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Milestone Becomes Largest S-92 Fleet Owner
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GE Capital Aviation Services unit Milestone Aviation Group
recently completed the purchase and leaseback of four Sikorsky S-92
helicopters, boosting the company's owned and financed portfolio of S-92s to
over 95—more than one-third of the total S-92 fleet. Milestone is now the
owner of the largest S-92 fleet in the world.
Milestone CEO Daniel Rosenthal
said Sikorsky “has demonstrated a focus on keeping these aircraft
competitive.” In recent years the offshore industry has shifted its
preference to medium and super-medium helicopters, as opposed to large
helicopters such as the S-92. However, used S-92s remain price competitive
for many offshore applications, and others have been shifted to search and
rescue missions, where the S-92 is proving increasingly popular.
Sikorsky has taken significant
actions in recent years to reduce the cost of S-92 operation including
reducing AOG turnaround time by two-thirds, improving forward stocking of
parts, adding authorized service centers, increasing the intervals between
major inspections, adding real-time health usage and monitoring, and
integrating it with the maintenance management system, interactive technical
manual, and Sikorsky360 customer portal to speed maintenance recommendations
and parts ordering.
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