SHANNON, Ireland May 14, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of a new Airbus A330-300 aircraft to KLM Royal Dutch Airlines. The aircraft comes from GECAS' existing order book with Airbus and will be used to modernize the airline's fleet.
Dan Whitney
GE Capital Aviation Services
dan.whitney@ge.com
203-585-2268
203-300-8707
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EDEN PRAIRIE, Minn.--10 May 2012-- GE Capital Fleet Services today announced the launch of IntelliGauge, a mobile fuel and CO2 calculator application that allows users to compare components of their current vehicles against future vehicles. IntelliGauge is designed to help companies and consumers alike make smart decisions on their vehicle purchases. IntelliGauge is free to use and is optimized for use on iPads, smartphones and desktops.
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Funds recapitalization for Wichita, KS-based operator
SCOTTSDALE, Ariz.--10 May 2012-- GE Capital, Franchise Finance provided an $80 million senior credit facility to F&H Acquisition Corp., a restaurant company majority-owned by affiliates of Newcastle Capital Management, L.P. and Steel Partners Holdings L.P. The financing includes a $72.5 million term loan and a $7.5 million revolving line of credit to assist in recapitalizing the company's balance sheet.
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Aberdeen, Scotland, May 9, 2012 -- ZiLift, an Aberdeen, Scotland-based provider of artificial lift solutions for the oil and gas industry, announced today that it has received a growth capital investment of £4 million (US$7 milion) from new and lead investor Energy Technology Ventures -- a GE-NRG Energy-ConocoPhillips venture -- and existing investors Energy Ventures, Chevron Technology Ventures, Viking Venture, Jebsen Asset Management and Investinor.
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TAIPEI, Taiwan, May 8, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, today signed an agreement to lease four new Boeing 777-300ER aircraft to EVA Airways.
Delivery of the aircraft from GECAS' existing order book with Boeing is scheduled for 2014.