GE aircraft unit to buy helicopter lessor Milestone for $1.78 billion


image(Reuters) - General Electric Co’s aircraft leasing unit said it would buy Dublin-based helicopter leasing company Milestone Aviation Group for $1.78 billion. Milestone, co-founded by NetJets Inc founder Richard Santulli in 2010, owns a fleet of helicopters worth $2.8 billion and has placed orders worth $3 billion. The company’s helicopters are primarily used in offshore oil and gas industries and for search, rescue and emergency medical services. …