Milestone Aviation, August 08, 2024 - DUBLIN, IRELAND – The Milestone Aviation Group Limited announced that it has signed a sale and leaseback agreement for one super-medium Airbus H175 helicopter with commercial helicopter operator, PHI Aviation.
The H175 helicopter, known for its long range, advanced avionics, and high payload capacity, was recently delivered to PHI and will fly offshore energy missions for its operations in Australia.
Pat Sheedy, the Chief Executive Officer of Milestone, said "We are pleased to extend our relationship with PHI and support their fleet expansion with the lease of this H175. As the offshore oil and gas market continues its transition to new technology super-medium helicopters, Milestone is well-positioned to meet the needs of our customers with a portfolio consisting of the most modern fuel-efficient technology helicopters on the market.”
Scott McCarty, CEO of PHI, said “The Airbus H175 is a versatile and high-performing helicopter that perfectly aligns with PHI’s commitment to safety, reliability and excellence. The addition of the H175 enhances our capabilities in supporting offshore energy operations in Australia, providing our customers with increased efficiencies and operational flexibility. PHI remains committed to investing in the latest technology, and we look forward to continuing our partnership with Milestone to deliver this advanced aircraft to our growing fleet.”
About Milestone : 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 approximately 50 customers in approximately 35 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining, firefighting, and other utility missions.
About AerCap : 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.
About PHI Aviation : For more than 75 years, PHI Aviation has been a trusted partner and leading provider of essential aviation services to the energy industry. As a division of PHI Group, PHI Aviation offers safe and reliable transport for approximately 400,000 passengers annually. Backed by a global fleet of more than 100 helicopters, PHI Aviation provides passenger transport for offshore exploration, pipeline production platforms, ships and vessels, and specialized search and rescue (SAR) services to customers around the world.
The H175 helicopter, known for its long range, advanced avionics, and high payload capacity, was recently delivered to PHI and will fly offshore energy missions for its operations in Australia.
Pat Sheedy, the Chief Executive Officer of Milestone, said "We are pleased to extend our relationship with PHI and support their fleet expansion with the lease of this H175. As the offshore oil and gas market continues its transition to new technology super-medium helicopters, Milestone is well-positioned to meet the needs of our customers with a portfolio consisting of the most modern fuel-efficient technology helicopters on the market.”
Scott McCarty, CEO of PHI, said “The Airbus H175 is a versatile and high-performing helicopter that perfectly aligns with PHI’s commitment to safety, reliability and excellence. The addition of the H175 enhances our capabilities in supporting offshore energy operations in Australia, providing our customers with increased efficiencies and operational flexibility. PHI remains committed to investing in the latest technology, and we look forward to continuing our partnership with Milestone to deliver this advanced aircraft to our growing fleet.”
About Milestone : 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 approximately 50 customers in approximately 35 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining, firefighting, and other utility missions.
About AerCap : 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.
About PHI Aviation : For more than 75 years, PHI Aviation has been a trusted partner and leading provider of essential aviation services to the energy industry. As a division of PHI Group, PHI Aviation offers safe and reliable transport for approximately 400,000 passengers annually. Backed by a global fleet of more than 100 helicopters, PHI Aviation provides passenger transport for offshore exploration, pipeline production platforms, ships and vessels, and specialized search and rescue (SAR) services to customers around the world.
H175 VH-A7A VH-A7B ( HNZ Australia Pty Ltd )
See also |
PHI Offshore PHI Inc 
Oil and Gas Industry in 
Australia H175 in
HNZ Australia Pty Ltd PHI / HNZ Australia HNZ Australia Pty Ltd PHI International Australia Pty Ltd 
