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Milestone signs lease agreements with UNI-FLY Group for 3 Leonardo AW169 Helicopters

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PRESS RELEASE


Leonardo
Milestone signs lease agreements.

MADRID. The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed lease agreements with Danish and UK helicopter operator, UNI-FLY, for three Leonardo AW169 helicopters. The transaction was announced during the EUROPEAN ROTORS 2023 event in Madrid.

The agreements include the extension of two AW169 helicopters and the placement of an additional AW169 which is scheduled to deliver in late 2023. The new aircraft will be located at UNI-FLY’s UK main operating base at Humberside Airport and will support offshore energy missions in the North Sea.

Sebastien Moulin, the Head of Europe & Americas, Milestone Aviation, said, “We are delighted to expand our relationship with UNI-FLY with the placement and extension of these three AW169 helicopters. We are seeing strong demand for Light Twin helicopters in the renewable energy sector, and the AW169 is well-suited to supporting offshore wind projects thanks to its advanced operating capabilities in challenging environmental conditions.”

Mads Nielsen, UNI-FLY Group Chief Executive Officer, added, “It is a pleasure to strengthen our partnership, once again, with Milestone Aviation. In total, UNI-FLY has placed four AW169 4.8 tonne aircraft with Milestone since 2018 which is a sign of the confidence in our relationship and in Leonardo’s AW169 product.

The introduction of the Enhanced Power Configuration creates an ideal platform for safe hoist operations and great customer hoist payload. We look forward to welcoming the new addition to our fleet and our continued collaboration with 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, Seattle, Toulouse and other locations around the world.

About UNI-FLY

UNI-FLY is an onshore and offshore helicopter operator specializing in Offshore Windfarm Helicopter Hoist Operations, with a proven track record since 2002 on some of the world’s biggest offshore windfarm projects. Founded in 1970 by Bjarne Stuhr Petersen, today the company is a thriving business, employing a strong technical and operational team as well as helicopter and fixed wing maintenance. UNI-FLY is uniquely positioned to provide customer based bespoke helicopter service solutions across Europe and the UK, with EASA and UK AOC’s.