Milestone Aviation Group increases Eurocopter EC225 order to 30 helicopters
Milestone Aviation Group today announced an order for 14 additional Eurocopter EC225 twin-engine helicopters, which will join the 16 EC225s ordered last year – along with the company’s initial EC175 booking, covering five.
This new order for the two Eurocopter helicopter types brings Milestone’s EC225 total order book value to more than €675 million (US $891 million) at list prices, while the list price valuation of its EC175 acquisition is approximately €70 million (US $92 million).
Milestone Chairman and Co-Founder Richard Santulli and Eurocopter President and CEO Lutz Bertling announced the EC225 and EC175 contract on March 5 at the Heli-Expo 2013 helicopter industry show in Las Vegas.
Milestone’s EC225s and EC175s will be configured to the requirements of its operating partners for use in duties such as crew change missions to offshore oil and gas platforms and search and rescue.
“The EC225 has a long-standing reputation for safety and reliability in the most demanding operating conditions,” commented Milestone’s Santulli. “Despite the current challenges the aircraft is facing, we are confident that Eurocopter and the EC225 will overcome them. This helicopter is a fantastic asset that will be a mainstay of the offshore oil and gas and search and rescue markets for decades to come.”