8-Jun-2018 Source: Milestone Aviation
Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has completed the purchase and lease back of four S-92® aircraft. The acquisition of these aircraft expands Milestone’s owned and debt financed fleet of S-92 helicopters to over 95 — more than one third of all S-92 aircraft in operation globally.
Ideally suited for a variety of missions, including offshore oil & gas transportation as well as search and rescue, S-92 helicopters have provided more than 1.3 million reliable flight hours with operators around the world.
“With their continued commitment to the platform, driving both availability and affordability, Sikorsky has demonstrated a focus on keeping these aircraft competitive,” said Daniel Rosenthal, Milestone President and CEO, noting “Milestone takes pride in our partnership with Sikorsky and our ability to place these aircraft in operation while securing our fleet’s future marketability.”
“As the largest owner of S-92’s in the world, Milestone’s commitment to the type is second to none,” said Sikorsky’s Vice President, Commercial Systems & Services, Dana Fiatarone. “We value our collaboration with Milestone, and Sikorsky is committed to future enhancements and continued support to ensure the S-92 remains the offshore commercial helicopter of choice for operators.”