GE Capital Completes Purchase Of Milestone Aviation

GE Capital Aviation Services, or GECAS, has completed a deal to acquire Milestone Aviation for $1.775 billion plus the assumption or payoff of Milestone’s debt. The acquisition is part of GE’s strategy to grow in core areas, the company said. Milestone, a helicopter leasing company, was founded in...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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