Entries by kylehickman

Milestone Aviation Provides $230 Million Secured Debt Facility to Bristow Group

Dublin, Ireland, February 2, 2017 – Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services (“GECAS”) company and the global leader in helicopter leasing, announced today a commitment letter with Bristow Group Inc. (“Bristow”), a leading provider of global industrial aviation services. Under the agreement, Milestone is providing a $230 million secured term loan facility […]

Milestone Aviation Names Daniel Rosenthal President and CEO

Dublin, Ireland, December 1, 2016 — Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company (“GECAS”) and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue […]

Bell Helicopter and Milestone Aviation Support Airlink Relief Efforts in Haiti Following Hurricane Matthew

Fort Worth, TX and Norwalk, CT November 3, 2016 – Helicopters are once again proving their worth in the wake of Hurricane Matthew, and three firms – Bell Helicopter, Airlink and GE – have combined efforts to match helicopter capability with the essential need to transport aid workers and supplies to regions in Haiti inaccessible […]

Milestone Aviation to support enhanced EMS operations in Australia with lease of Leonardo AW139 to LifeFlight

Dublin, Ireland and Brisbane, Australia, October 24, 2016 – Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has recently leased a new, EMS equipped Leonardo AW139 helicopter to LifeFlight (formerly known as CareFlight) to support emergency medical services (EMS) and search […]

Milestone Aviation Group Announces Expanded Commercial Team

Eight New Commercial Executives Hired and Five New Offices Opened in Dallas, Dubai, Hong Kong, Sao Paulo, and Singapore DUBLIN, September 28, 2015 – Milestone Aviation Group, a GE Capital Aviation Services (GECAS) company headquartered in Dublin and the global leader in helicopter leasing, announced today that it has expanded its commercial team with eight newly […]

Milestone Aviation Group to Acquire 28 H175 Airbus Helicopters

Represents largest customer commitment for Airbus’ new super-medium-lift rotorcraft Agreement marks new step in Airbus Helicopters-Milestone Aviation Group relationship Le Bourget, France, 15 June, 2015 – Airbus Helicopters, a division of Airbus Group, and Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that Milestone has […]

Bell Helicopter and Milestone Aviation Group Sign LOI for 20 Bell 525 Relentless As Aircraft Continues to Gain Traction across Globe

Paris, France (June 15, 2015) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil […]

Milestone Confirms Orders for Three More AW139s

Finmeccanica-AgustaWestland announced today that Milestone Aviation Group has signed a firm order for three additional AW139s that will be made available for lease to Milestone’s customers and operators globally. This contract is part of a multi-year commitment signed in September 2013 by Milestone Aviation to purchase up to 45 AgustaWestland helicopters and brings the total […]

MILESTONE AVIATION GROUP EXPANDS GLOBAL OPERATIONS AND ENHANCES FINANCIAL FLEXIBILITY FOLLOWING ACQUISITION BY GE CAPITAL 

– New Offices to Open in Asia, South America and Middle East/Africa; Expansion in Europe – – Increased Financial Strength after GE Capital Acquisition – ORLANDO, Florida, March 2, 2015 –Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing announced today at Helicopter Association International’s Heli-Expo that the […]

GE Capital Aviation Services Closes Acquisition of Milestone Aviation Group

DUBLIN, Ireland – January 30,  2015 – GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced it completed and closed its acquisition of Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion plus the assumption or payoff of Milestone’s existing debt. “The acquisition of Milestone is a key […]