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Wed, 12 Sept 2018

Aramco to Lease Five Airbus H145s from Milestone Aviation

Milestone Aviation, a GECAS company and a global leader in helicopter leasing, will provide five Airbus H145s to Aramco Overseas Company, a subsidiary of Saudi Aramco.

 The five helicopters are sourced from Milestone’s orderbook with Airbus and are expected to be delivered to Aramco over the next twelve months.

 This latest lease commitment of five helicopters will be in addition to the 24 medium aircraft Milestone currently has contracted on lease to Aramco.

Front row, from left to right: Wolfgang Schoder (CEO of Airbus Helicopters Deutschland), Abdulhakim Gohi (Vice President of Industrial Services, Aramco) and Daniel Rosenthal (CEO of Milestone Aviation). Back row, from left to right: Alexis Vidal (Airbus Helicopters Vice President of Sales - Oil & Gas and Leasing), Michael York (Milestone Aviation Vice President of Sales - Middle East, Africa, India) and Charles Simpson (Airbus Helicopters Head of Sales - Middle East). Click to enlarge.

“Aramco’s trust in Milestone’s ability to deliver certainty of execution — coupled with our financial and technical capabilities — is greatly appreciated by our team.” said Milestone President & CEO, Daniel Rosenthal. “We take pride in the fact that our long-term partnership approach to further assist Aramco with the introduction into service of their comprehensive medium and light-twin fleet renewal program now places Aramco as one of Milestone’s largest global customers.”

Compact in size, the H145 features a large and flexible cabin, low maintenance costs for its class, powerful engines and Helionix digital avionics suite. More than 200 H145s have been delivered to date and have collectively achieved more than 100,000 flight hours since 2015.

“We are pleased that Aramco has selected the H145 for its light-twin fleet renewal program in the Kingdom of Saudi Arabia, which is a key and historic partner for Airbus and home to our subsidiary in the region,” said Airbus Helicopters CEO, Bruno Even. “We also thank Milestone for enabling the introduction of the H145 to a new operator through their long-standing relationship with Aramco and their existing orderbook with Airbus. The H145’s proven technologies, availability, and cabin versatility are the perfect tools to meet Aramco’s demanding requirements as a global leader in oil and gas.” 

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