Milestone Aviation Group Limited

The Milestone Aviation Group Limited (“Milestone”) announces that it has signed a sale and leaseback agreement for one super-medium Airbus H175 helicopter with commercial helicopter operator PHI Aviation (“PHI”). The H175 helicopter, known for its long range, advanced avionics, and high payload capacity, was recently delivered to PHI and will fly offshore energy missions for its operations in Australia.

The Milestone Aviation Group Limited (“Milestone”), a provider of helicopter leasing, together with Australian firefighting equipment designer and manufacturer, Helitak Firefighting Equipment Pty Ltd (“Helitak”), announces that the U.S. Federal Aviation Administration (FAA) has certified the FT5000 fire tank and granted a supplemental type certificate for the Sikorsky S-92A helicopter. The industry-first firefighting platform combines unique capabilities of the S-92A with Helitak’s lightweight, carbon-fiber FT5000 system, including a retractable belly-mounted fire suppression tank with a 5,000-liter (1,320 US gallons) capacity.

The Milestone Aviation Group Limited (“Milestone”), a leader in helicopter leasing, partners with Australian fire-fighting equipment designer, Helitak Fire Fighting Equipment Pty Ltd (“Helitak”), to develop a new mission for the Sikorsky S-92A as a next-generation, multipurpose fire-fighting platform.