Milestone announces Purchase Leaseback with NHV for a AW169 helicopter

Milestone Aviation has signed a Purchase/Leaseback (PLB) arrangement for a AW169 helicopter with Belgian-based operator NHV Group.

The AW169 helicopter delivered earlier this month will support missions in the UK for Italian oil and gas company ENI. It will be based in Blackpool, United Kingdom.

Thomas Hütsch, chief operating officer at NHV, said: “This aircraft will enable us to continue delivering flexible and customer-friendly, but above all safe operations. Our offshore fleet has an average age of just nine years, one of the youngest in the industry.”

This is the ninth aircraft partnership between NHV and Milestone and the first AW169.

François Arnaud, senior vice president, Commercial Europe and Latin America at Milestone, said, “It is our second deal announcement with them this year. We are proud to continue building our partnership with NHV.”

Milestone already leases eight aircraft to NHV, deployed across a variety of missions including oil and gas, EMS, windfarm operations, and military training, including two each of AW139, EC145C2, H145T2, and H145D3 helicopters.