HELITECH: Lessor Milestone strikes huge AgustaWestland deal

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This story is sourced from Flight International
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AgustaWestland has signed a multi-year framework agreement with lessor Milestone Aviation covering the acquisition of a “significant number” of AW169, AW139 and AW189 helicopters.

The aircraft will be destined for Milestone’s customers across a broad range of missions including offshore transportation, emergency medical services and search and rescue operations.

When the deal is fully complete it will be “the largest civilian helicopter sale in AgustaWestland history”, says the Anglo-Italian airframer.

Milestone’s chairman and chief executive Richard Santulli says: “Our agreement with AgustaWestland enables Milestone to continue to expand globally and to provide our customers with near-term deliveries of the state-of-the-art rotorcraft that they require.”.

Milestone already has 18 AgustaWestland aircraft in its fleet, with a further eight aircraft covered by a letter of intent which should be delivered over the next 12 months, says AgustaWestland.

Fellow lessors LCI and Waypoint Leasing already have similar agreements in place with AgustaWestland.