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Milestone-aviation

Milestone Aviation opens new office in Sydney

Milestone Aviation opens new office in Sydney

Milestone Aviation Group (Milestone) and GE Capital Aviation Services (GECAS) have opened a new office in Sydney, Australia, effective May 1, 2017. With the opening of the new location, Milestone and GECAS are available locally to better support Australian customers with the company’s full suite of helicopter and commercial aircraft financing products. “Now that we… Read more »

Source: Milestone Aviation, 25-May-17

Milestone Aviation Helicopter Fleet Value Surpasses $4 Billion

Milestone Aviation Helicopter Fleet Value Surpasses $4 Billion

 Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, wrote $1 billion in leases and letters of intent in 2016, and the value of its helicopter fleet has now surpassed $4 billion. Recent successful transactions serving emergency medical services as well as the search and rescue segment place nearly a quarter of Milestone’s… Read more »

Source: Milestone Aviation, 09-Mar-17

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Milestone places €200 million firm order with Airbus Helicopters for H135, H145 and H175

Milestone places €200 million firm order with Airbus Helicopters for H135, H145 and H175

Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today a €200 million firm order with Airbus Helicopters including H145, H135 and H175 helicopters. Delivery of the aircraft on order is scheduled to begin in mid-2017 with deployment into emergency medical service and other parapublic segments. Milestone’s current helicopter fleet includes over… Read more »

Source: Airbus, 07-Mar-17

Milestone lease AW169 to HeliKorea

Milestone lease AW169 to HeliKorea

Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has leased a Leonardo AW169 to HeliKorea to accelerate its expansion into Emergency Medical Services (EMS) operations in South Korea. The helicopter was sourced from Milestone’s order book with the manufacturer. “We are excited to begin this new partnership with… Read more »

Source: Milestone Aviation, 07-Mar-17

Milestone Provides two S92s and five S76Ds to Thai Aviation Services

Milestone Provides two S92s and five S76Ds to Thai Aviation Services

Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has leased two Sikorsky S-92 and five Sikorsky S-76D helicopters to be operated by Thai Aviation Services Co., Ltd. (“TAS”). Of the seven aircraft, six were newly delivered from Milestone’s order book, and the seventh was sourced from Milestone’s existing fleet…. Read more »

Source: Milestone Aviation, 07-Mar-17

Milestone Aviation to lease two AW139s to Norsk Luftambulanse

Milestone Aviation to lease two AW139s to Norsk Luftambulanse

Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it will provide two AW139 helicopters from its order book with Leonardo Helicopters to Norsk Luftambulanse AS (“NLA”) to support emergency medical services (HEMS) in Norway. In July, Norway’s National Air Ambulance Service awarded NLA with a six-year contract (with a… Read more »

Source: Milestone Aviation, 06-Mar-17

Milestone provides $230M Secured Debt Facility to Bristow Group

Milestone provides $230M Secured Debt Facility to Bristow Group

Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services (“GECAS”) company and the global leader in helicopter leasing, announced today a commitment letter with Bristow Group Inc. (“Bristow”), a leading provider of global industrial aviation services. Under the agreement, Milestone is providing a $230 million secured term loan facility to a subsidiary of Bristow,… Read more »

Source: Milestone, 03-Feb-17

Milestone Names Daniel Rosenthal President and CEO

Milestone Names Daniel Rosenthal President and CEO

Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company (“GECAS”) and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue to serve Milestone in an advisory… Read more »

Source: Milestone Aviation, 06-Dec-16

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Milestone Contributes to Growth of Emergency Medical Services Capabilities In China

Milestone Contributes to Growth of Emergency Medical Services Capabilities In China

Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has leased two new Airbus H130 helicopters to HEMS999 Company Ltd. (“HEMS999”), a Chinese air ambulance operator subsidiary of MIT Group, to support emergency medical service operations in China’s Shandong Province. “There is… Read more »

Source: Milestone Aviation, 10-Nov-16

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Australia – Milestone to Lease AW139 to LifeFlight

Australia – Milestone to Lease AW139 to LifeFlight

Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has recently leased a new, EMS equipped Leonardo AW139 helicopter to LifeFlight (formerly known as CareFlight) to support emergency medical services (EMS) and search and rescue (SAR) missions in Queensland, Australia. “We are delighted… Read more »

Source: Milestone Aviation, 25-Oct-16

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Waypoint tries to scupper CHC marriage to Milestone

