SHANNON, Ireland, March 10, 2015 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of two new Airbus A321 aircraft to Juneyao Airlines Co. Ltd. to expand the carrier’s fleet. The aircraft are part of GECAS’ existing order book with Airbus.
SHANNON, Ireland, March 4, 2015 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced it signed a contract to lease three new Boeing 737-800 aircraft to new customer Air India Express. Deliveries of the aircraft are scheduled for 2016 and are part of GECAS’ existing order book with Boeing.
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- New Offices to Open in Asia, South America and Middle East/Africa; Expansion in Europe
- Increased financial strength after GE Capital acquisition
ORLANDO, Florida, March 2, 2015 -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 regions - Asia, South America and the Middle East/Africa - while also growing its European staffing.
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DUBLIN, Ireland - January 30, 2015 - GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced it completed and closed its acquisition of Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion plus the assumption or payoff of Milestone’s existing debt.
"The acquisition of Milestone is a key part of our growth strategy for 2015 and beyond as we add an experienced team and expand into a natural adjacency for us, helicopters," said Norman Liu, president and chief executive officer.
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SHANNON, Ireland, January 21, 2015 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced it delivered a new leased Airbus A330-300 aircraft to KLM Royal Dutch Airlines, the flag carrier of the Netherlands, as part of the airline’s fleet renewal program. The aircraft is part of GECAS’ existing order book with Airbus.
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SHANNON, Ireland, November 24, 2014 - GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced delivery of three new leased Airbus A321 aircraft to the Thomas Cook Group. GECAS is scheduled to deliver a total of nine aircraft to Thomas Cook Group’s airlines in 2014 and 2015, as part of Thomas Cook’s previously announced program to renew and modernize its narrowbody fleet.
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SHANNON, Ireland, November 12, 2014 - GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of three new Boeing 777-300ERs to China Airlines to expand the airline’s fleet.
"China Airlines is very pleased to receive its third new 777-300ER from GECAS,” said Huang-Hsiang Sun, Chairman of China Airlines. “As we continue the addition of our new 777 aircraft, we will further strengthen our competitiveness and enhance our overall product offering.”
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- GE Capital’s Aviation Financing Unit Expands Into Helicopter Leasing
- Industry-Leading Milestone Team, Led by Richard T. Santulli, Joins GE
DUBLIN, Ireland - October 13, 2014 - GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion.