31-Oct-2024Source: Lilium
Extract from Lilium Form 6-K filing As previously disclosed, on October 28, 2024, Lilium GmbH and Lilium eAircraft GmbH, the principal operating wholly-owned German subsidiaries (the “Subsidiaries”) of Lilium N.V. (the “Company” or “Lilium”), filed for insolvency in the local court of Weilheim in Germany and applied for self-administration proceedings pursuant to Section 270(a) of... Read more
24-Oct-2024Source: HeliHub.com
eVTOL developer Lilium has its shares traded on the Nasdaq marked in the US, and has advised the SEC that it has run out of money and will not meet liabilities due in the next few days. Here are the pertinent extracts from the formal statement to SEC As previously reported, Lilium N.V. (the “Company”... Read more
16-Oct-2024Source: HeliHub.com
German eVTOL developer Lilium have this week upped the ante and taken a bold move to “play politics” in its attempt to survive. Having flagged up on multiple occasions that it needs more cash to ensure continuing operations, this latest move is seen as its last ditch attempt and failure to raise further money will... Read more
2-Oct-2024Source: Joby
Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of... Read more
30-May-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), announced today that it has successfully concluded its previously announced capital raise, resulting in $114 million of new gross proceeds. The net proceeds from this capital raise provide additional capital needed to... Read more
7-May-2024
Bristow Group Inc. (NYSE: VTOL) (“Bristow” or the “Company”) today reported net income attributable to the Company of $6.6 million, or $0.23 per diluted share, for its quarter ended March 31, 2024 (the “Current Quarter”) on operating revenues of $329.4 million compared to net loss attributable to the Company of $7.9 million, or $0.28 per... Read more
7-May-2024Source: Airbus
Airbus has finalised the acquisition of U.S.-based Aerovel and its unmanned aerial system (UAS), Flexrotor, in a move to strengthen its portfolio of tactical unmanned solutions. Flexrotor is a small tactical unmanned aerial system designed for intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions at sea and over land. “We see more and more armed... Read more
26-Apr-2024Source: HeliHub.com
eVTOL developer Volocopter is telling their local German press that they will have to “consider insolvency in the foreseeable future” if their current financial problems are not resolved. The company initially tried to secure a guarantee with the German state of Baden-Württemberg where they are based, but after that was rejected they next turned to... Read more
23-Apr-2024Source: Robinson
Robinson Helicopter Company (RHC), a global leader in civilian rotorcraft, has acquired Ascent AeroSystems, now a wholly-owned subsidiary of the Robinson Helicopter Company. This acquisition reinforces Robinson’s dedication to scaling innovation, accelerating new rotorcraft developments, and supporting diverse missions worldwide. By leveraging the expertise and resources of both companies, Robinson reinforces its leadership in the... Read more
6-Mar-2024
Bristow Group Inc. (NYSE: VTOL) reported net loss attributable to the Company of $7.9 million, or $0.28 per diluted share, for its quarter ended December 31, 2023 (the “Current Quarter”) on operating revenues of $329.6 million compared to net income attributable to the Company of $4.3 million, or $0.15 per diluted share, for the quarter... Read more
28-Feb-2024Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release its fourth quarter and full year 2023 financial results after market close on Tuesday, March 5, 2024. In connection with the release, Bristow has scheduled a conference call for Wednesday, March 6, 2024, to begin at 9 a.m. ET (8... Read more
8-Nov-2023Source: EHang
EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading urban air mobility (“UAM”) technology platform company, announced that the report published today by short seller Hindenburg Research contains untrue statements and misinterpretation of information regarding the Company’s business operations and financial conditions. The report highlights the short seller’s cursory and incomplete understanding... Read more
7-Nov-2023Source: Eve Holding
Eve Holding, Inc. (“Eve”) (NYSE: EVEX and EVEXW) reports its third quarter 2023 earnings results. Financial highlights Eve is a pre-operational company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, air traffic management systems and services and support solutions. Eve... Read more
7-Nov-2023Source: Rosen Law
