During 2021, AerCap raised long-term funding of approximately $30.5 billion, including $24 billion in Q4/21 to finance its acquisition of GECAS. AerCap also signed 311 lease agreements, completed 65 purchases and executed 62 sale transactions during the year. read more

JAN 18, 2022 - 6:40 am

Icelandic airline PLAY signed an agreement with China Aircraft Leasing for two new A320neo aircraft. read more

NOV 18, 2021 - 6:34 am

GECAS delivered the first of two A321NX aircraft to SalamAir with the arrival of one, MSN 10483, into Muscat, Oman from Hamburg. As announced in late 2019, GECAS is providing the two aircraft from its own skyline. read more

SEP 10, 2021 - 6:00 am

AerCap signed lease agreements for 60 aircraft, including 28 widebody aircraft and 32 narrowbody aircraft, during Q1/21. In addition, AerCap purchased one Embraer E2 and executed sale transactions for nine aircraft. read more

APR 8, 2021 - 6:38 am

GECAS Cargo entered an agreement with Kalitta Air for three 777-300ERSF aircraft. With this agreement, Kalitta will be the first operator of the new passenger-to-freighter type, adding to its all-cargo fleet when the aircraft are delivered in 2023. read more

NOV 3, 2020 - 6:35 am

PIMCO, a fixed income investment manager, and GE Capital Aviation Services reached a preliminary agreement to develop an aviation leasing platform to support up to $3 billion in aircraft asset financings. read more

OCT 20, 2020 - 7:17 am

GECAS entered an agreement with S7 Airlines for two 737-800 Boeing Converted Freighter aircraft. S7 Cargo, general agent for cargo operations sales of S7 Group, will manage freight services. read more

AUG 14, 2020 - 7:08 am

GECAS signed an agreement with Boeing to convert 11 737-800 Boeing Converted Freighter options to firm orders and adding nine additional options to the GECAS Cargo order book. This agreement brings GECAS’ total orderbook for the type to 74. read more

AUG 13, 2020 - 6:55 am

GECAS delivered an A320neo aircraft to Colorful Guizhou Airlines in Tianjin, China, marking the second A320neo aircraft delivered to the airline from the lessors’ order book. read more

AUG 3, 2020 - 6:51 am

GE Capital Aviation Services delivered 777-300ER MSN 32789 to Israel Aerospace Industries for the prototype passenger-to-freighter conversion for the “Big Twin” program. read more

JUN 5, 2020 - 6:40 am

GECAS appointed John Bordeaux as chief investment officer, a newly created role, which he will take up in April 2020. read more

MAR 12, 2020 - 7:00 am

Jonty Nel has been appointed as GECAS’ EVP Commercial – International. He will assume the role in April 2020. read more

FEB 27, 2020 - 6:40 am

Pat Sheedy, a veteran aviation finance professional, has been named CEO of Milestone Aviation Group, a GECAS company specializing in helicopter leasing. read more

JAN 6, 2020 - 7:00 am

Apollo Global Management, Athene Holding and GE Capital closed the transaction for Apollo and Athene to purchase PK AirFinance from GECAS. read more

DEC 13, 2019 - 6:35 am

GECAS and Sculptor Capital Management closed STARR 2019-2. Under the terms of the transaction, GECAS will sell twenty in-production Boeing and Airbus narrowbodies to START III. read more

DEC 5, 2019 - 6:10 am