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
Following its acquisition of GE Capital Aviation Services, AerCap signed a 20-year joint venture agreement with Safran Aircraft Engines regarding Shannon Engine Support, a provider of spare engines for CFM International, which is now a 50/50 joint company between AerCap and Safran. read more
NOV 3, 2021 - 8:32 am
AerCap completed its acquisition of GE Capital Aviation Services from General Electric. The combined company will serve approximately 300 customers around the world. read more
NOV 1, 2021 - 6:40 am
Shareholders of AerCap approved the previously announced acquisition of GE Capital Aviation Services at the company’s annual general meeting of shareholders. read more
MAY 12, 2021 - 6:12 am
GE Capital Aviation Services and the ventures it services agreed a to purchase/leaseback arrangement for 14 LEAP-powered Airbus neo aircraft with IndiGo. The seven A320neo and seven A321neo are scheduled to deliver between Q4/21 and the middle of 2022. read more
APR 23, 2021 - 7:25 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
GE entered an agreement to combine its GE Capital Aviation Services business with AerCap. Under the terms of the transaction agreement, which was approved by the boards of directors of both companies, GE will receive consideration valued at more than $30 billion. read more
MAR 10, 2021 - 6:59 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
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
Apollo Global Management and Athene Holding entered into a definitive agreement with GE Capital for Apollo and Athene to purchase aviation lending business PK AirFinance from GECAS. read more
AUG 30, 2019 - 6:45 am
GECAS delivered the first of four A320neo headed to Yunnan Hongtu Airlines (Hongtu Airlines). The delivery marks the first LEAP-powered A320neo to enter service with Hongtu. read more
AUG 9, 2019 - 6:25 am
Online retail giant Amazon entered into a partnership with aircraft lessor GE Capital Aviation Services to lease an additional 15 Boeing 737-800 cargo aircraft. read more
JUN 20, 2019 - 6:42 am
Denver-based Frontier Airlines has taken delivery of its 11th A320neo aircraft from GE Capital Aviation Services. read more
DEC 26, 2018 - 6:25 am
Expres cargo carrier Atran Airlines and GE Capital Aviation Services signed a lease agreement for two 737-800 freighters. read more
OCT 11, 2018 - 6:55 am
Helicopter Leasing company Milestone Aviation hired Jeremy Akel as EVP, Commercial. Milestone also promoted Lauren Norelli to chief operating officer. read more
JUN 14, 2018 - 7:06 am