Milestone signs three-helicopter deal with PHInews Mike Stones 25 Oct 22 0Milestone Aviation has signed three helicopter lease agreements with PHI Aviation. The deals include the placement and extension of two Sikorsky S92 helicopters and one Leonardo… Read more
First five-bladed H145 arrives in the Middle Eastnews Alasdair Whyte 27 Oct 21 0Airbus Helicopters has delivered the first five-bladed H145 to Milestone Aviation and Al-Sharqiya Aviation, which will operate the helicopter in the Sultanate of Oman for… 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
Public large helicopter financial transactions from 2012-2019news Alasdair Whyte 2 Dec 19 0The reality of 2019 thus far is that not many people are buying helicopters, and not many helicopter companies are raising money to grow in… 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
Helitech 2018: A new Milestoneinsight Alasdair Whyte 25 Oct 18 0It was an honour to be at the final Helitech International last week. Next year, Europe’s largest helicopter expo which has been running since 2009,… Read more
Milestone leases five H145s to Aramconews Alasdair Whyte 10 Sep 18 0GECAS’s leasing company Milestone Aviation and Airbus helicopters have signed a contract to provide five H145 helicopters to Saudi offshore oil company Aramco Overseas Company.… Read more
Aramco to lease up to 21 AW139s from Milestonenews Alasdair Whyte 17 Jul 18 0Saudi Arabian energy firm Aramco has signed a renewal contract with helicopter lessor Milestone Aviation and Leonardo Helicopters for up to 21 AW139s. The GECAS-owned… Read more
Jeremy Akel joins Milestonenews Alasdair Whyte 13 Jun 18 0Jeremy Akel has been appointed as the executive vice president of commercial aviation at Milestone after leaving Bristow in 2016. Mr Akel will take up… Read more
Milestone leases four H135s to ADAC, secures army ordernews Alasdair Whyte 15 Mar 18 0Milestone Aviation is to lease four H135s to German MRO firm ADAC. The helicopters will be operated by the German military for pilot-training operations. The… 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 places €200 million order with Airbus Helicoptersnews Alasdair Whyte 8 Mar 17 0Milestone has placed a €200 million firm order with Airbus Helicopters for H145, H135 and H175’s. The aircraft will be deployed into EMS and other… Read more
CHC gets $450 million to exit C11 from Bain and Milestonenews Alasdair Whyte 11 Oct 16 0Bain Capital, Milestone Aviation Group and other bondholders have agreed a combined $450 million plan support agreement to help CHC leave Chapter 11. Existing creditors… Read more