Milestone Completes Aramco’s Fleet Renewal
The Milestone Aviation Group has announced that it has successfully completed the final delivery of the medium helicopter fleet renewal program for Aramco Overseas Company, a subsidiary of Saudi Aramco, a fully integrated, global petroleum and chemicals enterprise. Milestone recently delivered the last helicopter of the 21 factory-new, highly specified Leonardo AW139 helicopters, from an order that was first announced in July 2018. The deal also included five brand new Airbus H145 helicopters, delivered in 2019. In addition, Aramco has also extended leases of two more AW139 helicopters, truly demonstrating the success of the leasing concept, as well as the strong relationship between the two companies. Aramco is one of the world’s largest integrated energy and chemicals companies, based in Dhahran with a global reach and the majority of its operations based in Saudi Arabia.
Commenting on the completion of the deal, the Vice President Commercial – Africa & Middle East at Milestone, Claire Brugirard said, “We are extremely grateful for the trust placed in our services and for the excellent collaboration with Aramco. Thanks to our financial strength and technical expertise, our team was able to continue deliveries throughout the COVID-19 pandemic, overcoming some of the most challenging circumstances. Aramco’s commitment to this fleet renewal program is a testament to the benefits of leasing and we are incredibly proud to support them in their oil and gas missions across Saudi Arabia.”
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