SHANNON, Ireland, April 2, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new leased Airbus A320 aircraft to Aigle Azur to expand the carrier's fleet. The aircraft comes from GECAS' existing order book with Airbus.
BEIJING, March 26, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it will lease five new Boeing 737-800 aircraft to Hainan Airlines to help expand the carrier's fleet. The aircraft, scheduled for delivery in 2015, come from GECAS' existing order book with Boeing.
Hainan Airlines is a longstanding GECAS customer and is the largest private airline in the People's Republic of China. It operates a fleet of more than 120 aircraft to more than 90 destinations.
GECAS News
business unit
tags
Prototype device testing shows that GE's RF MEMS switch can help enable increased data transfer speeds, enhanced signal quality, longer battery life, and the advanced RF designs required of LTE-Advanced devices.
Videos demonstrating GE's MEMS technology available at: http://youtu.be/DXRsHjxHWEE and http://youtu.be/_RFBheVJbMs
business unit
tags
SHANNON, Ireland, March 13, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced a purchase-and-leaseback agreement with TUI Travel for two new Boeing 787-8 Dreamliners.
The aircraft are scheduled for delivery in May and June 2014 and will become the first 787 models in the GECAS fleet.
GECAS placed an order directly with Boeing in September 2013 for 10 of the Boeing 787-10 Dreamliner models. These aircraft are scheduled for delivery beginning in 2019.
GECAS News
business unit
tags
SHANNON, Ireland, March 11, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it completed a purchase-and-leaseback transaction with Finnair for two Airbus A330-300 aircraft.
The flag carrier of Finland, Finnair is one of the oldest continually-operating airlines in the world with a fleet of nearly 60 aircraft operating to more than 70 destinations.
GECAS News
business unit
tags
CEO Jeff Immelt in Annual Letter to Shareowners: "We are transforming GE around the culture of Simplification."
GE today released its 2013 Annual Report, available at www.ge.com/annualreport. The title of the report is "Progress," also the theme of GE Chairman and CEO Jeff Immelt's letter to shareowners. "Progress is about getting better, being better, doing better; this is why GE people get up every day," Immelt writes.
business unit
tags
SÃO PAULO, March 3, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of two leased Boeing 737-800 aircraft to Aerolíneas Argentinas S.A. to expand and modernize the carrier's fleet.
The flag carrier of Argentina, Aerolíneas Argentinas operates a fleet of more than 67 aircraft to some 60 domestic and international destinations from its base in Buenos Aires.
GECAS News
business unit
tags
SÃO PAULO, February 28, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of four new leased Boeing 737-800 aircraft to VRG Linhas Aéreas S. A. to expand its fleet.
The aircraft were part of a purchase-and-leaseback transaction between the airline and GECAS. The first aircraft delivered in December 2012; two delivered in 2013; and the final delivered late last month.
business unit
tags
$1.7B buyout agreement ends exposure for GE
related to 2008 sale of Japanese consumer loan business
FAIRFIELD, Conn. -- February 26, 2014 -- GE announced today an agreement with Shinsei Bank to end GE's obligation to reimburse Shinsei Bank for refunds of interest paid in excess of the statutory interest rate by customers of the Japanese consumer finance business that General Electric Capital Corporation (GECC) sold to Shinsei in 2008.
business unit
tags
DUBLIN, Ireland, 25 February 2014 -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it has made its first equity investment in Ireland's wind power market by acquiring two wind farm construction projects that will be powered by the GE's flagship 2.85MW wind turbines. With a combined capacity of 51 megawatts, the wind farms, acquired from Element Power and now under construction, will help Ireland meet its renewable energy generation targets, produce power for thousands of homes, and reduce electricity costs for Irish consumers.