Waypoint tries to scupper CHC marriage to Milestone

In Helitech 2016: Shaking Up the Offshore Helicopter Business I commented that: “some lessors are definitely not welcoming the recently announced Milestone (part of GE) relationship with CHC…have no doubt that the position is pretty dire for those lessors focused on heavy aircraft in the offshore oil and gas market and those with CHC exposure… Read more »

Source: Allan Blake, 17-Oct-16

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Milestone gets in bed with CHC

Milestone gets in bed with CHC

CHC Group (the “Company” or “CHC”) (OTC Pink Sheets: HELIQ) today announced that it has entered into a plan support agreement (the “PSA”) with respect to the terms of a chapter 11 plan of reorganization (the “Plan”). The PSA contemplates a comprehensive recapitalization of the Company that will provide $300 million in new capital from… Read more »

Source: CHC, 12-Oct-16

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Offshore Helicopter Leasing – an Existential Risk?

Offshore Helicopter Leasing – an Existential Risk?

The recent announcement by the Bristow Group that 130 jobs are at risk in the UK Sector of the North Sea is an ugly enough headline for an industry that, up until 12 months ago, couldn’t get enough pilots to fill helicopter cockpits around the world. But underlying that announcement, the structural effects on the… Read more »

Source: Nova Systems, 28-Jul-15

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Milestone signs LOI for 20 Bell 525s

Milestone signs LOI for 20 Bell 525s

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and gas,… Read more »

Source: Bell, 15-Jun-15

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Milestone orders up to 28 Airbus H175s

Milestone orders up to 28 Airbus H175s

Airbus Helicopters, a division of Airbus Group, and Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that Milestone has increased its combined orders and options to a total of 28 H175s, the largest order for Airbus’ new super-medium-lift twin-engine rotorcraft. “We have full confidence in… Read more »

Source: Airbus Helicopters, 15-Jun-15

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Milestone Confirms Orders for Three More AW139s

Milestone Confirms Orders for Three More AW139s

AgustaWestland announced today that Milestone Aviation Group has signed a firm order for three additional AW139s that will be made available for lease to Milestone’s customers and operators globally. This contract is part of a multi-year commitment signed in September 2013 by Milestone Aviation to purchase up to 45 AgustaWestland helicopters and brings the total… Read more »

Source: AgustaWestland, 10-Jun-15

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Milestone Aviation Group expanding with new offices in Singapore, Sao Paulo and UAE

Milestone Aviation Group expanding with new offices in Singapore, Sao Paulo and UAE

Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing announced today at Helicopter Association International’s Heli-Expo that the company is expanding its international presence into three new regions – Asia, South America and the Middle East/Africa – while also growing its European staffing. Milestone will be opening offices… Read more »

Source: GE, 04-Mar-15

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Milestone Aviation Group Expands Global Operations and Enhances Financial Flexibility Following Acquisition by GE Capital

Milestone Aviation Group Expands Global Operations and Enhances Financial Flexibility Following Acquisition by GE Capital

Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing announced today at Helicopter Association International’s Heli-Expo that the company is expanding its international presence into three new regions – Asia, South America and the Middle East/Africa – while also growing its European staffing. Milestone will be opening offices… Read more »

Source: Milestone Aviation, 03-Mar-15

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GE Capital Aviation Services Closes Acquisition of Milestone Aviation Group

GE Capital Aviation Services Closes Acquisition of Milestone Aviation Group

GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE:GE), today announced it completed and closed its acquisition of Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion plus the assumption or payoff of Milestone’s existing debt. “The acquisition of Milestone is a key part of our growth strategy for 2015 and… Read more »

Source: GECAS, 02-Feb-15

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Milestone finances 11 S92s and an AW189 for Bristow UK SAR fleet

Milestone finances 11 S92s and an AW189 for Bristow UK SAR fleet

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed seven of 12 helicopter leases to Bristow Helicopters Limited, an affiliate of the Bristow Group. The helicopters will be used for civilian search and rescue (SAR) services when Bristow Helicopters takes over delivery of UK SAR services on behalf of… Read more »

Source: Milestone, 12-Nov-14

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Milestone Aviation sold for $1.8 billion to GE Capital

Milestone Aviation sold for $1.8 billion to GE Capital

 GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE – it combines GECAS’ global reach and 45+ years in leasing commercial jets with… Read more »

Source: Milestone Aviation, 13-Oct-14

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Milestone Aviation Group prepares for IPO

