Milestone announces Purchase Leaseback with NHV for a AW169 helicopternews Alasdair Whyte 16 Jul 21 0Milestone 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… Read more
Milestone Aviation parent company GECAS acquired by AerCapnews Alasdair Whyte 11 Mar 21 0Milestone 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… Read more
New Milestone CEO: ‘the worst of the supply overhang is behind us’news Alasdair Whyte 9 Jan 20 0Pat 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… Read more
GECAS promotes Greg Conlon to president & CEOnews Alasdair Whyte 7 Nov 19 0In an internal promotion, GECAS has appointed current Milestone Helicopter Leasing CEO Greg Conlon as its president and CEO. GECAS (GE Capital Aviation Services) is… Read more
Bloomberg says GE shares fell because of analyst concerns about helicopter leasingnews Alasdair Whyte 27 Nov 18 0Bloomberg 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… Read more
Milestone leases eight AW139s to China EMS operatornews Alasdair Whyte 22 Jan 18 0Milestone Aviation has signed a deal with Chinese EMS operator Kingwing. The lessor has leased eight AgustaWestland AW139 helicopters to Shanghai Kingwing Aviation. The AW139s… Read more
Milestone helicopter fleet surpasses $4 billionnews Alasdair Whyte 7 Mar 17 0Milestone reported a number of successes in 2016, including the value of its helicopter fleet surpassing $4 billion and writing $1 billion in leases and… Read more
Milestone expands global managementnews Terry Spruce 30 Sep 15 0Milestone Aviation Group has expanded its commercial team with eight new executives. With the new appointments the company is expanding its presence in Africa, Asia,… Read more
GECAS closes deal on Milestone Aviation Groupnews Terry Spruce 2 Feb 15 0GE 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… Read more
GECAS to acquire Milestone Aviation Groupnews Terry Spruce 14 Oct 14 0GE 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… Read more
