Milestone Aviation Group, the global leader in helicopter leasing, together with AgustaWestland, a Finmeccanica company, announced 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.
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.