Milestone Aviation Commits to AgustaWestland Order

 - September 26, 2013, 3:23 PM

Helicopter leasing firm Milestone Aviation Group announced yesterday at HeliTech a multi-year framework agreement to purchase an unspecified, but “significant,” number of AgustaWestland AW139s, AW169s and AW189s.

These aircraft will enter service worldwide in support of Milestone’s lessees serving offshore oil and gas transportation services, aeromedical transport, search-and-rescue operations, para-public and other utility missions.

“Our agreement with AgustaWestland enables Milestone to continue to expand globally and to provide our customers with near-term deliveries of the state-of-the-art rotorcraft that they require,” said Milestone chairman and CEO Richard Santulli. “We have experienced strong demand for AgustaWestland aircraft, so we are thrilled to be expanding our partnership.”

Milestone Aviation currently has 18 AgustaWestland helicopters in its fleet on lease to operators in Asia, Australia, Europe and the Americas serving the offshore oil and gas and emergency medical service industries. The company has eight more AgustaWestland helicopters under letter of intent. Milestone expects these aircraft to be delivered and on lease within the next 12 months. The agreement announced yesterday would be in addition to these 26 helicopters, Milestone said.