The Milestone Aviation Group has signed a sale and leaseback agreement for one super-medium H175 helicopter with commercial helicopter operator PHI Aviation.
""We are pleased to extend our relationship with PHI and support their fleet expansion with the lease of this H175,"" said Milestone CEO Pat Sheedy. “As the offshore oil and gas market continues its transition to new technology super-medium helicopters, Milestone is well positioned to meet the needs of our customers with a portfolio consisting of the most modern fuel efficient technology helicopters on the market.""
PHI CEO Scott McCarty said: ""The addition of the H175 enhances our capabilities in supporting offshore energy operations in Australia, providing our customers with increased efficiencies and operational flexibility.""
The H175 helicopter, known for its long range, advanced avionics, and high payload capacity, was recently delivered to PHI and will fly offshore energy missions for its operations in Australia.
Milestone signs SLB agreement with PHI Aviation for one H175 helicopter
