Milestone Signs First Lease Agreement with China Southern Airlines for One Sikorsky S-92 Helicopter

ANAHEIM, CA – February 26, 2024 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has signed a lease agreement with China Southern Airlines General Aviation (“CSAGA”) for a Sikorsky S-92 helicopter.

The helicopter is configured for offshore passenger transport and will be deployed on critical offshore oil and gas missions in China from CSAGA’s Zhuhai base. The lease of this S-92 helicopter follows the sale of an S-92 helicopter by Milestone to CSAGA in 2023.

Speaking at HAI Heli-Expo in Anaheim, Michael York, the Head of Emerging Markets, Milestone Aviation, said, “We are delighted to further our relationship with China Southern Airlines with the signing of this lease agreement and look forward to continuing to support them with their fleet requirements.”

Frank Cai, Deputy GM of CSAGA for Aircraft Procurement and Maintenance, said, “The introduction of this S-92 not only helps CSAGA boost market share in China’s oil and gas helicopter service industry but also marks a new era of collaboration between CSAGA and Milestone Aviation.”