Press Release

Issued by Heli-One.

August 3, 2017

Heli-One, a leading global provider of helicopter maintenance, repair, and overhaul (MRO) services, has signed a three-year power-by-the-hour (PBH) agreement with Lobo Leasing Limited to provide support for a Sikorsky S-76C+ aircraft. Lobo will benefit both from Heli-One's extensive S-76 experience and resources, and their ability to leverage a robust planning and global distribution network.

Based in Dublin, Ireland, Lobo Leasing provides operators with a comprehensive and bespoke range of helicopter leasing and fleet management solutions, including operating leases of new helicopters, sale-and-leasebacks of used helicopters, and the sourcing and sale of helicopters on behalf of customers. Lobo supports operators around the world serving the offshore oil and gas, search and rescue, air medical, and general utility sectors. In addition to Sikorsky S-76s, Lobo's fleet includes S-92, Leonardo AW139, AW189, Bell 407 and Airbus Helicopters AS332L1 helicopters.

According to Lobo's technical director Stuart Jackson, “Heli-One has great expertise with the S-76 and we know our aircraft will be in good hands. More generally, they have expert in-house MRO capabilities; their number of OEM approvals for maintenance and overhauls is second to none. We find them to be very responsive to our customers' needs.”

"We are excited to work with Lobo Leasing in supporting their S-76 for the next three years,” said Eddie Lane, president, Heli-One. “Our team has helped S-76 operators worldwide and we pride ourselves in being able to provide solutions with the highest level of quality and safety.”

Heli-One has decades of experience supporting the S-76 and their Canadian facility is a Sikorsky authorized S-76 support center. Heli-One has supported more than 700,000 flight hours on this aircraft type, with facility capabilities in North America and Europe, and mobile repair teams have been deployed to bases globally. Heli-One has an extensive part and exchange pool and can leverage global distribution hubs to help operators minimize downtime for scheduled and unscheduled events. Heli-One provides uninterrupted AOG customer support, 24 hours a day, seven days a week, and their mature planning infrastructure also ensures customers receive top notch service at a moment's notice.