Milestone Finds Sweet Spot in Helicopter Leasing | Aviation International News

Milestone Finds Sweet Spot in Helicopter Leasing

By Thierry Dubois • Writer

November 1, 2012

Dublin, Ireland-based Milestone Aviation claims to be on track to lease $1 billion worth of helicopters by year-end. The company, created in 2010 by former NetJets top execs Richard Santulli and William Kelly, provides various leasing arrangements to helicopter operators, from lease on new helicopter delivery–the customer chooses the aircraft, negotiates the contract and then assigns it to Milestone–to sale-leaseback.

Milestone’s primary mission is to help those operators that want to bid for major service contracts but don’t have the capital to qualify them for a large helicopter order. While the company’s core market is offshore oil and gas operators, Milestone also supports any operation where the helicopter is mission-critical, such as EMS, firefighting, utility and search-and-rescue.

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