Milestone Signs Purchase Assignment and Leaseback Agreements
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This news is classified in: Defense Helicopters

May 23, 2024

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

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”).

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.”

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“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."


Milestone Aviation
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