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For shared aircraft that are part of a large management company fleet, owners have access to the full fleet of planes and may upgrade or downgrade for specific flights. [1] Ownership contracts are typically for five years. At the end of the contract, the owner can sell their share either back to the company or to another owner waiting for a ...
In 2022, Flexjet announced plans to hire 350 pilots in addition to its current total of 800 and add another 50 aircraft by the end of the year. [19] In October 2022, Flexjet agreed to enter into an agreement to merge with Horizon Acquisition Corporation II (NYSE: HZON), a publicly traded special-purpose acquisition company (SPAC) led by Todd ...
The Airbus Helicopters H225 (formerly Eurocopter EC225 Super Puma) is a long-range passenger transport helicopter developed by Eurocopter as the next generation of the civilian Super Puma family. It is a twin-engined aircraft and can carry up to 24 passengers along with two crew and a cabin attendant, dependent on customer configuration.
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The Airbus Helicopters H155 (formerly Eurocopter EC155) is a long-range medium-lift passenger transport helicopter developed by Eurocopter from its Dauphin family for civil aviation use. It is a twin-engined aircraft and can carry up to 13 passengers along with 1 or 2 crew, depending on customer configuration.
Evergreen Helicopters was sold to Erickson Air-Crane in March 2013 for $250 million. The sale provided Evergreen International Aviation with the liquidity needed to continue operations. Smith said: "The sale of EHI provides us with needed capital to repay existing debt and gives us the liquidity to support our airline and remaining businesses."