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Press Release

GECAS Extends Relationship with AirBridgeCargo Airlines

October 12, 2017

GECAS Extends Relationship with AirBridgeCargo Airlines

Shannon, Ireland, Oct 12, 2017 - GECAS has acquired a 747-8 freighter (MSN 63378) from Boeing Capital Corporation and will continue the existing aircraft lease with AirBridgeCargo. This transaction expands GECAS’ decade-long relationship with the airline, who operate an all-747 fleet including two 747-400ERFs from GECAS.


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Press Release

Milestone Aviation Provides Alidaunia Two AW169 Helicopters for Emergency Medical Services Operations

October 03, 2017

Dublin, Ireland, Oct 3, 2017 - Milestone Aviation Group Limited (“Milestone”), the global leader in helicopter leasing, announced today that it has entered an agreement to lease two AW169 helicopters to Alidaunia S.R.L.  of Italy, to support their emergency medical services (“HEMS”) in Italy. Alidaunia has provided HEMS services in Italy for more than 20 years and Milestone is proud to bring latest technology aircraft to this service.


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Press Release

Milestone Aviation Provides Two Medium Helicopters to FAASA for Firefighting Missions

October 02, 2017

Dublin, Ireland, Oct 2, 2017 - Milestone Aviation Group (“Milestone”), announced today that it has entered into an agreement to lease two B412SP helicopters to FAASA Aviacion S.A. of Spain to support their expanded firefighting services. The two helicopters owned by Milestone, the global leader in helicopter leasing, were previously on lease to a Brazilian operator and utilized in oil and gas support missions. The helicopters are currently in Spain, where FAASA is carrying out reconfiguration work to facilitate the new firefighting mission.


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Press Release

Milestone Aviation and Babcock Mission Critical Services Celebrate Over Fifty Helicopters on Lease and Six Years of Lease Partnership

September 28, 2017

Dublin, Ireland, September 28, 2017 - Milestone Aviation Group Limited (Milestone) and Babcock Mission Critical Services Ltd. announce the sixth anniversary of their lease partnership. Milestone, the global leader in helicopter leasing, has served Babcock (and its predecessor companies) since 2011, first providing for the purchase/lease-back of three light-twin emergency medical service helicopters operated in Spain and Portugal.


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Press Release

GECAS Celebrates Its 50 Year Legacy in Aviation Finance

September 08, 2017

September 12, 2017, Shannon Ireland

September 2017 marks the 50th anniversary of the first aviation finance transaction ever entered into by GE, with the signing of a lease agreement for three DC 9-30s to Allegheny Airlines in 1967. GECAS is proud to have become the premier aviation financier with the largest aircraft fleet of any lessor, the largest and most global team in the industry, serving the largest range of customers in aviation.


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Press Release

GECAS Plans to Convert a Further 30 737-800s to Freighters

June 21, 2017

Shannon, Ireland - June 21, 2017 - GE Capital Aviation Services (GECAS) a world leader in aviation leasing and financing, is planning to convert a further 30 Boeing 737-800s into freighters.

GECAS launched the 737-800 freighter program with Aeronautical Engineers (AEI) in 2015 and Boeing in 2016. Since then GECAS has provided each program with a prototype aircraft for modification at separate conversion facilities in Miami and Shanghai.


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Press Release

West Atlantic to lease four 737-800 Boeing Converted Freighters from GECAS

June 20, 2017

West Atlantic to become the first operator worldwide of this type 

Shannon, Ireland - June 20, 2017 - West Atlantic Airlines, a European dedicated cargo airline specialised in mail and express freight, has agreed to lease four 737-800 Freighters from GE Capital Aviation Services (GECAS). The airline will be the first operator to take delivery of the Boeing standard-body converted freighter. GECAS launched the program and provided the prototype aircraft to Boeing in 2016.


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Press Release

CDPQ & GE Capital Aviation Services to join forces in creating USD 2-billion global aircraft financing platform

June 19, 2017
  • CDPQ to provide strategic capital over four years to create an aircraft leasing and financing platform alongside world class operator GECAS
  • Platform will provide GECAS with increased flexibility to support future growth
  • Investment marks new milestone in the strategic relationship between CDPQ and GE

Montréal, Canada and Shannon, Ireland, 19 June, 2017 - Caisse de dépôt et placement du Québec


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Press Release

GECAS Announces Order for 100 Airbus A320neo Aircraft

June 19, 2017

Shannon, Ireland - June 19, 2017 - GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE (NYSE: GE), today announced a firm order for 100 Airbus A320neo family aircraft at the 52nd International Paris Air Show. All the aircraft will be powered by CFM’s LEAP-1A engines.

This new order brings the total number of A320 Family aircraft ordered by GECAS to ~600 aircraft. Of these 220 are A320neo Family aircraft including 33 A321neo.


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Press Release

Boeing, GECAS Announce Order for 20 737 MAX 10

June 19, 2017

Shannon Ireland, June 19, 2017 - Boeing [NYSE: BA] and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE] today announced an order for 20 of the new 737 MAX 10 at the Paris Air Show by converting 20 of its current MAX orders to the larger MAX 10 which was launched Monday.


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