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Tag "GE Capital Aviation Services"

What went wrong at Waypoint Leasing?

What went wrong at Waypoint Leasing?

When Waypoint Leasing launched in 2014 it appeared to have all the ingredients that a business needs to succeed. There was an experienced management team combining operators, brokers and experienced commercial aircraft lessors – people who understood the assets, had

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Bell and Milestone signs LOI for 525 Relentless

Bell and Milestone signs LOI for 525 Relentless

Milestone Aviation Group has signed an LoI with Bell for 20 Bell 525 Relentless helicopters on first day of the Paris Air Show. The aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and

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Milestone orders another three AW139s

Milestone orders another three AW139s

Milestone Aviation Group has signed a firm order for three additional AW139s that will be made available for lease to Milestone’s customers and operators globally. This contract is part of a multi-year commitment signed in September 2013 by Milestone Aviation

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Milestone Aviation Group expands global operations

Milestone Aviation Group expands global operations

Milestone Aviation Group is expanding its international presence into three new regions – Asia, South America and the Middle East/Africa – while also growing its European staff. Milestone will open offices this year in Singapore, Sao Paulo (Brazil) and the

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Helitech 2014: Gecas buys Milestone Aviation

Helitech 2014: Gecas buys Milestone Aviation

The big story at Helitech, this year taking place in a damp Amsterdam, is GE Capital Aviation Services (Gecas) buying Milestone Aviation Group for $1.775 billion. When Gecas said that it was looking at entering the helicopter leasing market earlier

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GECAS to acquire Milestone Aviation Group

GECAS to acquire Milestone Aviation Group

GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, has signed an agreement to acquire Milestone Aviation Group, a Dublin-based helicopter lessor, for $1.775 billion. Keith Sherin, chairman & CEO of GE Capital, says: “The Milestone acquisition is

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