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Milestone Aviation Group acquires five EC130B4 helicopters

publication date: Oct 17, 2011
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author/source: Terry Spruce
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American Eurocopter and Milestone Aviation Group announced at the Air Medical Transport Conference in St Louis, the sale to Milestone of five new Eurocopter EC130B4 helicopters. The order is valued at $17 million. Deliveries will take place in the second half of 2012.

"Our sales team worked very closely with Milestone to pull this together and we are pleased to make this announcement," said Marc Paganini, president and chief executive oficer of American Eurocopter. "Milestone brings a new option to the table for our clients by providing 100% financing and flexible leasing solutions that will help our customers get into the best helicopters in the business."

"We are delighted to acquire the popular EC130, a widely used model in the emergency medical service and tour industries, and strengthen our relationship with Eurocopter," said Richard Santulli, chairman of Milestone. "There is a clear-cut business opportunity to serve high-quality operators in these sectors and this announcement demonstrates our commitment to meet their needs."

Since launching in August 2010, Milestone has leased over two dozen helicopters and private jets valued at more than $240 million. The company has signed commitments that will push that total to over $300 million by the end of the year.




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