Russian Helicopters, part of State Corporation Rostec, and Jiangsu Baoli Aviation Equipment Co, Ltd (China) agreed on a sale of 3 helicopters at Airshow China-2016. The agreement was signed by Russian Helicopters Deputy CEO for marketing and business Development Alexander Shcherbinin and the CEO of Jiangsu Baoli Aviation Equipment Co., Ltd. Zhou Dehong. According to the agreement, Jiangsu...
Bell Helicopter announced signed Framework Agreement with Shaanxi Aviation Industry Development Co. Ltd. (SAIDC), a subsidiary of Shaanxi Energy Group, and Xi’an Helicopter Company Ltd. (XHC) pursuant to which Bell will work with SAIDC and XHC in their establishment of a company for the assembly and resale of Bell 407GXP helicopters to government and government-related customers in China. Th...
On October 26, 2016, Fitch Ratings upgraded Russian Helicopters JSC's (RH) Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BB' and affirmed the Short-Term IDR at 'B'. The Outlook on the Long-Term IDR is Stable, the rating agency informed. The upgrade reflects Fitch's views that the recent improvement in the company's funds from operations (FFO), whilst e...
Airbus Group has announced the first of what may prove to be thousands of job cuts across its business. The European aerospace company says it will eliminate almost 582 posts at its helicopter arm following a slump in demand from the oil and gas industry and a fatal crash that grounded one of its most popular models. The cuts will come at the main Airbus Helicopters base in Marignane, near M...
Helibras and Airbus Helicopters have opened a new chapter in the history of the H225M multirole utility helicopter with the official presentation of the first aircraft in naval combat configuration. Developed and assembled locally by Helibras, Airbus Helicopters’ subsidiary in Brazil, this new H225M version is designed to meet the demanding requirements of the Brazilian Navy, with mission ca...
The Institut Louis Germain offers extra-curricular tutoring to promising students from disadvantaged areas, who wish to seek educational opportunities beyond what is offered at their regular schools. In collaboration with Airbus Helicopters volunteers, this “summer campus” is giving a step up to future generations of bright minds. “I met young people who were full of life, mot...
Astronics Corporation, through its wholly-owned subsidiary Astronics Max-Viz, announced that New Zealand’s Skywork Helicopters Ltd. is flying the world’s first high resolution Max-Viz 1400 Enhanced Vision System (EVS) on a rotor wing aircraft. The Astronics Max-Viz provides pilots real-time display for increased visibility in adverse weather conditions, such as darkness, precipitation,...
Private aircraft operator and aviation service provider SaxonAir has continued its expansion and diversity following the addition of a further two new generation aircraft to its fleet. The Embraer Phenom 300 light jet is being operated from London Stansted Airport. The aircraft has won the award for ‘the most delivered business jet’ for the past two years and with seating up to nine...
Russian Helicopters company will construct a center to train pilots of Russian Mi-171Sh helicopters for Peru Army by 2017 year-end, the Russian company told TASS on Monday. "Construction of a helicopter simulation center in Lima will start shortly after completion of required formalities by the Peruvian party. Russian Helicopters plan to complete building of the center in the second half o...
The Indian Defence Minister, Mr. Manohar Parrikar inaugurated Helicopter Engines MRO Pvt. Limited (HE-MRO), a Joint Venture of Safran and Hindustan Aeronautics Ltd. (HAL), yesterday in Goa, southwest India. This Joint Venture will support helicopter engines operated by national and international operators from a 1,000 sqm office and a 3,800 sqm shop facility. This new centre will provide mainte...
Helicopters to be assembled by Italian Leonardo-Finmeccanica for Russian oil major Rosneft are particularly intended for exploration of Arctic gas and oil fields, Chief Executive Officer of the Italian industrial group Mauro Moretti said at the Eurasian Forum on Friday. "I refer to high technology helicopters capable of making long-range flights at low temperatures (minus 50 degrees Centig...
Lockheed Martin announced the CH-53K King Stallion successfully completed initial operational testing by the U.S. Marine Corps to verify the key capabilities of the heavy lift helicopter. The week-long operational assessment by Marine Corps pilots, aircrew and maintainers marked an important step in support of a Low Rate Initial Production (LRIP) Milestone C decision early next year. "This...
