GE Capital Aviation Services (GECAS) announced a $280 million, 10.5-year term, senior debt agreement with Aerolíneas Argentinas.
The debt is secured by four A330-200s powered by GE’s CF6 engines and three B737-800s powered by CFM56 engines. The four A330s are scheduled to fund in 2016 and the three B737-800s in 2018. GECAS’s relationship and commitment to Aerolíneas Argentinas dates back to the 1990s.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!