industry aviation founder richard santulli william kelly daniel rosenthal matthew harris robert dranitzke john burns 1 2 number of locations columbus ohio colts neck new jersey united states products aircraft lease helicopter lease number of employees 19 website www.milestoneaviation.com milestone aviation group is the first global aircraft operating lease company focused exclusively on the helicopter market . milestone s global aircraft leasing platform addresses the liquidity needs of a transforming marketplace through 100 % operating lease financing . 3 headquartered in dublin ireland milestone has additional operations in colts neck new jersey and columbus ohio in the united states . 4 in june 2015 ge capital aviation services acquired milestone aviation group . all helicopters leased will be under the gecas name . contents 1 history 2 corporate affairs 3 financial 4 recent news 5 references 6 external links history edit milestone aviation group was founded in august 2010 by richard santulli . santulli has nearly 40 years of experience in helicopters private jets and finance industries . he is known for inventing the fractional jet ownership industry and growing netjets into a multinational corporation . 5 milestone is based in dublin ireland where the company can benefit from ireland s skill set and tax infrastructure . 6 after the late 2000s economic crisis that broke some of the world s biggest financial institutions helicopter operators lacked the access to capital needed to modernize and invest in new equipment demanded by clients . milestone aviation emerged in the helicopter industry as an alternative financing option to address this underserved market niche . 7 corporate affairs edit the company is run by a board of directors made up of a small number of shareholders and company members . richard santulli founder and former chair and ceo of netjets serves as chairman of milestone s board of directors . 8 brian humphries president and ceo of the european business aviation association also serves on milestone s advisory board . 9 santulli brought members of the netjets management team with him to head milestone . 4 financial edit milestone aviation group secured 500 million of equity capital commitments to launch its business . u.s. middle market private equity firm the jordan company led the investor team in partnership with nautic partners . since launching in august 2010 milestone aviation has leased more than 40 aircraft . some of milestone s most notable deals include an order for sixteen 16 ec 225 s valued at 480 million 10 and three 3 sikorsky s 92s which join a fleet of seven 7 s 76c and four additional s 92s . 11 in 2012 milestone agreed with bristow group inc. brs to lease five helicopters including two ec 225s and three s 92s estimated value is 139 million . 12 in its first year of operation milestone closed deals with aeroservicios especializados s.a. de c.v. asesa careflite global vectra helicorp helijet international inc. omni taxi aereo and inaer . 13 the company currently has an asset portfolio representing more than 500 million in financing commitments and holds leases with three of the four largest global helicopter operators including bristow chc and inaer . 14 recent news edit in october 2014 it was announced that general electric s financial division was in talks to acquire milestone . 15 references edit matt burns august 4 2010 . ex netjets boss launches aircraft leasing firm . columbus business first . the milestone aviation team . corporate jet investor . october 4 2010 . milestone aviation group and chc helicopter agree to 80 million financing . aol . september 29 2011 . a b elan head september 13 2011 . milestone creates ripples . verticalmag.com . milestone aviation group launches unique helicopter and private jet leasing firm . zawya.com . august 4 2010 . paul walsh august 9 2010 . a milestone for the aviation industry as helicopter and private jet lessor sets up in dublin . assetfinancialinternational.com . milestone aviation group closes inaugural helicopter lease . shephardmedia.com . october 7 2010 . milestone history . milestoneaviation.com . retrieved april 2 2012 . charles alcock july 14 2011 . ebaa chief joins advisory board at milestone aviation . ain online . milestone aviation group signs for 16 eurocopter ec225 . eads . 12 february 2012 . milestone aviation group signs contract for three s 92 helicopters press release . sikorsky . february 12 2012 . milestone aviation bristow group ink helicopter leasing pact quick facts . nasdaq . retrieved april 19 2012 . andrea rothman march 7 2011 . santulli s milestone may raise debt to build helicopter lessor . bloomberg . milestone orders 16 helicopters from eurocopter and leases 5 helicopters to bristow group . aviationfinance.com . february 13 2012 . ge unit in talks to buy milestone aviation press release . reuters . 10 october 2014 . external links edit official website v t e general electric subsidiaries and divisions current ge capital ge capital aviation services ge commercial finance ge energy financial services ge capital rail services europe ge technology infrastructure ge aviation ge aviation systems ge healthcare ge transportation ge energy ge digital energy ge jenbacher ge measurement & control solutions ge oil & gas ge power ge wind energy ge wind offshore ge home & business solutions ge intelligent platforms ge global research ge ventures former and defunct australian guarantee corporation1 canadian general electric1 compagnia generale di elettricit 2 electric bond and share company2 ge americom2 ge aerospace2 ge betz1 ge capital it solutions2 ge consumer & industrial gecis2 ge capital rail services2 ge equipment services1 ge industrial1 ge infrastructure1 geis2 genesis lease2 ge security2 genworth financial2 montgomery ward2 synchrony financial2 tungsram1 whatman1 joint ventures and shareholdings current cfm international 50 % engine alliance 50 % ge hitachi nuclear energy 60 % ge honda aero engines 50 % penske truck leasing prolec ge 49.99 % tbs gb former alco ge 1940 53 nbc 1926 30 1986 2004 nbcuniversal llc 2004 13 products and brands aircraft engines general comprehensive operating system genie locomotives mazda reciprocating engines trivection oven tungsram people founders charles a. coffin thomas edison edwin j. houston elihu thomson other james cash jr. ann fudge susan hockfield jeffrey r. immelt andrea jung rochelle lazarus sam nunn roger penske douglas a. warner iii jack welch bob wright places and facilities ge building general electric building nela park realty plot research laboratory river works specialty control plant switchgear plant welch technology centre other edison engineering development program ge true the general electric concert general electric edgelab general electric theater general imaging thomson houston electric company timeline united states v. general electric co. 1now integrated into other ge divisions or business groupings 2sold or spun off category commons retrieved from https en.wikipedia.org w index.php title milestone aviation group & oldid 728087177 categories companies based in dublin city companies established in 2010economy of columbus ohiocolts neck township new jerseyaircraft leasing companieshidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 3 july 2016 at 02 41 . text is available 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