Helicopter leaseback
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Milestone Aviation and Bristow Group sign helicopter leaseback agreement
Yahoo Financeยท 2025-09-26 13:47
Core Insights - Milestone Aviation Group has entered into purchase and leaseback agreements with Bristow Group for two Leonardo AW139 helicopters aimed at enhancing search and rescue (SAR) operations in the UK [1][2] - The partnership is expected to strengthen Bristow's SAR capabilities and expand its fleet for life-saving operations [2][3] Company Overview - Milestone Aviation, a subsidiary of AerCap, provides various financial solutions to helicopter operators globally, including operating leases, leasebacks, secured debt financing, engine leasing, and fleet advisory [3][4] - The company serves a diverse client base across approximately 35 countries, supporting sectors such as SAR, offshore oil and gas, and emergency medical services [3] - AerCap operates in the aviation leasing sector, offering fleet solutions to around 300 clients worldwide and is listed on the New York Stock Exchange under the ticker symbol AER [4] Bristow Group - Bristow Group specializes in aviation services and vertical flight solutions for government entities and offshore energy companies, providing services such as personnel transportation, SAR, medevac, and other helicopter-related services [3] - The company is focused on transitioning aircraft and capabilities to enhance vital SAR services in the UK [2]