Helicopter Leasing company Milestone Aviation Group, a GE Capital Aviation Services company, made new appointments to its executive team. Jeremy Akel, formerly senior vice president and chief operations officer for Bristow Group, was named executive vice president, Commercial effective July 2, 2018. Akel will relocate to Dublin in the fall of 2018.
In addition, Lauren Norelli, formerly senior vice president Strategy and Corporate Development, was promoted to chief operating officer. In her new role, Norelli will be responsible for leading the company’s finance, leasing operations, technical operations and fleet management functions. Norelli has been with Milestone for more than five years and will continue to be based in the U.S.
“We are excited to recruit Jeremy to lead Milestone’s industry-leading commercial team,” said Daniel Rosenthal, Milestone president and CEO. “He brings extensive helicopter industry knowledge as well as the unique perspective of our customers. As a former operator who has worked in every corner of the world, he knows firsthand what operators need from a leasing partner, and his leadership will be instrumental to guiding our global customer relationships.”
Rosenthal continued, “Likewise, we are thrilled to announce Lauren’s promotion to this operations leadership role. She brings vast expertise and a broad perspective into our operations functions, paving the way for our continued success as we manage and grow our helicopter fleet that now exceeds $5.0 billion. Lauren’s collaborative and strategic leadership style will help Milestone continue to drive industry change and greater efficiency.”
Akel said, “Milestone has played an outsized role in shaping the helicopter industry since it introduced global operating leasing to the rotary asset class in 2010. I am looking forward to contributing to this world-class team and supporting our company’s leadership and success as we enter the industry’s next chapter.”
What are the things you find most useful when working with funding sources? What do you find least useful? Paul Burnham: Funders, please let the TPO [third party originator] know how important they are to the organization. Answer the phone... read more
For the last half century, the equipment finance industry has continued to grow year over year. Starting at $29 billion in 1960, the industry has grown to over a trillion dollars in 2018. Industry veterans still remember a time when... read more