Milestone Delivers Sikorsky S-92 Helicopter to New Customer China General Aviation Company Limited

DUBLIN – November 9, 2023 – The Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, today announced that it has delivered a Sikorsky S-92 helicopter to China General Aviation Company Limited (“CGAC”), a new customer for Milestone.

The S-92 helicopter is configured for offshore passenger transport and will be deployed on critical offshore oil and gas missions, from CGAC’s Hainan base. 

“We are very pleased to welcome China General Aviation Company as a new customer to the Milestone Aviation Group with the delivery of the first S-92 helicopter,” said Michael York, the Head of Emerging Markets of Milestone Aviation. “We thank CGAC for the trust they have placed in Milestone and look forward to working with them as they continue to expand their offshore fleet.”

“We are delighted to have officially partnered with Milestone for the lease of this S-92 helicopter,“ said Shiming Zhang, the Deputy General Manager of CGAC. “We extend our sincere thanks to the Milestone team for their outstanding professionalism, cooperation, efficiency and dedication. We look forward to the possibility of collaborating with Milestone on further helicopter leases in the years to come.”

About Milestone

Milestone Aviation Group, an AerCap company, is the world’s leading helicopter leasing and financing company. Milestone partners with helicopter operators worldwide, providing a wide array of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory. The company supports approximately 50 customers in approximately 35 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining, fire-fighting, and other utility missions. 

About AerCap

AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around the world.

About China General Aviation Company Limited 

China General Aviation Co., Ltd. (CGAC) is the earliest professional company engaged in general aviation operations in China.  It is also the earliest Class A general aviation enterprise in China that has passed the certification of CCAR-91 and CCAR-135.  The operational capability covers three major areas: helicopters, fixed wing and UAVs. The flight operation area covers the Gobi Desert, high-latitude cold zones, sea areas and plateaus spanning 31 provinces, municipalities and autonomous regions across the country. The company can independently complete various environmental and special operations on the sea and land in various environments at home and abroad.  By the end of 2022, the 38th anniversary of continuous safe production flight was achieved, with a total safe operation of 370,000 hours.

Forward-Looking Statements

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