Helicopter Investment, Finance & Leasing Moderator: Tony Nocera, Kroll Bond Rating Crispin Maunder, Lease Corporation International Alan Jenkins, Waypoint Leasing Francois Gautier, Avinco Kim Seward, Morten Beyer & Agnew Usman Ahmed, IBA Group Mark Kelly, Lobo Leasing
He lic o pte r Missio ns Offshore Oil and Gas Other (training, Offshore Oil and Gas EMS/SAR news etc.) 10% 5% EMS/SAR Utility 15% Parapublic 30% Corporate /VIP Parapublic 15% Utility Corporate/VIP 25% Other (training, mba news etc.) m orten b eyer & a gnew 2
He lic o pte r T ype s Light Twin Medium Super Medium Heavy AW109 AW139 AW189 AW169 H135 AS332 AS365/H155 H175 H145 H225 Bell 429 Bell 412 Bell 525 S-76 S-92 $4-8 $8-16 $16-20 $23+ New Unit Cost Value Range US$ M mba m orten b eyer & a gnew 3
Helicopter Operators • Babcock (Avincis) has nine subsidiaries operating under the name of Bond, Australian helicopters, Inaer and Norsk helicopters – 42% EMS, 33% FF, 12% OSOG and 13% SAR • PHI engaged in OSOG, mining, EMS and technical services • Bristow well known for SAR capability, also have substantial presence in OSOG and EMS sector • CHC and ERA – focus on OSOG, SAR and EMS services • AIR EVAC and Air Methods – mainly EMS services in USA
Helicopter Lessors Lessor Portfolio Qty. Orders/Options Investors 1 Milestone $3.4 billion 210 $3 billion GECAS 2 Waypoint >$1.3 billion 121 >$1.7 billion MSD, Soros, Cartesian 3 LCI $350 million 21 >$600 million Libra, KKR 4 Lobo $300 million 30+ None GSO (Blackstone) 5 Macquarie $260 million 20 $270 million Macquarie 6 Amur $100 million 41 None Amur Capital 7 Infinity $50 million 15 None Perella Weinberg, Hawke Aerospace
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