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Tag "Milestone Aviation Group"

Milestone Aviation lease seven helicopters to Thai Aviation Services

Milestone Aviation lease seven helicopters to Thai Aviation Services

Milestone Aviation Group has leased two Sikorsky S-92 and five Sikorsky S-76D helicopters to Thai Aviation Services (TAS). Six of the seven aircraft were delivered new from the manufacturers, whilst the seventh was sourced from Milestone’s existing fleet. TAS will

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Milestone Aviation Group leases two AW139s to Norsk Luftambulans

Milestone Aviation Group leases two AW139s to Norsk Luftambulans

Milestone Aviation Group will please two AW139 helicopters to Norsk Luftambulanse (NLA). The aircraft will be used to support emergency medical services (HEMS) in Norway. In July, Norway’s National Air Ambulance Service awarded NLA with a six-year contract (with a

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Milestone agrees to $230m secured term loan to Bristow

Milestone agrees to $230m secured term loan to Bristow

Milestone will be providing a $230m secured term loan facility to a Bristow subsidy as part of a new agreement. The commitment letter will see Bristow extend Sikorsky S-92 leases with Milestone. Also, Milestone will defer lease rentals on select

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Milestone Aviation Group leases AW139 helicopter to LifeFlight

Milestone Aviation Group leases AW139 helicopter to LifeFlight

Milestone Aviation Group has leased a new EMS equipped Leonardo AW139 helicopter to LifeFlight (formerly known as CareFlight) in Queensland, Australia. “We are delighted to add to our global EMS fleet through this new partnership with LifeFlight.” Daniel Rosenthal, president

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Public helicopter finance transactions

Public helicopter finance transactions

Borrower: Waypoint Leasing Date: October 2015 Structure: Unsecured revolving credit facility increase Lenders: Deutsche Bank and Goldman Sachs & Co (existing lead arrangers SunTrust Robinson Humphrey and MUFG Union) Borrower: LCI Helicopters Date: October 2015 Structure: Loan for four new

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Helicopter Leasing 2015: Debt for lessors review

Helicopter Leasing 2015: Debt for lessors review

 Helicopter leasing companies successfully raised more than $650 million in 2015. Although this was down on 2014 and 2013, this mainly reflected GE’s acquisition of Milestone Aviation. Milestone Aviation is now funded by GE Capital so no longer has debt.

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Milestone VP joins Sloane Helicopters as Sales and Marketing Director

Milestone VP joins Sloane Helicopters as Sales and Marketing Director

John Parnell, VP North Europe & Canada with Milestone Aviation Group, has started a new role as Sales and Marketing Director at Sloane Helicopters. Before Milestone, Parnell worked for over six years with Finmeccanica helicopters, culminating with a role as

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Milestone expands global management

Milestone expands global management

Milestone Aviation Group has expanded its commercial team with eight new executives. With the new appointments the company is expanding its presence in Africa, Asia, Australia, Europe, the Middle East, and North and South America. “We view this investment in

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Market analysis: Orders by helicopter leasing companies stay firm

Market analysis: Orders by helicopter leasing companies stay firm

Milestone Aviation Group’s orders at the 2015 Paris Airshow for 31 helicopters are encouraging for helicopter OEMs as it shows that leasing companies are still keen to place speculative orders. Operating lessors have ordered 63 helicopters in the first six

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Milestone signs for 28 H175 helicopters

Milestone signs for 28 H175 helicopters

Milestone Aviation Group, a GE Capital Aviation Services has increased its combined orders and options to a total of 28 H175s, the largest order for Airbus’ new super-medium-lift twin-engine rotorcraft. Richard Santulli, chairman of Milestone says: “We have full confidence

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