Bell and Milestone signs LOI for 525 Relentless
Milestone Aviation Group has signed an LoI with Bell for 20 Bell 525 Relentless helicopters on first day of the Paris Air Show.
The aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and gas, emergency medical service, search and rescue, and utility opportunities. Delivery of aircraft to Milestone is expected to begin in late 2017.
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Richard Santulli, chairman of Milestone says: “We are very pleased to announce our first order with Bell Helicopter.”
“We are very pleased to announce our first order with Bell Helicopter.”
“With the 525, our customers will benefit from the newest fly-by-wire technology and its mission versatility, adds Santulli.
Daniel Rosenthal, president of Milestone says: “Milestone is committed to building long-term relationships with industry leaders that deliver value for our customers. By securing future delivery positions for the Bell 525, we are continuing to demonstrate our strong commitment to that goal.”
John Garrison, president and CEO of Bell Helicopter says: “We are thrilled to expand our relationship with Milestone by signing this agreement. Milestone Aviation, owns one of the world’s largest commercial helicopter fleets and we are delighted they have placed their trust in this aircraft.”
“We are thrilled to expand our relationship with Milestone by signing this agreement.”
“As the first helicopter to define the super-medium class, the Bell 525 provides Milestone with an aircraft able to perform a diverse set of missions in the most demanding conditions,” Garrison adds.
Milestone Aviation Group is a GE Capital Aviation Services company.