DUBLIN – September 25, 2025 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed purchase and leaseback agreements with Bristow Group Inc. [NYSE: VTOL], the leading global provider of innovative and sustainable vertical flight solutions, for two new Leonardo AW139 helicopters.
The aircraft, which were recently delivered to Bristow, are configured for Search and Rescue (SAR) missions and will support their operations in the United Kingdom.
“We are very pleased to strengthen our long-term partnership with Bristow through the lease of these two new state-of-the-art AW139s,” said Pat Sheedy, the CEO of Milestone. “We are proud to support their efforts and wish them every success as they continue to expand their fleet and strengthen life-saving SAR operations across the UK.”
“We appreciate Milestone’s support as we continue to transition the aircraft and capabilities needed to deliver vital search and rescue services in the UK,” said Alan Corbett, Bristow’s Chief Operating Officer for Government Services.
About Milestone
Milestone Aviation Group, an AerCap company, is the world’s leading helicopter leasing and financing company. Milestone partners with helicopter operators worldwide, providing a wide array of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory. The company supports approximately 50 customers in approximately 35 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining, fire-fighting, and other utility missions. www.milestoneaviation.com
About AerCap
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Memphis, Miami, Singapore, London, Dubai, Shanghai, Amsterdam and other locations around the world.
About Bristow Group
Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue (“SAR”), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our business is comprised of three operating segments: Offshore Energy Services, Government Services and Other Services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed-wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets. Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom (“UK”) and the United States (“U.S.”). To learn more, visit our website at www.bristowgroup.com.
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