AerCap Holdings N.V. announced it has completed its acquisition of the GE Capital Aviation Services business (GECAS) from General Electric.The acquisition positions AerCap as the worldwide industry leader across all areas of aviation leasing:...
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November 01, 2021, 07:21 AM
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AerCap Holdings N.V. announced its shareholders have approved the previously announced acquisition of GE Capital Aviation Services (GECAS), a General Electric business, at its Annual General Meeting of Shareholders.The transaction remains subject to...
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May 12, 2021, 07:17 AM
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PIMCO, a fixed income investment manager, and GE Capital Aviation Services (GECAS), a lessor and business unit of GE, announced they have reached a preliminary agreement to develop an aviation leasing platform to support up to $3 billion in aircraft...
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October 20, 2020, 07:25 AM
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Greg Conlon has been promoted to President and CEO of GE Capital Aviation Services (GECAS). Alec Burger will continue as President & CEO of GE Capital and will also serve as the Chairman of GECAS.
Prior to his appointment to lead GECAS, Conlon...
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November 07, 2019, 07:30 AM
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Amazon, at the International Paris Air Show, announced a partnership with GE Capital Aviation Services (GECAS) to lease an additional 15 Boeing 737-800 cargo aircraft. These aircraft will be in addition to the five Boeing 737-800’s already leased...
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June 19, 2019, 07:25 AM
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Amazon expanded its Amazon Air fleet by partnering with GE Capital Aviation Services to lease five Boeing 737-800 cargo aircraft. The five aircraft will be operated on Amazon’s behalf by Southern Air, an Atlas Air Worldwide Holdings, Inc. airline.“We...
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April 15, 2019, 07:29 AM
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Aircraft leasing companies are poised for favorable industry dynamics in 2017 and should benefit from strong growth of global air traffic, according to a new report from Fitch Ratings. Moderate increases in energy prices will reduce airline...
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January 13, 2017, 07:04 AM
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GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced it signed a purchase-and-leaseback transaction with Korean Air Lines Co., Ltd. for five new Boeing 777F freighters powered by GE90 engines as part of...
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September 06, 2016, 07:00 AM
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GE Capital Aviation Services announced the appointment of Alec Burger, as its president and CEO effective January 1, 2016. Burger will take over the executive management of the business from Norman C.T. Liu, 58, who will stay on as chairman of GECAS...
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October 28, 2015, 06:42 AM
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Bell Helicopter, a Textron Inc. company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve...
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June 16, 2015, 07:02 AM
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Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing announced today at Helicopter Association International’s Heli-Expo that the company is expanding its international presence into three new...
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March 03, 2015, 06:53 AM
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Bombardier Commercial Aircraft announced that lessor GE Capital Aviation Services ("GECAS") has signed a firm purchase agreement for five Q400 NextGen aircraft and has also taken options on an additional 10 Q400 NextGen aircraft.Based on the list...
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January 05, 2015, 06:49 AM
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GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE...
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October 14, 2014, 06:00 AM
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Bloomberg reports that GE's aircraft leasing division may add helicopters to its portfolio of rental assets amid rising competition in the market for financing commercial jetliners. The Bloomberg report quotes Norman Liu, the unit’s chief executive...
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February 11, 2014, 07:01 AM
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