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Press Release

Real-Time Asset Data 'Most Critical' in Managing Fleet Operations, GE Capital Fleet Services Survey Shows

May 13, 2009

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Real-time asset data is viewed as the most critical information in effectively managing fleet operations, according to recent findings from a GE Capital Fleet Services' survey. More than half (56%) of those polled said the ability to track metrics, such as miles driven and fuel consumption, are key to their operations.

In addition, productivity metrics, which include tracking travel time and the number of jobs or deliveries per day, are seen as helpful for managing fleets by 26 percent of the respondents.


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GECAS announces delivery of new Boeing 777-200LRF to LAN Cargo

May 12, 2009

STAMFORD, CT, USA May12, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Boeing 777-200LRF to LAN CARGO to support the freight carrier's fleet expansion.

The 777-200LRF is equipped with the GE90 engine.  This is the first of two 777-200LRFs that GECAS will deliver to LAN CARGO this year.  


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Press Release

GE/NBC Universal's Peacock Equity Fund Invests in EveryZing

May 11, 2009

Investment targets technology to capitalize on digital media publishing and advertising opportunities

NEW YORK, NY ― May 11, 2009 --- The Peacock Equity Fund, the joint venture between GE Capital's Media, Communications & Entertainment business, and NBC Universal, today announced it has joined an $8.25MM investment round for EveryZing, a leading provider of search and publishing technology for online content.


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GECAS Announces Delivery of New Airbus A320 to Wizz Air.

May 07, 2009

STAMFORD, CT, USA May 7, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 to Wizz Air to help the carrier's fleet expansion.

STAMFORD, CT, USA May 7, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 to Wizz Air to help the carrier's fleet expansion.  


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GE Capital Provides $75 Million Exit Financing Facility to Motor Coach Industries Inc.

May 04, 2009

NORWALK, Conn.--(BUSINESS WIRE)--GE Antares, GE Capital's private equity financing business, today announced it provided a $75 million asset-based loan facility to Motor Coach Industries (MCI) as part of the company's recapitalization enabling the company to emerge from Chapter 11.

MCI manufactures intercity coaches for the tour, charter, line-haul, scheduled service, and commuter transit sectors in the U.S. and Canada. The company also operates eight service centers in the U.S. and Canada and supplies aftermarket parts for most makes and models.


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GECAS announces delivery of new Boeing 737 to Hainan Airlines

May 01, 2009

STAMFORD, CT, USA May 1, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Boeing 737-800 to Hainan Airlines to help the carrier's fleet expansion.  

The aircraft comes from GECAS' existing order book with Boeing and is one of  14 aircraft GECAS currently leases to the airline.   Hainan Airlines, based in Haikou China, currently operates a fleet of 172 aircraft.

About GE Capital Aviation Services (GECAS)


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GECAS announces delivery of new Boeing 737 to Xiamen Airlines

April 30, 2009

STAMFORD, CT, USA April 30, 2009. -- GE Commercial Aviation Services (GECAS) today announced the delivery of a new Boeing 737-800 to Xiamen Airlines to help the carrier's fleet expansion.  

The aircraft comes from GECAS' existing order book with Boeing and is one of 13 aircraft GECAS currently leases to the airline.   Xiamen Airlines, based in Xiamen, China, currently operates a fleet of 51 aircraft.

About GE Commercial Aviation Services (GECAS)


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GECAS announces delivery of new Embraer 190 to Aero Republica

April 29, 2009

STAMFORD, CT, USA April 29, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Embraer 190 LR to Aero Republica to help the carrier's fleet expansion.  

The aircraft comes from GECAS' existing order book with Embraer and is one of seven aircraft GECAS currently leases to the airline. Aero Republica, based in Bogotá, Colombia, currently operates a fleet of 15 aircraft.

About GE Capital Aviation Services (GECAS)


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GECAS announces delivery of new Airbus 320 to Iberworld Airlines

April 29, 2009

STAMFORD, CT, USA April  29, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-214 to Iberworld Airlines, the first of three new aircraft to deliver this year to Iberworld to help the carrier's fleet development .

The aircraft comes from GECAS' existing order book with Airbus and is one of five aircraft GECAS currently leases to the airline.   Iberworld Airlines, based in Palma de Mallorca, currently operates a fleet of 11 aircraft.

About GE Capital Aviation Services (GECAS)


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GE Capital Leads $125 Million Debtor-in-Possession Financing to BI-LO, LLC

April 20, 2009

NORWALK, Conn.--20 April 2009-- GE Capital, Restructuring Finance today announced it led a $125 million debtor-in-possession (DIP) credit facility to BI-LO, one of the largest supermarket chains in the Southeastern U.S. The loan will be used for working capital needs as the company restructures under Chapter 11. GE Capital Markets arranged the transaction.

Founded in 1964, BI-LO is a privately held company based in Mauldin, SC. The company operates 215 supermarkets in South Carolina, North Carolina, Georgia and Tennessee.


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