ANAHEIM, Calif.—Pratt & Whitney Canada (P&WC) and helicopter leasing firm Milestone Aviation Group, signed a US$75-million, 15-year engine maintenance deal.
Initially, 25 helicopters with P&WC PT6C-67C engines will be covered under the fleet management program with the intent to expand the scope to include PW210S, PW210A, PT6C-67E, PT6B-37A, PT6T and PW207C engine models in the future.
“With more than 3,700 P&WC-powered helicopters flying globally, the helicopter market is a vital part of our portfolio and effectively supporting the needs of these operators is paramount,” said John Di Bert, vice-president, Customer Service, P&WC.
The engine fleet management program will also offer helicopter operators who lease through Milestone a turnkey contractual framework.
“The agreement to deliver P&WC’s fleet management program to helicopter lessees is a testament to our mission to provide unique solutions to our customers that help preserve their capital, reduce their risk and improve their cash flow,” said Matthew Harris, chief operating officer, Milestone Aviation Group.
P&WC and Milestone have worked together since 2010, a prtnership that has expanded to include more than 160 P&WC engines across all variants.
Based in Longueuil, Que., P&WC is a wholly owned subsidiary of United Technologies Corp. (UTC). UTC is a diversified company that provides a broad range of high-technology products and services to the global aerospace and building systems industries.
Milestone Aviation Group is a global helicopter leasing company with 143 aircraft valued at over US$2.2 billion and closed leases with 26 operators in 20 countries on six continents.