Leonardo AW139 - Aircraft Overview
The Leonardo AW139 is a medium-large twin-turbine helicopter produced by Leonardo (formerly AgustaWestland) in Yeovil, UK and Philadelphia, USA. It is the world's best-selling medium helicopter in its class, with over 1,000 delivered globally. Its combination of high cruise speed, impressive range, twin-engine safety and large pressurised cabin have made it the preferred type for offshore oil and gas and SAR operations worldwide.
Key Specifications
- Engines: Twin Pratt & Whitney Canada PT6C-67C
- Max cruise speed: 167 kts (309 km/h)
- Range: approx. 1,250 km
- Max takeoff weight: 6,800 kg
- Payload: approx. 2,800 kg
- Seats: 2 crew + up to 15 passengers
Typical UK Uses
- North Sea offshore crew transfer
- Search and rescue (SAR)
- VVIP transport
- Border Force / coastguard
- Military utility (AW139M)
The AW139 is manufactured partly at Leonardo's Yeovil facility, giving it strong UK industrial heritage and an excellent UK support network. For offshore operators in the North Sea, the AW139 is effectively the industry standard - which translates into lender familiarity and a liquid secondary market that supports competitive finance terms.
AW139 Finance - What to Expect
AW139 finance is typically structured through specialist aviation finance lenders or international aircraft lessors rather than mainstream asset finance providers. Transactions at this scale require detailed underwriting, lender site visits, and independent appraisals.
Typical Purchase Price
New: £14m–£16m Pre-owned: £4m–£9m (varies widely)
Minimum Deposit
From 25% of purchase price (c.£3.5m–£4m on a new aircraft)
Finance Rates Available
From 5.9% p.a. (structured HP/lease) Finance lease from 6.0% p.a.
Typical Term
Up to 12 years (HP on new) Operating lease: 7–10 year terms typical
For offshore operators, long-term contracts with oil majors or government bodies can be used to underpin lender confidence and may support longer terms at lower rates. Sale-and-leaseback is also widely used in this sector to release equity from existing owned aircraft.