LEONARDO AND PETROLEUM AIR SERVICES ENHANCE THE LEVEL OF MAINTENANCE SERVICES FOR COMMERCIAL HELICOPTERS IN EGYPT

Rome, 4 September 2024 –Leonardo and Petroleum Air Services of Egypt are further reinforcing their fruitful collaboration in the helicopter services field. With a fleet of eight AW139 light intermediate twin engine helicopters used for passenger and offshore transport supporting the energy industry in the country, Petroleum Air Services is Recognised Service Centre for Leonardo’s commercial helicopter products. Petroleum Air Services has now become an Authorised Service Centre, obtaining a higher rank in technical support which will allow the addition of more services, greater spare parts management, and further solutions to the benefit of third party customers and users. By doing so, this partnership will reinforce the level and quality of service in the area.

Leading operator Petroleum Air Services has been deploying AW139 helicopters in support of the Oil & Gas industry in the country since 2009. Since then nearly 24,000 flight hours have been logged. The AW139 has proven a key asset for Petroleum Air Services, able to meet the most stringent requirements of OGP customers and perfectly suited for deep water operations. The AW139 has allowed the operator to further support expansion plans for offshore transport activities and exploration in the Eastern area of the Mediterranean Sea. These require high safety standards, advanced avionics, high speed and excellent overall performance; in addition to a modern support approach, with the AW139 delivering unmatched capabilities in all those aspects.

About Petroleum Air Services

Petroleum Air Services is an Egyptian joint stock company. The shareholders are Egyptian General Petroleum Corporation and Bristow Group. The company provides air services transportation inside and outside Egypt using helicopter and fixed-wing aircraft for the oil and gas sector, tourism and other economic entities. Also charter and scheduled flights, Air taxi, Maintenance & washing electric insulators by helicopter. The current fleet has 31 helicopters and eight fixed wing aircraft. The company plans to expand its helicopter fleet in the near future to fulfil the demands of the current and new customers who obtained new concession rights in Egypt for offshore activities either in the Red Sea or Mediterranean. Petroleum Air Services is servicing the companies from different bases all around Egypt in Red Sea, Mediterranean and South Sinai. All service facilities in different bases have been upgraded to meet the highest safety international standards.

Leonardo is an international industrial group, among the main global companies in Aerospace, Defence, and Security (AD&S). With 53,000 employees worldwide, the company approaches global security through the Helicopters, Electronics, Aircraft, Cyber & Security and Space sectors, and is a partner on the most important international programmes, within these sectors, such as Eurofighter, NH-90, FREMM, GCAP, and Eurodrone. Leonardo has significant production capabilities in Italy, the UK, Poland, and the USA. Leonardo utilises its subsidiaries, joint ventures, and shareholdings, which include Leonardo DRS (72.3%), MBDA (25%), ATR (50% ), Hensoldt (22.8%), Telespazio (67%), Thales Alenia Space (33%), and Avio (29.6%). Listed on the Milan Stock Exchange (LDO), in 2023 Leonardo recorded new orders for €17.9 billion, with an order book of €39.5 billion and consolidated revenues of €15.3 billion. ncluded in the MIB ESG index, the company has also been part of the Dow Jones Sustainability Indices (DJSI) since 2010.

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