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Tag "Milestone"

Helitech 2018: A new Milestone

Helitech 2018: A new Milestone

It was an honour to be at the final Helitech International last week. Next year, Europe’s largest helicopter expo which has been running since 2009, will be rebranded as the Vertical Flight Expo and Conference – ten years after its

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Milestone leases five H145s to Aramco

Milestone leases five H145s to Aramco

GECAS’s leasing company Milestone Aviation and Airbus helicopters have signed a contract to provide five H145 helicopters to Saudi offshore oil company Aramco Overseas Company. The aircraft will be sourced from Milestone’s orderbook with Airbus and leased to Aramco. The

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Aramco to lease up to 21 AW139s from Milestone

Aramco to lease up to 21 AW139s from Milestone

Saudi Arabian energy firm Aramco has signed a renewal contract with helicopter lessor Milestone Aviation and Leonardo Helicopters for up to 21 AW139s. The GECAS-owned helicopter lessor and Leonardo were selected by Aramco Overseas Company to renew its helicopter fleet.

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Jeremy Akel joins Milestone

Jeremy Akel joins Milestone

Jeremy Akel has been appointed as the executive vice president of commercial aviation at Milestone after leaving Bristow in 2016. Mr Akel will take up the new position on 2 July 2018 and will be relocating to Dublin, Ireland in

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Milestone leases four H135s to ADAC, secures army order

Milestone leases four H135s to ADAC, secures army order

Milestone Aviation is to lease four H135s to German MRO firm ADAC. The helicopters will be operated by the German military for pilot-training operations. The Dublin-based lessor will source and deliver the aircraft quickly. The four helicopters will be taken

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Milestone leases eight AW139s to China EMS operator

Milestone leases eight AW139s to China EMS operator

Milestone Aviation has signed a deal with Chinese EMS operator Kingwing. The lessor has leased eight AgustaWestland AW139 helicopters to Shanghai Kingwing Aviation. The AW139s will fly on emergency medical services (EMS) operations, joining Kingwing’s existing fleet of 32 helicopters.

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Public large helicopter debt transactions – 2012-2017

Public large helicopter debt transactions – 2012-2017

Borrower: Waypoint Leasing Date: 5 September 2017 Size: $87.5 million Arranger: Sumitomo Mitsui Banking Corporation (SMBC) Comments: Alan Jenkins, CFO & COO of Waypoint: “We are very pleased that SMBC and MUFG have led this latest financing facility for Waypoint,

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Milestone places €200 million order with Airbus Helicopters

Milestone places €200 million order with Airbus Helicopters

Milestone has placed a €200 million firm order with Airbus Helicopters for H145, H135 and H175’s. The aircraft will be deployed into EMS and other parapublic segments, with delivery expected to begin in mid-2017. Milestone has a fleet of over

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CHC gets $450 million to exit C11 from Bain and Milestone

CHC gets $450 million to exit C11 from Bain and Milestone

Bain Capital, Milestone Aviation Group and other bondholders have agreed a combined $450 million plan support agreement to help CHC leave Chapter 11. Existing creditors led by Bain Capital are investing $300 million. Milestone has restructured leases and is also

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