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Safran, Milestone ink framework agreement

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Safran, Milestone ink framework agreement

Helicopter leasing company The Milestone Aviation Group has signed a framework agreement with Safran Helicopter Engines. 

Milestone said the agreements aims to simplify the transition of Safran-powered aircraft between lessees and ensure it has access to “best-in-class” asset management services. 

As part of the agreement, Milestone will continue to promote Safran's support-by-the-hour programme to its lessees. Milestone said this will protect residual value, control engine maintenance costs, eliminate cash peaks, and offer a wider variety of technical expertise options.