London, 22 March, 2012: GE Capital has bolstered its European Corporate Aircraft Finance business, with the creation of several new roles and internal appointments. The changes include a new dedicated management team for Corporate Aircraft Finance -- Matthias Mueller will remain Commercial Leader and is joined by David Maher who is appointed to Chief Credit Officer and Colin Reid, who extends his remit as Asset Management Leader to include Corporate Aircraft Finance.
John Jenkins, CEO of GE Capital UK said: "The Corporate Aircraft market has been tough in recent years, but we are proud of our considerable expertise and confident of future prospects. The investment in our Corporate Aircraft Team will ensure our customers continue to benefit from the local knowledge of our aircraft specialists located throughout Europe as well as new back office teams dedicated to corporate aircraft finance based in London, Dusseldorf and Zurich."
GE Capital's Corporate Aircraft Finance business has 25 years of experience in financing corporate jets and a fleet of over 2,000 aircraft financed globally. European capabilities include the full support of in-country aircraft specialist representatives with localised expertise in London, Paris, Dusseldorf, Zurich and Stockholm. In addition Mubadala GE Capital, an Abu Dhabi based joint venture with Mubadala Development Company, provides aircraft financing solutions to customers across the Middle East region.
Zoe Chambers
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