Milestone Signs Lease Agreements with CITIC Offshore Helicopter for Three Heavy Helicopters

The Milestone Aviation Group Limited (“Milestone”), a provider in helicopter leasing, announces that it has signed lease agreements for three heavy helicopters with CITIC Offshore Helicopter Company Limited (“COHC”). The agreements include the placement of two Sikorsky S-92 helicopters and one Airbus H225 helicopter, all of which are configured for offshore passenger transport and will be deployed on critical offshore oil and gas missions from COHC’s Shenzhen base.

The first aircraft, an S-92, has already been delivered with the remaining aircraft scheduled to deliver in the coming months.

Milestone’s relationship with COHC began in 2014. The addition of these three aircraft brings COHC’s total helicopter fleet on lease from Milestone to six.

Pat Sheedy, CEO of Milestone Aviation, says, “The signing of these lease agreements is a testament to the strength of our relationship with COHC, which is now a decade in the making. COHC is China’s largest offshore operator, and Milestone is proud to continue to support their fleet requirements. We thank Mr. Zengjun Yan and the COHC team for the trust they have placed in us.”

Zengjun Yan, general manager, COHC, says, “We are delighted to be entering our tenth year of partnership with Milestone, and we greatly appreciate the continued support and expertise of the
team. We look forward to working together with Milestone in the future.”

For more information, visit www.milestoneaviation.com.