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 remainder, if any, of the net proceeds of the issuance will be used for general corporate purposes

The Notes will be senior unsecured obligations of Milestone. The Offering is subject to customary conditions, and there can be no assurances that the Offering will be consummated.

The Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction. As a result, they may not be offered or sold in the United States or to any U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Notes will be offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States under Regulation S under the Securities Act.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. The Offering will be made only by means of the confidential offering memorandum.

Safe Harbor for Forward-Looking and Cautionary Statements

This press release contains forward‑looking statements. Forward‑looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results business strategies, financing plans and potential growth opportunities.  Forward‑looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‑looking statements because of new information, future events or other factors.  In light of the risks and uncertainties described above, the forward‑looking events and circumstances discussed herein might not occur and are not guarantees of future performance.  Milestone’s actual results and performance could differ substantially from those anticipated in its forward-looking statements.

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Milestone Aviation Group is the world’s largest helicopter leasing company. Since launching in August 2010, and as of March 31, 2014, Milestone has acquired a fleet of 135 helicopters worth US $2.0 billion and supports 25 operators in 23 countries on six continents. The company has a forward order book of 145 firm and option aircraft with an estimated aggregate purchase price of US $3.4 billion. These near-term delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company +1 212-521-4894 / +1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

Ozan Kaya / Treasurer of Milestone Aviation Group +1 614 233-2337

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
788501899922267

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 ceremony in Marignane, France marked the latest such EC225 deliveries by Airbus Helicopters, with these rotorcraft expanding SonAir’s operating fleet, which already includes 12 EC225s, four AS332 L2s and three AS365 N3s.

Underscoring the importance of the event were the attendance of SonAir CEO João Andrade; a team of representatives from Milestone Aviation Group, a global leader in helicopter leasing; along with a representative of the oil and gas company as the end-user.

“This event celebrates our first deliveries to Milestone, emphasizing the EC225’s importance within the expanding helicopter leasing market,” said Airbus Helicopters CEO Guillaume Faury. “It also highlights the confidence SonAir accords to the EC225 as a powerful, and highly capable, helicopter for the most demanding missions.”

The helicopters delivered yesterday are part of Milestone Aviation’s record orders with Airbus Helicopters for 30 total EC225s, which were announced in 2012 and 2013.

“We are excited to commence a relationship with SonAir, Africa’s largest offshore oil and gas operator, with these three EC225s” explained Milestone Aviation’s managing director Robert Dranitzke. “As a true workhorse in offshore oil and gas operations, the EC225 continues to demonstrate its capability in the most demanding operational conditions – from the North Sea and Gulf of Mexico to Africa – and we are confident these aircraft will serve SonAir and its customers well in the years to come.”

SonAir is a subsidiary of the Sonangol Group, a structured aviation service provider in Angola, and the largest African helicopter operator. Its inventory of helicopters and fixed-wing aircraft provide services to major oil and gas companies as its core business.

“By further growing our EC225 fleet, SonAir’s customers will benefit from the performance delivered by this helicopter,” added SonAir’s Andrade. “The EC225 has become a mainstay of our operations, and proves its capabilities every day.”

The EC225 is Airbus Helicopters’ latest version of its Super Puma family, providing a high-performance rotorcraft in the 10-11 metric ton category. This heavy twin-engine helicopter’s modern technologies, excellent useful load, five-blade main rotor and low vibration levels make it an efficient solution for oil and gas missions – including offshore and passenger transport as well as search and rescue (SAR) operations.

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 light-single to heavy-twin helicopters, now includes 143 aircraft valued at more than US $2.2 billion. The aircraft are leased to helicopter operators providing mission-critical services to offshore oil and gas, emergency medical services, search and rescue and other utility missions. The fleet, which has an average age of less than three years, is comprised of aircraft from original equipment manufacturers (OEM’s) Sikorsky, Bell, Airbus Helicopters and AgustaWestland. The company has leases with 26 world-class operating partners working in over 20 countries on six continents.

Additionally, Milestone has firm and option orders with AgustaWestland, Airbus Helicopters and Sikorsky for over 130 helicopters valued at over US $3.0 billion at list prices delivering over the next five years. Milestone’s order book allows them to provide increased value to their partners by offering near-term delivery positions of in-demand aircraft.

