SINGAPORE, NOVEMBER 11, 2010 -- GE Capital Aviation Services Ltd. (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320-200 aircraft to Philippine Airlines, Inc. The delivery comes from GECAS' existing order book with Airbus and is the first of a number of new A320s to be delivered by GECAS to PAL.
Philippine Airlines currently operates a fleet of 50 aircraft, including Airbus A319s and A320s and Boeing 747s and 777s leased from GECAS.
About GE Capital Aviation Services (GECAS)
GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,800 owned and managed aircraft with approximately 245 airlines in over 75 countries. 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 23 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