Helicopter Lessor Milestone Aviation ‘Takes Off’
Published October 12, 2012
Categories: Business Aviation
The Columbus Dispatch reported that Milestone Aviation, a helicopter-leasing company created by the founder of NetJets, is climbing higher after only two years.
The report noted that Milestone founder Richard Santulli came up with the idea of fractional-jet ownership and turned Columbus-based NetJets into an industry leader. He sold the company to Warren Buffett’s Berkshire Hathaway for $725 million in 1998, then left NetJets in August 2009.
Soon after, Santulli formed Milestone Aviation in August 2010 with several former NetJets executives, the Dispatch said.
The article added that the company’s fleet already includes more than 60 helicopters worth about $750 million.
To read the full Columbus Dispatch report click here.