The Competition and Markets Authority (CMA) in the UK is scrutinising the potential acquisition of the helicopter leasing arm of Macquarie Group by a subsidiary of Sumitomo Corporation. The regulatory body is examining the implications of the deal if it could lead to lessening of competition within any market or markets within the region. It has called for comments from parties with an interest in the industry. These submissions are to be made by the deadline of 21 October. CMA's initial assessment is ...

Milestone Aviation Group has secured purchase and leaseback agreements with Bristow Group for two Leonardo AW139 helicopters, which are to be deployed for search and rescue (SAR) missions in the UK. These helicopters, which have been recently delivered to Bristow, are equipped to enhance the company's SAR capabilities. Milestone CEO Pat Sheedy said: “We are very pleased to strengthen our long-term partnership with Bristow through the lease of these two new state-of-the-art AW139s. “We are proud to suppo ...