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 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **
** Airborne 11.19.14 ** HD iPad-Friendly -- Airborne 11.19.14 **
** Airborne 11.17.14 ** HD iPad-Friendly -- Airborne 11.17.14 **

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

Barnstorming: FAA -- The Original EPA

The Governmental Death By 1000 Cuts Continues... Guest Editorial by Rich Davidson, Grass Cutting Administrator At Lee Bottom Flying Field/API Advisory Board Did you feel that Aero->[...]

Airborne 11.21.14: AEA's 3Q/14 Report, Fantasy Of Flight, Modernizing The NAS

Also: Holland Wants Gold, FAA Strangling UAVs?, RAF WWII Trainer For Sale, Bf109s Live, Georgia v Aerospace Engineers The Aircraft Electronics Association has released its third-qu>[...]

Aero-TV: Lessons Learned -- Reflecting On Mark Baker’s First Year At AOPA

A No-Nonsense Q&A With AOPA Boss, Mark Baker ANN CEO and Editor-In-Chief, Jim Campbell sat down with AOPA’s President, Mark Baker to discuss his first year at the job and>[...]

AD: Agusta S.p.A. Helicopters

AD NUMBER: 2014-23-02 PRODUCT: Certain Agusta Model A109E, A109K2, A119, and AW119 MKII helicopters.>[...]

ANN's Daily Aero-Linx (11.22.14)

Baja Bush Pilots The Baja Bush Pilots organization was started by Arnold Senterfitt, author of the book "Airports of Baja and Mainland Mexico".>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC