Contract in addition to three helicopters ordered earlier in year, bringing total to $682-million
DUBLIN, Ireland—Milestone Aviation Group has inked a $589-million deal with Sikorsky Helicopter for 19 S-92 helicopters.
These aircraft are in addition to the three S-92 aircraft Milestone purchased from Sikorsky in February 2012, according to the Irish firm, bringing the order total up to $682-million.
The first two aircraft are scheduled for delivery in late 2012, with the final aircraft scheduled for delivery in 2016.
According to Milestone, 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 per cent of Milestone’s aircraft are currently operating in oilfield services, with more in associated search-and-rescue tasks.
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 per cent operating lease financing for 12 additional Sikorsky aircraft.
Sikorsky has facilities in Abbotsford, B.C., and Winnipeg, Man.