· Agreement signed on the sidelines of the MISK Global Forum in Riyadh
· GE and NDU will collaborate to accelerate digital transformation across critical industries, including healthcare, water, and mining
· MOU will also target workshops focused on digital skills to supporting Saudi youth to drive the digital transformation of the Kingdom in line with the goals of Saudi Vision 2030
Dubai, UAE Nov 12, 2017 - Milestone Aviation Group (“Milestone”), a GE Capital Aviation Services company and the global leader in helicopter leasing, and Leonardo announced today that Falcon Aviation of Abu Dhabi (United Arab Emirates) will expand its AgustaWestland AW169 helicopter fleet with the addition of a further three aircraft.
October 26, 2017, Shannon, Ireland
GECAS is taking delivery of MSN 7803 from Tianjin, China on 25th of October 2017. Leased to AirAsia, this aircraft is the first A320neo from the Tianjin Airbus factory for both AirAsia and GECAS. AirAsia currently has a fleet of 184 delivered aircraft from Airbus, and seven on lease from GECAS.
The Airbus Final Assembly Line (FAL) in Tianjin is the first to operate outside of Europe and is designed based on the state-of-the-art A320 Family FAL in Hamburg, Germany.
Silver Spring, Maryland - [ October 24, 2017 ] - Today, Competitive Power Ventures (CPV), GE and Osaka Gas held the CPV Fairview Energy Center's groundbreaking ceremony onsite in Johnstown, Pennsylvania with local leaders, industry professionals, union representatives, and neighbors. Located 60 miles east of Pittsburgh, the facility is a $700 million, 1,050-megawatt (MW) natural gas and ethane-fueled combined-cycle electric generating station expected to begin commercial operations in early 2020.
Shannon, Ireland, Oct 12, 2017 - GECAS has acquired a 747-8 freighter (MSN 63378) from Boeing Capital Corporation and will continue the existing aircraft lease with AirBridgeCargo. This transaction expands GECAS’ decade-long relationship with the airline, who operate an all-747 fleet including two 747-400ERFs from GECAS.
Dublin, Ireland, Oct 3, 2017 - Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has entered an agreement to lease two AW169 helicopters to Alidaunia S.R.L. of Italy, to support their emergency medical services (“HEMS”) in Italy. Alidaunia has provided HEMS services in Italy for more than 20 years and Milestone is proud to bring latest technology aircraft to this service.
Dublin, Ireland, Oct 2, 2017 - Milestone Aviation Group (“Milestone”), announced today that it has entered into an agreement to lease two B412SP helicopters to FAASA Aviacion S.A. of Spain to support their expanded firefighting services. The two helicopters owned by Milestone, the global leader in helicopter leasing, were previously on lease to a Brazilian operator and utilized in oil and gas support missions. The helicopters are currently in Spain, where FAASA is carrying out reconfiguration work to facilitate the new firefighting mission.
Dublin, Ireland, September 28, 2017 - Milestone Aviation Group Limited (Milestone) and Babcock Mission Critical Services Ltd. announce the sixth anniversary of their lease partnership. Milestone, the global leader in helicopter leasing, has served Babcock (and its predecessor companies) since 2011, first providing for the purchase/lease-back of three light-twin emergency medical service helicopters operated in Spain and Portugal.
September 12, 2017, Shannon Ireland
September 2017 marks the 50th anniversary of the first aviation finance transaction ever entered into by GE, with the signing of a lease agreement for three DC 9-30s to Allegheny Airlines in 1967. GECAS is proud to have become the premier aviation financier with the largest aircraft fleet of any lessor, the largest and most global team in the industry, serving the largest range of customers in aviation.
