SHANNON, Ireland, May 3, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of two leased Airbus A320s to Brussels Airlines. The airline is in the process of modernizing its fleet. The aircraft being leased will replace older aircraft in the airline's fleet as part of this plan.
Brussels Airlines currently operates a fleet of 47 aircraft to more than 70 destinations.
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Results, including promising 2012 outlook, to be released at Canadian Restaurant Investment Summit May 30 in Toronto
TORONTO (ON) -- As the economy moves from recovery to expansion, Canadians are expected to cautiously increase their spending at restaurants and the Canadian foodservice industry should grow modestly this year, according to the first annual Canadian Chain Restaurant Industry Review, an extensive research report commissioned by GE Capital and compiled by fsSTRATEGY and NPD Group Canada.
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Eden Prairie, Minn. -- April 30, 2012 -- GE Capital Fleet Services today announced the results of its 17th annual fleet passenger car maintenance study, which found that overall fleet car maintenance costs continued a three-year trend of slight decreases. Maintenance costs continued to decline in 2011 as a result of increased vehicle replacement in 2010, which in-turn decreased the average cost of repairs per vehicle.
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BETHESDA, MD -- April 30, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on $7.5 million in senior secured credit facilities for PharmAthene, consisting of a $2.5 million term loan and a $5 million revolving line of credit. The financing will be used for general working capital purposes.
Headquartered in Annapolis, MD, PharmAthene is a leading biodefense company that develops and commercializes medical products to counter biological and chemical weapons.
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MUMBAI, April 30, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of a Boeing 737-900ER aircraft to India's Jet Airways to expand the airline's fleet.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
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NORWALK, CT and MONTREAL -- April 26, 2012 -- GE Capital, Corporate Finance today announced it is administrative agent for a $70 million asset-based credit facility for Le Château, a leading Canadian specialty retailer and apparel manufacturer. The loan will be used to refinance existing debt and support working capital needs.