Monaco firm reports successful helicopter business
Avinco Helicopters, a Monaco company that specialises in helicopter sales, acquisitions, and trading, has reported 27 helicopter transactions in 2016, plus a repossession contract involving 21 Airbus H225s and an EC155. In its 2016 annual results, Avinco said the 27 transactions had a combined value of $54 million. The repossession contract involved Avinco recovering, storing, managing and remarketing the aircraft on behalf of a consortium of creditor banks along with Coface, France’s export credit agency. Avinco CEO Francois Gautier said, “There is a healthy liquidity for single-engine helicopters in most … Continue reading Monaco firm reports successful helicopter business
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