Milestone Aviation Group Finances Sloane Helicopters’ Lease of AgustaWestland AW109SP for The Air Ambulance Service

  Milestone Aviation Group Finances Sloane Helicopters’ Lease of
  AgustaWestland AW109SP for The Air Ambulance Service

Business Wire

DUBLIN -- October 22, 2013

Milestone Aviation Group, the global leader in helicopter leasing, announced
today that it has financed the delivery of an AgustaWestland AW109 GrandNew to
Sloane Helicopters. Sloane, a UK-based provider of helicopter sales and
services, will use the helicopter for the UK’s East Midland Helicopter
Emergency Medical Service (HEMS), the Derbyshire, Leicestershire & Rutland Air
Ambulance (DLRAA). This is the first HEMS-equipped helicopter that Milestone
has leased in the United Kingdom – a HEMS market entirely funded by charitable
organisations.

“We are proud to partner with Sloane Helicopters and support their vital work
with The Air Ambulance Service,” said Robert Thor Dranitzke, Milestone’s
Managing Director. “Sloane Helicopters provide an invaluable service to the
communities it serves. We are delighted to help support their critical
mission.”

“Milestone has proven to be a strong partner, offering us 100% operating lease
financing and flexible terms to meet our requirements,” said Jeremy Awenat,
Sloane’s Managing Director. “Their support was essential to ensure Sloane
Helicopters and The Air Ambulance Service could provide this life-saving
service for patients.”

Sloane was awarded a six-year contract with The Air Ambulance Service to
support the DLRAA. The HEMS AgustaWestland AW109SP GrandNew is equipped with a
number of technologically advanced features which increase safety and reduce
pilot workload.

The Air Ambulance Service provides two HEMS – the DLRAA and the Warwickshire &
Northamptonshire Air Ambulance (WNAA) – as well as the first and only
dedicated helicopter emergency transfer service for seriously ill children and
babies in England and Wales, The Children’s Air Ambulance. The Charity
receives no Government funding, and relies entirely on public donations and
support from the local community. For more information about The Air Ambulance
Service please contact Krysten Swindells, Head of Marketing and
Communications: Krysten.swindells@theairambulanceservice.org.uk.

About Milestone Aviation Group:

Milestone Aviation Group is the global leader in helicopter leasing. The
company partners withhelicopter operators worldwide and supports them through
100 per cent operating lease financing.Milestone provides financing for
helicopters, serving avariety of industries, including offshore oil and
gas,search and rescue, emergency medical services, police surveillance,
mining and other utilitymissions. Since launching in August 2010, Milestone
has acquired more than 100 helicopters valued at over $1.5 billion and closed
leases with 22 operators in over 20 countries on six continents. Further
information is available at www.milestoneaviation.com.

Contact:

Milestone Aviation Group
Eric Berman / Nathan Riggs of Kekst and Company
+1 212-521-4894 / +1 212-521-4804
 
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