Milestone Chairman and CEO Richard Santulli said, “Our strong growth has continued through 2013 and into 2014, and we are excited about our company’s future. We are incredibly thankful for the support we have received from our partners in the operating community, the OEM’s, service providers and financial institutions and investors who have made our growth possible. I am particularly proud of our team’s performance in delivering value and service to our customers. We look forward to providing additional capital, helicopters and ancillary support services to high-quality helicopter operators around the world.”

The company executed ten new financing facilities totalling US $2.2 billion in 2013. These facilities tapped multiple markets, including bank lending, life insurance companies and the Export-Import Bank of the United States.  Some highlights include the first Ex-Im backed bond for the helicopter market, a US $600 million secured revolver, a US $200 million unsecured revolver, a US $80 million PDP facility and a US $575 million private placement with an investment grade corporate rating from Kroll. Milestone now has more than 40 financing partners and ample resources to execute its business plan.

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Notes to the Editor:

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the global leader in helicopter leasing. Since launching in August 2010, and as of December 31, 2013, Milestone has acquired 143 aircraft valued at over US $2.2 billion and closed leases with 26 operators in over 20 countries on six continents. The company has a forward order book of over 130 firm and option aircraft valued at over US $3.0 billion. These near-term delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894+1 212-521-4894 / +1 212-521-4804+1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

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, announced that three of Milestone’s record order for 30 of Airbus Helicopters’ EC225’s will begin performing airlift duties for Angola’s oil and gas sector.

The arrangements announced today are part of a newly launched, long-term partnership between Milestone and SonAir to continue serving the oil and gas industry in the region.

Deliveries of the new EC225s are planned during the first and second quarters of 2014, with the helicopters joining Airbus Helicopters-built EC225, AS332 L2 and AS365 N3 rotorcraft already in the SonAir fleet.

“As the largest African oil and gas helicopter operator, we rely on the EC225, with its range, capacity and overall performance, to perform challenging missions in tropical environments. This transaction for near-term EC225 deliveries allows us to maintain our leadership position in the offshore oil and gas market,” said SonAir CEO João Andrade. “Milestone has provided us with customized, flexible terms on operating leases for EC225’s that meet our needs, allowing us to fulfill the requirements of our customers, delivering value and operational leverage for our company.”

Milestone Aviation Group is headquartered in Dublin, Ireland, and has concluded more than US$ 2.0 billion in lease transactions with customers that range from the largest global helicopter users to small- and mid-sized operators.

“SonAir is one of the world’s great helicopter operators and Angola is an important and growing region for offshore oil and gas production,” said Milestone Chairman and CEO Richard Santulli. “We are proud to announce what we intend to be a long and mutually beneficial partner with SonAir. It is a testament to the global demand and desirability of the EC225 and our strong relationship with Airbus Helicopters that we are able to meet SonAir’s requirements and initiate our partnership at this time.”

The EC225 is Airbus Helicopters’ latest version in its Super Puma family, providing a high-performance rotorcraft in the 10-11 metric ton category.  This heavy twin-engine helicopter’s modern technologies, excellent useful load, five-blade main rotor and low vibration levels make it an efficient solution for oil and gas missions – including offshore and passenger transport as well as search and rescue (SAR) operations.

“This leasing arrangement with SonAir is another endorsement of the EC225’s capabilities to serve in the most demanding operating environments,” added Dominique Maudet, Airbus Helicopters’ Executive Vice President Global Business and Services.  “Worldwide, some 30 different companies are flying the EC225, with the helicopter logging over 300,000 flight hours to date.”

About SonAir (www.sonair.co.ao)

SonAir Serviço Aereo, SA, a subsidiary of Sonangol Group, is a structured aviation operator in Angola, using both helicopters and planes, providing services to all major Oil&Gas companies as its core business and also to the State as complementary business. SonAir started as an aviation department and today, after 30 years in the industry operates a fleet of over 25 helicopters. SonAir´s mission is to provide safe and reliable air transportation services, assuring an optimal economic balance. SonAir is today the largest African helicopter operator and 90% of the fleet is dedicated to the Oil and Gas, flying both offshore and onshore. The onshore flying is also supported by fixed wing activity. The workforce rounds about 1000 employees, mainly nationals: the expat workforce is less than 15%. Internationally, SonAir also offers a closed charter, direct service from the US to Angola dedicated to the Energy industry. Our vision is to be the leading operator of air transportation in support of the national Oil and Gas Industry, with regional expansion, acting safely, with quality and competitively.

