Milestone Signs Lease Agreements for Two New Leonardo AW189 Helicopters with CHC Helicopter
DALLAS, TX – March 10, 2025 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed long-term lease agreements for two new Leonardo AW189 helicopters with CHC Helicopter (“CHC”). The announcement was made during Verticon, formerly HAI Heli-Expo, in Dallas, Texas.
The aircraft are scheduled for delivery in the second and fourth quarters of 2025, respectively, and will be used by Aker BP to support offshore operations in Norway.
“Milestone is delighted to strengthen its partnership with CHC through the lease of these two new technology Leonardo AW189s,” said Pat Sheedy, the Chief Executive Officer of Milestone. “This transaction further highlights Milestone’s unrivaled platform, a key competitive advantage that allows us to execute complex transactions with speed. We remain committed to investing in next-generation helicopters in the Super-Medium category, supporting our customers with their ongoing fleet requirements.”
“At CHC, we’re committed to providing our customers with the best possible service. With our global operational expertise and Milestone’s flexible, innovative solutions, we can ensure customers benefit from the right aircraft strategy, expert support, and industry knowledge they need to operate with total confidence,” said Tom Burke, Chief Executive Officer, CHC. “Long-term, sustainable contracts, such as our agreement with Aker BP, offer stability and certainty for all parties involved. They enable helicopter operators to invest in personnel and innovate new technologies and capabilities, ensuring customers consistently receive highly specialized, safe, and reliable services that meet their current and evolving needs.”
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 approximately 50 customers in approximately 35 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 and other locations around the world.
About CHC
CHC Helicopter is a global leader in the provision of helicopter support to the offshore energy market, search & rescue, and government departments, as well as organizations requiring helicopter maintenance, repair, and overhaul services through the Heli-One division. For more than 75 years, CHC has provided safe, reliable, and cost-effective helicopter services in some of the most remote and challenging environments around the world. Our dedication to safety and reputation for quality and innovation ensures we continue to support our customer’s journeys and success.
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