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Tue, Jun 16, 2015

Bell Helicopter, Milestone Aviation Group Sign LOI

Company Will Acquire 20 Bell 525 Relentless Helicopters

Bell Helicopter and Milestone Aviation Group have announced plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and gas, emergency medical service, search and rescue, and utility opportunities. Delivery of aircraft to Milestone is expected to begin in late 2017.

“We are very pleased to announce our first order with Bell Helicopter,” said Milestone’s Chairman, Richard Santulli. “With the 525, our customers will benefit from the newest fly-by-wire technology and its mission versatility.”

“Milestone is committed to building long-term relationships with industry leaders that deliver value for our customers,” said Daniel Rosenthal, Milestone’s President. “By securing future delivery positions for the Bell 525, we are continuing to demonstrate our strong commitment to that goal.”

The Bell 525 is the world’s first fly-by-wire commercial helicopter. The aircraft integrates critical systems data to be easily accessible at-a-glance with the first fully-integrated touch screen flight deck designed for helicopters, the Garmin G5000H.

The Bell 525 is being tested in Bell Helicopter’s fully integrated System Integration Lab (SIL), allowing for virtual flight testing of the Bell 525 before first flight, which is scheduled in the coming weeks.

(Image from file)

FMI: www.bellhelicopter.com

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