Industry

Published on July 16th, 2021 | by Alan Dwyer

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Milestone Announces Purchase Leaseback with NHV for an AW169

The Milestone Aviation Group has signed a Purchase/Leaseback arrangement for an AW169 helicopter with Belgian-based operator, NHV Group, a leading provider of helicopter services. The AW169 helicopter delivered earlier this month will support missions in the UK for the Italian oil and gas company, ENI. It will be based in Blackpool. Milestone already leases eight aircraft to NHV, deployed across a variety of missions including oil and gas, EMS, windfarm operations, and military training, including two each of AW139, EC145C2, H145T2, and H145D3 helicopters.

Commenting on the deal, François Arnaud from Milestone Aviation said, “This is an exciting deal for Milestone as it marks our ninth aircraft with NHV and our first AW169 delivery to NHV. It is also our second deal announcement with them this year. We are proud to continue building our strong partnership with NHV as a trusted leasing advisor.”

Also commenting was Thomas Hütsch, Chief Operating Officer at NHV who said, “We are delighted to expand our fleet with the delivery of this AW169 helicopter from Milestone. Our diverse offshore fleet has an average age of just nine years, one of the youngest in the industry, and this aircraft will enable us to continue delivering flexible and customer-friendly, but above all safe operations, using the latest technology helicopter. We have worked with Milestone for more than eight years and the team has been an important part of our journey, supporting us with their extensive expertise and guidance along the way.”

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