Milestone Establishes Partnership with Rotortrade for the Sale of Airbus H225 and Bell 412 Helicopter Portfolio
ATLANTA, GA – Wednesday, March 08, 2023 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has signed a Memorandum of Understanding (MOU) for the sale of up to seven helicopters to Rotortrade, a global helicopter distributor.
The seven-helicopter portfolio includes a mix of Airbus H225 and Bell 412 helicopters which will be delivered to Rotortrade over the coming months.
“We are pleased to partner with Rotortrade for the sale of these helicopters. This transaction is evidence of the maturity of the Milestone platform and our robust portfolio management strategy which is a key component of our success,” said Pat Sheedy, the CEO of Milestone Aviation. “We look forward to continuing our partnership with Rotortrade whose global reach offers the potential for many exciting opportunities ahead.”
"We are delighted to have signed this agreement with Milestone Aviation, one of the most respected names in the helicopter leasing industry," said Philippe Lubrano, CEO of Rotortrade. "This partnership showcases our expertise and experience in the H225 segment, and we look forward to having Milestone's high-quality helicopters in our inventory."
About Milestone
Milestone Aviation Group, an AerCap company, is the world’s leading helicopter leasing and financing company. Milestone partners with helicopter operators worldwide, providing a wide array of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory. The company supports over 50 customers in more than 40 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining, fire-fighting, and other utility missions. www.milestoneaviation.com
About AerCap
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around the world.
About Rotortrade
Rotortrade is the leading global helicopter dealer and sole international distributor of Leonardo’s pre-owned helicopters. Its extensive network throughout the spectrum of the industry enables it to acquire and carry a broad fleet of aircraft from all major manufacturers providing its clients full end-to-end and fully secured services. Rotortrade has 10 dealerships around the world with offices in Florida, Kuala Lumpur, London, Los Angeles, Melbourne, Mexico City, Marseille, Paris, Riyadh, Singapore, Sarajevo and Shanghai. For more information, please visit www.rotortrade.com
Forward-Looking Statements
This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are “forward-looking statements”. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “may,” “might,” “should,” “expect,” “plan,” “intend,” “will,” “aim,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue” or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Ukraine Conflict, the Covid-19 pandemic, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.