Aviation firm soars on €73m investment

Irish air services company, Starlite Aviation, has announced a $100m (€73m) investment aimed at significantly expanding its services across Europe, Asia and Africa.

The Dublin-headquartered firm, which specialises in the supply of helicopters to international energy firms, NGOs and government bodies, is buying four new C1e Super Puma helicopters from Airbus in a deal being financed by Deutsche Bank.

“This investment — alongside our focus on safety enhancements, technologies advances and training — ensure that Starlite Aviation Group is confident in our ability to go head-to-head in competition with other aviation players, from our headquarters in Dublin,” said Starlite’s director Alan O’Neill.