About Milestone Aviation Group (www.milestoneaviation.com)

Milestone Aviation Group is the world’s largest helicopter leasing company. Since launching in August 2010, and as of March 31, 2014, Milestone has acquired a fleet of 135 helicopters worth US $2.0 billion and supports 25 operators in 23 countries on six continents. The company has a forward order book of 145 firm and option aircraft with an estimated aggregate purchase price of US $3.4 billion. These near-term delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

This press release contains forward-looking statements. Forward-looking statements involve risks and uncertainties, since these statements include information concerning future results and performance, plans or strategies. Forward-looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update any forward-looking statements. In light of these risks and uncertainties, actual results and performance could differ substantially from current expectations.

About Airbus Helicopters (www.airbushelicopters.com)

Airbus Helicopters, formerly Eurocopter, is a division of Airbus Group, a global pioneer in aerospace and defense related services. Airbus Helicopters is the world’s No. 1 helicopter manufacturer and employs more than 23,000 people worldwide. With 46 percent market share in civil and parapublic sectors, the company’s fleet in service includes some 12,000 helicopters operated by more than 3,000 customers in approximately 150 countries. Airbus Helicopters’ international presence is marked by its subsidiaries and participations in 21 countries, and its worldwide network of service centers, training facilities, distributors and certified agents. Airbus Helicopters’ range of civil and military helicopters is the world’s largest; its aircraft account for one third of the worldwide civil and parapublic fleet. The company’s chief priority is to ensure the safe operation of its aircraft for the thousands of people who fly more than 3 million hours per year.

For more information please contact:

MEDIA CONTACTS FOR AIRBUS HELICOPTERS:

Stéphane Chéry                                                                  Lisa Dimino

Tel: + 33 (0)4 42 85 60 51+ 33 (0)4 42 85 60 51                                                   Tel: + 33 (0)4 42 85 51 31+ 33 (0)4 42 85 51 31

Mob: + 33 (0)6 23 93 71 23+ 33 (0)6 23 93 71 23                                                Mob: + 33 (0)6 99 07 13 50+ 33 (0)6 99 07 13 50

stephane.chery@eurocopter.com                                      lisa.dimino@eurocopter.com

Heather Couthaud                                                               Gloria Illas

Tel: + 33 (0)4 42 85 59 64+ 33 (0)4 42 85 59 64                                                   Tel: + 33 (0)4 42 85 58 89+ 33 (0)4 42 85 58 89

heather.couthaud@eurocopter.com                                   Mob: +33 (0) 6 31 47 08 99+33 (0) 6 31 47 08 99

gloria.illas@eurocopter.com

Julia Sailer                                                                           Priscilla Yip

Tel: + 49 (0)906 71 2129                                                     Tel: +65 6592 7217+65 6592 7217

Mob: + 49 (0) 151 26 45 09 97+ 49 (0) 151 26 45 09 97                                           Mob: +65 9660 7040+65 9660 7040

Julia.sailer@eurocopter.com                                              Priscilla.yip@eurocoptersea.com.sg

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894+1 212-521-4894 / +1 212-521-4804+1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

 

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 and The National Gas Company of Trinidad and Tobago, is the largest helicopter operator in Trinidad and Tobago. The company will use the helicopter to provide offshore services to Repsol, the multinational energy company that operates several natural gas platforms off the coast of Trinidad. This is the first S-76D ever to be put into commercial operation and it is the first delivery from Milestone’s order of 20 firm and option S-76Ds.

“We are delighted to celebrate our partnership with NHSL with the first lease of the world’s first commercially operating S-76D,” said Walter Horsting, Milestone Senior Vice President. “It’s easy to see why there has been such tremendous demand for this aircraft. The 76D builds on Sikorsky’s highly regarded S-76 series and is ideally suited for these types of offshore operations. We are pleased to work with such a first-class operator as the NHSL as they continue to expand their fleet.”

“We are very excited to work with Milestone to add this state-of-the-art aircraft to our growing fleet,” said Joshey Mahabir, General Manager of NHSL. “As the largest operator in Trinidad and Tobago with a firm commitment to safety, we look forward to enhancing our service for our clients at Repsol.”

This is the seventh helicopter in NHSL’s all-Sikorsky fleet. In addition to this new S-76D, the service also operates three S-76A and three S-76C aircraft.

