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
Milestone Aviation Group has agreed to lease two Bell 412SP helicopters to FAASA Aviacion S.A., to support the Spanish company’s expanded firefighting services. The two helicopters, owned by Milestone, were previously on lease to a Brazilian operator and used in
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
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
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
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
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
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.
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
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
