Will Be Operated In Asia

Sikorsky Aircraft signed a contract this week to provide Washington Times Aviation with two S-92 helicopters for airline use. The aircraft are expected to be delivered in 2008 and 2009, and will operate in Asia.

This will be the fifth and sixth S-92 helicopter purchases within the last three years for Washington Times Aviation. Many of these aircraft will be used for "mass passenger transportation" in Korea, and will be housed in a hangar at the Kimpo Aerospace Industrial Complex.

Times Aerospace Korea, a subsidiary of Washington Times Aviation, will operate S-92 and S-61 aircraft at this multi-functional facility. Other activities planned between Times Aerospace Korea, LLC and Sikorsky at this facility include the operation of an S-76 helicopter customer service center, and a comprehensive S-61 modernization and overhaul center.

"Washington Times Aviation was one of the early launch customers of the S-92 helicopter," said Sikorsky President Jeffrey Pino. "This signing speaks volumes that this customer has now ordered a total of six S-92 helicopters and has plans for even more. Sikorsky is proud to continue this successful relationship and looks forward to a healthy future providing this proven aircraft for missions in the Asia region."

Douglas Joo, chairman of the Washington Times Corp., said his company carefully considered the options available in the marketplace before choosing Sikorsky.

"After a thorough review of modern helicopters for our airline mission, there was only one choice: the S-92 helicopter. Our VIP S-92 helicopter in Korea flies almost everyday, with outstanding dispatch reliability," Joo said.

FMI: www.sikorsky.com