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of EHang Holdings Limited (NASDAQ: EH) resulting from allegations that EHang may have issued materially misleading business information to the investing public. SO WHAT: If you purchased EHang securities you may be entitled to compensation without... Read more
24-Oct-2023
Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced today that it has entered into a Restructuring Support Agreement (“RSA”) with (i) majorities of its first lien lenders and bondholders and (ii) its equity sponsor under which such key stakeholders have agreed to support an expedited... Read more
20-Oct-2023Source: HeliHub.com
Bloomberg is currently reporting that Air Methods are facing financial challenges to the level of giving serious review of filing for Chapter 11 bankruptcy protection. Quoting unnamed sources, they say that the process could be started as early as the end of October, and is partly driven by a missed loan interest payment earlier this... Read more
18-Sep-2023Source: HeliHub.com
Specialist Aviation Services have appointed Nick Pike (pictured) as a director of both Specialist Aviation Services Ltd (“SAS”) and Specialist Aviation Services Group Ltd (“SAS Group”), effective 6th September – according to public filings for SAS and SAS Group with Companies House, the executive agency of the British Government that maintains the register of companies. In... Read more
30-Jan-2023Source: Dufour Aerospace
Dufour Aerospace AG announced that it successfully completed a Series B investment from Vista Global Holding Limited (Vista), the world’s leading global private aviation group, further supporting the continued development of sustainable aviation technologies. In addition to Vista, the existing investors and two new investors participated in the funding round. Vista’s investment and deep industry... Read more
20-Jul-2022
Aside from their offshore operations, Babcock are also selling their onshore interests. Employees were told yesterday that Ancala Partners, a mid-market infrastructure investor was buying Babcock operations in Italy, Spain, Portugal, Norway, Sweden and Finland. The deal is priced at €136.2 million Excluded are operations in UK, France, Canada and Australia, where Babcock also operates defence... Read more
11-May-2022
Blade Air Mobility, Inc. (Nasdaq:BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, has announced financial results for the first quarter ended March 31, 2022. “It’s very rewarding to see such strong growth, both sequentially and year-over-year, in what has seasonally been the lightest quarter for Blade,” said Rob Wiesenthal, Blade’s Chief Executive Officer.... Read more
1-Feb-2022Source: HeliHub.com
Under two weeks ago, the Michigan based manufacturer Enstrom Helicopter Corporation closed its doors and went into Chapter 7 bankruptcy proceedings. There is no scope for a financial rearrangement (ie the US “Chapter 11” rules) and the company will be liquidated, and its assets sold off. Why did the company fail? What is now becoming... Read more
20-Jan-2022
Michigan based manufacturer Enstrom is to close Friday 21st January after 62 years. The company is filing for Chapter 7 bankruptcy, which means the company is being liquidated and there is no potential for reorganisation. Enstrom celebrated its 60th birthday on 22nd December 2019, and a detailed report on how mining engineer Rudy Enstrom founded... Read more
2-Sep-2021
Stock exchange returns by parent company Babcock International Group plc reveal that the company realised just £10 Million (US$13.79 at today’s rate) from the disposal of its offshore helicopter operations to CHC. The release below refers to “about 30 aircraft” – and our sister organisation Parapex Media says it is exactly 30, made up as... Read more
1-Sep-2021Source: CHC
HeliHub.com editor note. Ahead of reading this press release, please bear in mind that the UK Competition and Markets Authority still has an open investigation into this transaction – and hence one paragraph has been emboldened by us. The CMA has confirmed to HeliHub.com that their Initial Enforcement Order prevents the two organisations being integrated ... Read more
29-Jul-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, today announced it will release financial results for its first quarter fiscal year 2022 after market close on Wednesday, August 4, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, August 5, 2021 to begin at 10 a.m.... Read more
14-Apr-2021
