Reginal Thomas
All posts from Reginal Thomas
Reginal Thomas in reginal thomas,

General Electric's Aircraft Unit Looking To Acquire Milestone Aviation Group

General Electric Co.'s leasing unit announced it is acquiring Milestone Aviation Group for $1.78 billion. Milestone has a fleet of helicopters worth $2.8 billion and has placed orders worth $3 billion. Richard Santulli founder of NetJets Inc. is one of the co-founders of Milestone. GE Capital Cheif Executive Keith Sherin said, "The addition of Milestone will deepen our domain expertise in aviation and oil and gas, two critical GE industries." .