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Entries for January 2014

Advanced Tactics Unveils the AT Transforme - The Future of Roadable VTOL Aircraft and Modular Cargo Systems

 EL SEGUNDO, CA – Advanced Tactics Inc., a small aerospace company, released details about its AT Transformer vehicle technology and announced that a full-scale technology demonstrator has completed its first driving tests.

The AT Transformer technology makes possible the world’s first roadable, vertical takeoff and landing (VTOL) aircraft. The patented AT Transformer technology combines the capabilities of a helicopter, such as the ability to take off and land anywhere, with the capabilities of an off-road automobile. The first technology demonstrator, the AT Black Knight Transformer, completed driving tests in December 2013 in Southern California and is scheduled to fly in early 2014.

2 dead, 2 rescued, 1 missing in Navy helicopter crash off frigid Virginia
New York Daily News
From CNN
Two Navy helicopters assigned to the same 600- to 700-sailor squadron quickly rushed to the scene, spotting four of the sailors "close to the wreckage floating in the water" around 11:15 a.m., Flannery said. The air temperature was 28 degrees and the ...
Norfolk helicopter crash: four crew killed in US training exercise
The Guardian
From The Guardian
Chief Superintendent Bob Scully, of Norfolk police, said the aircraft were HH-60 Pave Hawk helicopters. Speaking on Wednesday at a press conference at the scene, in the village of Cley-next-the-Sea, he said the second helicopter was not thought to have  ...
MILESTONE AVIATION GROUP COMPLETES US$ 575 MILLION PRIVATE PLACEMENT DEBT FINANCING

Dublin, Ireland – Milestone Aviation Group, the global leader in helicopter leasing,
announced today that it has successfully completed the private placement of US$ 575 million of senior secured notes. The company intends to use the proceeds to fund the continued expansion of its business and to refinance existing debt.

The senior secured notes, which have an average maturity of 8 years with tranches of 7 to 10 years, was upsized to US$ 575 million from the original offering size of US$ 300 million to satisfy investor demand. Seventeen investors participated in the private placement, sixteen of which are new to Milestone.

MILESTONE AVIATION GROUP CLOSES US$ 200 MILLION UNSECURED REVOLVING CREDIT LINE

Dublin, Ireland – Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and revolving borrowing capacity to US$ 800 million. Today’s announcement follows on the heels of the company’s January 7, 2014 announcement that it had successfully completed the private placement of US$ 575 million of senior secured notes.

Reporting on a Pave Hawk down
Flightglobal (blog)
From Flightglobal (blog)
It's been a bad week for the US military rotorcraft community, with a combined six crew members having died in separate crashes at home and in Europe. My Washington DC-based colleague Stephen Trimble yesterday pointed to the cruel coincidence in the  ...
Sea Dragon helicopter most likely to crash
ABC News
From The Virginian-Pilot
The Sea Dragon is one of the Navy's niche helicopters: There aren't many of them, they're old, and they specialize in mine-hunting. They're all based at Norfolk Naval Station. They're also the naval helicopter most prone to crash, according to figures ...
Seven universities set up national wind tunnel facility
BBC News
From BBC News
... of a gust facility and state-of-the-art diagnostic equipment. The tunnel will be used to conduct research into unsteady aerodynamics in areas of aerospace such as rotorcraft, as well as helping in the development of technologies in the wind energy ...
Canada could have obtained world-class helicopters at bargain prices, but the ...
National Post
From National Post
Two curious developments occurred in the global helicopter industry last week. On Wednesday, India cancelled an $800-million order for 12 AgustaWestland 101 helicopters, after allegations that the British-Italian manufacturer paid bribes to secure the  ...
From 4-traders (press release)
Yeovil "in the coming months" will also begin assembly of the first AW189s at the site, with initial examples of the 8t rotorcraft destined for Bristow Helicopters as part of its search and rescue contract with the UK government. The facility is also ...
From USA TODAY
Officials said the 87-foot patrol boat Shearwater, out of Portsmouth, a small boat from Station Little Creek and two MH-60S helicopters responded about 11:45 a.m. A Virginia Beach fire boat was assisting the military, officials said. Meteorologist Evan ...
From Arabian Aerospace
Airbus Helicopters will benefit from and enrich the Airbus brand as it develops, manufactures, markets and supports a diversified and highly capable rotorcraft product line. ???This rebranding works hand in hand with our ongoing transformation, which is ...
From Daily Press
As the Coast Guard was responding, the Navy immediately dispatched two squadron HSC-28 helicopters, which hoisted the four crew members out of the water. The four were found close to the wreckage, Flannery said. The rescues were completed in less  ...
From 4-traders (press release)
Sikorsky has delivered the first fully configured examples of its new S-76D medium-class helicopter, a little over a year after gaining US Federal Aviation Administration certification for the baseline rotorcraft. Texas-headquartered Bristow Group ...

Investigations have started into the cause of a US Air Force helicopter crash in Norfolk which killed all four people on board.

The HH-60G Pave Hawk, based at RAF Lakenheath in Suffolk, came down at a nature reserve in Cley next the Sea on Tuesday night.

The aircraft, from the 48th Fighter Wing, was on a low-level training mission and carrying live ammunition.

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