In a detailed press release under the brief title of “Business Update”, Babcock International Group not only reaffirmed the sale of their offshore business, but also indicated that all aerial emergency services businesses are under review. The company admitted that the Avincis acquisition in 2014 has not delivered shareholder value with low returns on high... Read more
8-Apr-2021Source: Me Confidential
Abu Dhabi Aviation Co. (ADA) has expressed intent to fully acquire Falcon Aviation Services (FAS), an aviation service company based in the Emirati capital, Zawya reports. See Full Story. ... Read more
11-Mar-2021Source: Babcock
Babcock, the aerospace and defence company, has entered into a conditional agreement for the sale of its Oil and Gas aviation business to CHC Group, LLC (CHC). The Oil and Gas business, which is part of the Group’s Aviation sector, provides offshore oil and gas crew transportation services in the UK, Denmark and Australia. It... Read more
18-Feb-2021Source: Wolfpack Research
US-based research and publishing firm Wolfpack Research has published a paper of their research into the Chinese passenger-carrying drone manufacturer EHang. The report starts as follows EHang (NASDAQ: EH) is an elaborate stock promotion, built on largely fabricated revenues based on sham sales contracts with a customer who appears to us to be more interested... Read more
16-Dec-2020Source: NY Times
Blade Urban Air Mobility, the New York-based helicopter taxi service, has struck a deal to go public backed by KSL Capital in a deal that values the company at about $825 million. This includes $400 million in proceeds, which includes a $125 million infusion along with the cash in the SPAC (Special Purpose Acquisition Company)... Read more
31-Jul-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), one of the largest helicopter operators in the world, today announced it will release financial results for its first quarter for fiscal year 2021 after the market closes on Thursday, August 6, 2020. In connection with the release, Bristow has scheduled a conference call for Friday, August 7, 2020 to begin at 10 a.m. ET (9... Read more
30-Jul-2020Source: HeliHub.com
In it’s 2020 Q2 report released yesterday, US conglomerate General Electric has written off $729 million of their valuation of the Milestone Aviation helicopter leasing business they acquired in 2015 for $1.775 billion plus the assumption or payoff of the company’s existing debt. GE normally carries out an annual test for goodwill impairment in their... Read more
11-Jun-2020Source: Bristow
Bristow Group Inc. (NYSE:VTOL) and Era Group Inc. (“Era”) announced today that they have completed their combination (the “Merger”), creating a financially stronger company with enhanced size and diversification. The newly combined company will use the Bristow Group name (“Bristow”) and will remain a publicly traded company on the New York Stock Exchange. The newly combined company’s common... Read more
12-Mar-2020Source: Air Glaciers
Bruno Bagnoud, founder of AIR-GLACIERS SA, has chosen the occasion of his 85th birthday to retire from the management of the Company while ensuring the transition with his successor, who will be appointed shortly. He will remain at the disposal of the Company whose next general meeting of April 4, 2020 will be the opportunity to... Read more
14-Feb-2020Source: HeliHub.com
British based Babcock International Group has put out a Trading Update this week which paints a very mixed situation for its Aviation division. From the full statement below we note implementing improvement and restructuring programmes £85 million write down on assets and leases in our oil and gas business Good trading performance in UK and international... Read more
28-Jan-2020Source: Leonardo
Leonardo has signed a contract with Lynwood (Schweiz) AG to acquire 100% of Kopter Group AG (Kopter). This move allows Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector; leveraging innovation, new capabilities and engineering skills which have been developed by the young, agile Swiss Company. Kopter’s SH09, a new single... Read more
24-Jan-2020Source: Bristow Group
Letter posted by Bristow Group as an official filing with the US SEC (Securities and Exchange Commission), written by L. Don Miller, President and Chief Executive Officer.:- Dear Colleagues, Today is an important day in the life of Bristow as we continue to position our global company for long term success. It is with great enthusiasm... Read more
2-Oct-2019Source: Dart Aerospace
DART Aerospace is pleased to announce that it has recently acquired aerial firefighting mission equipment leader Simplex Aerospace. Based in Portland, Oregon, Simplex Aerospace is an aviation industry veteran serving thousands of operators and OEMs worldwide. Its reputation as a world leader in the innovation, manufacturing and certification of aerial application systems has been built... Read more
