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Press Release

GE Capital is Administrative Agent on a $250 Million Credit Facility for Dunham's Athleisure Corporation

December 16, 2013

NORWALK, CT -- December 16, 2013 -- GE Capital, Corporate Retail Finance today announced it is administrative agent on a $250 million senior revolving credit facility for Dunham's Athleisure Corporation, a leading sporting goods retailer. The proceeds will support ongoing working capital needs and new store growth.


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GE Capital Aviation Services to Lease Two Boeing 737-800 to Jeju Air

December 16, 2013

SINGAPORE, December 19, 2013 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it signed a lease agreement with South Korean low-cost carrier Jeju Air for two Boeing 737-800 aircraft. The aircraft are scheduled for delivery in 2014 to expand the carrier's fleet.

Jejuair currently operates 13 Boeing 737-800s, its first delivered in 2008. It maintains three domestic routes and 15 international routes. Jeju Air has seen 30 percent annual passenger growth the last three years.


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Recreational Vehicle Industry Expects Continued Growth in 2014, Says New GE Capital Survey

December 16, 2013

CHICAGO, IL --- The popularity of recreational vehicles (RV) grew significantly in 2013, leading RV dealers to look hopefully toward the new year, according to survey results released today by GE Capital's Commercial Distribution Finance (CDF) business.

One-third of survey respondents said they expect sales to rise 10 percent to 15 percent next year, and an additional 37 percent expect RV sales to grow 5 percent to 10 percent. No respondents expect declining sales in 2014.


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L'industrie des véhicules récréatifs prévoit une croissance soutenue en 2014, selon un nouveau sondage de GE Capital

December 16, 2013

CHICAGO, IL --- La popularité des véhicules récréatifs (VR) a augmenté considérablement en 2013, et les détaillants de VR entrevoient la nouvelle année avec optimisme, selon les résultats d'un sondage publiés aujourd'hui par la division Financement commercial aux détaillants (CDF) de GE Capital.

Le tiers des répondants a affirmé attendre une augmentation des ventes de 10 à 15 pour cent l'année prochaine, et 37 autres pour cent prévoient que les ventes de VR augmenteront de 5 à 10 pour cent. Aucun répondant ne prévoit de baisse des ventes en 2014.


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GE Innovation Pinpoints Power Outages Quicker

December 16, 2013
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GE Oil & Gas Secures Long-Term Services Contract to Support Yara International's Fertilizer Complex in the Netherlands

December 16, 2013
Press Release

GE Oil & Gas Secures Long-Term Services Contract to Support Yara International's Fertilizer Complex in the Netherlands

December 16, 2013
Press Release

AirAsia Receives RNP Operations Approval with GE Aviation's Support

December 16, 2013

Airline becomes the first Malaysian operator to fly new efficient flight paths

Kent, WA USA / Kuala Lumpur -- December 16, 2013 -- AirAsia received approval to fly Required Navigation Performance (RNP) flight paths in Malaysia, with support from GE Aviation. The Malaysia Department of Civil Aviation Authority (DCA), the regulator and air navigation service provider, granted the nation's first RNP operations approval November 28th following a successful RNP flight validation conducted at Penang October 18th.


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Phase Two of Bac Lieu Wind Farm Will be Powered by 52 GE wind turbines

December 14, 2013
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