Milestone Aviation launches helicopter and jet leasing firm

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10 August 2010

Start-up company Milestone Aviation secures finance for unique leasing business.

Milestone Aviation Group (Milestone), a specialty finance company focused exclusively on the helicopter and private jet markets, has secured $500 million of equity capital commitments to launch its business. The US middle-market private equity firm The Jordan Company led the investor team, in partnership with Nautic Partners.

Chairman of the board at Milestone will be Richard Santulli, who is best known for inventing the fractional jet ownership industry and growing NetJets into a successful multinational corporation and one of the world's premier...

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