Milestone Signs Lease Agreements with Offshore Helicopter Se
Stay informed with our
free newsletters

This news is classified in: Aviation Contracts Helicopters

Apr 12, 2023

Milestone Signs Lease Agreements with Offshore Helicopter Services for 5 Sikorsky S-92 Helicopters

Dublin – Wednesday, April 12, 2023 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed lease agreements with Offshore Helicopter Services UK Limited (“OHS”) for five Sikorsky S-92 helicopters.

The agreements include the extension of three Sikorsky S-92 helicopters and the placement of two additional S-92s which are scheduled to deliver in 2023. The oil and gas configured helicopters will support OHS’s offshore operations in the North Sea.

“We are pleased to continue building our relationship with OHS, having worked closely together for many years,” said, Pat Sheedy, the CEO of Milestone Aviation. “It gives us great satisfaction to be able to support them and their new parent company, Ultimate Aviation, as they expand their offshore fleet, and we congratulate them on their new partnership.”

Global Military Helicopter - Market and Technology Forecast to 2027

Global Military Helicopter - Market and Technology Forecast to 2027

Market forecasts by Region, by Platform, and by Component. Country analysis, Market Overview, Opportunity Analysis, and Leading Companies

Download free sample pages More information

Paul Kelsall, Managing Director of OHS, commented, "As part of our fleet strategy to meet increased demand from customers and improve airframe utilization, we have chosen to phase out first generation S92s and replace them with younger S92s. This significant deal strengthens our relationship with Milestone Aviation, a key supplier, and underlines our commitment to providing clients with the very best equipment and service level.”

Shaun Roseveare, Chief Executive Officer of Ultimate Aviation, added, “Operational excellence is absolutely vital in the North Sea, and this investment in new aircraft is key to ensuring OHS is a market leader for years to come. Our active support for this transaction is a sign of our confidence in the vision to grow the capabilities of our offering there.”

Milestone Aviation
View original News release