- Transaction Aligns with GE’s Strategy to Create Simpler, More Valuable Industrial Company
- GE Capital’s Announced Sales Now Total Approximately US$177 Billion (ENI)
FAIRFIELD, Conn. - June 23, 2016 - GE (NYSE: GE) announced today that it has received a binding offer from an affiliate of Cerberus Capital Management, L.P.
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GE Capital Aviation Services Delivers New Leased Boeing 737-800 to Air China
SHANNON, Ireland, June 20, 2016 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of a new leased Boeing 737-800 aircraft powered by CFM engines to Air China.
Earlier this year, GECAS delivered another leased Boeing 737-800 to Air China. Both were part of GECAS’ existing order book with Boeing.
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GE Capital Aviation Services Delivers Four New Leased Boeing 737-800s to Hainan Airlines
SHANNON, Ireland, June 9, 2016 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of four new leased Boeing 737-800 aircraft, powered by CFM56 engines, to Hainan Airlines to expand the carrier’s fleet. The aircraft were part of GECAS’ existing order book with Boeing.
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SHANNON, Ireland - May 31, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new leased Boeing 787-9 aircraft powered by General Electric GEnx engines to Air Canada as part of a purchase-and-leaseback transaction with the airline.
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FAIRFIELD, Conn. - May 03, 2016 - GE (NYSE: GE) has completed the previously announced agreement to sell GE Capital’s Commercial Lending and Leasing portfolios in Australia and New Zealand (A&NZ) to Bain Capital Credit, advised and partially financed by Deutsche Bank. The transaction includes about US$1.2/A$1.6 billion in ending net investment (ENI). Terms of the transaction were not disclosed.
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NORWALK, CONN - May 16, 2016. GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE [NYSE: GE], today announced that it is underway with its inaugural 737-800NG passenger-to-freighter conversion with Miami-based Aeronautical Engineers, Inc. (AEI). GECAS announced the launch of its AEI passenger-to-freighter conversion program at the Paris Air Show in June 2015.