Milestone Aviation Group Limited, has announced the acquisition of an incremental Sikorsky S-92A aircraft, MSN 920155, bringing the company’s total S-92A fleet to 79 units. As the largest owner of the S-92A globally, the purchase illustrates Milestone’s ongoing commitment to the type, which is the primary aircraft servicing the offshore oil-and-gas industry as well as serving search-and-rescue and executive transport.
Advertisement
Referring to the recent acquisition, Pat Sheedy, managing director of portfolio and underwriting at Milestone, said: “The S-92A is the cornerstone of our oil-and-gas portfolio and, given the size and scale of our fleet, we believe we are uniquely positioned to manage these assets and provide optimal fleet and support solutions for our customers and the overall industry. We continue to look to expand our S-92A portfolio where we see attractive opportunities in the secondary market.”
Advertisement
Milestone’s owned and debt-financed fleet of S-92A helicopters accounts for more than 30 percent of all S-92A aircraft in operation globally. Having been referred to by the FAA certification board as the “safest helicopter in the world,” and operating more than 1.5 million fleet flight hours, the twin-engine medium-lift helicopter offers strong economics, reliability, capacity and safety required for a range of operators’ missions.
