Entries by kylehickman

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 […]

MILESTONE AVIATION GROUP FINANCES HELICOPTERS FOR BRISTOW HELICOPTERS LTD UK SAR FLEET

– Company Will Purchase and Lease 12 Aircraft to Bristow Group – Dublin, Ireland, November 11, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed seven of 12 helicopter leases to Bristow Helicopters Limited, an affiliate of the Bristow Group. The helicopters will be used for civilian search […]

WSJ: GE to Acquire Milestone Aviation for $1.78 Billion

By DOUG CAMERON, ROBERT WALL and  TESS STYNES Updated Oct. 13, 2014 2:30 p.m. ET General Electric Co. GE -1.32% on Monday agreed to pay $1.78 billion for the world’s largest helicopter leasing company, linking its interests in aviation and energy and highlighting a fast-growing specialty finance area that has attracted some of the largest names in private equity.The proposed acquisition […]

New York Times: G.E. Aircraft Unit Buys Helicopter Leasing Business

By DEALBOOK  OCTOBER 13, 2014 10:11 AM The aircraft leasing unit of General Electric announced on Monday that it would buy the Milestone Aviation Group, which leases helicopters, for $1.78 billion. “The addition of Milestone will deepen our domain expertise in aviation and oil and gas, two critical G.E. industries,” Keith S. Sherin, the chief executive […]

GE Capital Aviation Services to Acquire Milestone Aviation Group

GE Capital’s Aviation Financing Unit Expands Into Helicopter Leasing Industry-Leading Milestone Team, Led by Richard T. Santulli, Joins GE DUBLIN, Ireland – October 13, 2014 – GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, […]

The Milestone Aviation Group Limited Announces Confidential Submission of Draft Registration Statement

Dublin, Ireland, September 8, 2014 – The Milestone Aviation Group Limited (“Milestone”) today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of Milestone’s common shares. The number of common shares to be offered and […]