Milestone Aviation Group was founded in August 2010 by
Richard Santulli, who was responsible for the growth of
NetJets into a multinational corporation, with a $500 million investment from two private equity companies: Jordan Co. and Nautic Partners LLC. In August 2012, the company placed one of the largest-ever helicopter orders: 22 aircraft for $682 million, primarily to serve the
petroleum industry. In June 2015, the company was acquired by
GE Capital Aviation Services for $1.775 billion plus the assumption or payoff of Milestone’s existing debt. In November 2021, GE Capital Aviation Services was acquired by
AerCap. ==References==