Bristow Helicopters

Orion Group Holdings, Inc. Names Chip Earle as General Counsel

Retrieved on: 
Tuesday, November 28, 2023
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HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, announced today the appointment of Edward Chipman (“Chip”) Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary, effective November 27th.

Key Points: 
  • HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, announced today the appointment of Edward Chipman (“Chip”) Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary, effective November 27th.
  • Mr. Earle will succeed Executive Vice President Peter R. Buchler, who is retiring from Orion after 15 years of service.
  • Mr. Earle joins Orion from Newpark Resources, Inc. (NYSE: NR), a service provider to the industrial and energy sectors, where he was Vice President - General Counsel, Chief Administrative Officer, Chief Compliance Officer, and Corporate Secretary.
  • Prior to Newpark, Mr. Earle held executive leadership roles at Transocean (NYSE: RIG) and Bristow Group (NYSE: VTOL).

Bristow Secures Early Delivery Positions with Deposit for Five Electra eSTOL Aircraft

Retrieved on: 
Wednesday, November 29, 2023
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Bristow signed a Memorandum of Understanding (MOU) with Electra in 2021 to be the principal launch operational customer for the eSTOL aircraft, with a pre-order of up to 50 aircraft.

Key Points: 
  • Bristow signed a Memorandum of Understanding (MOU) with Electra in 2021 to be the principal launch operational customer for the eSTOL aircraft, with a pre-order of up to 50 aircraft.
  • "With this early delivery position, Bristow looks forward to being among the first Advanced Air Mobility (AAM) companies to add the Electra eSTOL aircraft to our fleet and offer our customers the advantages of this new class of aircraft," said Bristow Executive Vice President, Chief Transformation Officer Dave Stepanek.
  • "This cash deposit is a real show of confidence in our eSTOL aircraft and a validation of our development roadmap.
  • Bristow is a true AAM leader, and we look forward with anticipation to the future delivery of our aircraft to Bristow's fleet."

Volocopter Soars Under the Blue Skies of Tampa

Retrieved on: 
Thursday, November 2, 2023
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BRUCHSAL, Germany, Nov. 2, 2023 /PRNewswire/ -- Tampa International Airport (TPA), ranked the #1 Large Airport in J.D.

Key Points: 
  • BRUCHSAL, Germany, Nov. 2, 2023 /PRNewswire/ -- Tampa International Airport (TPA), ranked the #1 Large Airport in J.D.
  • Power's North America Airport Satisfaction Study, and Volocopter, the pioneer of urban air mobility (UAM), have successfully kicked-off a multilayered flight test campaign with a crewed Volocopter 2X.
  • Since 2018, Volocopter has flown in Las Vegas, Oshkosh, Dallas-Fort Worth area, and Tampa.
  • Volocopter expects to receive a final certification of its commercial eVTOL aircraft, the VoloCity, from the European Union Aviation Safety Agency (EASA) in 2024.

Aviation, Aerospace and Advanced Air Mobility Investment Banker David Fowkes Joins FTI Capital Advisors

Retrieved on: 
Tuesday, October 24, 2023
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Mr. Fowkes, who is based in Houston, joins FTI Capital Advisors with more than 25 years of experience in the aviation, aerospace and advanced air mobility (“AAM”) industries, having helped clients execute assignments in 30 countries across six continents.

Key Points: 
  • Mr. Fowkes, who is based in Houston, joins FTI Capital Advisors with more than 25 years of experience in the aviation, aerospace and advanced air mobility (“AAM”) industries, having helped clients execute assignments in 30 countries across six continents.
  • In his role at FTI Capital Advisors, Mr. Fowkes will focus on investment banking assignments for clients across the aviation, aerospace and AAM spectrum, providing capital raising, M&A and restructuring services for clients including airlines, maintenance organizations, private aviation businesses, leasing companies, training organizations, helicopter operators and aviation and aerospace-related private equity investors.
  • “There is a lot of uncertainty right now in the aviation and aerospace industries,” said Glenn Tobias , a Senior Managing Director and Global Co-Leader of FTI Capital Advisors.
  • David’s experience in this space will be of great value to our clients looking for operational and financial solutions for today’s challenges.”
    Prior to joining FTI Capital Advisors, Mr. Fowkes was a Managing Director and Co-Head of Aviation, Aerospace and Advanced Air Mobility Banking at Raymond James.

World Search and Rescue Helicopter Market Size, Share & Trends Analysis Report 2022-2030: Rising Evacuation Missions, Surveillance Tasks, Rescue Operations Augmenting Demand - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 11, 2023
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A rise in search & rescue operations around the world and increasing deliveries of helicopters are driving the growth of the industry.

Key Points: 
  • A rise in search & rescue operations around the world and increasing deliveries of helicopters are driving the growth of the industry.
  • For instance, in March 2022, China's Ministry of Transport signed a contract with Leonardo S.p.A for six AW189 search & rescue helicopters.
  • The rising evacuation missions, surveillance tasks, rescue operations, and other operations, conducted by commercial & civil entities and militaries have augmented the demand for search & rescue helicopters.
  • Commercial entities, such as oil refineries, create product demand as they operate their own search & rescue helicopter fleets.

Gogo Appoints Crystal Gordon as Executive Vice President, General Counsel and Secretary

Retrieved on: 
Wednesday, November 2, 2022
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BROOMFIELD, Colo., Nov. 2, 2022 /PRNewswire/ --Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced the appointment of Crystal Gordon as Executive Vice President, General Counsel and Secretary, effective Nov. 3.

Key Points: 
  • BROOMFIELD, Colo., Nov. 2, 2022 /PRNewswire/ --Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced the appointment of Crystal Gordon as Executive Vice President, General Counsel and Secretary, effective Nov. 3.
  • She joins Gogo today and will succeed current Executive Vice President and General Counsel Margee Elias who is retiring.
  • Gordon joins Gogo from Bristow Group Inc., the leading global provider of innovative and sustainable vertical flight solutions.
  • At Bristow Group, she served as Senior Vice President, General Counsel and Head of Government Affairs and Corporate Secretary since 2020.

Overair Welcomes Airbus Executive Dr. Valerie Manning as Chief Commercial Officer

Retrieved on: 
Thursday, August 25, 2022
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SANTA ANA, Calif., Aug. 25, 2022 /PRNewswire/ -- Today, electric vertical takeoff and landing vehicle (eVTOL) company, Overair, announced that Dr. Valerie Manning will join the Overair leadership team as its Chief Commercial Officer, transitioning from her current role as Senior Vice President of Training & Flight Operation Services at Airbus. Dr. Manning's diverse, global experience in aerospace and commercial aviation will help guide the organization's commercial and operational launch as it prepares to fly its all-electric prototype in the second half of 2023.

Key Points: 
  • SANTA ANA, Calif., Aug. 25, 2022 /PRNewswire/ -- Today, electric vertical takeoff and landing vehicle (eVTOL) company, Overair , announced that Dr. Valerie Manning will join the Overair leadership team as its Chief Commercial Officer, transitioning from her current role as Senior Vice President of Training & Flight Operation Services at Airbus.
  • Dr. Manning will lead Overair's commercial strategy, business development, marketing, sales, support, and in-service operations infrastructure as the company finalizes its full-scale prototype vehicle and prepares for commercial launch.
  • Prior to joining Overair, Dr. Manning served as a senior executive at Airbus, based in Toulouse, France, where she has led worldwide training and flight operations services, customer support and aircraft modification services.
  • A retired United States Air Force Officer, Dr. Manning holds a doctoral degree in aeronautics and astronautics from Stanford University.

Elite Restructuring Team Joins Dechert LLP

Retrieved on: 
Tuesday, August 2, 2022
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NEW YORK, Aug. 2, 2022 /PRNewswire/ --Dechert LLP announced today the lateral acquisition of a top-tier restructuring team, consisting of partners Doug Mannal and Stephen Zide.

Key Points: 
  • NEW YORK, Aug. 2, 2022 /PRNewswire/ --Dechert LLP announced today the lateral acquisition of a top-tier restructuring team, consisting of partners Doug Mannal and Stephen Zide.
  • Mr. Zide commented, "This is an exciting time to be joining Dechert's leading financial restructuring group, and I look forward to working with the innovative and collaborative cross-practice, cross-border team to help clients solve their most complex restructuring issues."
  • Dechert's financial restructuring practice is known globally for handling high-profile cross-border restructuring and insolvency matters, innovative deal structuring and achieving court victories across jurisdictions.
  • Dechert is recognized by Global Restructuring Review, Chambers and The Legal 500 as having one of the leading restructuring groups in the world.

Overair Selects Toray to Provide Advanced Materials for Butterfly eVTOL Prototype Program

Retrieved on: 
Thursday, July 7, 2022
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TACOMA, Wash., July 7, 2022 /PRNewswire/ -- Overair, Inc. and Toray Composite Materials America, Inc., the leading manufacturer of advanced carbon fiber and composite prepreg materials, today announced a strategic collaboration on utilization of Toray's advanced prepreg system in Overair's Butterfly prototype program. Unparalleled in safety and efficiency, the Butterfly is a low-noise, zero-emission electric vertical take-off and landing (eVTOL) aircraft that will provide sustainable aerial ridesharing in densely populated cities where traffic is a problem.

Key Points: 
  • TACOMA, Wash., July 7, 2022 /PRNewswire/ -- Overair, Inc. and Toray Composite Materials America, Inc., the leading manufacturer of advanced carbon fiber and composite prepreg materials, today announced a strategic collaboration on utilization of Toray's advanced prepreg system in Overair's Butterfly prototype program.
  • "We're excited to be working closely with Toray's advanced materials as we continue the development of our all-electric Butterfly experimental prototype aircraft," said Ben Tigner, Co-Founder and CEO at Overair.
  • About Toray Composite Materials America, Inc.
    Toray Composite Materials America, Inc. (Toray CMA) is a subsidiary of Toray Industries, Inc. (Toray).
  • Toray Composite Materials America is the manufacturer and supplier of TORAYCAcarbon fiber materials and high quality advanced composite prepreg.

Overair Receives $145 million Investment from Hanwha Group to Develop All-Electric VTOL Aircraft

Retrieved on: 
Tuesday, June 14, 2022
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SANTA ANA, Calif., June 14, 2022 /PRNewswire/ -- Today, electric vertical takeoff and landing vehicle (eVTOL) company, Overair, announced its most recent funding of $145 million from Hanwha Systems and Hanwha Aerospace, global leaders in ultra-precision communications and aircraft technologies. With this new investment, Overair remains on track to fly its all-electric experimental prototype in the second half of 2023.

Key Points: 
  • With this new investment, Overair remains on track to fly its all-electric experimental prototype in the second half of 2023.
  • Hanwha's continued investment in Overair not only fuels the ongoing development of Butterfly but will also allow Overair to lay the groundwork for commercializing their mobility technology.
  • In addition to their investment, Hanwha will also provide electric motors and battery packs for Overair's prototypes, as the two companies expand their R&D co-operation.
  • The aircraft's advanced propulsion system is derived from decades of military VTOL programs led by Abe Karem.