Milestone Aviation, February 25, 2025 - DUBLIN – The Milestone Aviation Group Limited, the global leader in helicopter leasing, announced that it has been awarded the contract for the purchase and leaseback of two new Leonardo AW189 helicopters with Vår Energi ASA - a leading independent upstream oil and gas company.
The aircraft, which will be operated by Lufttransport RW AS, are scheduled to deliver in 2026 and will operate on the Norwegian Continental Shelf (NCS).
This announcement follows the recent awarding of a contract to Milestone by Equinor for the purchase and leaseback of five new Leonardo AW189 helicopters.
Pat Sheedy, the Chief Executive Officer of Milestone, said, “Milestone is delighted to announce the purchase and leaseback of two new AW189 helicopters with Vår Energi, following a successful competitive tender process. These next-generation AW189s are the ideal choice for NCS operations, offering exceptional versality, reliability and capacity. We look forward to supporting Vår Energi’s offshore operations and thank them for their business and the trust they have placed in Milestone.”
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, fire-fighting, 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 and other locations around the world.
About Vår Energi : Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS). We are committed to deliver a better future through responsible value driven growth based on over 50 years of NCS operations, a robust and diversified asset portfolio with ongoing development projects, and a strong exploration track record. Safe and responsible operations are at the core of our strategy. Our ambition is to be the safest operator on the NCS, and to become carbon neutral in our net equity operational emissions by 2030. Vår Energi has around 1400 employees and equity stakes in 40 producing fields. We have our headquarters outside Stavanger, Norway, with offices in Oslo, Hammerfest and Florø.
The aircraft, which will be operated by Lufttransport RW AS, are scheduled to deliver in 2026 and will operate on the Norwegian Continental Shelf (NCS).
This announcement follows the recent awarding of a contract to Milestone by Equinor for the purchase and leaseback of five new Leonardo AW189 helicopters.
Pat Sheedy, the Chief Executive Officer of Milestone, said, “Milestone is delighted to announce the purchase and leaseback of two new AW189 helicopters with Vår Energi, following a successful competitive tender process. These next-generation AW189s are the ideal choice for NCS operations, offering exceptional versality, reliability and capacity. We look forward to supporting Vår Energi’s offshore operations and thank them for their business and the trust they have placed in Milestone.”
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, fire-fighting, 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 and other locations around the world.
About Vår Energi : Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS). We are committed to deliver a better future through responsible value driven growth based on over 50 years of NCS operations, a robust and diversified asset portfolio with ongoing development projects, and a strong exploration track record. Safe and responsible operations are at the core of our strategy. Our ambition is to be the safest operator on the NCS, and to become carbon neutral in our net equity operational emissions by 2030. Vår Energi has around 1400 employees and equity stakes in 40 producing fields. We have our headquarters outside Stavanger, Norway, with offices in Oslo, Hammerfest and Florø.
See also |
AW189 in
Milestone Aviation 
Oil and Gas Industry in 
Norway Five New AW189s for Equinor’s North Sea Oil and Gas Operations
AW189 in
Lufttransport AS AW189 in
Equinor 
