– 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 […]
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Entries by kylehickman
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 […]
– 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 […]
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 […]
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’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, […]
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 […]
Dublin, Ireland, July 30, 2014 – The Milestone Aviation Group Limited (“Milestone”) today announced that it intends to offer (the “Offering”) $350 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”). Milestone intends to use the net proceeds of the Offering to pay down a portion of its secured debt. The […]
June 5, 2014 Airbus Helicopters Press Release The worldwide fleet of EC225s that perform heli-lift duties for oil and gas operators has increased by three with Airbus Helicopters’ triple delivery of workhorse rotorcraft acquired by Milestone Aviation Group and leased to SonAir – an African operator – which will utilize them in Angola. The handover […]
Industry Leader Also Has an Additional US$ 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 […]
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