AerCap N : Milestone to deliver two S-92s to CHC for Norwegian Search and Rescue missions

December 7, 2021

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Milestone to deliver two S-92s to CHC for Norwegian Search and Rescue missions

DUBLIN - The Milestone Aviation Group Limited ("Milestone"), the global leader in helicopter leasing, today announced that they are to provide two Sikorsky S-92 Search and Rescue (SAR) helicopters to CHC Helicopters ("CHC"), one of the world's leading helicopter services and maintenance, repair and overhaul providers.

The two Milestone S-92 SAR helicopters will be used to support a multi-year contract recently awarded to CHC by Norway's Ministry of Justice for search and rescue (SAR) services. Delivering in January 2022, the helicopters will be based in Tromsø, Norway, and will commence missions shortly thereafter.

Michael York, Head of Emerging Markets at Milestone, said, "Thanks to the strength and depth of our expert team, Milestone was uniquely placed to deliver these bespoke configuration SAR S-92 helicopters. This agreement also further expands Milestone's deep commitment to mission critical lifesaving SAR operations, and we are therefore immensely proud to support CHC in their SAR missions across Norway."

Brady Nicholls, Vice President Sales at CHC, said, "We are delighted to expand our fleet with the delivery of these two SAR S-92 helicopters from Milestone. CHC is proud to have won the contract with Norway's Ministry of Justice and these aircraft will help us meet our obligations in providing exceptional SAR service."
Milestone is a valued partner to CHC and already leases to CHC aircraft deployed across a variety of its missions, including oil and gas, EMS (Emergency Medical Services) and SAR.

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 over 40 customers in more than 35 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions www.milestoneaviation.com

About CHC

For 70 years, CHC Helicopter has provided safe, reliable, cost-effective helicopter service in some of the most remote and challenging environments around the world. With extensive experience transporting customers in the oil and gas industry, supporting search-and-rescue and EMS contracts, and providing maintenance, repair and overhaul services, our dedication to safety and reputation for quality and innovation help our customers reach beyond what they thought possible. For more on CHC and its services, visit www.chcheli.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, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.

Forward-Looking Statements
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