Entries by kylehickman

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 […]

The Milestone Aviation Group Limited Announces Proposed Private Offering of $350 Million of Senior Unsecured Notes

Dublin, Ireland, July 30, 2014 – The Milestone Aviation Group Limited (“Milestone”) today announced that it intends to offer (the “Offering”) $350 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”). Milestone intends to use the net proceeds of the Offering to pay down a portion of its secured debt. The […]

Airbus Helicopters Delivers Three Workhorse EC2225s to Milestone Aviation Group for African Oil and Gas Operations by SonAir

June 5, 2014 Airbus Helicopters Press Release The worldwide fleet of EC225s that perform heli-lift duties for oil and gas operators has increased by three with Airbus Helicopters’ triple delivery of workhorse rotorcraft acquired by Milestone Aviation Group and leased to SonAir – an African operator – which will utilize them in Angola. The handover […]

Milestone Aviation Group Surpasses US $2.2 Billion in Helicopters

Industry Leader Also Has an Additional US$ 3.0 Billion in Forward Orders ANAHEIM, CA, USA, February 24, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, today provided an operating update to the market in advance of Helicopter Association International’s Heli-Expo which includes information as of December 31, 2013. Milestone’s fleet, which ranges from […]

Milestone Aviation Group and SonAir Initiate Long-Term Partnership with Three Airbus Helicopter EC225’s

New Helicopters from Record Order to Join SonAir Oil and Gas Fleet in Angola Anaheim, California, 26 February 2014 – Today at Airbus Helicopters’ stand at the Heli-Expo exhibition, Milestone Aviation Group, the global leader in helicopter leasing, and SonAir, the largest African helicopter operator and a subsidiary of the Angolan national oil company Sonangol, […]

Milestone Aviation Group Leases World’s First Operational Sikorsky S-76D Helicopter to Trinidad and Tobago’s National Helicopter Services Limited

ANAHEIM, CA, USA, February 25, 2014 – Milestone Aviation Group, the global leader in helicopter leasing, announced today at Helicopter Association International’s Heli-Expo that it has financed the delivery of a Sikorsky S-76D to Trinidad and Tobago’s National Helicopter Services Limited (NHSL). The NHSL, which is a joint venture between the Government of Trinidad and Tobago […]