Milestone Aviation Places Order for 19 More Sikorsky S-92 Helicopters

 - August 14, 2012, 2:50 PM

Milestone Aviation Group announced today that it signed a contract to purchase 19 more Sikorsky S-92s. This order is in addition to three S-92s purchased by the aircraft lessor in February, with the first two helicopters scheduled for delivery later this year. In total, the 22-aircraft order is valued at $682 million.

The new helicopters will serve a variety of roles with operators worldwide, including offshore oil and gas platform transportation, air ambulance, search-and-rescue and civil defense. Nearly 88 percent of Milestone’s aircraft are currently operating in oilfield services.