Dublin, Ireland, June 12, 2018 – Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, today announced new appointments to its executive team. Jeremy Akel, formerly Senior Vice President and Chief Operations Officer for Bristow Group, has been named Executive Vice President, Commercial effective July 2, 2018. Jeremy will relocate to Dublin, Ireland in the fall of 2018.
Milestone also announced that Lauren Norelli, formerly Senior Vice President Strategy and Corporate Development, has been promoted to Chief Operating Officer. In her new role, Lauren will be responsible for leading the company’s finance, leasing operations, technical operations and fleet management functions. Lauren has been with Milestone for more than five years and will continue to be based in the United States.
“We are excited to recruit Jeremy to lead Milestone’s industry-leading commercial team,” said Daniel Rosenthal, Milestone President and CEO. “He brings extensive helicopter industry knowledge as well as the unique perspective of our customers. As a former operator who has worked in every corner of the world, he knows firsthand what operators need from a leasing partner, and his leadership will be instrumental to guiding our global customer relationships.”
Rosenthal continued, “Likewise, we are thrilled to announce Lauren’s promotion to this operations leadership role. She brings vast expertise and a broad perspective into our operations functions, paving the way for our continued success as we manage and grow our helicopter fleet that now exceeds $5.0 billion. Lauren’s collaborative and strategic leadership style will help Milestone continue to drive industry change and greater efficiency.”
Akel said, “Milestone has played an outsized role in shaping the helicopter industry since it introduced global operating leasing to the rotary asset class in 2010. I am looking forward to contributing to this world-class team and supporting our company’s leadership and success as we enter the industry’s next chapter.”
Akel’s and Norelli’s complete biographies can be found on Milestone’s website here.
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