Milestone Aviation Names Daniel Rosenthal President and CEO

Milestone Aviation (“Milestone”), a GE Capital Aviation Services company (“GECAS”) and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue to serve Milestone in an advisory capacity. Rosenthal, 41, has spent … Read more

World’s First CS300 Arrives in Riga

Today, on November 30, 2016, the Latvian airline airBaltic welcomed the world’s first Bombardier CS300 aircraft in Riga. Martin Gauss, Chief Executive Officer of airBaltic: “We are proud to welcome our very first CS300 aircraft and to be the first airline in the world to take delivery and launch commercial operations of the CS300 – … Read more

Wizz Air finalizes financing deals for 10 aircraft

Wizz Air announced today that it had concluded a sale and lease back deal with Bank of Communications and Financial Leasing Co., Ltd (‘BoComm’) as well as have finalizing an earlier announced operating lease deal with BOC Aviation Limited (‘BOC Aviation’) for the financing of a total of ten new aircraft. The airplanes are planned … Read more

EU Renewable Energy Directive Must Prioritize Sustainable Aviation Fuels

The International Air Transport Association (IATA) welcomed the European Commission’s revision of the Renewable Energy Directive (RED) to incentivize sustainable fuels, and urged policy-makers to go even further in prioritizing their use for air transport. The largest user of renewable fuels, the road transport sector, has increasing options to move towards electrification; however, aviation has … Read more