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 price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.

This press release is being made pursuant to, and in accordance with, Rule 135 under the U.S. Securities Act of 1933, as amended.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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Contact:

Lauren Norelli

Vice President Strategy & Investor Relations

Milestone Aviation Group LLC

+1 614 233 2332

MEDIA CONTACTS FOR MILESTONE AVIATION GROUP:

Eric Berman / Nathan Riggs of Kekst and Company +1 212-521-4894 / +1 212-521-4804

eric-berman@kekst.com / nathan-riggs@kekst.com