This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Longtime Sikorsky Customer Zhuhai Helicopter Company To Acquire Additional S-92® Helicopters

PARIS , June 18, 2013 /PRNewswire/ -- PARIS AIR SHOW --  Sikorsky and Zhuhai Helicopter Company (ZHC) today announced a new contract for four Sikorsky S-92 ® offshore utility helicopters. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX).


ZHC, a fully-owned subsidiary of China Southern Airlines Ltd., is a leading provider of offshore helicopter service in China, serving both Chinese and Western oil companies. Since May 2011, ZHC has contracted for eight S-92 helicopters to support the ever-expanding offshore oil operations in the South China Sea by ZHC's customers. ZHC has used Sikorsky helicopters for about 29 years.

"We are excited to see Zhuhai's continuing expansion and deeply appreciate their customer loyalty to our products and services," said Ed Beyer, Vice President of Sikorsky Global Helicopters. "After deliveries in 2014 and 2015, ZHC will operate nine S-92 and 12 S-76 ® helicopters of various models, continuing as the largest Sikorsky commercial fleet operator in Asia and one of the key offshore helicopter operating companies on the Asian offshore oil market."  

Over the past decade ZHC's business and reputation have continued to grow, and the company has been expanding continually and upgrading its helicopter fleet, which has been turned into an exclusive Sikorsky fleet.

The multi-mission S-92 helicopter incorporates numerous safety features, including a flaw-tolerant design. The S-92 helicopter was certified to FAA/EASA harmonized Part 29 requirements, as amended through Amendment 47. The S-92 helicopter remains the only aircraft to have been certified to this rigorous airworthiness standard without exception or waiver .

In February, the global fleet achieved the half-million flight-hour milestone. Off shore oil operators fly the aircraft for an average of 90–110 hours per month in often challenging environments. The S-92 helicopter also performs Head of State missions, search and rescue (SAR) operations as well as a variety of transportation missions for utility and airline passengers. Since entering service in September 2004, the S-92 fleet has grown to 170 aircraft and logged more than 530,000 flight hours to date.

This summer, Sikorsky will formally offer the S-92 platform to the U.S. Government, which is seeking to replace the "Marine One" helicopter fleet that transports the President of the United States.

Sikorsky, based in Stratford, Conn., U.S.A., is a world leader in helicopter design, manufacture, and service. United Technologies Corp., based in Hartford, Conn., U.S.A., provides a broad range of high technology products and support services to the aerospace and building systems industries. For updates from United Technologies Corp.'s aerospace businesses visit or follow @UTC on Twitter.  

SOURCE Sikorsky Aircraft Corp.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,832.52 +56.09 0.33%
S&P 500 1,982.88 -4.17 -0.21%
NASDAQ 4,753.0490 -28.2150 -0.59%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs