Milestone Aviation has signed a Purchase/Leaseback (PLB) arrangement for a AW169 helicopter with Belgian-based operator NHV Group. The AW169 helicopter delivered earlier this month will support missions in the UK for Italian oil and...
Milestone Aviation’s parent company, GE Capital Aviation Services (GECAS) will be acquired by Dublin-based lessor AerCap Holdings. It will acquire 100% of the General Electric (GE) leasing business, in a deal valued at $30bn....
Pat Sheedy is the new CEO of Milestone Aviation Group, the largest helicopter operator lessor. His appointment follows Greg Conlon’s promotion to CEO of GE Capital Aviation Services (GECAS), the helicopter lessor’s parent. Sheedy...
In an internal promotion, GECAS has appointed current Milestone Helicopter Leasing CEO Greg Conlon as its president and CEO. GECAS (GE Capital Aviation Services) is Milestone’s parent company. Previous president and CEO Alec Burger...
Bloomberg is reporting that GE shares fell 4% over concerns about Milestone Aviation, following Waypoint Leasing’s filing for Chapter 11. GE Capital Aviation Services acquired Milestone Aviation, the largest helicopter leasing company and Waypoint...
Milestone Aviation has signed a deal with Chinese EMS operator Kingwing. The lessor has leased eight AgustaWestland AW139 helicopters to Shanghai Kingwing Aviation. The AW139s will fly on emergency medical services (EMS) operations, joining...
Milestone reported a number of successes in 2016, including the value of its helicopter fleet surpassing $4 billion and writing $1 billion in leases and letters of intent. Its focus on diversification has lead...
Milestone Aviation Group has expanded its commercial team with eight new executives. With the new appointments the company is expanding its presence in Africa, Asia, Australia, Europe, the Middle East, and North and South...
GE Capital Aviation Services (GECAS) has completed and closed its acquisition of Milestone Aviation Group, a Dublin-based helicopter lessor, for $1.775 billion plus the assumption or payoff of Milestone’s existing debt. Norman Liu, president...
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...