Company aims to grow Australian business in near term
Dublin, Ireland - May 22, 2017 - Milestone Aviation Group (Milestone) and GE Capital Aviation Services (GECAS) have opened a new office in Sydney, Australia, effective May 1, 2017. With the opening of the new location, Milestone and GECAS are available locally to better support Australian customers with the company’s full suite of helicopter and commercial aircraft financing products.
Shannon, Ireland - May 18, 2017 - A leading provider of air cargo transportation, Kalitta Air took delivery of the first of two leased 747-400F factory freighters from GECAS today, marking a new milestone in the decade-long relationship of the two companies. While GECAS has previously provided debt financing to Kalitta on several 747-400’s (both factory and converted freighters), this delivery is the first aircraft on lease to Kalitta from GECAS, adding capacity to Kalitta Air’s existing fleet of more than 15 widebody freighters.
SHANNON, Ireland, May 4, 2017 - GE Capital Aviation Services (GECAS) recently delivered Star Air’s first factory-built Boeing 767-300ERF, powered by GE CF6 engines. A second similar aircraft is scheduled for delivery later this year. Both aircraft were previously operated by LATAM Airlines.
Star Air, a Danish cargo airline part of the A.P. Moller-Maersk Group, currently operates eleven 767-200Fs and one 767-300SF.
About GE Capital Aviation Services (GECAS)
Dallas, Texas, March 7, 2017 - Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, wrote $1 billion in leases and letters of intent in 2016, and the value of its helicopter fleet has now surpassed $4 billion.
business unit
Shannon Ireland, January 4, 2017 - Boeing (NYSE: BA) and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric (NYSE: GE), announced today an order for 75 737 MAX 8 aircraft. The order, booked in December, has an approximate value of $8.25 billion at list prices. The follow-on order increases the GECAS firm order book for the 737 MAX to 170 airplanes, the largest of any aircraft leasing company.
GECAS to lease 17 E170s to S7
Shannon Ireland, December 22nd, 2016 - Just weeks after receiving the Type Certificates from the Russian authorities for the E170 and E175 jets, S7 Airlines will be the first operator of the E170 in the country. The airline signed an agreement with GE Capital Aviation Services (GECAS) to lease 17 E170 pre-owned jets, therefore not impacting Embraer’s order backlog. The airline will start to receive the aircraft in the first quarter of 2017.
DUBLIN, Dec. 1, 2016 -- Milestone Aviation Group Limited ("Milestone"), a GE Capital Aviation Services company ("GECAS") and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue to serve Milestone in an advisory capacity.
BELL HELICOPTER AND MILESTONE AVIATION GROUP SUPPORT AIRLINK RELIEF EFFORTS IN HAITI FOLLOWING HURRICANE MATTHEW
Fort Worth, TX and Norwalk, CT November 3, 2016 - Helicopters are once again proving their worth in the wake of Hurricane Matthew, and three firms - Bell Helicopter, Airlink and GE - have combined efforts to match helicopter capability with the essential need to transport aid workers and supplies to regions in Haiti inaccessible by any other means.