Milestone Aviation Group prepares for IPO

The Milestone Aviation Group Limited (“Milestone”) today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of Milestone’s common shares. The number of common shares to be offered and the price range for the proposed… Read more »

Source: Milestone, 09-Sep-14

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Milestone announces proposed private offering of $350M Notes

Milestone announces proposed private offering of $350M Notes

The Milestone Aviation Group Limited (“Milestone”) today announced that it intends to offer (the “Offering”) $350 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”). Milestone intends to use the net proceeds of the Offering to pay down a portion of its secured debt. The remainder, if any, of the net… Read more »

Source: Milestone Aviation, 31-Jul-14

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SonAir receives three EC225s, financed through Milestone

SonAir receives three EC225s, financed through Milestone

The worldwide fleet of EC225s that perform heli-lift duties for oil and gas operators increased by three today with Airbus Helicopters’ triple delivery of workhorse rotorcraft acquired by Milestone Aviation Group and leased to SonAir – an African operator – which will utilize them in Angola. The handover ceremony in Marignane, France marked the latest… Read more »

Source: Airbus Helicopters, 06-Jun-14

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Pratt & Whitney Canada and Milestone Sign $75M fifteen year deal

Pratt & Whitney Canada and Milestone Sign $75M fifteen year deal

Pratt & Whitney Canada (P&WC), a United Technologies Corporation company (NYSE:UTX), and Milestone Aviation Group, a global leader in helicopter leasing, today announced a US$ 75 million, 15-year agreement under which P&WC will offer its Flexible Turboshaft Engine Fleet Management program to Milestone customers. The agreement, signed today at HAI Heli-Expo, will provide P&WC’s customized… Read more »

Source: P&WC, 27-Feb-14

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Milestone Aviation Group signs for five AW139s and three AW189s

Milestone Aviation Group signs for five AW139s and three AW189s

Milestone Aviation Group, the global leader in helicopter leasing, together with AgustaWestland, a Finmeccanica company, announced today at Helicopter Association International’s Heli-Expo that they have signed a purchase contract for eight new-generation AgustaWestland helicopters as part of the companies’ landmark framework agreement. The framework agreement was initially announced in September 2013. The contract for five… Read more »

Source: AgustaWestland, 27-Feb-14

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Milestone leases three EC225s to SonAir

Milestone leases three EC225s to SonAir

Milestone Aviation Group, the global leader in helicopter leasing, and SonAir, the largest African helicopter operator and a subsidiary of the Angolan national oil company Sonangol, announced that three of Milestone’s record order for 30 of Airbus Helicopters’ EC225s will begin performing airlift duties for Angola’s oil and gas sector. The arrangements, announced today on… Read more »

Source: Milestone Aviation Group, 27-Feb-14

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Partnership Between Milestone Aviation Group and Turbomeca Achieves Landmark

Partnership Between Milestone Aviation Group and Turbomeca Achieves Landmark

Less than one year after launching a first-of-its-kind partnership offering unique services to Milestone customers, helicopter engine manufacturer Turbomeca (Safran) and Milestone Aviation Group, the global leader in helicopter leasing, celebrated a landmark with the announcement that the Milestone fleet has surpassed 100 Turbomeca engines. As of December 31, 2013, the Milestone fleet included 106… Read more »

Source: Milestone, 26-Feb-14

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Milestone leases world’s first operational S-76D to National Helicopter Services

Milestone leases world’s first operational S-76D to National Helicopter Services

Milestone Aviation Group, the global leader in helicopter leasing, announced today at Helicopter Association International’s Heli-Expo that it has financed the delivery of a Sikorsky S-76D to Trinidad and Tobago’s National Helicopter Services Limited (NHSL). The NHSL, which is a joint venture between the Government of Trinidad and Tobago and The National Gas Company of… Read more »

Source: Milestone Aviation Group, 26-Feb-14

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Milestone signs for another eight S92s

Milestone signs for another eight S92s

Milestone Aviation Group, the global leader in helicopter leasing, and Sikorsky Aircraft Corporation announced today at Helicopter Association International’s Heli-Expo that Milestone has increased its S-92 order book by eight units. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX). Milestone is already one of the world’s largest S-92 owners and with today’s announcement, it has… Read more »

Source: Sikorsky, 25-Feb-14

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Milestone Aviation Group Surpasses US$ 2.2 Billion in Helicopters

