Milestone Aviation Provides Alidaunia two AW169 helicopters for emergency medical services operations

Dublin, Ireland, Oct 3, 2017 – Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has entered an agreement to lease two AW169 helicopters to Alidaunia S.R.L. of Italy, to support their emergency medical services (“HEMS”) in Italy. Alidaunia has provided HEMS services in Italy for more than 20 years and Milestone is proud to bring latest technology aircraft to this service. One of the helicopters provided by Milestone is an extension of a current operating lease, and the second AW169 will be delivered from Milestone’s order book with Leonardo Helicopters in 2018.

“Milestone is very proud to continue our strong partnership with Alidaunia, a long established and respected helicopter operator and service provider, and the launch customer for our AW169 order book,” said Milestone Commercial Vice President for Europe, Sebastien Moulin. “We are very pleased to bring new technology aircraft to Alidaunia’s longstanding EMS contract in Italy. We look forward to continuing to work with Alidaunia as they serve this essential function for the Italian people for years to come.”

“Alidaunia has built a strong track record in serving several Italian regions and their EMS needs. Our lease partnership with Milestone continues to be a pillar for our company and our mission,” said Robert Pucillo, CEO of Alidaunia S.R.L.. “Milestone understands our business as an operator and service provider. Their flexible financial solution and considerable expertise in delivering new aircraft allowed us to pursue the introduction of a new type into our fleet while minimizing our financial and operational risk.”

Notes to Editors:

About Milestone Aviation Group
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 $4.0 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 35 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.

About GE Capital Aviation Services (GECAS)
GECAS is a world leader in aviation leasing and financing with 50 years of experience. The GECAS portfolio comprises a wide range of aircraft types including narrowbodies, widebodies, regional jets, turboprops, freighters and helicopters. GECAS offers multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting.  GECAS owns or services a fleet of over 1,950 aircraft (~1,700 fixed wing/ ~250 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves ~ 270 customers in over 75 countries from a network of 25 offices.

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

About Alidaunia S.R.L.
Alidaunia, founded in Foggia on the 1st March 1976, started its activity as fixed wing operator of aerial work.
In 1984 the Company introduced the first helicopter in the fleet and was granted with the License for Passengers Public Transport (TPP) by the Italian Ministry of the Transportation. Since 1985, authorized by Ministry of Transportation and with the sponsorship of Puglia regional government, Alidaunia guarantees the daily connection between Foggia and the Tremiti Islands, a service of remarkable social utility. Since 1986 is the only Italian company operating line scheduled flights with helicopters; such line service to the Tremiti Islands is integrated by Helicopter Emergency Medical Service (HEMS), available 24/7, in favor of the population of the Islands. Since 1995 Alidaunia has provided to different public contractors HEMS services. Nowadays, such services are going to be all operated with AW169. Today, Alidaunia operates in many different areas within the framework of helicopter business. Specifically, public transportation and aerial work (EASA IT.AOC.063), Continuing Airworthiness Management Organization (EASA IT.MG.0063), MRO (EASA IT.145.0101), Design Organization Approval (EASA DOA AP.018), airport and heliport handling, security and management, fire-fighting, fuel bunkering.

Media Contact for Milestone:
James Luton
Global Communications Leader