Nineteen Additional Sikorsky S-92 Helicopters To Be Acquired By Leasing Company | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 08.17.17

Airborne 08.14.17

Airborne 08.15.17

Airborne 08.16.17

Airborne 08.17.17

Airborne 08.18.17

Airborne-Unmanned 08.15.17

Airborne-YouTube

AMA 08.17.17

Airborne 08.14.17

Airborne 08.15.17

Airborne 08.16.17

Airborne 08.17.17

Airborne 08.18.17

Airborne-Unmanned 08.15.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Fri, Aug 17, 2012

Nineteen Additional Sikorsky S-92 Helicopters To Be Acquired By Leasing Company

Milestone Aviation Group Total Order For 22 Aircraft Valued At Close To $700 Million

Helicopter leasing company Milestone Aviation Group has signed a contract to purchase nineteen additional Sikorsky S-92 helicopters. These aircraft are in addition to the three S-92 aircraft Milestone purchased from Sikorsky in February 2012. The first two aircraft are scheduled for completed delivery in late 2012 and the final aircraft is scheduled for delivery in 2016. The 22-aircraft order is valued at $682 million at list prices.

"This acquisition represents Milestone's largest helicopter order to date and we are very pleased to partner with Sikorsky again," said Milestone Chairman Richard Santulli. "The S-92 (pictured in Sikorsky file image) has quickly established itself as one of the dominant helicopters in the world for a range of missions including offshore oil and gas and search and rescue. We have a great relationship with Sikorsky and by offering 100% operating lease financing on this aircraft, we can help introduce it to an ever-wider market of high quality operators around the world."

The new aircraft will serve a variety of roles with operators worldwide, such as transporting workers to offshore oil and gas platforms, air ambulance, search and rescue, and civil defence. The offshore oil and gas environment is now the largest area of opportunity for heavy duty, mission-critical helicopters, and nearly 88% of Milestone's aircraft are currently operating in oilfield services, with more in associated search-and-rescue tasks. Industry research indicates that this trend is expected to continue for many years.
 
These 22 aircraft join a growing inventory of Sikorsky aircraft that Milestone has purchased directly from Sikorsky since December 2010, including seven S-76C++ helicopters. In addition to these direct orders Milestone has provided 100% operating lease financing for 12 additional Sikorsky aircraft.

FMI: http://milestoneaviation.com/helicopter-leasing/

Advertisement

More News

AMA Drone Report 08.10.17: AMA Gov't Outreach, Nat'l Model Av Day, Lego Drones

Also: Volaero Tracks Pythons, Army v DJI, Snap Acquiring Drone?, Orlando Backs Down There’s no rest for the folks at AMA that deal with the politics that comes with flying ho>[...]

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne-Unmanned 08.15.17: Reno Drone Races, DoD CrackDown, Blue Angels v UAV?

Also: Kansas DOT-AirMap, CIRRUAS Drone Program, Daytona Beach PD UAS, Virginia UAS SAR The Reno Air Racing Association has signed an agreement with the MultiGP Drone Racing League >[...]

Airborne 08.16.17: Skydive Myrtle Beach Update, WWII Mosquito, USMC Op Reset

Also: New Legend, FAA’s Earl Lawrence, NFL 767s, Boeing Board, Singapore Airlines, NE Drones, Stuart Jet Ctr Horry County, SC government officials have has reversed their sto>[...]

Airborne 08.15.17: Lycoming AD, Reno Drone Racing!, Santa Monica NIMBYs

Also: Icon A5 Accident, Aero-Calendar, Land Remote Sensing, Storm Aviation, Frontier, World Helicopter Day, Hubble The FAA has issued an Airworthiness Directive (AD) for the connec>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC