Milestone Signs Lease Agreements for 2 New Leonardo AW189 Helicopters with CHC Helicopter

The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed long-term lease agreements for two new Leonardo AW189 helicopters with CHC Helicopter (“CHC”). The announcement was made during Verticon, formerly HAI Heli-Expo, in Dallas, Texas.

The aircraft are scheduled for delivery in the second and fourth quarters of 2025, respectively, and will be used by Aker BP to support offshore operations in Norway.

“Milestone is delighted to strengthen its partnership with CHC through the lease of these two new technology Leonardo AW189s,” said Pat Sheedy, the Chief Executive Officer of Milestone. “This transaction further highlights Milestone’s unrivaled platform, a key competitive advantage that allows us to execute complex transactions with speed. We remain committed to investing in next-generation helicopters in the Super-Medium category, supporting our customers with their ongoing fleet requirements.”

“At CHC, we’re committed to providing our customers with the best possible service. With our global operational expertise and Milestone’s flexible, innovative solutions, we can ensure customers benefit from the right aircraft strategy, expert support, and industry knowledge they need to operate with total confidence,” said Tom Burke, Chief Executive Officer, CHC. “Long-term, sustainable contracts, such as our agreement with Aker BP, offer stability and certainty for all parties involved. They enable helicopter operators to invest in personnel and innovate new technologies and capabilities, ensuring customers consistently receive highly specialized, safe, and reliable services that meet their current and evolving needs.”