Finance, Taxes, Insurance
Milestone Leases Five S-92s to North Sea Operator
Milestone is extending existing leases, placing more Sikorsky S-92s with Offshore Helicopter Services.
Milestone Aviation Group has signed lease agreements with Offshore Helicopter Services UK Limited for five Sikorsky S-92 helicopters.
Milestone Aviation Group has signed lease agreements with Offshore Helicopter Services UK Limited for five Sikorsky S-92 helicopters.

Milestone Aviation Group has signed lease agreements with Offshore Helicopter Services UK (OHS) for five Sikorsky S-92 helicopters. The agreements extend leases on three S-92s and the placement of two more, scheduled for delivery later this year. The additional S-92s are believed to be coming from those held in storage by Milestone. The oil- and gas-configured aircraft will support OHS’s North Sea offshore operations.

OHS managing director Paul Kelsall said the deal is part of the company’s “fleet strategy to meet increased demand from customers and improve airframe utilization” by phasing out older S-92s and replacing them with younger ones.

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