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General Electric expands its business to helicopter leasing

Dublin, Ireland - The American corporation announces the purchase of Milestone, leading company in the sector

Milestone Aviation Group is a Dublin-based company who buys and leases helicopters to commercial operators all around the world. Its fleet, made by 168 rotorcraft, is valued at 2.8 billion dollars (2.2 billion Euros). It has orders to buy 131 additional aircraft for 3 billion dollars (2.4 billion Euros). The firm leases its helicopters to customers involved in off-shore oil and gas exploration for...

AVIONEWS - World Aeronautical Press Agency - 1163252

AVIONEWS - World Aeronautical Press Agency
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