Milestone expands S-92 helicopter fleet. Eyes further acquisitions

Offshore helicopter operator Milestone has bought a Sikorsky S-92A aircraft, MSN 920155, bringing its 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 & rescue and executive transport,” Milestone said in a statement announcing the purchase.

Pat Sheedy, Managing Director of Portfolio and Underwriting at Milestone, said the S-92A was the cornerstone of the company’s Oil and Gas portfolio.

Sheedy said: “…given the size and scale of our fleet, we believe we are uniquely positioned to manage these assets and provide optimal fleet & 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.”

Milestone’s owned and a debt-financed fleet of S-92A helicopters accounts for more than thirty percent of all S-92A aircraft in operation globally, the company said.

Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today please contact us via our advertising form where you can also see our media kit.