13-May-2019Source: Bristow Group
Bristow took the unusual step of announcing this on a Saturday:- Bristow Group Inc. (NYSE: BRS) (“Bristow” or the “Company”) today announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court” or “the Court”). Bristow intends to use the proceedings to restructure and... Read more
30-Apr-2019Source: HeliHub.com
India’s largest helicopter operator, Pawan Hans, is in a financial crisis and unable to pay employee salaries for April. The company reportedly sent a circular sent to employees on Thursday saying that the company is facing “an uncomfortable financial position”. It is also the time of year that salary levels are historically reviewed, according to... Read more
12-Apr-2019Source: HeliHub.com
In January 2008, the French Ministry of Defence launched its first private-public partnership (PPP) under a contract signed with Hélidax. This company has been equally owned by Babcock MCS France and DCI (Défense Conseil International). Babcock acquired their half through the purchase of Avincis, a group of companies which included INAER Helicopter France – which... Read more
20-Mar-2019Source: PHI
PHI, Inc. (Nasdaq: PHII (voting); PHIIK (non-voting)) today reported financial results for the year ended December 31, 2018. PHI, Inc (the “Company”) today announced a net loss from continuing operations for the year ended December 31, 2018 of $141.5 million, or $8.95 per share, on revenue of $674.4 million. This compares to a net gain... Read more
15-Mar-2019Source: PHI
PHI, Inc. (The Nasdaq Select Global Market: PHII (voting); PHIIK (non-voting)) (“PHI” or “the Company”) today announced that PHI and its principal U.S. entities filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Texas to address the upcoming maturity of PHI’s unsecured senior notes and strengthen its balance sheet in... Read more
13-Mar-2019Source: Macquarie
Macquarie Group Limited (ASX; MQG; ADR: MQBKY) announced today that Macquarie Rotorcraft Leasing has completed the acquisition of a helicopter portfolio from Waypoint Leasing Holdings Ltd. (“Waypoint”) and its subsidiaries. The portfolio acquired from Waypoint comprises 120 medium and heavy helicopters leased to approximately 30 operators as well as a number of firm and option... Read more
11-Mar-2019Source: Dart
Greenbriar Equity Group, L.P. (“Greenbriar”) and First Aviation Services Inc. (“FAvS”) today announced the acquisition of DART Aerospace (“DART” or “the Company”), a leading provider of mission equipment and aftermarket components for the helicopter and fixed-wing industries. DART has operated as a subsidiary of Eagle Copters Ltd. (“Eagle Copters”) and Era Group Inc. (“Era”) for... Read more
6-Mar-2019Source: Era Group
Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, today announced it will release financial results for its fiscal year and fourth quarter 2018 after the market closes on Thursday, March 7, 2019. In connection with the release, Era has scheduled a conference call for Friday, March 8, 2019, to... Read more
20-Feb-2019Source: Timothy Stabosz via Globe Newswire
One of PHI, Inc.’s [Nasdaq: PHIIK, PHII] largest shareholders, Timothy Stabosz, who owns roughly 11% of the company’s non-voting (PHIIK) shares, today released an “open letter to management,” calling on the company to address, and refute, a story published by Debtwire on February 11th. Such letter is provided below in its entirety. Separately, Stabosz announces... Read more
11-Feb-2019Source: Bristow
Bristow Group Inc. (NYSE: BRS) and Columbia Helicopters, Inc. today announced that Bristow and Columbia have mutually agreed to terminate Bristow’s agreement to acquire Columbia. In connection with the termination, Bristow has paid $20 million to Columbia. Bristow, Columbia and Columbia’s shareholders have agreed to release each other from all claims in connection with the purchase agreement and the... Read more
7-Feb-2019Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today that it will now release financial results for its fiscal year 2019 third quarter after the market closes on Monday, February 11, 2019. Bristow has also rescheduled its conference call, which will now be broadcast live over the internet on... Read more
18-Dec-2018Source: StandardAero
Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire StandardAero, a global provider of aftermarket engine maintenance, repair and overhaul (MRO) services for the aerospace and defense industries, from Veritas Capital. The transaction is subject to customary regulatory conditions and is expected to close by the end of... Read more