Milestone Aviation Group Surpasses US$ 2.2 Billion in Helicopters

Milestone Aviation Group, the global leader in helicopter leasing, today provided an operating update to the market in advance of Helicopter Association International’s Heli-Expo which includes information as of December 31, 2013. Milestone’s fleet, which ranges from light-single to heavy-twin helicopters, now includes 143 aircraft valued at more than US$ 2.2 billion. The aircraft are… Read more »

Source: Milestone Aviation Group, 24-Feb-14

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Milestone closes US$200M Unsecured Revolving Credit Line

Milestone closes US$200M Unsecured Revolving Credit Line

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and revolving borrowing capacity to US$ 800 million. Today’s announcement follows on the heels of the company’s January 7,… Read more »

Source: Milestone, 10-Jan-14

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Milestone completes US$575M Private Placement Debt Financing

Milestone completes US$575M Private Placement Debt Financing

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has successfully completed the private placement of US$ 575 million of senior secured notes. The company intends to use the proceeds to fund the continued expansion of its business and to refinance existing debt. The senior secured notes, which have an average… Read more »

Source: Milestone, 08-Jan-14

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Milestone finances AW109SP GrandNew for Sloane Helicopters

Milestone finances AW109SP GrandNew for Sloane Helicopters

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has financed the delivery of an AgustaWestland AW109 GrandNew to Sloane Helicopters. Sloane, a UK-based provider of helicopter sales and services, will use the helicopter for the UK’s East Midland Helicopter Emergency Medical Service (HEMS), the Derbyshire, Leicestershire & Rutland Air Ambulance… Read more »

Source: Milestone Aviation Group, 22-Oct-13

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AgustaWestland and Milestone agree historic multi-aircraft framework agreement

AgustaWestland and Milestone agree historic multi-aircraft framework agreement

AgustaWestland, a Finmeccanica company, today announced at Helitech International that Milestone Aviation Group has agreed a multi-aircraft, multi-year Framework Agreement for the purchase of a significant number of helicopters in a combination of the AW169, AW139 and AW189 models from the AgustaWestland Family of new generation helicopters. These aircraft will enter into service globally in… Read more »

Source: AgustaWestland, 25-Sep-13

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Milestone Aviation Group adds industry veteran to Advisory Board

Milestone Aviation Group adds industry veteran to Advisory Board

Milestone Aviation Group, the global leader in helicopter leasing, announced today that Peter Bull, the highly-regarded industry veteran and risk and asset management expert, has joined the Group’s Advisory Board. Richard Santulli, Milestone’s Chairman and Chief Executive Officer, said, “We are delighted that Peter has joined our Advisory Board. Asset and risk management are the… Read more »

Source: Milestone Aviation, 24-Sep-13

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Milestone Aviation Group secures US$600M revolving credit line

Milestone Aviation Group secures US$600M revolving credit line

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on a five-year, US$600 million revolving credit line that includes an unfunded revolving accordion feature to expand the borrowing capacity up to US$750 million. This revolver represents the largest-ever debt facility for a helicopter lessor and will be used to… Read more »

Source: Milestone Aviation Group, 08-Aug-13

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Milestone closes US$300M credit facility to acquire/lease Bristow aircraft

Milestone closes US$300M credit facility to acquire/lease Bristow aircraft

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed a new US$300 million credit facility. The company will use the proceeds to acquire and lease helicopters valued at US$400 million to affiliates of Bristow Group Inc. The assets include Sikorsky S-92’s, Eurocopter EC225’s and AgustaWestland AW189 and AW139 aircraft…. Read more »

Source: Milestone Aviation, 31-Jul-13

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Milestone supports Blueway with financing of 4th EC225

Milestone supports Blueway with financing of 4th EC225

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it is financing the delivery of a Eurocopter EC225 to Blueway Offshore Norge AS, a subsidiary of Blueway AS. The Norwegian registered aircraft will be used for crew change missions to offshore oil and gas platforms in the North Sea. The European delivery… Read more »

Source: Milestone Aviation, 31-Jul-13

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An inside look at Milestone and the first ever helicopter export credit bond

An inside look at Milestone and the first ever helicopter export credit bond

Milestone launched the largest helicopter export credit deal ever in 2013. It was a transaction of many firsts: Milestone’s first export credit guaranteed deal; the US Export-Import Bank’s first bond secured by helicopters; and Deutsche Bank’s first Ex-Im guaranteed bond issuance.   See full story

