Milestone supports Heligo Charters in India

Milestone Aviation Group has delivered a Leonardo AW139 to Heligo Charters in India. The delivery marks the fifth helicopter leased to Heligo in 2017, increasing the Mumbai-based operator’s fleet and enabling expansion of both on- and offshore services.

Milestone began its lease partnership with Heligo in 2014. Heligo currently has a fleet of 15 aircraft, eight of which are on lease from Milestone.

Of the five helicopters delivered in 2017, the Leonardo AW139 and two Airbus AS365 Dauphins will operate offshore for the oil and gas industry, while one Bell 412EP and one Leonardo AW109SP will expand Heligo’s onshore VIP charter services.

“We are excited to expand our partnership with Heligo at this important time in the company’s growth.”

“We are excited to expand our partnership with Heligo at this important time in the company’s growth,” said Milestone vice president commercial Michael York. “Heligo has grown to become one of the largest helicopter operators in India by providing highly skilled service through stringent safety standards. We are pleased that they have entrusted Milestone to help them grow their fleet and diversify their client base.”

“We highly value our relationship with Milestone. Their partnership approach gave Heligo access to a diverse fleet of helicopters and the flexibility to bid contracts without taking asset risk” said Heligo CEO Captain K Padmanabhan. “Milestone has provided us with much more than a financial solution, their support has been a central element of our growth strategy, enabling us to grow aggressively but prudently.”

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

You may also like...