Milestone Aviation Group acquires five EC130 B4 helicopters

American Eurocopter and Milestone
Aviation Group announced at the Air Medical Transport Conference in St Louis, 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.

“Our sales team worked very closely with
Milestone to pull this together and we are pleased to make this announcement,”
said Marc Paganini, president and chief executive oficer of American
Eurocopter. “Milestone brings a new option to the table for our clients by
providing 100% financing and flexible leasing solutions that will help our
customers get into the best helicopters in the business.”

“We are delighted to acquire the popular
EC130, a widely used model in the emergency medical service and tour
industries, and strengthen our relationship with Eurocopter,” said Richard
Santulli, chairman of Milestone. “There is a clear-cut business opportunity to
serve high-quality operators in these sectors and this announcement
demonstrates our commitment to meet their needs.”

Since launching in August 2010, Milestone
has leased over two dozen helicopters and private jets valued at more than $240
million. The company has signed commitments that will push that total to over
$300 million by the end of the year.