Norwegian Company buys 6 S-92

27 July 2000

Aircontactgruppen AS of Norway has signed a Letter of Intent with Sikorsky Aircraft Corporation to acquire six new S-92 helicopters. The aircraft, to be delivered between 2004 and 2007, would be offered for operating lease.

S-92 launch customer Cougar Helicopter, an offshore oil operator based in eastern Canada, earlier this year signed a deposit agreement for up to five of the aircraft with deliveries starting in 2002. Two civil operators have also signed agreements that will lead to the placement of S-92 aircraft. They are Helijet of Vancouver, British Columbia and Copter Action of Finland.

"We believe that the S-92, with its low operating cost and advanced technology, will be an excellent helicopter for the operators," said Johan H. Stenersen, Chairman of Aircontactgruppen. Sikorsky President Dean Borgman said, "We appreciate the confidence and commitment shown by Aircontactgruppen in our S-92 helicopter."

Tommy Thomason, Sikorsky Vice President - Civil Programmes, said, "I know operators will appreciate the S-92 as a significant step up in medium helicopter capability. Its performance in test meets our challenging performance, reliability and operating cost goals."

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