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 60 Airbus, comprised of H130, H135, H145, H155, H175 and H225’s. The overall cost of the aircraft is nearly $1 billion.

“Milestone was very active in emergency medical services and other parapublic segment in 2016, and this order gives us near-term availability for H145 and H135 aircraft to support growing demand for new technology in these segments,” said Milestone president and CEO, Daniel Rosenthal.

The lessor acquired 10 H145s in 2016 – mainly operating in global EMS missions – and belives tere is significant opportunity for light-twin aircraft in the sector.

“We are honoured to partner with Milestone and General Electric. As the owner of the largest and most diverse fleet of commercial Airbus Helicopters in the world, they have truly innovated the helicopter industry and are uniquely placed to bring new technology and financing solutions to operators across missions,” said Guillaume Faury, CEO of Airbus Helicopters.

“We are very pleased that Milestone is supporting operators with Airbus helicopters across diverse segments of the industry such as emergency medical services, police surveillance, search and rescue, utility, fire-fighting and oil and gas crew transport.”