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September 11, 2015

Report: VTOL UAV Market Worth $5.5 Billion By 2020

Nearly 20 Percent Growth Rate Seen Over The Next Five Years

A new report forecasts that the VTOL UAV Market is estimated to be valued at $2.23 billion in 2015 and is projected to reach $5.5 billion by 2020, at a CAGR (Compound Annual Growth Rate) of 19.73% from 2015 to 2020.

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Beijing Capital Helicopter Named Airbus Helicopters’ Service Center

Operating Out Of Beijing Badaling Airport, To Serve The Northern China Region

Beijing Capital Helicopter (BCH), a subsidiary of Hainan Airlines Group, has been appointed as Airbus Helicopters’ service center in China. It will carry out maintenance, repair and overhaul (MRO) work on the H125 and H135.

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Viking Inks Deal For 10 Twin Otter Series 400 Aircraft With Rosneft, Russia

Deliveries To Begin In November Of This Year

Viking Air Limited of Victoria, British Columbia, and RN-Aircraft, a Rosneft subsidiary based in Krasnoyarsk, Russia, have signed a multi-aircraft purchase agreement for ten Viking Twin Otter Series 400 aircraft to be delivered between November 2015 and early 2017.

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Hong Kong’s Government Flying Services Acquires Seven H175s

First Public Services-Configured H175s To Be Launched In Asia

Hong Kong-based Government Flying Services (GFS) has ordered seven Airbus Helicopters H175s, becoming the world’s launching customer for this new-generation super-medium-sized rotorcraft in the public services configuration.

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Level D Capable Bell 407GX FFS Delivered To Bell Helicopter Training Academy

First FFS Built For The 407GX

A Full Flight Simulator (FFS) based on the Bell 407GX has been delivered to the Bell Helicopter Training Academy, Fort Worth Texas. This is the first FFS built for the Bell 407GX helicopter.

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Homeowner's Association Recommends Capturing UAVs

Residents Notified In Monthly Newsletter

A homeowners association in central Florida apparently is urging residents to capture any UAVs flying in the neighborhood and hold them to see who comes to the door.

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NBAA Pledges To Respond To NTSB Recommendation Announced Wednesday

Gulfstream Accident Investigation Resulted In One Recommendation For The Association

The NBAA said it stands ready to deliver on an NTSB recommendation directed at the Association as part of the board’s investigation of a fatal runway overrun accident last year. The accident involved a Gulfstream IV that crashed following a rejected takeoff with the gust lock engaged at Hanscom Field (BED) in Bedford, MA on May 31, 2014.

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