Milestone Aviation Group to Acquire 28 H175 Airbus Helicopters

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By TESTCustomwebLP TESTCustomwebLP June 15, 2015 19:29

Milestone Aviation Group to Acquire 28 H175 Airbus Helicopters

Airbus Helicopters, a division of Airbus Group, and Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that Milestone has increased its combined orders and options to a total of 28 H175s, the largest order for Airbus’ new super-medium-lift twin-engine rotorcraft.

“We have full confidence in the Airbus Helicopters’ leadership team and are delighted to expand our relationship with the introduction of the H175 to our fleet,” said Richard Santulli, Milestone’s Chairman. “The H175 is well-aligned with our commitment to offering the most innovative product solutions for our customers.”

“Today’s H175 order is illustrative of the Milestone team’s sharp focus on long-term industry growth,” said Daniel Rosenthal, Milestone’s President. “We have been impressed by the H175’s successful introduction into service and felt it was the appropriate time to further our commitment to the aircraft.”

Airbus Helicopters’ H175 was designed to meet the most demanding oil and gas industry transportation requirements, offering new levels of comfort with the largest cabin in its class, as well as low in-flight vibration and noise levels. The rotorcraft provides highly cost-efficient service, with a capacity of up to 18 passengers, low fuel consumption and the range to reach a large percentage of the world’s offshore installations.

“This latest agreement builds on our outstanding relationship with Milestone, who owns one of the most valuable Airbus civilian helicopter fleets in operation and on order in the world,” said Guillaume Faury, the President & CEO of Airbus Helicopters. “It also reinforces the H175 as an aircraft of choice in the super-medium category.”

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By TESTCustomwebLP TESTCustomwebLP June 15, 2015 19:29