The latest in the highly successful Sikorsky S-76 family of helicopters, the S-76D delivers the same safety, reliability and efficiency as its predecessors, but with faster cruise speed and a more efficient fuel burn. The S-76D baseline equipment includes powerful and efficient Pratt & Whitney Canada PW210S engines; an advanced THALES TopDeck® integrated avionics system and four-axis autopilot; Health and Usage Monitoring System (HUMS) incorporated into fleet monitoring and analysis through Sikorsky Aerospace Services; active vibration control; and all-composite, flaw-tolerant main rotor blades. A Rotor Ice Protection System (RIPS) for all-weather capability will be available as an option.

The Milestone lease is fully backed by Sikorsky’s comprehensive Parts-by-the-Hour (PBH) and Parts Replacement programs.

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Notes to the Editor:

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the global leader in helicopter leasing. Since launching in August 2010, and as of December 31, 2013, Milestone has acquired 143 aircraft valued at over US$ 2.2 billion and closed leases with 26 operators in over 20 countries on six continents. The company has a forward order book of over 130 firm and option aircraft valued at over US$ 3.0 billion. These delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894+1 212-521-4894 / +1 212-521-4804+1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

 

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, will provide P&WC’s customized engine maintenance support to helicopter operators worldwide leasing through Milestone. Initially 25 helicopters with P&WC PT6C-67C engines will be covered under the fleet management program with the intent to expand the scope to include PW210S, PW210A, PT6C-67E, PT6B-37A, PT6T and PW207C engine models in the future.

“With more than 3,700 P&WC-powered helicopters flying globally, the helicopter market is a vital part of our portfolio and effectively supporting the needs of these operators is paramount,” said John Di Bert, Vice President, Customer Service, P&WC. “We are particularly excited to join forces with Milestone – a market leader that leverages both its scale and its deep operating expertise to provide its customers with unique benefits.  Together, we will deliver a fleet management program that is tailored specifically for individual operators and provides the peace of mind and predictability of guaranteeed future maintenance costs.”

The engine fleet management program will also offer helicopter operators who lease through Milestone a turnkey contractual framework that easily facilitates enrollment.

“The agreement to deliver P&WC’s fleet management program to helicopter lessees is a testament to our mission to provide unique solutions to our customers that help preserve their capital, reduce their risk and improve their cash flow,” said Matthew Harris, Chief Operating Officer, Milestone Aviation Group. “Pratt & Whitney Canada shares our passion for delivering exceptional customer service. Backed by their 40 years of Turboshaft engine expertise, we have created a flexible offering that best meets the support requirements of the growing number of operators benefiting from helicopter leasing.”

The longstanding relationship between P&WC and Milestone, which started with the first contracted PW206C in 2010, has expanded to include more than 160 P&WC engines across all variants.

About Pratt & Whitney Canada (P&WC)

Founded in 1928 and a global leader in aerospace, P&WC is shaping the future of aviation with dependable, high-technology engines. Based in Longueuil, Quebec (Canada), P&WC is a wholly owned subsidiary of United Technologies Corp. (UTC). UTC is a diversified company that provides a broad range of high-technology products and services to the global aerospace and building systems industries.

About Milestone Aviation Group

Milestone Aviation Group is the global leader in helicopter leasing. Since launching in August 2010, and as of December 31, 2013, Milestone has acquired 143 aircraft valued at over US$ 2.2 billion and closed leases with 26 operators in over 20 countries on six continents. The company has a forward order book of over 130 firm and option aircraft valued at over US$ 3.0 billion. These delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

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For more information:

MEDIA CONTACT FOR PRATT & WITHNEY CANADA

Catherine Fisette, P&WC

450-647-7-9411 7-7074

catherine.fisette@pwc.ca

www.pwc.ca

Follow us on Twitter at https://twitter.com/pwcanada for the latest news and updates.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894+1 212-521-4894 / +1 212-521-4804+1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

 

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 2013. The contract for five AW139 and three AW189 helicopters will deliver by year-end 2014. The framework agreement, which covers 44 firm and option aircraft delivering over the next four years, when fully executed, represents the largest civilian helicopter sale in AgustaWestland history.

