DUBAI, United Arab Emirates--(BUSINESS WIRE)--flydubai, Dubai's first low cost airline, has signed a deal to finance four Boeing B737-800 aircraft with GE Capital Aviation Services (GECAS). The sale and leaseback agreement covers the aircraft due to be delivered to flydubai from Boeing in 2009, with two expected in July, one in October and one in December.
Dubai, U.A.E., 1st July, 2009 - flydubai, Dubai's first low cost airline, has signed a deal to finance four Boeing B737-800 aircraft (worth US$320m list), with GE Capital Aviation Services (GECAS).
The sale and leaseback agreement covers the aircraft due to be delivered to flydubai from Boeing in 2009, with two expected in July, one in October and one in December.
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SHANNON, IRELAND June 26, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 (serial number 3927) to Wizz Air to help the carrier's fleet expansion.
GECAS acquired the aircraft 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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SHANNON, IRELAND June 23, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of an Airbus A320-200 aircraft (serial number 3923) to Aeroflot Airlines to help the carrier's fleet development
The aircraft comes from GECAS' existing order book with Airbus and is one of 31 aircraft GECAS currently leases to the airline. Aeroflot, based in Moscow, Russia, currently has a fleet of 104 aircraft.
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STAMFORD, CT, USA June 15, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a second Boeing B777-200LR freighter to LAN CARGO.
The aircraft comes from GECAS' existing order book with Boeing and is one of three aircraft GECAS currently leases to LAN CARGO. LAN CARGO, based in Santiago de Chile, currently has a fleet of 11 freighter aircraft.
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Team leaving Aviation house location after 25 years
SHANNON, IRELAND, JUNE 12, 2009 --- After nearly 25 years at their former Aviation House location, the 140 employees of GE Capital Aviation Services (GECAS) today officially celebrated the opening of their new facility at Westpark Office Complex.
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Henry A Hubschman to become Chairman of GECAS
Stamford, CT., June 12, 2009 -- GE Capital Aviation Services (GECAS), a division of GE (NYSE: GE), today announced the promotion of Norman C.T. Liu, 51, to president and chief executive officer. Liu will take over the executive management of the business from Henry A. Hubschman, 61, who will take on the new role of chairman of GECAS. Liu and Hubschman will begin in their new roles on July 1, 2009.
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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.
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STAMFORD, CT, USA June 4, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 to Iberworld Airlines to help the carrier's fleet development.
The aircraft comes from GECAS' existing order book with Airbus and is one of five aircraft GECAS currently leases to the airline. Iberworld Airlines, based in Palma, currently operates a fleet of 11 aircraft.
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STAMFORD, CT, USA May12, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Boeing 777-200LRF to LAN CARGO to support the freight carrier's fleet expansion.
The 777-200LRF is equipped with the GE90 engine. This is the first of two 777-200LRFs that GECAS will deliver to LAN CARGO this year.