Source: Corporate Jet Investor, 20-Jun-13

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Ex-Im Bank guarantees $187M for S92 exports to Milestone Aviation Group

Ex-Im Bank guarantees $187M for S92 exports to Milestone Aviation Group

The Export-Import Bank of the United States (Ex-Im Bank) is providing a $187.4 million guarantee of a capital-markets bond to finance the export of Sikorsky S-92® helicopters to The Milestone Aviation Group Ltd. of Dublin, Ireland. The transaction is Ex-Im Bank’s largest financing of U.S.-manufactured commercial helicopter exports and the agency’s first support of these… Read more »

Source: Ex-Im Bank, 04-Jun-13

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Milestone Surpasses $1.3 Billion in Aircraft

Milestone Surpasses $1.3 Billion in Aircraft

Milestone Aviation Group, the global leader in helicopter leasing, today circulated its full year 2012 financial results to investors and provided an update to the market. Milestone’s young fleet, which ranges from light-twin to heavy helicopters, now includes over 90 aircraft from AgustaWestland, Bell, Eurocopter and Sikorsky valued at over $1.3 billion. Additionally, the company… Read more »

Source: Milestone Aviation Group, 19-Apr-13

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Eurocopter and Milestone Aviation Group getting closer together

Eurocopter and Milestone Aviation Group getting closer together

An innovative agreement signed by Eurocopter and Milestone Aviation Group today brings these two industry leaders together for cooperative marketing of Milestone’s growing helicopter portfolio, backed by Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services. This agreement enables Eurocopter to provide its customers and operators commercial access to Milestone’s inventory of helicopters with all of the financial… Read more »

Source: Eurocopter, 06-Mar-13

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Milestone Aviation Group and Turbomeca Launch Groundbreaking Comprehensive Partnership

Milestone Aviation Group and Turbomeca Launch Groundbreaking Comprehensive Partnership

Leading helicopter engine manufacturer Turbomeca (Safran) and Milestone Aviation Group, the global leader in helicopter leasing, announced today at Heli-Expo a first-of-its-kind partnership, offering unique services to Milestone customers while expanding Turbomeca’s customer base. A culmination of efforts announced last year to develop novel engine support solutions and services for Milestone’s lease customers around the… Read more »

Source: Turbomeca, 06-Mar-13

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Milestone orders five EC175s and more EC225s

Milestone orders five EC175s and more EC225s

Milestone Aviation Group, the global leader in helicopter leasing, today announced an order for 14 additional Eurocopter EC225 twin-engine helicopters, which will join the 16 EC225s ordered last year – along with the company’s initial EC175 booking, covering five of these next-generation aircraft. This new order for the two Eurocopter helicopter types brings Milestone’s EC225… Read more »

Source: Eurocopter, 06-Mar-13

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Sikorsky Announces Sale of 30 Helicopters to Milestone Aviation Group

Sikorsky Announces Sale of 30 Helicopters to Milestone Aviation Group

Sikorsky Aircraft Corp. today announced that they have entered into agreements to sell 23 S-92® helicopters and seven S-76D™ helicopters to Milestone Aviation Group, a global finance company that leases helicopters to high-quality helicopter operators. The agreements also include options to buy up to an additional 14 S-92 and 10 S-76D helicopters. Sikorsky, a subsidiary… Read more »

Source: Sikorsky, 05-Mar-13

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Milestone surpasses $1 Billion in leased helicopters

Milestone surpasses $1 Billion in leased helicopters

Milestone Aviation Group, the global leader in helicopter leasing, announced today at Helicopter Association International’s Heli-Expo its portfolio of leased helicopters has surpassed $1 billion. Milestone is the first company ever to achieve this landmark. Since the company’s launch in August 2010, Milestone has closed more than 75 helicopter leases with 21 world-class operators in… Read more »

Source: Milestone Aviation Group, 05-Mar-13

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WFW advised CHC on $202M operating lease facility

WFW advised CHC on $202M operating lease facility

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised CHC Helicopter on an operating lease facility of up to US$202m with Milestone Aviation, for up to 12 helicopters (including Sikorsky, Eurocopter and AgustaWestland helicopters), its third facility with Milestone. The team, led by partner Nicola Davies,… Read more »

Source: WFW, 20-Jan-13

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Milestone Aviation Group proposes offering of $250M unsecured notes

