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Press Release

GE facilitates €90MM project financing for phase II construction of Ukrainian wind farm

June 24, 2019
  • German banking consortium to provide debt financing to fund the project
  • German and Spanish export credit agencies team up to support the debt financing
  • GE Renewable Energy to supply 26 3.8-137-110HH turbines for phase II 

KIEV, UKRAINE – JUNE 24, 2019 – GE Capital’s Global Capital Advisory (GCA) business, a unit of GE (NYSE: GE), has reached another project milestone for DTEK Renewables B.V.


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Press Release

Amazon partners with GECAS to lease an additional fifteen 737-800 Converted Freighters

June 18, 2019

Amazon’s Air Network to Expand Prime Fast, Free Shipping for Customers – Adding Fifteen Boeing 737-800 Converted Freighter Aircraft to Fleet that will enter the air network by 2021


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Press Release

GECAS and David Neeleman agree to a Letter of Intent for Nine A220-300 aircraft

June 17, 2019

17 June 2019

GECAS and David Neeleman’s new airline, codenamed ‘Moxy’, have agreed to a Letter of Intent for the purchase and leaseback of nine A220-300 aircraft with deliveries scheduled in 2021 and 2022.


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Press Release

GECAS Brings First A320neo to Colorful Guizhou Airlines

June 17, 2019

17 June 2019

GECAS and Colorful Guizhou Airlines have agreed to a lease agreement for four A320neo aircraft from the lessor’s orderbook, with deliveries beginning in late 2019 and continuing into 2020. Headquartered in Guiyang, south west of China, this agreement marks the airline’s foray as a narrowbody operator.


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Press Release

GECAS announces new Regional Manager for Latin America & Caribbean

June 11, 2019

Dublin, Ireland – 11 June 2019 – GECAS has today announced the appointment of Priscilla Branco as its new Regional Manager for Latin America & Caribbean (LAC). Priscilla, a native of Rio de Janeiro, has over a decade of experience working in the aviation sector in the LAC market. In this role, she will be responsible for developing and executing the commercial strategy for GECAS’ fixed wing aircraft for the region.


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Press Release

Milestone Strengthens Its Commercial Team

May 28, 2019

Dublin, Ireland - 28 May, 2019 - Milestone Aviation Group (Milestone), a GECAS company and the global leader in helicopter leasing, has announced two leadership appointments to its organisation.


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Press Release

GE Secures $1.0B in Project Financing for Sharjah's First Independent Combined Cycle Power Plant

May 19, 2019
  • Japanese export credit agency and private financial institutions - under insurance cover by the Government of Japan - co-finance GE’s flagship power plant in Sharjah, UAE
  • Co-developers GE & Sumitomo form equity consortium with Shikoku Electric Power Company and Sharjah Asset Management for the Project
  • Financing of the Project profiles Sharjah as an attractive destination to invest and do business in

SHARJAH, UAE; May 20, 2019 - Co-developers GE Energy Financial Services (“GE EFS”) and Japan’s Sumito


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Press Release

GECAS Delivers First 737-900ERs Operated in Russia to Pegas Fly

May 02, 2019

GECAS has delivered the first Boeing 737-900ER to Nordwind subsidiary Ikar Airlines, LLC, which operates as Pegas Fly. The aircraft is the first 737-900ER to be operated by a Russian airline and one of three which GECAS will provide Pegas Fly this year.


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Press Release

GECAS and Oz Management Close STARR 2019-1: The Second Structured Sale of Aircraft to Include OZM as Dedicated Asset Manager

April 18, 2019

SHANNON Ireland and NEW YORK, April 18, 2019

GECAS and Oz Management (NYSE: OZM) (“Oz”) announced today the closing of STARR 2019-1. In this transaction GECAS is selling twenty in-production Boeing and Airbus narrowbodies to START II Ltd. With an average aircraft age of less than six years, the diversified portfolio includes aircraft currently on lease to 13 airlines in 11 countries and has total appraised value of approximately $589mn.


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Press Release

GECAS Delivers AEI's First-Ever 737-800 Converted Freighter to Ethiopian

March 04, 2019

GECAS has delivered AEI’s inaugural passenger-to-freighter converted 737-800 to Ethiopian Airlines, national flag carrier of Ethiopia. Completing the conversion of the prototype aircraft in December, Aeronautical Engineers Inc (AEI) has now received the supplemental type certification (STC) from the US Federal Aviation Administration for their 737-800SF.


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