Milestone signs for 16 EC225s


Deal valued at $480 million and will be delivered over five years starting in 2013

Milestone Aviation
Group and Eurocopter have announced an order for 16 EC225 aircraft. These
aircraft are valued at €362 million ($480 million) and will be delivered over
five years, starting in 2013.

Richard Santulli, chairman of
Milestone Aviation Group, said, “This historic order enables Milestone to
provide our customers with the best aircraft and product options available. The
EC225 has a great pedigree and a reputation for providing leadership in safety
and high reliability in demanding operating conditions.” He continued, “I
leased all of the original Super Pumas, the EC225’s predecessor, delivered in North America in the 1980’s with my old company RTS
Helicopters, so this deal signals the resumption of a very important

“The EC225 is a remarkable aircraft
and we are excited to be able to offer it to a broader audience of potential
operators through our partnership with Milestone,” said Lutz Bertling,
Eurocopter president and chief executive officer.

Bertling continued “By removing the
capital hurdle associated with ownership we are hopeful that we can introduce
the EC225 to more operators around the world.”

“We are honoured that Eurocopter has shown this trust in Milestone by
partnering on the EC225”, said William Kelly, the Milestone chief executive.
“We look forward to working closely with our partners as we place these
helicopters with high-quality operators around the world providing mission
critical services in the oil and gas industry, parapublic services, mining and
search and rescue”

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