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 months of 2015.

Lower oil prices mean that lessors are having a tougher time placing helicopters that are being delivered this year but leasing companies are ordering for two or three years ahead.

Milestone now has outstanding orders and options for 117 helicopters worth $2.4 billion at list price. Waypoint Leasing also has firm and option orders with aircraft manufacturers for more than 95 helicopters valued at more than $1.4 billion, to be delivered over the next five years. Lease Corporation International has ordered and placed options for 90 helicopters, worth more than $1.3 billion.

 

 

 

Date Helicopter leasing company Helicopter manufacturer Order Options
June 15, 2015 Milestone Aviation Group Airbus Helicopters 9 H175s

 

Increased 2013 order to 28 H17fs
June 15, 2015 Milestone Aviation Group Bell Helicopter 20 Bell 525 (LOI)
June 9, 2015 Milestone Aviation Group AgustaWestland 3 AW139s
March 3, 2015 Waypoint Leasing Bell Helicopter 20 Bell 525s Undisclosed
February 2015 Lease Corporation International AgustaWestland 11 mixed fleet ($125 million)
February 25, 2014 Milestone Aviation Group Sikorsky 8xS-92s
February 25,2014 Waypoint Leasing Airbus Helicopers 12 EC225 and 25 EC145 T2
February 25,2014 Lease Corporation International Airbus Helicopters Up to 21 helicopters worth $645 million
February 25,2014 Lease Corporation International AgustaWestland 14xAW139s, 4xAW189
2013 Macquarie Rotorcraft Sikorsky 2xS-92A, 2x S-76D
June 17,2013 Lease Corporation International AgustaWestland 5 x AW139s, 3 x AW169s, 2 x AW189s Includes firming of options from     Feb 2012 order
March 6, 2013 Waypoint Leasing AgustaWestland 4 helicopters
March 2013 Milestone Aviation Group Sikorsky 7 x S-76Ds 10 x S-76Ds
March 2013 Milestone Aviation Group Sikorsky 23 x S-92s 14 x S-92s
March 2013 Milestone Aviation Group Airbus Helicopters 14 x EC225s
March 2013 Milestone Aviation Group Airbus Helicopters 5 x EC175s
August 2012 Milestone Aviation Group Sikorsky 19xS-92s
February 2012 Milestone Aviation Group Eurocopter 16xEC225s
February 2012 Milestone Aviation Group Sikorsky 3xS-92s
February, 2012 Lease Corporation International AgustaWestland 10 x AW139, 12 x AW189, 12 x AW169
October 2011 Milestone Aviation Group American Eurocopter Five EC130B4
June 2011 Milestone Aviation Group Sikorsky One S-92 and two S-76 C++
December 2010 Milestone Aviation Group Sikorsky Five S-76C++

Source: Helicopter Investor

Alasdair Whyte

Alasdair launched Corporate Jet Investor and Helicopter Investor in 2010. He has more than 15 year's experience as a financial journalist and has specialised in aviation for much of this time. As well as editing the website, Alasdair helps to organise our international conferences and events. He also regularly chairs them as well as other industry gatherings.

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