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Press Release

GECAS Leases Twelve 737 MAX8s to Jet Airways

April 11, 2018

12 April 2018 - Singapore

GECAS has committed to lease twelve Boeing 737 MAX8s to Jet Airways (India) Limited with deliveries commencing from12 June 2018 and continuing into 2020. Six of these MAX aircraft will be from GECAS’ skyline order while the other six are from sale and lease back transactions from Jet Airways’ order book. The new technology aircraft are fitted with CFM-LEAP-1B27 engines.


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Press Release

GE Saudi Arabia is Core Area Winner of the King Khalid 'Responsible Competitiveness Award' for its exceptional and committed corporate governance standards

March 04, 2018
  • GE is the only international company to receive the King Khalid Award in 2017
  • King Khalid Award underlines the strong code of conduct deeply rooted in GEs organizational culture

Riyadh, Saudi Arabia; March 4th, 2018: GE Saudi Arabia has received the King Khalid ‘Responsible Competitiveness’ Award as one of the ‘Core Area’ winners for its commitment to corporate governance standards that underpin the company’s commitment to following a strong code of ethical conduct covering all aspects of its operations.


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Press Release

GECAS to Introduce Telair's New Flexible Loading System with Boeing 737-800 Converted Freighter Operators

February 04, 2018

Telair Receives Certification for Its New Flexible Loading System™

FEBRUARY 5, 2018 - SHANNON, IRELAND - Telair International AB today announced it has received certification for its new Flexible Loading System™ (FLS) for all current production and in-service Boeing 737 aircraft. The system allows 737 operators to carry containerized cargo (baggage, mail, and parcel freight) in the lower hold of the aircraft, along with bulk-loaded bags. 


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Press Release

GECAS takes delivery of its first Boeing 737 MAX, Leased to Travel Service

February 01, 2018

February 1, 2018, Shannon, Ireland

GECAS has taken delivery of its first 737 MAX 8 and GECAS and Travel Service -the largest carrier in the Czech Republic - celebrated its inaugural 737 MAX.   


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Press Release

Milestone Aviation Leases Eight AW139 Helicopters to Kingwing Supporting Expanded Emergency Medical Services In China

January 22, 2018

Transaction Facilitated by Milestone’s Leasing Platform in Tianjin Free Trade Zone


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Press Release

GECAS Arranges Sale-Leaseback Plus PDP Financing for 10 A320ceo Aircraft to Viva Air

January 17, 2018

January 17, 2018, Shannon, Ireland

GECAS has arranged a sale-leaseback along with pre-delivery payment financing for Viva Air in a transaction for ten A320ceo aircraft to be delivered in 2018 and 2019. Viva Air has been a GECAS customer since the inception of VivaColombia six years ago and their fleet is currently comprised entirely of A320ceo aircraft powered by CFM56 engines. 

 


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Press Release

GECAS Appoints Declan Kelly Chief Commercial Officer

January 12, 2018

12 January 2018, Shannon Ireland

Declan Kelly has been named Chief Commercial Officer for GECAS. In this newly created role, Declan will lead all originations activities for GECAS’ fixed wing aircraft and is responsible for the commercial strategy, building synergy and share practices between GECAS’ regions.

 


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Press Release

GECAS to lease Ethiopian Airlines the first two AEI-converted 737-800 Freighters

January 09, 2018

January 9, 2018, Shannon, Ireland

Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, has committed to lease the first two Boeing 737-800 freighters (737-800SF) converted by Aeronautical Engineers, Inc. (AEI) from GECAS, with the first delivery expected in June of 2018, followed by a second in January of 2019.


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Press Release

Alec Burger Named President Of GE Capital; Richard Laxer To Retire

December 22, 2017

Boston, December 22, 2017 - GE (NYSE: GE) announced today that Alec Burger, president and CEO of GECAS, has been named the President of GE Capital, reporting to GE CFO Jamie Miller effective January 2, 2018. 


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GECAS Takes Delivery of Its 394th - and Last - Next-Generation 737

December 07, 2017

Culminating a 20-year history of new orders for the type, GECAS has received its 394th and final skyline order of Boeing’s Next Generation 737. Just over a month prior to Boeing delivering its first 737 MAX to GECAS in January, the lessor took delivery of its final skyline NG order last week.

GECAS 7378NG


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