HAI Convention News

Avpro’s Rotor Brokerage Service Makes Heli-Expo Debut

 - February 25, 2014, 4:55 PM

Since announcing its partnership with Europe’s Heli Asset and its new rotorcraft sales and acquisition service at the NBAA Convention last October, Annapolis, Md.-based aircraft brokerage Avpro (Booth No. 1411) is here at Heli-Expo, ready to help operators buy and sell VIP and utility configured helicopters.

“We’re very excited to bring Avpro’s 25 years of process, expertise and reputation to the helicopter world,” Emmanuel Dupuy, the company’s executive sales director told AIN.

Thus far the company has brokered numerous transactions of pre-owned VIP- and utility-configured helicopters, Dupuy said. Deals include the acquisition of three EMS Airbus Helicopters EC135T+ models for Avincis and a utility-configured AgustaWestland A109E Power for Turkey’s Koçoglu Group. Avpro has several other helicopters under contract, according to Dupuy.

As with its fixed-wing brokerage business, the company’s rotor brokers specialize in aircraft by OEM and model. “Being organized in this way allows us to interact with the market far more accurately and as a result provide unparalleled guidance to clients,” said Dupuy. “Specializing by model also enables our sales agents to track quality/price ratios of every serial number for sale, transaction history and sales pipeline.”

While all transactions to date have been on pre-owned helicopters, the company anticipates it will assist clients with purchases of new aircraft, as it does with many fixed-wing aircraft customers. Additionally, the rotor division’s $100 million line of credit was recently expanded to $120 million, providing capital for acquisitions to facilitate transactions. “We want to tell the world, Avpro is seriously in the helicopter market,” Dupuy said.