Sikorsky sells 30 helicopters to Milestone Aviation Group

Sikorsky has sold 23 S-92s and seven S-76Ds to Milestone Aviation Group, with options on a further 14 S-92s and 10 S-76Ds.

The company expects to begin delivering the S-92 and S-76D helicopters beginning in 2013 and continuing through 2017.

“The global appetite for oil continues to drive significant growth in demand for offshore oil helicopters and operators, and no one has fueled the offshore oil helicopter market sector with more financial capital in the last two years than Milestone,” said Robert Kokorda , Sikorsky’s vice president of Sales & Marketing.

Milestone has more than 79 helicopters leased to date, valued at more than one billion dollars. Milestone’s business model is based on building long-term business relationships with Sikorsky and partnerships with its worldwide customer base.

“The S-92 and S-76D are both great helicopters and workhorses of the offshore oil and gas industry,” said Richard Santulli , Milestone’s chairman. “We believe there will be tremendous demand for these machines from operators all over the world. We are thrilled to work with Sikorsky to deliver their product to market.”