Press Release

Issued by Milestone Aviation Group.

September 28, 2015

Milestone Aviation Group, a GE Capital Aviation Services (GECAS) company headquartered in Dublin and the global leader in helicopter leasing, announced today that it has expanded its commercial team with eight newly hired executives and increased its international presence in Africa, Asia, Australia, Europe, the Middle East, and North and South America.

Milestone has enhanced its global rotary market presence by opening five new offices in Dallas, Dubai, Hong Kong, Sao Paulo and Singapore in addition to its long-standing office in Columbus and its headquarters in Dublin. The expansion aims to get Milestone closer to its customers to serve them better.

“We view this investment in our team and enhancement of our global reach as differentiating factors that enable us to serve customers better, seize even greater opportunities, and further diversify our business both geographically and vertically,” said Milestone president Daniel Rosenthal.

Milestone's global commercial organization is now structured into two regional components: Europe & the Americas; and Emerging Markets. Under the new organizational structure, Walter Horsting has assumed the role of senior vice president, commercial – Europe & Americas, and Jonty Nel, who joins Milestone from GECAS, assumes the role of senior vice president, commercial – Emerging Markets. Horsting and Nel report directly to executive vice president, commerciall, Robert Thor Dranitzke.

“Our expanded team will improve the customized service and financing solutions we offer to our customers,” said Dranitzke. “The addition of these eight senior aviation executives will further drive our marketing efforts by helping us get even closer to our customers to better understand their needs and build stronger relationships and partnerships.”

In addition to Mr. Nel, the new hires include a talented team of seven senior executives with extensive experience at helicopter manufacturers, helicopter operators, oil companies, and O&G consulting groups, as well as over 35 years combined experience in military aviation. These executives will report to Messrs. Horsting and Nel, and have responsibility for defined geographies within the two regions.

Europe and the Americas

• Vice president commercial, Continental Europe: Sebastien Moulin

• Vice president commercial, Northern Europe & Canada: John Parnell

• Vice president commercial, Latin America & Caribbean: Francois Arnaud

• Vice president commercial, United States: Scott Fitzgerald

Emerging Markets

• Vice president commercial, Northern Asia & Russia: Stephanie Tovoli

• Vice president commercial, Southern Asia Pacific & Central Asia Brett Rankin

• Vice president commercial, Turkey, India, Middle East, Africa: Michael York