Rotorcraft
Milestone Sees Growth in Super-medium Helicopter Market
Newer helicopters are supplanting aging machines that have reached end of life
CHC Helicopter Leonardo AW189 helicopters
CHC Helicopter signed a long-term lease agreement for two new Leonardo AW189 helicopters with Milestone Aviation Group.

Helicopter leasing company Milestone Aviation Group has signed leases with three operators covering 17 helicopters, most of which are in the super-medium category. Milestone’s fleet has reached more than 320 helicopters worth more than $3.5 billion, and the company is planning to redeploy some aircraft into new missions because the energy market’s needs remain steady with about 300 helicopters serving oil and gas producers (OGP).

As a buyer of helicopters, Milestone does not place any speculative orders. “We identify demand,” said chief commercial officer Sébastien Moulin. “We know who the users are, and we’re happy to finance that.”