Dublin, Ireland, October 15, 2018 – Milestone Aviation Group Limited (“Milestone”), a GECAS company and the global leader in helicopter leasing, today announced the appointment of Greg Conlon as President and CEO effective Nov 1, 2018. He succeeds Daniel Rosenthal, Co-founder, President and CEO Milestone Aviation and GECAS Executive Vice President of Financing and Products, who has decided to pursue external opportunities. Greg will continue to be responsible for GECAS’ Aircraft Trading function and will relocate to Dublin to lead Milestone.
Greg joined GECAS in 1999 when the company acquired PK AirFinance. In 2005 he transitioned to the GECAS commercial aircraft leasing business with responsibility for customer relationships in Canada, the Caribbean, Iceland, and Greenland. In 2011, he was promoted to SVP Sales & Marketing for the US Region and in 2016 he became Executive Vice President Aircraft Trading for all of GECAS. Prior to GECAS, Greg gained invaluable experience from Boeing Capital Corporation and McDonnell Douglas Finance. He earned his bachelor’s degree in finance and accounting from Ohio State University.
“I want to thank Dan for his leadership and commitment. He and his team have been doing an admirable job of managing the Milestone business through a significant downturn in the industry,” said Alec Burger, President and CEO GECAS. “I will personally miss his positive attitude and relentless energy.
“Greg is well positioned to take on this expanded role and look forward to seeing Milestone Aviation continue to innovate in the sector of helicopter finance under his leadership.”
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Milestone Aviation Group, a GE Capital Aviation Services company, is the world’s leading helicopter leasing and financing company. Milestone has a fleet of helicopters worth over US $4.7 billion plus a loan portfolio and debt commitments of approximately $400 million. The company has a forward order book of firm and option aircraft with an estimated aggregate purchase price in excess of US $3 billion. Milestone partners with helicopter operators worldwide, providing a wide array of financial and productivity solutions, including operating leases, purchase/leasebacks, secured debt financing, engine leasing and fleet advisory. The company supports over 37 customers in more than 30 countries serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. www.milestoneaviation.com
GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing. With 50 years of aviation finance experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, and airframe parts management. GECAS owns or services a fleet of more than 1,900 aircraft (1,552 fixed wing/ 350 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~320 aircraft. GECAS serves ~250 customers in over 75 countries from a network of 25 offices. www.gecas.com
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