters from Airbus, valued at over US$125 million. The order is for two confirmed aircraft with the first H175 set to be delivered to LCI in late 2023. The agreement provides for a further...
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July 27, 2022, 05:00 AM
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CIT, a division of First Citizens Bank, announced its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.The helicopters, used for emergency medical transport services, are on long-term...
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January 13, 2022, 07:19 AM
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LCI, a helicopter leasing, management and investment platform, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have acquired and committed to an additional 12 next generation helicopters within their helicopter leasing joint...
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September 16, 2021, 07:18 AM
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LCI, a helicopter lessor and the aviation division of the Libra Group, announced the promotion of Jaspal Jandu to Chief Executive Officer. Former CEO Michael Platt becomes Vice Chairman, and Praveen Vetrivel is appointed Chief Financial...
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November 03, 2020, 07:12 AM
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LCI, a helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business.The vehicle has launched with the...
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September 24, 2020, 06:59 AM
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Bristow Group Inc. announced it has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 reorganization plan confirmed by the U.S. Bankruptcy Court for the Southern...
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November 01, 2019, 07:25 AM
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LCI, a leading helicopter lessor and the aviation division of the Libra Group, has launched its first ever helicopter co-investment vehicle.The new helicopter ownership vehicle contains five aircraft all on long-term lease – three Leonardo AW139 and...
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October 22, 2019, 06:37 AM
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Lease Corporation International (LCI), a helicopter lessor and the aviation division of the Libra Group, has successfully closed a new asset-backed helicopter facility in excess of $135 million with a syndicate of five banks led by CIT Group Inc. as...
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July 18, 2019, 07:19 AM
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Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of $75 million.The new facility, led by CaixaBank along...
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July 10, 2019, 07:10 AM
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Lease Corporation International, the helicopter lessor and aviation division of the Libra Group, is growing the breadth of industry talent and experience within its organization with the appointment of Mark Stevens and Alejandro Kerschen to its...
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July 02, 2019, 07:09 AM
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Macquarie Group Limited has announced Macquarie Rotorcraft Leasing has completed the acquisition of a helicopter portfolio from Waypoint Leasing Holdings Ltd. and its subsidiaries.The portfolio acquired from Waypoint comprises 120 medium and heavy...
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March 22, 2019, 07:19 AM
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Sikorsky, a Lockheed Martin company, welcomed Everett Aviation as its newest S-92A helicopter customer at a ceremony at the 2019 Helicopter Association International Heli-Expo in Atlanta. Everett signed a contract with Lobo Leasing Limited for a...
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March 15, 2019, 07:10 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, has expanded its longstanding relationship with Weststar Aviation Services Sdn Bhd (Weststar) with the recent delivery of two additional helicopters on operating leases...
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March 11, 2019, 07:01 AM
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Lobo Leasing, a global commercial helicopter leasing company, announced industry veteran Alistair Henderson, has joined Lobo as Managing Director and Chief Technical Officer. Henderson, who brings a wealth of technical, operations and management...
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January 07, 2019, 07:05 AM
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Mammoth Energy Services, Inc. announced a series of transactions that provide for an expansion of its aviation services business. The deals include the formation of a joint venture between Mammoth and Wexford Capital which purchased Brim Equipment...
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January 02, 2019, 07:20 AM
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Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, announced that it and certain subsidiaries have entered into an agreement to be purchased by Macquarie Group for approximately $650 million. Macquarie...
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December 10, 2018, 07:30 AM
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Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, announced it and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for...
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November 26, 2018, 07:30 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co., each configured for Emergency...
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July 03, 2018, 07:15 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced that it is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175 aircraft with the operator.The helicopter is due to...
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February 28, 2018, 06:50 AM
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Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has closed its inaugural capital markets term loan financing, with a value in excess of US$55 million. The private, senior secured tranches...
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February 13, 2018, 07:00 AM
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Lobo Leasing Limited, a leading world-wide helicopter leasing company based in Dublin, Ireland, announced the completion of a helicopter leasing transaction with global operator CHC Group for one offshore configured AW139 helicopter to be based in...
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December 18, 2017, 07:00 AM
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Stonebriar Commercial Finance announced the closing of $25MM in lease financing for EMS helicopters. Proceeds of the transaction were used to refinance existing leases following a change in company ownership. Steve White, EVP of Stonebriar stated "...
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October 23, 2017, 07:08 AM
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Waypoint Leasing (Ireland) Limited announced that it has entered into a lease agreement with Shanghai Skyway General Aviation Company (“Skyway”), a provider of helicopter transportation and related support services in China, for one new Airbus H135...
