Milestone Signs Lease Agreements for Seven Helicopters with Omni Helicopters International
DALLAS, TX – March 10, 2025 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed lease agreements with Omni Helicopters International (“OHI”) for seven helicopters. The transactions include the lease of two Airbus H145s, one Airbus H135, one new Airbus H160 and one new Airbus H175, in addition to lease extensions on two Sikorsky S92 helicopters. The announcement was made during Verticon, formerly HAI Heli-Expo, in Dallas, Texas.
The aircraft are scheduled for delivery between now and the second quarter of 2025. The delivery of the Airbus H160 marks Milestone’s first placement in Brazil, where the helicopter will be used by Petrobras – a Brazilian state-owned multinational corporation in the petroleum industry, to support oil and gas projects.
“We are proud to be part of OHI’s continued growth story and particularly pleased to be placing our first Airbus H160 in Brazil,” said Pat Sheedy, the Chief Executive Officer of Milestone. “OHI has been a valued partner of Milestone for many years, and this transaction reinforces our strong partnership and highlights their ambitious fleet expansion plans and the significant growth in the Brazilian oil and gas sector. We wish the entire Omni team continued success.”
Duncan Moore, COO of OHI added, “We are delighted to take delivery of these latest generation light twin, medium and super medium helicopters, to support new and existing contracts both offshore and in new onshore markets. These latest generation and highly efficient types ensure we can continue to serve our customers who demand efficiency, platform sustainability and new technology. These additional aircraft underpin our commitment to growing our fleet, creating optionality for our customers and de-risking operations for our customers. We’re also delighted to be expanding our partnership with Milestone in bringing these aircraft to our fleet.”
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 Omni Helicopters International:
Omni Helicopters International Group (OHI) stands at the forefront of Latin America's air mobility and delivery solutions sector. As the region's largest provider of these services, OHI caters to diverse customer groups across multiple segments, ensuring seamless and efficient solutions. Through its subsidiaries Omni Taxi Aéreo in Brazil, Omni Helicopters Guyana Inc., and Omni Helicopters International Mozambique, OHI offers unmatched capability and capacity to serve offshore customers in the fastest growing offshore energy markets. The company's extensive portfolio includes Crew Change, Emergency Medical Services (EMS), Firefighting, Search and Rescue operations, as well as highly specialized Cargo and Utility services in remote and challenging locations. In line with its commitment to innovation and sustainability, OHI has introduced two groundbreaking ventures: OHI Unmanned, a specialist division focusing on unmanned aerial vehicles (UAV) services, and Revo, a premium advanced air mobility (AAM) solution provider.
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 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, including but not limited to the availability of capital to us and to our customers and changes in interest rates; the ability of our lessees and potential lessees to make lease payments to us; our ability to successfully negotiate flight equipment (which includes aircraft, engines and helicopters) purchases, sales and leases, to collect outstanding amounts due and to repossess flight equipment under defaulted leases, and to control costs and expenses; changes in the overall demand for commercial aviation leasing and aviation asset management services; the continued impacts of the Ukraine Conflict, including the resulting sanctions by the United States, the European Union, the United Kingdom and other countries, on our business and results of operations, financial condition and cash flows; the effects of terrorist attacks on the aviation industry and on our operations; the economic condition of the global airline and cargo industry and economic and political conditions; the impact of hostilities in the Middle East, or any escalation thereof, on the aviation industry or our business; development of increased government regulation, including travel restrictions, sanctions, regulation of trade and the imposition of import and export controls, tariffs and other trade barriers; a downgrade in any of our credit ratings; competitive pressures within the industry; regulatory changes affecting commercial flight equipment operators, flight equipment maintenance, engine standards, accounting standards and taxes; and disruptions and security breaches affecting our information systems or the information systems of our third-party providers.
As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in AerCap's annual report on Form 20-F and other filings with the United States Securities and Exchange Commission. 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.