26-Nov-2018Source: Waypoint Leasing
Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, today announced that it and certain of its subsidiaries (collectively “Waypoint” or the “Company”) have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York (the “Court”). Waypoint expects to move... Read more
9-Nov-2018Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, today announced the upcoming retirement of Jonathan E. Baliff, Chief Executive Officer of Bristow Group, in the coming months. Thomas N. Amonett, Vice-Chairman of the Board of Directors of Bristow, has been appointed to serve as the interim President of the Company during the CEO transition... Read more
18-Aug-2017Source: HNZ
Revenue was $56.4 million in the second quarter of 2017, a decrease of $0.9 million compared to $57.3 million a year ago. This variation is mostly explained by a decrease in onshore revenue and ancillary revenue, partially offset by an increase in offshore revenue. The Corporation flew 10,725 hours compared to 11,557 hours in the second quarter of 2016, a decrease... Read more
21-Dec-2016Source: Allan Blake
CHC Group Ltd and 42 affiliated companies petitioned to enter the US Chapter 11 process on 5th May 2016, with outstanding debt obligations of approximately $1.6 billion. The Chapter 11 process has many of the features present in bankruptcy proceedings both in the US and other jurisdictions. However, it also provides additional benefits for debtors... Read more
25-Oct-2016Source: Lockheed Martin
Lockheed Martin (NYSE: LMT) will webcast live its third quarter 2016 earnings results conference call on Tuesday, October 25, at 11 a.m. EDT. Marillyn Hewson, chairman, president and chief executive officer; Bruce Tanner, executive vice president and chief financial officer; and Jerry Kircher, vice president of investor relations, will discuss third quarter 2016 financial results,... Read more
25-Oct-2016Source: McNally Capital
McNally Capital announced today an investment in Genesys Aerosystems, a leading provider of integrated avionics systems for military and civil aircraft manufacturers and operators. Genesys Aerosystems offers a diverse and growing product line which includes 3D Synthetic Vision Electronic Flight Instrument Systems, S-TEC Analog and Digital Autopilots, HeliSAS® Helicopter Autopilot and Stability Augmentation System, as... Read more
19-Oct-2016Source: Bristow Group
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2017 second quarter ended September 30, 2016, after the market closes on Thursday, November 3, 2016. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live... Read more
17-Oct-2016Source: Allan Blake
In Helitech 2016: Shaking Up the Offshore Helicopter Business I commented that: “some lessors are definitely not welcoming the recently announced Milestone (part of GE) relationship with CHC…have no doubt that the position is pretty dire for those lessors focused on heavy aircraft in the offshore oil and gas market and those with CHC exposure... Read more
17-Oct-2016Source: HeliHub.com
Pawan Hans, an Indian Government-owned company is setting new goals for when they open to the public in either late 2017 or early 2018. By 2027 they aim to have a revenue of Rs 1600 crore, from the Rs 500 crore they currently have. They are looking into new and different avenues for growth in... Read more
12-Oct-2016Source: CHC
CHC Group (the “Company” or “CHC”) (OTC Pink Sheets: HELIQ) today announced that it has entered into a plan support agreement (the “PSA”) with respect to the terms of a chapter 11 plan of reorganization (the “Plan”). The PSA contemplates a comprehensive recapitalization of the Company that will provide $300 million in new capital from... Read more
10-Oct-2016Source: HeliHub.com
Moscow plans to sell up to 25% of shares of the Russian Helicopters holding by the end of the year to either an abroad investor or a Russian strategic investor. A pool of Middle Eastern buyers has been mentioned by Industry and Trade Minister Denis Manturov, reports Sputnik. Russian Helicopters is made of five factories,... Read more
9-Sep-2016Source: HeliHub.com
Erickson Air Crane has been reported by WFTV to have laid off 100 workers this quarter in an attempt to settle financial difficulties. The company itself owes Wells Fargo $140 million. The company’s shares have already dropped from $2.19 per share down to $0.48. Erickson’s CEO has made a written statement saying that 10% of... Read more
8-Sep-2016Source: XTI
