Another Wall Street Firm Jumps into Helicopter Leasing
Another Wall Street firm is entering the increasingly crowded helicopter leasing market. Perella Weinberg’s $2.1 billion Asset Based Value Strategy unit is teaming with Hawke Aerospace to form Infinity Helicopter Leasing. Infinity said it will focus on the light end of the market–singles and light twins–that service the onshore EMS, law enforcement and utility markets in the U.S. and Canada. Previous helicopter leasing market entrants, such as Milestone Aviation, have focused on the lucrative offshore market for medium and heavy twin-engine helicopters.