Milestone Aviation Group to Support Enhanced Emergency Medical Service Operations in Australia with Lease of Leonardo AW139 to

DUBLIN, Ireland and BRISBANE, Australia, Oct. 24, 2016 /PRNewswire/ -- Milestone Aviation Group Limited ("Milestone"), a GE Capital Aviation Services company and the global leader in helicopter leasing, announced today that it has recently leased a new, EMS equipped Leonardo AW139 helicopter to LifeFlight (formerly known as CareFlight) to support emergency medical services (EMS) and search and rescue (SAR) missions in Queensland, Australia.

"We are delighted to add to our global EMS fleet through this new partnership with LifeFlight," said Milestone President Daniel Rosenthal. "LifeFlight is a skilled operator who has been providing lifesaving services to the people of Australia for 35 years and is trusted as the major provider of helicopter-based EMS and SAR services to the Queensland Health department. Milestone is proud to lease the largest fleet of life-saving helicopters in the industry, and this partnership is reflective of our commitment to provide unparalleled support to EMS and SAR operators around the world. We are honored to aid LifeFlight in their critical mission to save lives in Queensland."

"The introduction of the third state-of-the-art AW139 into our fleet marks an important milestone in our ongoing modernization efforts, helping us to deliver our expanded services faster and more efficiently than ever before," said Ashley van de Velde, Director and CEO of LifeFlight. "Milestone was creative and flexible in structuring a lease solution that ideally suited our needs, allowing us to introduce new technology to our RACQ LifeFlight Rescue fleet. We look forward to greatly enhancing the services we provide to the people of Queensland as we work to save lives – anyone, anywhere, anytime."

Notes to Editors:

About Milestone Aviation Group

Milestone Aviation Group, a GE Capital Aviation Services company, is the world's leading helicopter leasing company. Milestone has a fleet of over 215 helicopters worth US $3.7 billion and supports 32 operators in 26 countries on six continents. The company has a forward order book of firm and option aircraft with an estimated aggregate purchase price of US $3.2 billion. These near-term delivery positions of in-demand helicopters are made available for lease globally. Milestone partners with helicopter operators worldwide and supports them through lease and debt financing. The company provides financing for helicopters serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. www.milestoneaviation.com

About GE Capital Aviation Services (GECAS)

GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing. With over 45 years of experience, GECAS offers a wide range of aircraft types including narrowbodies, widebodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting. GECAS owns or services a fleet of over 1,950 aircraft (~1,700 fixed wing/ ~250 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves ~270 customers in over 75 countries from a network of 26 offices. www.gecas.com

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About LifeFlight

LifeFlight is one of Australia's largest aeromedical charities providing rapid response medical care to thousands of people each year. It integrates its own staff of critical care doctors, paramedics and nurses with helicopters and Air Ambulance jets to provide the finest care to seriously sick and injured patients across Australia and around the globe. www.lifeflight.org.au

Media Contact for Milestone:

Nathan Riggs
Kekst and Company
+1-212-521-4804
nathan-riggs@kekst.com

Media Contact for LifeFlight:

Ian Eckersley
Communications and Public Relations Manager
+61-7-3037-2223
Ian.eckersley@lifeflight.org.au

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SOURCE Milestone Aviation Group Limited