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Press Release

GECAS announces delivery of a new Airbus 320 to Nouvelair Tunisie

July 07, 2010

Shannon, Ireland, July 7, 2010 -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 (serial number 4347) to Nouvelair Tunisie to help the carrier's fleet expansion.

The aircraft come from GECAS' existing order book with Airbus and is one of five aircraft GECAS currently leases to the airline. Nouvelair Tunisie, a leading North African charter airline based in Monastir, Tunisia, has a current fleet of 17 aircraft, consisting primarily of A320s. 

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GECAS announces delivery of a new Boeing 737 to Air China

July 07, 2010

SHANNON, IRELAND July 7, 2010 . -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Boeing 737-800 (serial number 36548) to Air China to help with the carrier's fleet expansion.

The aircraft come from GECAS' existing order book with Boeing and is one of 27 aircraft GECAS currently leases to the airline. Air China, the flag carrier based in Beijing, currently has a fleet of 264 aircraft. 

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AirFinance Journal Recognizes Three 2009 GE Capital Aviation Services Transactions for Innovation, Financial Expertise

May 03, 2010

NEW YORK--(BUSINESS WIRE)--GE Capital Aviation Services (GECAS) today announced that three of its aircraft financing transactions in 2009 were awarded "Deal of the Year" honors by AirFinance Journal.

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Shay O'Donnell named Vice President, Sales and Marketing, at GECAS Asset Management Services Unit

April 15, 2010

30-year aviation industry veteran will help drive growth strategy at airframe parts business

MEMPHIS, TENN, April 15, 2010 --- Seamus (Shay) O'Donnell has been named vice president, sales and marketing at GE Capital Aviation Services' Asset Management Services (AMS) business, reporting to Steve Connolly, AMS general manager. O'Donnell joined GECAS in 2008 as global inside sales leader. Prior to 2008 , he  worked for Volvo Aero in Seattle, Washington, in their venture with Boeing. O'Donnell has over 30 years of aviation industry experience.   

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GE Capital Aviation Services Signs Deal with Air Berlin for Sale Leaseback of Four Airbus A320s.

April 15, 2010

STAMFORD, CT, April 15, 2010 ---GE Capital Aviation Services (GECAS) announced today that it has entered into another deal with Air Berlin for the sale leaseback of four Airbus A320-200 aircraft.

The four aircraft will be delivered from Air Berlin's existing order book with Airbus, and all will be equipped with CFM56 engines. The aircraft will be delivered in 2010.

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GE Capital Aviation Services signs Engine Purchase Leaseback Deal With Emirates

April 15, 2010

Transaction marks first engine leasing deal with long-time strategic customer

STAMFORD, CT, April 15, 2010 --- GE Capital Aviation Services Ltd. (GECAS) announced today that it has executed a deal with Emirates, the Dubai-based airline, for the purchase/leaseback of eight GE90-115B engines to support the carrier's Boeing wide body fleet. This was the first engine leasing deal consummated between the two companies, and was contracted by the Engine Leasing division of GECAS.  

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GE Capital Aviation Services and Leasing Arm of China Development Bank close key aviation transaction

December 15, 2009

SHANNON, IRELAND, DECEMBER 15, 2009 --- GE Capital Aviation Services Ltd. (GECAS), the Irish-based aircraft leasing business of General Electric Capital Corporation announced the sale of 15 commercial aircraft valued at approximately US$830MM leased to multiple airlines around the world to CDB Leasing Co., Ltd., a subsidiary of China Development Bank.

President Wang Chong of CDB Leasing Co., Ltd. said: "We are pleased to close this major aircraft transaction with GECAS. It will greatly expand our international presence." 

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GE Capital Aviation Services announces delivery of two new Boeing 737s to flydubai

September 02, 2009

SHANNON, IRELAND September 2, 2009. -- GE Capital Aviation Services (GECAS) announced the delivery of two new Boeing 737-800s (serial numbers 40233 and 40234) to flydubai Airlines to help the carrier's fleet expansion.

Both planes were delivered in July. These deliveries are two of four B737-800s delivering in 2009 which are financed by GECAS for flydubai. The remaining two B737-800s are expected to be delivered in October and December.

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GE Capital Aviation Services Signs Deal with Air Berlin for Sale Leaseback of Three Airbus A320s

August 25, 2009

STAMFORD, Conn.--(BUSINESS WIRE)--GE Capital Aviation Services (GECAS) announced today that it has entered into a deal with Air Berlin for the sale leaseback of three Airbus A320-200 aircraft. The three aircraft will be delivered from Air Berlin's existing order book with Airbus, and all will be equipped with CFM56 engines. The aircraft will be delivered in early 2010.

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GECAS Announces delivery of new Airbus A320 to Wizz Air

August 19, 2009

SHANNON, IRELAND August 19, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 to Wizz Air to help the carrier's fleet expansion.  GECAS acquired the aircraft (serial number 3968) through a purchase and leaseback transaction with the airline.  The aircraft is part of an existing order agreement between Wizz Air and Airbus.

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