Leasing News

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Milestone Aviation Group and Turbomeca Launch Groundbreaking Comprehensive Partnership

Milestone Aviation Group and Turbomeca Launch Groundbreaking Comprehensive Partnership

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

Milestone orders five EC175s and more EC225s

Milestone orders five EC175s and more EC225s

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

Sikorsky Announces Sale of 30 Helicopters to Milestone Aviation Group

Sikorsky Announces Sale of 30 Helicopters to Milestone Aviation Group

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

Milestone surpasses $1 Billion in leased helicopters

Milestone surpasses $1 Billion in leased helicopters

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

Obituary – Helicopter leasing specialist Matthew L. Spitzer

Obituary – Helicopter leasing specialist Matthew L. Spitzer

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

WFW advised CHC on $202M operating lease facility

WFW advised CHC on $202M operating lease facility

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

Milestone Aviation Group proposes offering of $250M unsecured notes

Milestone Aviation Group proposes offering of $250M unsecured notes

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

UTair and Region Leasing complete joint project

UTair and Region Leasing complete joint project

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

Company Profile – Milestone Aviation

Company Profile – Milestone Aviation

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

Milestone lease two GrandNews to Elilombarda

Milestone lease two GrandNews to Elilombarda

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

Milestone signs for 19 Sikorsky S92s

Milestone signs for 19 Sikorsky S92s

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

French Navy returns second Dauphin to NHV

French Navy returns second Dauphin to NHV

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

Lease Corporation International makes appointment to cover the Americas

Lease Corporation International makes appointment to cover the Americas

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

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

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

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

Milestone Aviation Group signs for three S-92s

Milestone Aviation Group signs for three S-92s

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

Milestone Aviation Group signs for 16 Eurocopter EC225

Milestone Aviation Group signs for 16 Eurocopter EC225

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

UK: Castle Air add fifth AW109E on AgustaWestland contract

UK: Castle Air add fifth AW109E on AgustaWestland contract

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

HAI Financing & Leasing Committee launches Best Practices Workshop

HAI Financing & Leasing Committee launches Best Practices Workshop

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

Milestone Aviation Group buy five EC130s

Milestone Aviation Group buy five EC130s

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

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

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

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

CHC provides update on lease agreements and FY11 results/concall

CHC provides update on lease agreements and FY11 results/concall

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

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

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

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

Lobo Leasing – new Texas-based JV for helicopter leasing

Lobo Leasing – new Texas-based JV for helicopter leasing

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

Russian Helicopters and VEB Leasing to partner for Latin American market

Russian Helicopters and VEB Leasing to partner for Latin American market

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

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

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

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

Milestone Aviation Group announces $205M of Helicopter Lease transactions

Milestone Aviation Group announces $205M of Helicopter Lease transactions

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

People’s Capital And Leasing Corp appoints helicopter finance pecialist

People’s Capital And Leasing Corp appoints helicopter finance pecialist

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

Tiger Helicopters to lease two JetRangers from Castle Air

Tiger Helicopters to lease two JetRangers from Castle Air

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

Era Helicopters parent appoints Director of Leasing

Era Helicopters parent appoints Director of Leasing

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

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