Milestone Aviation Group and Babcock Mission Critical Services are marking the sixth anniversary of their lease partnership, which has seen the GE Capital Aviation Services company lease more than 50 helicopters to Babcock.
The aircraft range from light twin rotary helicopter to heavy service machines. The majority of the helicopters on lease are utilized for emergency medical services and police surveillance as well as search and rescue missions.
Milestone first provided Babcock with purchase/lease-back of three light-twin emergency medical service helicopters to be operated in Spain and Portugal in 2011.
The company most recently introduced the H175 helicopter, the operator’s first super-medium aircraft, to Babcock’s fleet. Milestone will deliver two more H175s to Babcock before the end of the year.
Daniel Rosenthal, Milestone president and CEO, said: “We are extremely proud to have expanded our partnership with Babcock over the past six years.
“The leases signed with Babcock reflect our customer focus, unparalleled suite of service offerings and long-term approach to developing business partnerships. Babcock has generated strong growth with their focus on mission-critical operations and government support services.”
Andrea Cicero, managing director of Babcock Mission Critical Services, said: “Milestone’s financial strength and stability as part of GE coupled with their market knowledge and diverse fleet makes them a perfect leasing partner. We appreciate their ability to think long-term and simultaneously move quickly to execute on tight timeframes.”