20-Jun-2013Source: Corporate Jet Investor
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... Read more
19-Jun-2013Source: Eurocopter
Helipartner Thailand’s order of 10 AS350 B3e highlights the effectiveness and capabilities of this Ecureuil family helicopter to meet the increasing demand for light helicopters in the ASEAN region. The acquisition of 10 Eurocopter enhanced high-performance AS350 B3e helicopters by Helipartner Thailand responds to increased demand for high-performance utility helicopters across ASEAN countries in support... Read more
16-Jun-2013Source: LCI
Lease Corporation International (LCI) announces its delivery of two AgustaWestland helicopters to Malaysian operator Weststar Aviation Services in a long-term lease. The new AW139 helicopters, valued at over $30 million, will be initially operated under contract to Tullow Oil. They have both been delivered this week. The two AW139 helicopters will be used to support... Read more
4-Jun-2013Source: Ex-Im Bank
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
6-May-2013Source: Waypoint Leasing
The funds of two of the world’s highest-profile individual investors – Michael Dell and George Soros – are betting on future high levels of offshore oil production by investing dog reds of millions of dollars in a helicopter leasing company. Read the whole article here: Financial Times... Read more
19-Apr-2013Source: Milestone Aviation Group
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
12-Apr-2013Source: Boston Medflight
MassDevelopment has issued an $8 million tax-exempt lease on behalf of New England Life Flight, Inc. in Bedford, which does business as Boston MedFlight. The emergency transport service will use lease proceeds to buy a medically configured helicopter that will replace an existing helicopter to transport ill and injured patients. Lease proceeds will also finance... Read more
7-Mar-2013Source: AgustaWestland
AgustaWestland, a Finmeccanica company, is pleased to announce that it has signed a multi-year multi-aircraft agreement with Waypoint Leasing LLC (“Waypoint”) for GrandNew, AW169, AW139 and AW189 helicopters. The agreement signed today at Heli-Expo by Ed Washecka, Waypoint Leasing’s CEO, and Emilio Dalmasso, AgustaWestland’s Senior VP Commercial Business, includes an initial firm contract for four... Read more
6-Mar-2013Source: Eurocopter
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
6-Mar-2013Source: Turbomeca
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
6-Mar-2013Source: Eurocopter
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
5-Mar-2013Source: Sikorsky
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
5-Mar-2013Source: Milestone Aviation Group
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
20-Feb-2013Source: HAI
Matthew L. Spitzer, musician, entrepreneur, and flying enthusiast, passed away in Hayward, Calif. on February 8, 2013. Matthew was born June 20, 1929, in Pittsburgh, Pa., and raised in Niagara Falls, N.Y. A talented professional pianist with perfect pitch, Matthew played in the Niagara Falls/Buffalo area both solo and with The Billy Howells Band. Matthew... Read more
20-Jan-2013Source: WFW
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
7-Dec-2012Source: Milestone Aviation Group
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
6-Dec-2012Source: UTair
UTair Aviation and REGION Leasing, part of the REGION Group, have finalized a financing agreement for the purchase of a Mi-171 helicopter. The delivery will take place in December 2012. UTair and REGION have a long history of successful cooperation on the bond and capital markets. “REGION has acted as an organizer of UTair bond... Read more
12-Oct-2012Source: Columbus Dispatch
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)... Read more
24-Aug-2012Source: HeliHub.com
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
15-Aug-2012Source: Milestone Aviation Group
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
1-May-2012Source: HeliHub.com
The French Navy has completed its lease of a AS365N2 Dauphin – and returned it to Belgian operator NHV. The helicopter was noted outside NHV’s base at Ostend on Saturday, covered over and with its main rotor blades removed. It is expected to be repainted back from the grey/red French Navy scheme to the standard... Read more
24-Apr-2012Source: Lease Corporation International
Lease Corporation International (LCI) has strengthened its senior management team with the appointment of Esteban Tripodi as Executive Vice President, Americas. Mr Tripodi, who joins LCI this week, will be based in the company’s New York office. Working across the marketing and capital markets divisions for both helicopters and fixed wing aircraft, his primary focus... Read more
13-Feb-2012Source: Turbomeca
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
12-Feb-2012Source: Milestone Aviation Group
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
12-Feb-2012Source: Eurocopter
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
30-Jan-2012Source: HeliHub.com
British operator Castle Air already leases four AgustaWestland AW109E back to the manufacturer for their Operational Flight Training Centre at Newquay. Last week, Castle Air registered serial number 11084 on the British Register, having bought it from a distressed sale in Ireland. The previous owner was the Quinn Group of companies, whose boss Sean Quinn... Read more
21-Dec-2011Source: HAI
The HAI Finance & Leasing Committee is pleased to present its first full-day interactive workshop, “Best Practices When Acquiring & Operating Helicopters,†for HELI-EXPO® attendees on Sat, Feb. 11, 2012 at the Dallas Convention Center, Dallas, Texas from 8:30 a.m. to 4:00 p.m. This full-day, interactive workshop is designed to provide helicopter professionals, managers and... Read more
17-Oct-2011Source: Milestone Aviation Group
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
5-Aug-2011Source: Milestone Aviation
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
3-Aug-2011Source: CHC
CHC Helicopter said today it has completed agreements with all of its aircraft lessors to successfully reset the financial covenants on the company’s operating leases. “We are very pleased with the overall outcome of the negotiations and the support we received from our lessors,†said William Amelio, CHC’s president and chief executive officer. “We are... Read more
21-Jun-2011Source: Sikorsky
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
3-Jun-2011Source: Lobo Leasing
Perella Weinberg Partners today announced that certain funds within Perella Weinberg Partners’ Asset Based Value strategy have teamed with helicopter industry veterans Howard Wolf, Bill Wolf, Bruce Mauldin and John Contas to form Lobo Leasing, LLC, a joint venture to acquire helicopter and helicopter-related assets for lease to operators. Lobo Leasing will serve as a... Read more
20-May-2011Source: Russian Helicopters
Russian rotorcraft-building holding Russian Helicopters that makes part of United Industrial Corporation OBORONPROM and leasing company VEB-leasing concluded an agreement on strategic partnership at the aviation market of Latin America, where the interest to Russian-made commercial helicopters is forecasted to grow. The signed document envisages the provision of leasing services to the Latin American companies... Read more
6-Mar-2011Source: Sikorsky
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
6-Mar-2011Source: Milestone Aviation Group
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
12-Feb-2011Source: People’s United Bank
BRIDGEPORT, CT – People’s Capital and Leasing Corp (PCLC), a subsidiary of People’s United Bank (NASDAQ: PBCT), announced today the appointment of Jim Pulie as Vice President, Sales for PCLC’s Aviation Finance segment. Pulie will be responsible for the origination of loan and lease finance solutions for the U.S. commercial helicopter industry. Pulie has more... Read more
27-Jul-2010Source: HeliHub.com
British operator Tiger Helicopters are to lease two AB206 JetRangers from Castle Air. The lease commences 1st October 2010 for an initial period of two years, with each JetRanger expected to fly 1,000 hours during that time on an intensive training contract. Tiger are providing ab initio training for Algerian military pilots who will then... Read more
8-Feb-2010Source: Seacor Holdings
SEACOR Holdings Inc. (SEACOR) (NYSE:CKH) today announced that effective February 1, Domenic Iannuzzi has joined SEACOR Holdings Inc. as a Director of Structured Leasing for SEACOR Capital Corporation, SEACOR’s leasing and finance subsidiary. Dan Hutchins, Vice President of SEACOR Capital, commented, “We are extremely pleased to have Domenic join us. His experience and expertise in... Read more