“We are pleased to expand our partnership with AgustaWestland across its family of aircraft,” said Milestone’s Chairman and CEO Richard Santulli. “We believe that the AW189 is going to serve an important role in passenger transport for the offshore oil and gas industry and search and rescue, so we are excited to be one of the launch customers for this state-of-the-art rotorcraft.”

“As the world’s largest helicopter lessor, Milestone has cultivated customer relationships on six continents giving us the confidence that they can lease this level of AgustaWestland equipment,” said AgustaWestland CEO Daniele Romiti. “Our partnership with Milestone provides operators with another way to gain access to AgustaWestland’s product line, allowing them to experience the tremendous benefits offered from the commonalities across the AW139, AW169 and AW189 family.”

The framework order is comprised of AW169 light intermediate, AW139 intermediate, and AW189 eight-ton class twin-engine helicopters.

Milestone had 31 AgustaWestland aircraft in its fleet as of December 31, 2013. These aircraft are on lease to operators in Asia, Australia, Europe and the Americas serving the offshore oil and gas, emergency medical service and search and rescue industries. The new aircraft will be made available for lease to Milestone’s partners and operators globally.

###

Notes to the Editor:

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the global leader in helicopter leasing. Since launching in August 2010, and as of December 31, 2013, Milestone has acquired 143 aircraft valued at over US$ 2.2 billion and closed leases with 26 operators in over 20 countries on six continents. The company has a forward order book of over 130 firm and option aircraft valued at over US$ 3.0 billion. These delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894 / +1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

FOR AGUSTAWESTLAND:

Lauren Slepian

+ 1 267-357-0739

Lauren.Slepian@agustawestland.com

 

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 has surpassed 100 Turbomeca engines. As of December 31, 2013, the Milestone fleet included 106 Turbomeca engines with an additional 56 engines on firm and option order.  This unprecedented growth gives Milestone customers unique benefits and value associated with this level of scale.

By leasing Turbomeca powered products through Milestone, customers can better control their maintenance costs and maximize the availability of their aircraft through the novel engine support solutions made available through the relationship – including access to Turbomeca’s Support by the Hour (SBH) program.

“Turbomeca manufactures exceptional products and cares greatly about serving the market and its customers,” said Milestone Chairman and CEO Richard Santulli. “When we launched this partnership, Turbomeca joined us in developing innovative ways to deliver high levels of service and customer support to small and mid-sized helicopter operators that are typically only made available to large-fleet operators. We look forward to working with Turbomeca as we continue to deliver increased value to Milestone lessees for years to come.”

“Our first year of partnership with Milestone has delivered clear value to our organizations and the helicopter lessees for whom it was designed” said Olivier Andries, Chairman and CEO of Turbomeca. “Through facilitating access to our SBH program and preferred access to the Turbomeca pool of assets we have enhanced aircraft serviceability and availability of the latest-standard engines”.

“We would like to congratulate Milestone for their exceptional growth and thank them for having chosen Turbomeca as their first engine partner. We are excited to pursue our collaboration and answer the needs of the market through innovative engine and support solutions.”

###

Notes to the Editor:

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the global leader in helicopter leasing. Since launching in August 2010, and as of December 31, 2013, Milestone has acquired 143 aircraft valued at over US$ 2.2 billion and closed leases with 26 operators in over 20 countries on six continents. The company has a forward order book of over 130 firm and option aircraft valued at over US$ 3.0 billion. These delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

ABOUT TURBOMECA (SAFRAN)

Turbomeca (Safran) is the leading helicopter engine manufacturer, and has produced 70,000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,500 customers in 155 countries, Turbomeca provides a proximity service thanks to its 17 sites, 28 Certified Maintenance Centers, 18 Repair & Overhaul Centers, and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units. For more information: www.turbomeca.com and www.safran-group.com .

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894 / +1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

MEDIA CONTACTS FOR TURBOMECA:

Bettina FREY, Communications

+33 (0)5 59 12 53 66

www.turbomeca.com

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 of United Technologies Corp. (NYSE:UTX).

Milestone is already one of the world’s largest S-92 owners and with today’s announcement, it has increased its firm and option S-92 orders to 37 aircraft valued at more than US$ 1.2 billion. The forward orders are scheduled to deliver over the next five years with 15 scheduled for completed delivery in 2014 and 2015; more than half of which are already on lease or under letter of intent.

