Ansat helicopters, produced at the Kazan Helicopter Plant of Russian Helicopters (part of Rostec State Corporation), will now be able to carry an added 150 to 200...
REVA announces recapitalisation
REVA, Inc., a US-based fixed-wing air ambulance company, recently increased its reach of operations by completing a recapitalisation effort in collaboration with three partners. REVA’s newest partners include Directional Aviation, a private aviation group, and Goldman Sachs Specialty Lending Group as a lender. In addition, The Beekman Group, a New York private equity firm that initially invested in REVA in 2012, will remain an active investor in the company.
“We are in an excellent position to achieve our near-term vision and develop the future of our industry,” said Stuart Hayman, REVA’s CEO. “We are the largest fixed-wing medical air service based in the Americas, and this recapitalisation will enhance our ability to provide top-tier service to our clients across the globe. We are thrilled to bring on a fantastic new partner in Directional Aviation and financing from GSSLG. I am excited to begin our new partnership with Directional Aviation. Directional embraces people, culture and world-class infrastructure. We are proud to be associated with the Directional Aviation family.”
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