Four Sikorsky S-92s Added to Bristow Fleet
Sikorsky, April 25, 2007 - STRATFORD, Connecticut - Sikorsky Aircraft Corp. has sold four additional S-92 helicopters to the Bristow Group Inc. (NYSE:BRS), which exercised options to purchase the aircraft under an existing sales agreement. With the sale, Bristow increased its firm deliveries from seven to 11 S-92s, and added 10 more optional aircraft to the contract. Sikorsky Aircraft, based in Stratford, Conn., is a business unit of United Technologies Corp.
Bristow will use the S-92s to fulfill offshore transportation requirements in various parts of the world. In addition, Bristow anticipates potentially using several of its future deliveries or options for commercial search and rescue requirements.
"The S-92 fleet is approaching 45,000 flight hours after just more than two years in service, and some operators are exceeding 180 hours per month. There is unprecedented demand for the S-92, and this additional Bristow order is further expression of the confidence that our customers have in the aircraft," said Stephen B. Estill, Sikorsky Vice President and Chief Marketing Officer.
The S-92 was the first helicopter in the world certified to the latest Federal Aviation Administration and European Aviation Safety Agency/Joint Aviation Authorities joint airworthiness safety standards.
The S-92 has a proven operational readiness rate in excess of 98 percent. Current operators of the S-92 helicopter are experiencing a significantly reduced manpower requirement.
The aircraft won the Collier Trophy as the greatest aerospace achievement of 2002, and features a Rotor Ice Protection System available on S-92 helicopter military variants as well as commercial aircraft.
Sikorsky Aircraft Corp., a world leader in helicopter design, manufacturing and service, is dedicated to the mission statement that, "We pioneer flight solutions that bring people home everywhere...every timeTM."United Technologies Corp., of Hartford, Conn., provides a broad range of high-technology products and support services to the aerospace and building systems industries.
Bristow Group Inc. is a leading provider of helicopter transportation services to the worldwide offshore energy industry. Through its subsidiaries, affiliates and joint ventures, the company has major operations in the U.S., Gulf of Mexico, and North Sea, and operations in most of the other major offshore oil and gas producing regions of the world.
This press release contains forward-looking statements concerning potential production and sale of helicopters. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in civil aircraft procurement priorities and practices, budget plans or availability of funding or in the number of aircraft to be built; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.
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