SHANNON, Ireland - February17, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of two leased Airbus A320 aircraft to AtlasGlobal to expand the Turkish carrier’s fleet. AtlasGlobal operates scheduled and charter services from its base in Instanbul with a fleet of some 20 aircraft.
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SHANNON, Ireland - February 9, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced its Regional Aircraft Group signed an agreement with Air Berlin PLC for three new leased Bombardier Q400 NextGen turboprop aircraft. The first aircraft is scheduled for delivery in September and the two others in October and November. The aircraft are part of GECAS’ existing order book with Bombardier.
CHICAGO, Jan. 13, 2016 - Commercial Distribution Finance (CDF), a business of GE Capital announced today it has extended its inventory financing program with Branson Tractor, a tractor distribution company, through 2019. The extension of the current agreement will be used to continue to support wholesale floor plan financing of compact tractors, backhoes, loaders, and mid-mount mowers.
GUELPH, Ontario, Canada, January 5, 2016 - Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that its wholly owned subsidiary, Recurrent Energy, one of North America’s largest solar project developers, closed on a tax equity investment commitment with GE (NYSE: GE) unit GE Energy Financial Services for the 75 megawatt (MWac) Astoria 2 solar power project.
CHICAGO, Dec. 28, 2015 - Optimism among dealers and other industry participants in the outlook for the recreational vehicle (RV) industry continued to increase from prior years, according to annual survey results released today by Commercial Distribution Finance (CDF), a business of GE Capital. Almost half (48 percent) of survey respondents said they expect sales to rise 5 percent to 10 percent next year, up from 41 percent who foresaw that rise in sales twelve months ago. Additionally, 31 percent of respondents expected RV sales to grow more than 10 percent.
SHANNON, Ireland - December 23, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it completed a purchase-and-leaseback transaction involving two new Airbus A350-900 XWB aircraft with Finnair. The aircraft delivered in October and December and are part of Finnair’s long-haul fleet renewal program.
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CHICAGO (December 17, 2015) Commercial Distribution Finance (“CDF"), a business of GE Capital, announced today that Arctic Cat Inc. (NASDAQ: ACAT), a leading manufacturer of recreational products, has chosen CDF as an exclusive provider for dealer inventory financing across North America. The financing will consolidate all of ACAT’s North American dealers onto one technology platform and provide them leading edge tools to help manage their businesses.
First A321neo models to enter service in Virgin America’s fleet in 2017
NORWALK, Conn., - December 15, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it signed an agreement with Virgin America, Inc., to lease 10 new Airbus A321neo aircraft powered by CFM’s LEAP-1A engines to expand the carrier’s fleet.
The first aircraft is scheduled for delivery in Q1 2017 and the remainder will deliver in 2017 and 2018. All 10 aircraft are part of GECAS’ existing orderbook with Airbus.