XTI Aircraft Company (XTI) today launched the next phase of its funding strategy to bring the TriFan 600 to market. In addition to its ongoing equity crowdfunding campaign, XTI entered into an engagement agreement with the New York investment bank Primary Capital LLC, for XTI’s $20 million Series B round. The security being offered to... Read more
5-Sep-2016Source: Bristow
Bristow Group Inc. (NYSE: BRS) announced today that the Company will be presenting at the Barclays CEO Energy – Power Conference to be held in New York City, September 6 – 8, 2016. Jonathan E. Baliff , President and Chief Executive Officer, and Don Miller , Senior Vice President and Chief Financial Officer, are scheduled to present on Wednesday, September 7, 2016 at 8:25 a.m. ET (7:25 a.m. CT). A live... Read more
23-Aug-2016Source: Caverton
Caverton Offshore Support Group Plc (Bloomberg: Caverton NL) the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria expects to report materially lower earnings for the period ending 30th June 2016 largely due to the unavoidable impact of the recent Naira devaluation which took place within the second quarter of... Read more
5-Aug-2016Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, announced today that it will release its earnings results for the second quarter ended June 30, 2016 on Monday, August 15, 2016. Jeff Roberts, the Company’s President and Chief Executive Officer, and David Lancelot, the Company’s Chief Financial Officer, will host a conference call at... Read more
4-Aug-2016Source: Air Methods
Air Methods Corp. (NASDAQ:AIRM) will be posting its quarterly earnings results after the market closes on Thursday, August 4th. Analysts expect Air Methods Corp. to post earnings of $0.77 per share for the quarter. Air Methods Corp. (NASDAQ:AIRM) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.50 EPS for the... Read more
29-Jul-2016Source: Era
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its second quarter 2016 after the market closes on Tuesday, August 2, 2016. In connection with the release, Era has scheduled a conference call for Wednesday, August 3, 2016, to begin... Read more
28-Jul-2016Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) today announced preliminary financial and operating results for its second quarter ended June 30, 2016. Results are subject to final quarter-end closing and review procedures and are subject to change. The Company anticipates revenues for the second quarter of 2016 will increase by 11.0% to approximately $293 million compared to revenues... Read more
19-Jul-2016Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2017 first quarter ended June 30, 2016, after the market closes on Thursday, August 4, 2016. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live... Read more
7-Jul-2016Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2016 results after the stock market closes on Thursday, July 28, 2016, and host a live webcast and conference call at 8:30am ET on Friday, July 29, 2016. The call will be accessible by telephone within the U.S. at (866) 291-5954 and from... Read more
6-Jul-2016Source: Cobham
Cobham plc is pleased to announce the appointment of David Mellors as Chief Financial Officer (CFO). His starting date is to be confirmed but not expected to be later than 1 January 2017. David is currently CFO of QinetiQ Group plc, the FTSE 250 science and engineering company that operates primarily in the defence, security... Read more
29-Jun-2016Source: FLIR Systems
FLIR Systems, Inc. (NASDAQ: FLIR) announced that it has acquired Armasight, Inc., a leading developer of precision sporting, hunting, and military optics products, for approximately $41 million in cash. Armasight, based in San Francisco, is a global leader in night vision, thermal, and daylight imaging products for hunters, outdoor enthusiasts, law enforcement, and military customers.... Read more
29-Jun-2016Source: SEC
On June 27, 2016, the Board of Directors (the “Board”) of Bristow Group Inc. (the “Company”) determined that it was in the best interests of the Company and its shareholders to increase the size of the Board from twelve to thirteen directors and has appointed Mr. A. William Higgins to fill the vacant Board position,... Read more
17-Jun-2016Source: REACH
REACH Air Medical Services LLC (“REACH”) and CALIFORNIA SHOCK TRAUMA AIR RESCUE (“CALSTAR”), two of the preeminent air medical ambulance providers in Northern and Central California for three decades, are entering into an agreement that will place CALSTAR within the same corporate holding company as REACH (“REACH Medical Holdings LLC”). In a joint announcement, REACH... Read more
