Milestone Signs Purchase Assignment and Leaseback Agreements with Lufttransport for Three Leonardo AW139 Helicopters

DUBLIN – May 23, 2024 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed purchase assignment and leaseback agreements for three new Leonardo AW139 helicopters with Norwegian helicopter operator Lufttransport RW AS (“Lufttransport”).

 Milestone Signs Purchase Assignment and Leaseback Agreements with Lufttransport for Three Leonardo AW139 Helicopters

The three helicopters are scheduled to deliver in 2025 and will be deployed on offshore missions in the North Sea. 

Sébastien Moulin, Chief Commercial Officer, Milestone, said, “We are delighted to support the expansion of Lufttransport’s fleet through this agreement. Milestone continues to support the growth of the offshore helicopter industry by financing both new and used aircraft. We remain committed to offering our customers tailored solutions that meet their needs and supporting the strong demand for lift.”

“On behalf of Lufttransport, I would like to extend our sincere gratitude to Milestone for their strong partnership and support. Securing an additional three Leonardo AW139 helicopters, equipped with Full Ice Protection System for the Norwegian continental shelf, is a significant milestone for us,” said Erlend Olsen, CEO of Lufttransport. “We greatly appreciate the Milestone team's agile and forward-thinking approach, which has been instrumental in making this deal a reality, and we look forward to continuing our collaboration to enhance our capabilities and service."

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.

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.

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