Milestone Continues Buying Binge

Leasing company Milestone Aviation continued its buying binge here at Heli-Expo yesterday, announcing firm orders for 30 new Sikorsky S-92A and S-76D helicopters and options for 24 more. Both Milestone and Sikorsky declined to place a total value on the order and options. Deliveries run from now through 2017.

The multi-year order consists of firm orders for 23 S-92As and seven S-76Ds and options for 14 S-92As and 10 S-76Ds. “We’re all-in with Sikorsky,” proclaimed Milestone CEO Richard Santulli. Milestone currently owns 79 helicopters and the order, if fully exercised, would add 54 to that total. This excludes orders placed by Milestone and previously announced with other OEMs.

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