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March 08, 2017, 07:00 AM
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Greg Holst, President of the Aircraft Division within the 1st Source Bank Specialty Finance Group, announced the addition of Michael C. Francis as Vice President and Relationship Sales Officer.Francis is a business aviation professional with more...
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February 07, 2017, 07:05 AM
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Milestone Aviation Group Limited ("Milestone"), a GE Capital Aviation Services ("GECAS") company and the global leader in helicopter leasing, announced today a commitment letter with Bristow Group Inc. ("Bristow"), a leading provider of global...
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February 03, 2017, 07:17 AM
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JetLease Capital announced the company placed funding for the following loans in December 2016:New 2016 Cirrus SR22: The transaction was structured as a 20-year term, with a 20-year amortization, 80% LTV (loan to value) at an interest rate of 4.75%....
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February 02, 2017, 07:05 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, has appointed Christopher Grainger to the role of Vice President Marketing for the EMEA region. Mr Grainger joins LCI with 30 years’ experience in the civil helicopter...
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September 01, 2016, 06:59 AM
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After a successful year as the American Society of Appraiser’s (ASA) International Secretary/Treasurer, Sharon Desfor (President of HeliValue$, Inc.), now takes on the position of International Vice President. “We are very excited to have Sharon’s...
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June 24, 2016, 07:00 AM
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Waypoint Leasing Limited, the largest independent global helicopter leasing company, has closed a revolving credit facility led by the Specialty Finance Lending unit of KeyBank, N.A. This facility provides additional revolving capacity to increase...
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May 12, 2016, 07:00 AM
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Siena Lending Group LLC (“Siena”) announced the completion of a $15 million credit facility for Rotorcraft Leasing Company, LLC (“Rotorcraft”) to refinance their existing senior debt and to support their working capital needs. Rotorcraft is an...
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April 28, 2016, 07:00 AM
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Lobo Leasing, a leading global helicopter leasing company, announced the addition of Mark Kelly as Executive Vice President and Managing Director of Lobo Leasing Ltd. to lead its global headquarters in Dublin and report to Lobo CEO, Bill Wolf. Kelly...
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January 12, 2016, 07:08 AM
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Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, announced that it has closed on the private placement of US$200 million of senior secured notes, representing Waypoint’s inaugural capital markets financing....
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September 08, 2015, 08:00 AM
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Lobo Leasing, a leading global helicopter leasing company, announced the launch of a Latin America office in Rio de Janeiro, Brazil, led by newly appointed Business Development professional, Gustavo Semeraro. With the opening of the new base, Lobo...
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August 11, 2015, 07:38 AM
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JetLease Capital announced the company arranged and closed financing for a Hawker 900XP business jet based in the Midwest United States. The transaction was structured as a 7 year term loan, 15 year amortization, floating interest rate of Libor +...
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July 29, 2015, 06:50 AM
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Stonebriar Commercial Finance has provided $30 million in lease financing and commitments to a major provider of medical air transportation. The proceeds are being used to fund new helicopters that support the company's rapidly expanding business....
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July 20, 2015, 07:12 AM
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Bell Helicopter, a Textron Inc. company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve...
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June 16, 2015, 07:02 AM
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Waypoint Leasing (Ireland) Limited ("Waypoint"), announced that it has reached a lease agreement for two helicopters with Titan Helicopter Group (“Titan”), a leading provider of helicopter services with operations spanning South Africa, Namibia...
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June 11, 2015, 05:00 AM
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NewStar Financial and Lobo Leasing, a leading global helicopter leasing company, announced that they have provided a comprehensive fleet financing solution to RLC LLC, the largest privately-held helicopter services company operating in the Gulf of...
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April 29, 2015, 07:03 AM
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Amur Finance Company announced the acquisition of Singapore-based Lloyd Helicopter Pte. Ltd. (Lloyd) through Amur's subsidiaries Amur Helicopter Financial Services (Amur HFS) and Amur ESL PTE Ltd. (Amur ESL). For over 35 years, Lloyd has provided the...
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March 25, 2015, 07:02 AM
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JetLease Capital arranged and closed financing for a Bell 230 helicopter based on the West Coast of Florida. The transaction was structured as a 5 year term loan facility. The client is a high net worth individual/entrepreneur. JetLease Capital...
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March 25, 2015, 06:02 AM
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Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing announced today at Helicopter Association International’s Heli-Expo that the company is expanding its international presence into three new...
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March 03, 2015, 06:53 AM
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GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE...
