Milestone Aviation Group Closes Inaugural Helicopter Lease

Omni Taxi Aereo to add 2 new Sikorsky 76C++ to their fleet -

DUBLIN and COLUMBUS, Ohio, October 7, 2010 -

    Summary
    - Milestone has partnered with Omni Taxi Aereo of Brazil to
      provide 100% lease financing for the addition of 2 new Sikorsky 76C++
      (US$23,000,000 at retail prices)
    - Omni Taxi Aereo, Brazil's second largest helicopter operator by
      fleet size, is growing rapidly to meet the needs of Petrobras and the
      Brazilian oil and gas industry

Milestone Aviation Group, the first global specialty finance company
focused exclusively on the helicopter and private jet markets, today
announced that it has closed its first transaction with Omni Taxi Aereo of
Brazil.

Milestone is providing 100% lease financing to Omni to allow the
Brazilian operator to add two new Sikorsky 76C++ to their growing fleet. The
deal closed in early September. The aircraft are currently undergoing
offshore configuration completion at Sikorsky's Coatesville, Pennsylvania
completion centre and are scheduled to be delivered within the next 30 days.
The aircraft will be used to service a Petrobras contract ferrying workers to
offshore oil platforms.

Richard Santulli, Milestone Chairman said, "We are proud to partner with
Omni to help them grow and meet the needs of the Brazilian market. Omni is a
great operator and we look forward to supporting them for years to come."

"It is important for us to have a financial partner that understands our
business," said Rui Almeida, President of Omni Taxi Aereo. "Milestone is made
up of former operators who can relate to our circumstances and who understand
our needs. They have proven quick and decisive in providing 100% financing to
support our growth plans allowing us to meet the needs of our customers."

The deal is the first for Milestone. The company which secured US$500
million of equity this August to provide lease financing to the helicopter
and private jet markets is currently in various stages of discussions with
helicopter operators and private jet owners in 18 countries on 6 continents.
The company plans to announce its next transaction shortly.

Omni Taxi Aereo is Brazil's second largest oil and gas helicopter
operator by fleet size with 33 aircraft today and plans to add 7 machines in
the next 15 months. The company operates a diverse fleet of AgustaWestland,
Bell, Eurocopter and Sikorsky products performing a wide array of services
focusing on offshore oil and gas work.

About Milestone Aviation Group

Milestone Aviation Group is the first global aircraft leasing company
exclusively focused on helicopters and private jets. Headquartered in Dublin,
Ireland, and with operations in Colts Neck, New Jersey and Columbus, Ohio,
Milestone's global aircraft leasing platform addresses the needs of a
transforming marketplace. Further information is available at
www.milestoneaviation.com.

About Omni Taxi Aereo

Omni Taxi Aereo is part of the Portuguese Omni Aviation Group. The
Brazilian Company was founded in 2000 and started operations one year later
with a Bell 212 helicopter. Over the past 10 years the company has grown
rapidly and diversified its fleet with several different helicopter models
dedicated to the oil & gas industry. Omni is fully certified in Quality,
Health, Environment and Social Responsibility to international norms and has
maintained a perfect safety record since incorporation. Further information
is available at www.omnibrasil.com.br.

    Media Contacts:
    For Milestone:
    Grainne Daly: (+353)-1-4773123 or Lisa Johnson: (+1)-614-233-2302

For Milestone: Grainne Daly: (+353) 1-4773123 or Lisa Johnson: +1-614-233-2302