Milestone Aviation Group, a GECAS company and a global leader in helicopter leasing and Leonardo have been selected to renew the medium helicopter fleet of Aramco Overseas Company, a subsidiary of Saudi Aramco (Aramco) – a fully integrated, global petroleum and chemicals enterprise. Leonardo and Milestone have signed a contract for 17 Leonardo AW139 helicopters plus 4 options and Aramco expects to take delivery of a total of 21 aircraft over the next three years, starting this year.
Aramco awarded the contract to Milestone and Leonardo through a competitively tendered process. Milestone’s financial stability, the outstanding capabilities of the modern and proven AW139 and ability of both partners to deliver were key to meeting the needs of the program. Further, Milestone’s leasing solution encompassing the entire medium fleet presented a compelling solution, enabling the energy company to invest in their operations.
