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Press Release

Russia's S7 Airlines joins the E-Jets operators' family

December 22, 2016

GECAS to lease 17 E170s to S7

Shannon Ireland, December 22nd, 2016 - Just weeks after receiving the Type Certificates from the Russian authorities for the E170 and E175 jets, S7 Airlines will be the first operator of the E170 in the country. The airline signed an agreement with GE Capital Aviation Services (GECAS) to lease 17 E170 pre-owned jets, therefore not impacting Embraer’s order backlog. The airline will start to receive the aircraft in the first quarter of 2017.


business unit
Press Release

Milestone Aviation Names Daniel Rosenthal President and CEO

December 01, 2016

DUBLIN, Dec. 1, 2016 -- Milestone Aviation Group Limited ("Milestone"), a GE Capital Aviation Services company ("GECAS") and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue to serve Milestone in an advisory capacity.


business unit
Press Release

GE CAPITAL COMPLETES SALE OF ITS SHARES IN GE CAPITAL INTERBANCA S.p.A TO BANCA IFIS S.p.A

November 30, 2016
  • GE Capital’s Completed Deals to Date Total Approximately US$186 Billion (ENI)
  • GE continues transformation to more focused Digital Industrial Company 

Boston, Mass. - November 30, 2016 - GE (NYSE: GE) has today sold its shares in GE Capital Interbanca S.p.A in Italy to Banca IFIS S.p.A. This transaction represents ending net investment (ENI) of approximately US$3.6 billion as of the end of the third quarter 2016.


business unit
Press Release

GE Completes Spin Off And Demerger Of Bank Bph Core Bank To Alior Bank

November 04, 2016
  • GE Capital’s Completed Deals to Date Total Approximately $178 Billion (ENI)
  • GE continues transformation to more focused Digital Industrial Company 

BOSTON, Mass. - November 4, 2016 - GE (NYSE: GE) announced that today it has completed the spin-off and merger of Bank BPH’s Core Bank (WSE: BPH) to Alior Bank (WSE: ALR), representing aggregate ending net investment (ENI) of approximately $3.6 billion at the end of the third quarter 2016.


business unit
Press Release

Bell Helicopter And Milestone Aviation Group Support Airlink Relief Efforts In Haiti Following Hurricane Matthew

November 03, 2016

BELL HELICOPTER AND MILESTONE AVIATION GROUP SUPPORT AIRLINK RELIEF EFFORTS IN HAITI FOLLOWING HURRICANE MATTHEW

Fort Worth, TX and Norwalk, CT November 3, 2016 - Helicopters are once again proving their worth in the wake of Hurricane Matthew, and three firms - Bell Helicopter, Airlink and GE - have combined efforts to match helicopter capability with the essential need to transport aid workers and supplies to regions in Haiti inaccessible by any other means.


business unit
Press Release

中国南方航空公司选择GEnx为其B787梦想飞机提供动力

November 02, 2016

中国珠海 - 2016年11月2日

中国南方航空公司今天与GE航空集团在2016中国航展上签署谅解备忘录,为其12架新订购、及8架租赁的B787-9梦想飞机选择GEnx-1B发动机。该发动机订单价值达11亿美元(目录价)。该批飞机将于2018年开始交付。

“南航致力于选择先进、可靠的航空发动机产品以给旅客提供环保、舒适的出行体验。自2013年我们首批B787-8梦想飞机投入使用以来,GEnx-1B发动机在我们的机队运营中一直表现非常出色,”南航股份公司副总经理兼总工程师李彤彬表示,“该款发动机为动力的B787梦想飞机给我们的业务增长做出了很大的支持。通过双方的深度合作,我们使用GE发动机的机队放行可靠度已经居于世界领先水平。”

“我们非常珍视南航对我们的产品和服务的一贯信赖,”GE航空集团全球副总裁兼市场销售总经理夏晨善表示。“南航和GE拥有长期的友好合作关系。早在90年代,南航就选择了GE90发动机为其波音777机队提供动力,成为了GE90发动机在亚洲的启动用户。多年来,我们一直携手合作,更期待着我们将来更进一步的合作。”


business unit
Press Release

Milestone Aviation Group Leases Two Airbus H130 Helicopters to MIT Group's HEMS999

October 27, 2016

Contributes to Growth of Emergency Medical Services Capabilities in China


business unit
Press Release

GE Capital Aviation Services Delivers First Airbus A320neo to Brazil's Azul

October 20, 2016

SHANNON, Ireland, 20 October 2016 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of a new, leased Airbus A320neo to Azul Linhas Aéreas Brasileiras S/A to expand and modernize the carrier’s fleet.

The Airbus A320neo aircraft, powered by CFM International LEAP-1A engines, is the first of eight scheduled for delivery to Azul by the end of 2019. All eight are part of GECAS’ existing order book with Airbus. CFM International is a joint venture between GE and Safran Aircraft Engines.


business unit
Press Release

GE Completes Sale Of Remaining Shares In Hyundai Capital Services

October 17, 2016
  • GE Capital’s Completed Deals to Date Total Approximately US$175 Billion (ENI)
  • GE continues transformation to more focused Digital Industrial Company 

BOSTON, Mass. - October 17, 2016 - GE (NYSE: GE) announced that today it has completed the sale of its remaining 20% stake in the Hyundai Capital Services (HCS) joint venture through a structured asset-backed security, representing aggregate ending net investment (ENI) of approximately $0.8 billion as at the end of the third quarter of 2016. 


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Press Release

GE Capital Aviation Services Delivers the first New Leased A320neo with CFM International LEAP-1A Engines in the Americas to Avianca Brasil

October 13, 2016

GE Capital Aviation Services Delivers the first New Leased A320neo with CFM International LEAP-1A Engines in the Americas to Avianca Brasil

SHANNON, Ireland, 13 October 2016 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of a new, leased Airbus A320neo to Avianca Brasil to expand and modernize the carrier’s fleet.

The aircraft is the first in the Americas powered by CFM International LEAP-1A engines. CFM International is a joint venture between GE and Safran Aircraft Engines.


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