Entries by kylehickman

The Milestone Aviation Group Limited Announces Proposed Private Offering of $350 Million of Senior Unsecured Notes

Dublin, Ireland, July 30, 2014 – The Milestone Aviation Group Limited (“Milestone”) today announced that it intends to offer (the “Offering”) $350 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”). Milestone intends to use the net proceeds of the Offering to pay down a portion of its secured debt. The […]

Airbus Helicopters Delivers Three Workhorse EC2225s to Milestone Aviation Group for African Oil and Gas Operations by SonAir

June 5, 2014 Airbus Helicopters Press Release The worldwide fleet of EC225s that perform heli-lift duties for oil and gas operators has increased by three with Airbus Helicopters’ triple delivery of workhorse rotorcraft acquired by Milestone Aviation Group and leased to SonAir – an African operator – which will utilize them in Angola. The handover […]

Milestone Aviation Group Surpasses US $2.2 Billion in Helicopters

Industry Leader Also Has an Additional US$ 3.0 Billion in Forward Orders ANAHEIM, CA, USA, February 24, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, today provided an operating update to the market in advance of Helicopter Association International’s Heli-Expo which includes information as of December 31, 2013. Milestone’s fleet, which ranges from […]

Milestone Aviation Group and SonAir Initiate Long-Term Partnership with Three Airbus Helicopter EC225’s

New Helicopters from Record Order to Join SonAir Oil and Gas Fleet in Angola Anaheim, California, 26 February 2014 – Today at Airbus Helicopters’ stand at the Heli-Expo exhibition, Milestone Aviation Group, the global leader in helicopter leasing, and SonAir, the largest African helicopter operator and a subsidiary of the Angolan national oil company Sonangol, […]

Milestone Aviation Group Leases World’s First Operational Sikorsky S-76D Helicopter to Trinidad and Tobago’s National Helicopter Services Limited

ANAHEIM, CA, USA, February 25, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, announced today at Helicopter Association International’s Heli-Expo that it has financed the delivery of a Sikorsky S-76D to Trinidad and Tobago’s National Helicopter Services Limited (NHSL). The NHSL, which is a joint venture between the Government of Trinidad and Tobago […]

Pratt and Whitney Canada and Milestone Aviation Group Sign US$ 75 Million, 15-Year Deal for New Helicopter Engine Fleet Management Program

ANAHEIM, CA (February 27, 2014)—Pratt & Whitney Canada (P&WC), a United Technologies Corporation company (NYSE:UTX), and Milestone Aviation Group, a global leader in helicopter leasing, today announced a US$ 75 million, 15-year agreement under which P&WC will offer its Flexible Turboshaft Engine Fleet Management program to Milestone customers. The agreement, signed today at HAI Heli-Expo, […]

Milestone Aviation Group Signs Contract to Purchase Eight New-Generation AgustaWestland Helicopters as Part of Landmark Framework Agreement

ANAHEIM, CA, USA, February 27, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, together with AgustaWestland, a Finmeccanica company, announced today at Helicopter Association International’s Heli-Expo that they have signed a purchase contract for eight new-generation AgustaWestland helicopters as part of the companies’ landmark framework agreement. The framework agreement was initially announced in September […]

PARTNERSHIP BETWEEN MILESTONE AVIATION GROUP AND TURBOMECA ACHIEVES LANDMARK

Strong, Growing Partnership Provides Significant Benefits to Helicopter Industry ANAHEIM, CA, USA, February 26, 2014 – Less than one year after launching a first-of-its-kind partnership offering unique services to Milestone customers, helicopter engine manufacturer Turbomeca (Safran) and Milestone Aviation Group, the global leader in helicopter leasing, celebrated a landmark with the announcement that the Milestone fleet […]

Milestone Aviation Group Signs Contract with Sikorsky Aircraft Corporation to Purchase Eight Additional S-92® Helicopters

Milestone’s S-92 Order Book Now at 37 Units Valued at More Than US$ 1.2 Billion ANAHEIM, CA, USA, Feb. 25, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, and Sikorsky Aircraft Corporation announced today at Helicopter Association International’s Heli-Expo that Milestone has increased its S-92 order book by eight units. Sikorsky is a subsidiary […]

AIN: Success Begets Success for Milestone Aviation Group

by  Rob Finfrock February 25, 2014, 3:45 AM “We are very bullish on the rotorcraft market, and on the future,” said Milestone Aviation Group managing director Robert Dranitzke. The company placed an exclamation point on that statement on the show’s opening day, as Milestone announced its fleet has grown to 143 helicopters valued at over […]