September 01, 2005 -- EVENDALE, OHIO - Nippon Cargo Airlines (NCA) has selected GE CF6-80C2 engines to power four Boeing 747-400F aircraft. The engine deal is valued at more than $150 million. Aircraft delivery will begin in 2007.
Since its inaugural flight between Japan and the U.S. in 1985, NCA has been the only air-cargo-transport company in Japan. The company has steadily increased its number of aircraft and enhanced its transport performance.
WILMINGTON, N.C.--(BUSINESS WIRE)--Aug. 30, 2005--GE Energy's nuclear business has reached a major milestone in the development of its new reactor design - the economic simplified boiling water reactor (ESBWR) - by formally submitting its Design Certification application to the U.S. Nuclear Regulatory Commission.
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STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 30, 2005--GE Consumer Finance, the consumer lending unit of General Electric Company (NYSE: GE), today announced that it will offer a new private label credit card to U.S. customers of IKEA, the world's leading home furnishings retailer. The IKEA Card will be issued by GE Consumer Finance and will be available to IKEA shoppers in the coming months.
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 30, 2005--The first clothes care system with washer to dryer communication just got smarter. The highly acclaimed GE Profile Harmony Clothes Care System now features a CleanSpeak(TM) system, meaning it contains both English and Spanish options on the LCD washer and dryer touch screens.
"GE is proactively responding to changing U.S. demographics," said Jennifer Mintman, General Manager - Clothes Care and Dishwasher, GE Consumer & Industrial. "According to the 2002 Census, 13.3 percent of the U.S. population was Hispanic."
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August 30, 2005 -- EVENDALE, Ohio - Republic Airways Holdings, Inc. has signed a 10-year OnPoint
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Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 29, 2005--GE Commercial Finance Global Media & Communications today announced that it has enhanced its relationship with private equity firm Arlington Capital Partners through two financings for Cherry Creek Broadcasting and its subsidiary Long Island Radio, LLC. Over the past several weeks, GE committed $15 million to a $40 million senior secured facility for Cherry Creek Broadcasting and served as Administrative Agent for a $6 million senior secured facility for Long Island Radio.
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ISTANBUL, Turkey--(BUSINESS WIRE)--Aug. 26, 2005--Dogus Holding A.S and GE Consumer Finance (GECF) the global consumer lending unit of General Electric Company (NYSE: GE), today announce that the parties have reached agreement regarding the acquisition by GECF of a 25.5% share in Garanti Bank, Turkey's third largest private bank. The transaction is subject to regulatory approvals, and is expected to close in the fourth quarter of this year.
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August 26, 2005 -- EVENDALE, Ohio - Shenzhen Airlines has signed a new 15-year OnPoint
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Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609
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August 26, 2005 -- EVENDALE, Ohio - Shenzhen Airlines has become the newest customer for the CFM56-5B, placing an order for engines to power three Airbus A320 and two A319 aircraft. The engine order is valued at $60 million at list price.
CFM56-5B engines are produced by CFM International, a 50/50 joint company between Snecma and General Electric Company. CFM is the world's leading aircraft engine supplier, with more than 15,000 engines in service worldwide.
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Istanbul, Turkey - August 25, 2005 -- Dogus Holding A.S and GE Consumer Finance (GECF) the global consumer lending unit of General Electric Company (NYSE: GE), today announce that the parties have reached agreement regarding the acquisition by GECF of a 25.5% share in Garanti Bank, Turkey's third largest private bank.