Heli-Expo 2017 – 7 March 2017
Leonardo: Milestone Aviation places order for AW169 and AW139 helicopters.
- Announcement of a contract for six AW139s and three AW169s valued at 90 million euro
- Deliveries expected in 2017 and 2018 to perform a range of EMS and other parapublic missions
- The order reaffirms Milestone’s commitment to the Leonardo “family” of new generation helicopters adding to an order-book consisting of AW139s, AW169s and AW189s
Dallas, 7 March 2017 – Leonardo and Milestone Aviation Group Limited (“Milestone”), a leader in helicopter leasing, today announced a contract for nine aircraft – six AW139 and three AW169 helicopters – expected to deliver in 2017 and 2018. The order, valued at €90 million, reaffirms Milestone’s commitment to the Leonardo “family” with an order book now consisting of AW169, AW139 and AW189 helicopters. “Milestone has had great success with both the AW139 and AW169 in 2016, and we continue to see an array of opportunities for these aircraft across missions around the globe,” said Daniel Rosenthal, President and CEO of Milestone. “The majority of the helicopters in this order have already been placed with customers to support contracts beginning in 2017 and 2018.” Milestone leased seven AW169 aircraft in 2016 into geographically diverse emergency medical service segments, reinforcing the lessor’s focus on enabling life-saving missions globally. Milestone also leased 11 AW139s in 2016, with most of those helicopters serving non-oil and gas missions, proving the versatility of the aircraft. “We are thrilled Milestone believes strongly in the capability and value delivered by Leonardo’s “family” of new technology, efficient, multi-role helicopters,” said Daniele Romiti, Managing Director of Leonardo Helicopters. “We look forward to Milestone’s partnership in growing the fleet and operator base for the AW169, AW139 and AW189 through innovative lease and debt solutions.” About Milestone Aviation Group Milestone Aviation Group, a GE Capital Aviation Services company, is the world’s leading helicopter leasing and financing company. Milestone has a fleet of helicopters worth over US $4.0 billion plus debt commitments of approximately $400 million. The company has a forward order book of firm and option aircraft with an estimated aggregate purchase price in excess of US $3 billion. Milestone partners with helicopter operators worldwide, providing a wide array of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory. The company supports over 35 customers in more than 30 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. www.milestoneaviation.com