Leonardo AW139 helicopter
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Milestone Aviation and Bristow Group sign helicopter leaseback agreement
Yahoo Finance· 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]
HONEYWELL AND NEAR EARTH AUTONOMY COMPLETE FIRST AUTONOMOUS FLIGHT OF LEONARDO AW139 HELICOPTER
Prnewswire· 2025-06-17 07:00
Core Insights - Honeywell and Near Earth Autonomy have achieved a significant milestone with the first autonomous test flight of a Leonardo AW139 helicopter, supporting the U.S. Marine Corps Aerial Logistics Connector program [1][2] - The test flight demonstrated the capability of uncrewed, autonomous aircraft to operate in contested environments without pilot intervention, showcasing advanced flight control and decision-making [2][4] Group 1: Test Flight Details - The autonomous test flight occurred in Phoenix, Arizona in May, marking a critical advancement in providing scalable logistics support to the U.S. Marine Corps [2] - Key autopilot modes of the AW139 were directly controlled by Near Earth's autonomy software, demonstrating precise flight control [2] Group 2: Strategic Implications - The successful demonstration opens new possibilities for the U.S. Marine Corps and other helicopter operators, indicating a shift towards uncrewed aircraft for enhanced safety in contested environments [3] - The ALC program aims to develop autonomous aerial logistics systems that minimize personnel risk and enhance supply operation speed and scale [3] Group 3: Future Developments - Future testing will focus on expanding autonomy capabilities, including automated obstacle avoidance and integration into military logistics workflows, aiming for a safer uncrewed delivery system [3] - Honeywell and Near Earth Autonomy are committed to creating an affordable, scalable, and certifiable autonomy solution for future missions [4]