“The S-92 is a great helicopter and vital component of the offshore oil-and-gas, and the search-and-rescue markets,” said Milestone’s Chairman and CEO Richard Santulli. “We are pleased to expand our partnership with Sikorsky with these eight additional units. This will allow us to serve helicopter operators around the world with near-term delivery positions of this highly sought-after aircraft.”

“Milestone has quickly become one of our largest and fastest-growing customers,” said Carey Bond, president, Sikorsky’s Commercial Systems & Services. “This innovative company has provided a valuable service to the helicopter community in the form of 100% financing and near-term delivery positions of the world’s most in-demand, heavy-twin helicopter, the S-92. We are excited to grow our partnership with this order for eight more.”

Milestone already has 73 Sikorsky aircraft in its fleet today, including 45 S-92’s and 28 S-76 family aircraft including four of the brand new S-76D aircraft. These aircraft are on lease to operators in Asia, Australia, Europe, North America and South America serving the offshore oil and gas, search and rescue and emergency medical service industries. The new aircraft will enter into service globally in support of Milestone’s lessees serving offshore oil and gas transportation services, helicopter-based emergency medical service (HEMS), search and rescue (SAR), para-public and other utility missions.

Since entering service in September 2004, the S-92 has become one of the world’s leading helicopters.  Worldwide, more than 200 of the aircraft have logged more than 600,000 flight hours to date. Offshore oil operators fly the aircraft for an average of 90–110 hours per month in often challenging conditions. In addition to serving the offshore oil segment, the S-92 helicopter performs Head of State missions, search and rescue (SAR) operations as well as a variety of transportation missions for utility and airline passengers.

The aircraft incorporates numerous safety features, including a flaw-tolerant design. It was certified to harmonized Federal Aviation Administration, European Aviation Safety Agency and Transport Canada Part 29 requirements, as amended through Amendment 29-47, and remains the only aircraft in its class that is certified to this rigorous airworthiness standard without exception or waiver.

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Notes to the Editor:

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the global leader in helicopter leasing. Since launching in August 2010, and as of December 31, 2013, Milestone has acquired 143 aircraft valued at over US$ 2.2 billion and closed leases with 26 operators in over 20 countries on six continents. The company has a forward order book of over 130 firm and option aircraft valued at over US$ 3.0 billion. These delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. The company provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Further information is available at www.milestoneaviation.com.

ABOUT SIKORSKY AIRCRAFT CORPORATION

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture and service. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the aerospace and building systems industries worldwide.

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894 / +1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com

MEDIA CONTACT FOR SIKORSKY AIRCRAFT CORPORATION:

Callie Ferrari / Communications Manager

Sikorsky Aircraft Corporation

+1 203-383-7150

Callie.Ferrari@Sikorsky.com

Milestone Aviation Group Closes US$ 200 Million Unsecured Revolving Credit Line

Dublin, Ireland (January 9, 2014) – Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and revolving borrowing capacity to US$ 800 million. Today’s announcement follows on the heels of the company’s January 7, 2014 announcement that it had successfully completed the private placement of US$ 575 million of senior secured notes.

“This revolver increases Milestone’s liquidity and provides greater financial flexibility to exploit the many opportunities we see to grow our business and serve our customers,” said Milestone’s Chairman and CEO Richard Santulli. “We believe that receiving this level of support in an unsecured facility from such an impressive group of financing partners reflects confidence in Milestone and our business model. We will use these additional resources to respond quickly to the needs of our operating partners around the world.”

A global mix of seven lenders participated in the facility. SunTrust Robinson Humphrey, Inc. served as Joint Lead Arranger and Sole Bookrunner and JPMorgan Securities LLC and Deutsche Bank Securities Inc. served as Joint Lead Arrangers. The other participating lenders include: Jefferies Finance LLC; Nomura Corporate Funding Americas, LLC; Bank of America, N.A.; and The Huntington National Bank.

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Notes to the Editor:

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the global leader in helicopter leasing. The company partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. Milestone provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Since launching in August 2010, and as of September 30, 2013, Milestone had acquired more than 115 helicopters valued at over US$ 1.7 billion and closed leases with 25 operators in over 20 countries on six continents. Further information is available at www.milestoneaviation.com.

This press release contains forward‐looking statements. Forward‐looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results or performance, operations, business strategies, financing plans and potential growth opportunities. Forward‐looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward‐looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward‐looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward‐looking statements.

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company

+1 212-521-4894 / +1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com