- Bristow Group (VTOL, Financial) partners with Sikorsky for a long-term support agreement for over 60 S-92 helicopters.
- The agreement includes Sikorsky's Total Assurance Program (TAP), ensuring predictable operating costs.
- Innovative enhancements like the S-92 Phase IV gearbox with auxiliary lubrication system are planned for 2025.
Bristow Group Inc. (VTOL) and Sikorsky, a Lockheed Martin company, have solidified a long-term agreement to significantly enhance the support for Bristow's fleet of over 60 S-92 helicopters. This partnership extends the collaboration between the two companies, ensuring Bristow retains its position as the world’s largest operator of the S-92 model.
Key features of the agreement include Sikorsky’s Total Assurance Program (TAP), designed to provide Bristow with stable post-purchase support and predictable operating expenses. The Power-by-the-Hour (PBH) agreement is particularly highlighted, aiming to transform unpredictable maintenance costs into manageable, fixed expenses while covering over 90% of replacement costs for parts, including airframes and gearboxes.
Enhancements associated with the service package include extended inspection intervals and a one-time life extension for certain main gearbox housings, potentially adding 12-24 months of operational time for operators. Additionally, the S-92 Phase IV main gearbox, featuring an auxiliary lubrication system, promises to improve operational safety and is expected to receive FAA certification by 2025.
These strategic moves are set to reinforce Bristow’s fleet performance, boasting a lifetime availability rate exceeding 90%. The agreement effectively positions Bristow to mitigate supply chain disruptions and inflation risks, offering substantial financial benefits without the need for new capital investment. As a key player in the offshore energy and search and rescue markets, Bristow continues to lead with innovative and sustainable aviation solutions.
