Potomac Solutions (Stand 2177) and Phoenix Heliparts have entered into a multi-year agreement to provide maintenance and repair organization (MRO) capabilities in the Middle East and North Africa (MENA) region.
The future of Avantair, the operator of Piaggio Avanti fractional ownership, Axis Lease and Edge Card flight access programs, was hanging in the balance at press time as the Clearwater, Fla.-based company urgently sought restructuring options following its June 26 cessation of operations.
In Afghanistan, soldiers still pull the trigger. Civilian contractors do almost everything else. While the U.S. and its allies may be preparing for a troop draw-down there next year, for the contractors flying an assortment of 50 helicopters in country, things have never been busier or better.
Helicopter Association International (HAI) president Matt Zuccaro fired back at the White House following its late February call for an end to the alternate depreciation tax plan for corporate aircraft. The tax plan allows buyers of general aviation aircraft to depreciate their purchases over five years rather than the seven-year depreciation mandated for commercial aviation.
Helicopter appraisal firm HeliValue$ has laid bare the market so that visitors to this year’s Heli-Expo can get an idea of what is actually going on in the market, based on prices. “At HeliValue$, our most-asked question of the past quarter has been ‘What’s going on with the helicopter market?’” said Sharon Desfor, president of the Wauconda, Ill.-based company.
The International Helicopter Safety Team (IHST), a global organization dedicated to reducing the civil helicopter accident rate, has added Robinson Helicopter president Kurt Robinson to its executive committee. He is a commercial helicopter pilot and he holds an MBA and a law degree from the University of San Diego.