Milestone Aviation Group proposes offering of $250M unsecured notes

The Milestone Aviation Group Limited (“Milestone”) today announced that it intends to offer (the “Offering”) $250 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”). Milestone intends to use the net proceeds of the Offering to finance the purchase of aircraft and to refinance previously purchased aircraft. The remainder, if any,… Read more »

Source: Milestone Aviation Group, 07-Dec-12

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Company Profile – Milestone Aviation

Company Profile – Milestone Aviation

Milestone purchases helicopters and leases them to commercial operators around the world, especially those involved in offshore oil-and-gas exploration.  The company’s fleet already includes more than 60 helicopters worth about $750 million (see full story)

Source: Columbus Dispatch, 12-Oct-12

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Milestone lease two GrandNews to Elilombarda

Milestone lease two GrandNews to Elilombarda

Milestone Aviation Group, the Dublin-based helicopter lessor, has recently delivered two new AgustaWestland AW109SP Grand New to Italian operator Elilombardia. Likely for tax reasons, the aircraft were initially registered in their name for a couple of days in mid-July in the Isle of Man, as seen in our photos here.  They were then moved to… Read more »

Source: HeliHub.com, 24-Aug-12

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Milestone signs for 19 Sikorsky S92s

Milestone signs for 19 Sikorsky S92s

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has signed a contract to purchase nineteen additional Sikorsky S-92® helicopters. These aircraft are in addition to the three S-92 aircraft Milestone purchased from Sikorsky in February 2012. The first two aircraft are scheduled for completed delivery in late 2012 and the… Read more »

Source: Milestone Aviation Group, 15-Aug-12

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Milestone Aviation Group closes $400M series of debt facilities

Milestone Aviation Group closes $400M series of debt facilities

Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on a series of debt facilities totalling US$400 million. The company will use the proceeds to support its partners and provide additional liquidity to the global helicopter market. “These are important milestones for our company,” said Richard Santulli, Milestone’s Chairman…. Read more »

Source: Milestone Aviation Group, 14-Aug-12

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Turbomeca creates partnership to provide unique benefits for Milestone’s leasing customers

Turbomeca creates partnership to provide unique benefits for Milestone’s leasing customers

Leading helicopter engine manufacturer Turbomeca (Safran group), and Milestone Aviation Group, the world’s pre-eminent helicopter lessor, announced at Heli-Expo today the beginning of an expansive partnership between the two companies. Through the Global Support Partnership, Turbomeca and Milestone are jointly developing new engine support solutions and services for Milestone’s lease customers around the world. The… Read more »

Source: Turbomeca, 13-Feb-12

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Milestone Aviation Group signs for three S-92s

Milestone Aviation Group signs for three S-92s

Sikorsky Aircraft Corp. today announced that Milestone Aviation Group, a global finance company that buys and leases helicopters to operators worldwide, has signed a contract to purchase three 
S-92® helicopters. Sikorsky, a subsidiary of United Technologies Corp. (NYSE:UTX), announced the purchase at HELI-EXPO®, the world’s largest tradeshow dedicated to the international helicopter community. “In a very short time, Milestone Aviation… Read more »

Source: Milestone Aviation Group, 12-Feb-12

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Milestone leases two EC225s to Bristow, hopes for three S92s too

Milestone leases two EC225s to Bristow, hopes for three S92s too

Milestone Aviation Group, the global leader in helicopter leasing, announced at the HAI Heli-Expo that it has reached agreement with Bristow Group Inc. (NYSE: BRS) to lease five large helicopters. The companies completed operating leases in December 2011 for two Eurocopter EC225s deliverable in mid-2012 and anticipates closing the leases for three 2011 Sikorsky S-92 helicopters… Read more »

Source: Milestone Aviation Group, 12-Feb-12

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Milestone Aviation Group signs for 16 Eurocopter EC225

Milestone Aviation Group signs for 16 Eurocopter EC225

Milestone Aviation Group and Eurocopter today announced an order for 16 EC225 aircraft. These aircraft are valued at €362 million (US $480 million) and will be delivered over five years, starting in 2013. Eurocopter’s embrace of a partnership with Milestone on the EC225 is a major development for the helicopter industry. Since launching in August… Read more »

Source: Eurocopter, 12-Feb-12

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Milestone Aviation Group buy five EC130s

