SHAH ALAM: How much is that helicopter in the window. It depends actually but according to Wikipedia, the price of a single Leonardo AW139 twin engine helicopter, is around US$12 million (RM50 million). The actual sticker price will be according to the specifications of the buyer, of course.
Anyhow, the cost of the “Day and night multipurpose helicopter rental services for the RMAF” by Weststar Aviation as announced at DSA 2022 is RM265 million (it was not announced publicly but the figure was listed in the greeting book for VIPs at the ceremony).
However ,it does not list out the duration of the contract though if you divide it into four years, the annual rental cost for the four AW139 will be RM66 million (or RM16 million per air frame annually). RMAF, however, will be responsible for the fuel and personnel costs.
RMAF had previously stated the cost of maintenance for the Nuri fleet (for at least 12 aircraft) was about RM70 million annually. It stated that despite this, the number of airframes available were low. This resulted in RMAF deciding that it does not make economic sense to continue operating the Nuri and its decision to lease the replacements instead while waiting for replacements by 2026.
So what do you think of the leased deal?. Is it a fair deal? It must be noted much of the cost of the rental service is the insurance premium, according to an industry source. The premium is higher as the end user is a military organisation instead of a civil one.
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