Milestone Aviation and NHV Group sign leaseback agreements for five helicopters (2024)

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  • June 7, 2024
  • Milestone Aviation, NHV Group
Milestone Aviation and NHV Group sign leaseback agreements for five helicopters (2)

The Milestone Aviation Group (Milestone) has announced the signing of purchase assignment and leaseback agreements for five helicopters with the prominent helicopter service provider NHV Group (NHV).

This deal includes four Airbus H175 helicopters, one of which has already been delivered and is currently supporting offshore oil and gas operations in Denmark. The remaining three new units are scheduled for delivery in 2025 and 2026. Additionally, a new Leonardo AW169 helicopter is expected to be delivered in the coming weeks and will be deployed for offshore oil and gas missions in Côte d'Ivoire.

Thomas Hütsch, CEO of NHV Group, stated, “NHV is looking forward to receiving the new H175 units in the coming years to support our expanding portfolio of offshore operations in the North Sea, as well as the second AW169, which is part of NHV's fleet renewal strategy to provide a modern fleet in support of offshore contracts in Côte d'Ivoire.”

Milestone Aviation Group, an AerCap company, is renowned for its helicopter leasing and financing services. Milestone collaborates with helicopter operators globally, offering a comprehensive range of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory.

This partnership with NHV Group underscores Milestone's commitment to supporting the growth and modernisation of helicopter fleets worldwide, ensuring that operators have access to the latest technology and capabilities to meet their operational demands.

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Milestone Aviation and NHV Group sign leaseback agreements for five helicopters (29)

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Milestone Aviation and NHV Group sign leaseback agreements for five helicopters (2024)

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