STAMFORD, CT, USA June 10, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320 to TAM Linhas Aéreas, on May 26, to help the carrier's fleet expansion.
The aircraft comes from TAM's existing order book with Airbus, was financed through a sale lease-back transaction with GECAS, and is one of 19 aircraft that GECAS currently leases to the airline. TAM Linhas Aéreas, based in São Paulo (Brazil), currently operates a fleet of 132 aircraft.
About GE Capital Aviation Services (GECAS)
GECAS, the US and Irish commercial aircraft financing and leasing business of GE, has a fleet of approximately 1,500+ owned aircraft with approximately 250 airlines in over 70 countries, and it manages over 325 aircraft for others. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world.
GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at http://www.ge.com. GE is Imagination at Work .
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707