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Press Release

"CO2 emissions limit" tops company car criteria list

July 31, 2014

Research from GE Capital's latest Company Car Trends research

Sale, Manchester, 2014: "CO2 emissions limit" is the number one factor used when setting the criteria for a company car choice list, according to the latest quarterly Company Car Trends research from GE Capital, Fleet Services.

Along with "fitness for purpose" and "maximum monthly rental", these three criteria lead every other factor used by the fleets surveyed by a huge margin -- more than 50% of respondents named these top factors but all others polled less than 20%.

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Press Release

Van Type Approval leading to overall cost savings, says GE Capital

July 31, 2014

Sale, Manchester, July 2014: The European Community Whole Vehicle Type Approval regulations (ECWVTA), which became compulsory in April 2013 covering modifications to racking and other fitments, are leading to overall cost savings for van fleets, says GE Capital Fleet Services.

The approval scheme provides a mechanism for ensuring that new light commercial vehicles meet environmental, safety and security standards.

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Press Release

Ares Management and GE Capital Provide €46.5 Million Unitranche Debt Facilities for InfoVista

July 31, 2014

Paris---31 July 2014 -- Ares Management Ltd., which oversees the European activities of Ares Management, L.P. (NYSE:ARES), and GE Capital International, the leading provider of specialist finance to the mid-market, have provided a €46.5 million debt facility to French firm InfoVista through the firms' €1.75 billion joint venture, the European Senior Secured Loan Programme (ESSLP).

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Press Release

Second Quarter 2014 Earnings

July 18, 2014

GE announced second-quarter 2014 operating earnings of $3.9 billion, with operating earnings per share of $0.39, up 8% from the second quarter of 2013.

Please click here to read the rest of the press release, in English.

Corporate Communications
[email protected]

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Press Release

GE Aviation and SpiceJet Airlines of India sign Flight Efficiency Services contract for airline's entire fleet

July 15, 2014

SpiceJet becomes the first Indian operator to receive Flight Efficiency Services

Farnborough, UK - July 15th , 2014 -- SpiceJet Airlines has selected GE's Flight Efficiency Services (FES) to support its fleet of 52 Boeing 737 and Bombardier Q400 aircraft. GE will provide flight data analytics and fuel management to optimize the airline's operational efficiency with the goal of substantially reducing fuel expenses for the airline.

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GE Aviation and Barco's Defence & Aerospace division sign Collaboration Agreement for Future Helicopter Displays

July 15, 2014

Farnborough -- July 15, 2014 -- GE Aviation and Barco's Defence & Aerospace division have signed an MOU for collaboration in the development of a new family of open system cockpit display products, targeted at display and avionic system applications for helicopters.

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Press Release

ST Aerospace Renews TRUEngine MRO Status

July 15, 2014

FARNBOROUGH, England-- 15 July, 2014 -- In a continuation of its relationship with CFM International, ST Aerospace has renewed its TRUEngine authorized maintenance, repair and overhaul (MRO) provider license for CFM56 engines, demonstrating a further commitment to OEM quality engine maintenance.

Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609

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Press Release

Interjet selects LEAP-1A to power A320neos

July 15, 2014

  • Agreement includes long-term support package
  • Airline will begin taking delivery in 2018

FARNBOROUGH, England --- 15 July 2014 --- Interjet, one of Mexico's leading domestic airlines, today announced it has selected CFM International's advanced LEAP-1A engine to power its new fleet of 40 Airbus A320neo family aircraft CFM values the order, including the long-term support package, at $2.9 billion U.S. at list price. The aircraft were originally announced in November 2012.

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Loong Air Selects CFM56-5B to power new A320ceo fleet

July 15, 2014

  • Order includes long-term service contract
  • Airline qualified for TRUEngine status

Farnborough, England--- 15 July, 2014 --- China's Zhejiang Loong Airlines has selected CFM International's CFM56-5B engine to power 11 Airbus A320ceo aircraft. CFM values the engine order and associated service agreement at nearly $520 million U.S. at list price, including spare engines.

Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609

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Press Release

Air Lease Corporation orders CFM LEAP-1A to power A320neos

July 15, 2014

  • Order valued at $520 million U.S.
  • Has orders for both LEAP-1A and LEAP-1B variants

FARNBOROUGH, England ---15 July 2014 --- Air Lease Corporation (NYSE: AL) today announced that it has selected CFM International's advanced LEAP-1A engine to power 20 Airbus A320neo family aircraft. CFM values the order at $520 million billion U.S. at list price. The aircraft were originally announced in June 2012.

Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609

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