Milestone Aviation Group signs contract with Sikorsky to purchase eight additional S-92 helicopters

Milestone Aviation Group, a global leader in helicopter leasing, and Sikorsky Aircraft Corporation released that Milestone has increased its S-92 order book by eight units. Milestone is already one of the world’s largest S-92 owners and with this latest announcement, it has increased its firm and option S-92 orders to 37 aircraft valued at more than US$ 1.2bn. The forward orders are scheduled to deliver over the next five years with 15 scheduled for completed delivery in 2014 and 2015; more than half of which are already on lease or under letter of intent.