ATLANTA, GA – Wednesday, March 08, 2023 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has signed a Memorandum of Understanding (MOU) for the sale of up to seven helicopters to Rotortrade, a global helicopter distributor.
The seven-helicopter portfolio includes a mix of Airbus H225 and Bell 412 helicopters which will be delivered to Rotortrade over the coming months.
“We are pleased to partner with Rotortrade for the sale of these helicopters. This transaction is evidence of the maturity of the Milestone platform and our robust portfolio management strategy which is a key component of our success,” said Pat Sheedy, the CEO of Milestone Aviation. “We look forward to continuing our partnership with Rotortrade whose global reach offers the potential for many exciting opportunities ahead.”
“We are delighted to have signed this agreement with Milestone Aviation, one of the most respected names in the helicopter leasing industry,” said Philippe Lubrano, CEO of Rotortrade. “This partnership showcases our expertise and experience in the H225 segment, and we look forward to having Milestone’s high-quality helicopters in our inventory.”
Milestone Aviation Group, an AerCap company, is the world’s leading helicopter leasing and financing company. Milestone partners with helicopter operators worldwide, providing a wide array of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory. The company supports over 50 customers in more than 40 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining, fire-fighting, and other utility missions. www.milestoneaviation.com
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around the world.
Rotortrade is the leading global helicopter dealer and sole international distributor of Leonardo’s pre-owned helicopters. Its extensive network throughout the spectrum of the industry enables it to acquire and carry a broad fleet of aircraft from all major manufacturers providing its clients full end-to-end and fully secured services. Rotortrade has 10 dealerships around the world with offices in Florida, Kuala Lumpur, London, Los Angeles, Melbourne, Mexico City, Marseille, Paris, Riyadh, Singapore, Sarajevo and Shanghai. For more information, please visit www.rotortrade.com