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Press Release

Apollo and Athene Close the Acquisition of GE Capital’s PK AirFinance Debt Business

December 12, 2019

NEW YORK – December 12, 2019 – Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO); Athene Holding Ltd.


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Press Release

GECAS and Sculptor Capital Management Close STARR 2019-2

December 04, 2019

Third Structured Sale of Aircraft to Include Sculptor as Dedicated Asset Manager


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Press Release

GECAS Places Orders for 32 Airbus Aircraft

November 19, 2019

Shannon, Ireland, 19 November 2019 – GECAS has entered into an agreement to purchase twenty A321XLR and twelve A330-900 aircraft from Airbus, with all 32 aircraft slated for delivery prior to the end of 2026.


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Press Release

GECAS Expands SalamAir’s Fleet with Two New A321neos

November 17, 2019

Dubai, 17 November 2019 – SalamAir and GECAS have entered into a lease agreement for two Airbus A321neo to enter service with Oman’s first low-cost carrier. The aircraft are from GECAS’ new order skyline and are outfit with the latest technology CFM LEAP engines.


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Milestone Expands Falcon Aviation Relationship with Lease of One AW189

November 17, 2019

Dubai, UAE, 17 November 2019 – Falcon Aviation Services of Abu Dhabi (United Arab Emirates) announced that it has expanded its Leonardo AW189 helicopter fleet with the addition of a further two aircraft, of which one is leased from Milestone Aviation Group (“Milestone”), a GECAS company and the global leader in helicopter leasing.


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GECAS and IAI Launch the 777-300ERSF Freighter Program

October 16, 2019
GECAS and Israel Aerospace Industries (IAI) today announced the launch of the Boeing 777-300ERSF, and the establishment of a passenger to freighter conversion program. Dubbed “The Big Twin” — denoting its status as the largest ever twin-engined freighter — the initiative is jointly funded by GECAS and IAI.
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Press Release

APOLLO AND ATHENE TO ACQUIRE PK AIRFINANCE FROM GECAS

August 29, 2019

NEW YORK – August 29, 2019 – Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO); Athene Holding Ltd. (NYSE: ATH); and GE Capital, the financial services arm of GE (NYSE: GE), today announced that they have entered into a definitive agreement for Apollo and Athene to purchase PK AirFinance, an aviation lending business, from GE Capital’s Aviation Services (GECAS) unit.  In connection with this transaction, Apollo will acquire the PK AirFinance aircraft lending platform and Athene will acquire PK AirFinance’s existing portfolio of loans.


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Press Release

GECAS provides Hongtu Airlines its first A320neo

July 31, 2019

Beijing, 1 August, 2019 – GECAS has delivered the first of four A320neo headed to Yunnan Hongtu Airlines (Hongtu Airlines). As announced at Farnborough 2018, Hongtu Airlines (operating as Air Travel) has agreed to lease four of the new-technology narrowbodies from GECAS’ skyline orderbook. This delivery marks the first LEAP-powered A320neo to enter service with Hongtu Airlines.

For media inquiries, please contact:

James Luton
Global Communications Leader
GECAS
[email protected]

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Press Release

GECAS to provide Ural Airlines two LEAP-powered A321neo

July 31, 2019

Shannon, Ireland, July 31, 2019 – GECAS has contracted with Ural Airlines to provide two A321neo aircraft from the lessor’s orderbook, with deliveries in October and December of this year. The narrowbody aircraft will be the first LEAP-powered A321neo to enter service in the Commonwealth of Independent States (CIS).

For media inquiries, please contact:

James Luton
Global Communications Leader
GECAS
[email protected]

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Press Release

Milestone Expands World’s Largest S-92 Fleet

July 10, 2019

Dublin, Ireland, July 2, 2019 – The Milestone Aviation Group Limited (“Milestone”), today announced the acquisition of an incremental Sikorsky S-92A aircraft, MSN 920155, bringing their total S-92A fleet to 79 units. As the largest owner of the S-92A globally, the purchase illustrates Milestone’s ongoing commitment to the type, which is the primary aircraft servicing the offshore oil and gas industry as well as serving search & rescue and executive transport.

For media inquiries, please contact:

James Luton
Global Communications Leader
GECAS
[email protected]

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