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October 14, 2014, 06:00 AM
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CIT Group announced that it served as Joint Lead Arranger and Administrative Agent in a $325 million senior secured credit facility to LCI Helicopters (LCIH), the helicopter leasing subsidiary of Lease Corporation International. The facility will be...
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October 02, 2014, 05:00 AM
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Airbus Helicopters Inc. (AHI) announced that Government Capital Corp. will provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters....
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July 14, 2014, 06:07 AM
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Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, announced that it has closed on a five year US$72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters...
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May 14, 2014, 06:00 AM
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Infinity Helicopter Leasing ("IHL") announced the lease of two new AgustaWestland AW109SP aircraft to Airmedic, a Canadian air medical operator headquartered in Brossard, Quebec. The AW109SP aircraft are configured as fully IFR and NVG compatible...
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May 12, 2014, 06:59 AM
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Amur Finance Company, Inc. (AFC) announced that the company has entered into a 50/50 joint venture between AFC and the owners of Jet Midwest, Inc., to form Amur JMW Aviation, LLC (AJMWA). As a culmination of a mutually beneficial relationship, AJMWA...
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March 19, 2014, 06:00 AM
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Amur Finance Company, Inc. (AFC) announced the formation of a new subsidiary, Amur Helicopter Financial Services (Amur HFS). Amur HFS will address an unfilled need in the marketplace by offering a complete suite of integrated Fleet Management...
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February 25, 2014, 07:00 AM
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Bloomberg reports that GE's aircraft leasing division may add helicopters to its portfolio of rental assets amid rising competition in the market for financing commercial jetliners. The Bloomberg report quotes Norman Liu, the unit’s chief executive...
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February 11, 2014, 07:01 AM
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Perella Weinberg Partners Asset Based Value Strategy, a leading alternative asset management strategy and a unit of Perella Weinberg Partners, and Hawke Aerospace Holdings, LLC (“HAH”), announced today that they have launched Infinity Helicopter...
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January 30, 2014, 06:08 AM
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Lease Corporation International ("LCI"), a Libra Group company, and KKR Financial Holdings LLC ("KFN"), a specialty finance company managed by a subsidiary of KKR & Co. L.P., announced that they have entered into a definitive agreement under which...
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January 16, 2014, 06:39 AM
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Element Financial Corporation announced that it has closed its previously announced acquisitions comprised of approximately US$348 million worth of helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc....
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December 20, 2013, 06:15 AM
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Element Financial Corporation (“Element” or the “Company”) announced that it has entered into a strategic alliance with Trinity Industries (“Trinity”) to provide lease financing for up to $2 billion worth of railcars over the next two years. Element...
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December 10, 2013, 07:03 AM
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Milestone Aviation Group, the global leader in helicopter leasing, announced that it has closed a new US$300 million credit facility. The company will use the proceeds to acquire and lease helicopters valued at US$400 million to affiliates of Bristow...
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July 29, 2013, 06:59 AM
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Macquarie Group ("Macquarie") announced the launch of Macquarie Rotorcraft Leasing, a helicopter operating leasing business that will focus on the growing, worldwide demand for commercial helicopters servicing offshore oil and gas, medical transport...
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July 16, 2013, 07:00 AM
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CIT Group Inc. announced that CIT Transportation Lending provided financing to Dublin-based Lease Corporation International (LCI) to acquire three AgustaWestland 139 helicopters. The aircraft are in offshore oil and gas configuration and are on lease...
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July 02, 2013, 06:21 AM
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Salus Capital Partners, LLC announced it has provided a $45.5 million Senior-Secured Credit Facility to Rotorcraft Leasing Company, LLC. Rotorcraft, a portfolio company of Sankaty Advisors, LLC, is the largest privately-owned helicopter operator in...
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May 15, 2013, 06:00 AM
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Key Equipment Finance announced that Patti Ann Sullivan, vice president of corporate aviation finance for Key Equipment Finance, has been named to the board of directors of the Massachusetts Business Aviation Association (MBAA). The MBAA is a not-for...
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May 07, 2013, 07:00 AM
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The General Aviation Manufacturers Association (GAMA) released the 2012 year-end shipments of general aviation airplanes. GAMA also expanded the data to include delivery data for helicopter manufacturers. Most general aviation aircraft flying in the...
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February 14, 2013, 07:10 AM
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AIN Online reported that pre-owned business jet and turboprop inventories continued to subside in February, according to data released today by market information firm JetNet. According to the report, inventory of used business jets fell to 13.9% in...
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April 10, 2012, 07:30 AM
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