Milestone Announces Sale of Sikorsky S-92 Helicopter to Brunei Shell Petroleum

The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced it has sold a Sikorsky S-92 helicopter to Brunei Shell Petroleum Company Sendirian Berhad.

The S-92 is configured for passenger transport and is intended for offshore oil and gas missions in Brunei, Borneo.

“We are very pleased to work with Brunei Shell Petroleum on this sale transaction. The S-92 is the workhorse of the offshore oil and gas industry and will continue to be for many years thanks to its advanced capabilities and proven reliability,” said Michael York, the Head of Emerging Markets, Milestone Aviation. “The sale of this aircraft is also testament to the strong liquidity in the helicopter market. We are grateful to BSP for the trust that they have placed in Milestone, and we thank them for their business.”

John Cameron, the Head of Aviation, Brunei Shell Petroleum said, “The purchase of the additional S92 and optimization of our Aviation Fleet allows the BSP Aviation department to continue providing safe and efficient air transport services.  The S92 has been a cornerstone of our air transport services since 2007 and we look forward to continued operations with the aircraft for several years.”