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Press Release

GE Capital Aviation Services Delivers Two New Airbus A320s to Aeroflot

June 03, 2011

MOSCOW, June 3, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of two new Airbus A320s to Aeroflot Russian Airlines. The aircraft come from GECAS' existing order book with Airbus.

Aeroflot operates a fleet of nearly 100 aircraft to more than 100 destinations. The new A320s leased from GECAS are part of the airline's multi-year fleet renewal program.


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Growth in UK demand for big ticket leisure items remains subdued in Q1, says GE Capital

May 31, 2011

UK demand for big ticket leisure items such as caravans, sailing boats and leisure motorcycles improved in the first quarter of 2011 but growth remained extremely weak for the second successive quarter, according to data released today by GE Capital.


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GE Capital launches new tool to reduce fuel cost

May 31, 2011

European customers to save 21 m litres of fuel and reduce carbon emissions


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GE Capital Provides £9.5 million Facility to Fogarty Limited

May 31, 2011

LONDON: 31st May, 2011: GE Capital today announced that it has provided East-Midlands based Fogarty (Filled Products) Limited, with a £9.5 million financing facility.


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GE Capital lanciert Clear Drive

May 31, 2011

GE Capital lanciert neues Produkt zur Senkung der Treibstoffkosten.

Kunden in Deutschland sparen 4,9 Millionen Liter Treibstoff und senken ihre Kohlenstoffemissionen


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GE Capital to sell remainder of home lending business to Pepper Homeloans

May 24, 2011

Sydney, Australia: GE Capital Australia and New Zealand has today signed an agreement to sell approximately $5 billion dollars in mortgages to Pepper Homeloans, in a sale that marks the final phase of its withdrawal from its home lending business in Australia and New Zealand.

"This transaction aligns with GE Capital's strategy to become Australia and New Zealand's leading specialist financial services provider," said Skander Malcolm, President and CEO, GE Capital Australia & New Zealand.


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GE Capital Retail Finance announces agreement to continue providing credit card program for Men's Wearhouse

May 24, 2011

US retail card business keeps focus on growth with new 7-year agreement just in time for prom and wedding seasons


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GE Capital Fleet Services Launches Eco Website Dedicated to Alternative Vehicles

May 23, 2011

EDEN PRAIRIE, Minn.--23 May 2011-- GE Capital Fleet Services today announced it launched a new interactive eco website, dedicated to alternative vehicles and services. The website provides information, tools and educational materials to serve as a resource to help companies with greening their vehicle fleets.


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GE Capital acquires over NZ$100 million of Face Finance assets

May 22, 2011

Auckland: GE Capital's New Zealand Equipment Finance business has acquired over NZ$100 million of commercial loan assets from Face Finance Limited, a subsidiary of South Canterbury Finance.

The deal consolidates GE Capital's position as a specialist financial service provider and complements its equipment finance offering in the New Zealand market.


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Hara Secures Funding from Strategic Investors Energy Technology Ventures -- a GE, NRG Energy, and ConocoPhillips Joint Venture -- and ITOCHU, Bringing Total Raised to $45 Million

May 18, 2011

Ray Lane of Kleiner Perkins Caufield & Byers Named Board Chairman


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