Milestone Aviation Group buy five EC130s

American Eurocopter and Milestone Aviation Group announced today at the Air Medical Transport Conference the sale to Milestone of five new Eurocopter EC130B4 helicopters. The order is valued at $17 million. Deliveries will take place in the second half of 2012. Milestone, the first global finance company focused exclusively on the helicopter market, will offer… Read more »

Source: Milestone Aviation Group, 17-Oct-11

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CHC refinances two S92s and three Super Pumas

CHC refinances two S92s and three Super Pumas

CHC Helicopter, the world’s largest helicopter-services company, and Milestone Aviation Group, a leading global helicopter leasing company, today announced the commencement of a significant new financing relationship. The companies have agreed to terms on the sale-leaseback of five aircraft: two Sikorsky S92 and three Eurocopter AS332L2. The first part of the transaction valued at over… Read more »

Source: Milestone, 29-Sep-11

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Pegaso leases four new EC145s from Milestone

Pegaso leases four new EC145s from Milestone

Milestone Aviation Group, the first global finance company focused exclusively on the helicopter and private jet markets, announced today the lease to Transportes Aereos Pegaso (Pegaso) of four new Eurocopter EC-145 helicopters. Pegaso, a leading Mexican air transport company and long-standing Eurocopter customer, will use the four helicopters to serve its new long-term contract with… Read more »

Source: Milestone Aviation Group, 08-Sep-11

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British Helicopter Association Chairman joins leasing company Milestone’s advisory board

British Helicopter Association Chairman joins leasing company Milestone’s advisory board

Milestone Aviation Group, the first global finance company focused exclusively on the helicopter and private jet markets, today announced that Brian Humphries has joined the company’s Advisory Board. Mr. Humphries is a highly respected member of the global business aviation community. He started his career in the Royal Air Force and worked his way up… Read more »

Source: Milestone Aviation, 05-Aug-11

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Sikorsky sells one S92 and two S76s to lessor Milestone Aviation Group

Sikorsky sells one S92 and two S76s to lessor Milestone Aviation Group

Sikorsky Aircraft Corp. announced today an agreement to sell an S-92® and two S-76C++™ helicopters to the Milestone Aviation Group, a global finance company that purchases and leases helicopters to high quality helicopter operators. Sikorsky, a subsidiary of United Technologies Corp. (NYSE:UTX), announced the sale at the ongoing Paris Air Show. All three aircraft are… Read more »

Source: Sikorsky, 21-Jun-11

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Milestone Aviation Group to acquire five S-76C++ helicopters

Milestone Aviation Group to acquire five S-76C++ helicopters

Sikorsky Aircraft Corp. and Milestone Aviation Group Limited jointly announced for the first time today the scheduled deliveries of five Sikorsky S-76C++™ helicopters to Milestone in the second half of 2011 under a firm order contract signed last December. Milestone, the first global finance company focused exclusively on the helicopter and private jet markets, will… Read more »

Source: Sikorsky, 06-Mar-11

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Milestone Aviation Group announces $205M of Helicopter Lease transactions

Milestone Aviation Group announces $205M of Helicopter Lease transactions

Milestone Aviation Group, the first global specialty finance company focused exclusively on the helicopter and private jet markets, announced today $205 million in transactions. With this announcement, which was made at the Helicopter Association International Heli-Expo, Milestone has closed on 20 new and pre-owned helicopters totalling $141 million as well as signed Letters of Intent… Read more »

Source: Milestone Aviation Group, 06-Mar-11

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Milestone closes first helicopter lease – two S76s for Omni Taxi Aereo

Milestone closes first helicopter lease – two S76s for Omni Taxi Aereo

Milestone Aviation Group, the first global specialty finance company focused exclusively on the helicopter and private jet markets, today announced that it has closed its first transaction with Omni Taxi Aereo of Brazil. Milestone is providing 100% lease financing to Omni to allow the Brazilian operator to add two new Sikorsky 76C++ to their growing… Read more »

Source: Milestone Aviation Group, 07-Oct-10

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Protege of Warren Buffett back in aviation with new Helicopter Fund

Protege of Warren Buffett back in aviation with new Helicopter Fund

SUMMARY: Chairman is Richard Santulli, founder of private jet fractional ownership, NetJets, RTS Helicopters Unique focus provides much-needed lease financing to helicopter and private jet communities Secures US$500 million of equity capital Milestone Aviation Group, the first global specialty finance company focused exclusively on the helicopter and private jet markets, today announced that it has… Read more »

Source: Milestone Aviation Group, 05-Aug-10

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