GE Capital Aviation Services Related Content

Milestone Aviation Completes Purchase/Lease Back of Four S-92s

Milestone Aviation, a GE Capital Aviation Services company, completed the purchase and lease back of four S-92 aircraft. read more

GECAS Takes Delivery of First Boeing 737-800 Freighter

Boeing delivered the first 737-800 Converted Freighter to first customer GE Capital Aviation Services. The freighter will be operated by West Atlantic Group, based in Sweden. read more

Reuters: General Electric Considers Sale of GECAS Leasing Unit

Reuters reported General Electric is considering the future of GE Capital Aviation Services, including the divestiture of the business. read more

GECAS Celebrates 50 Years in Aviation Finance

This month marks the 50th anniversary of GE Capital Aviation Services’ first transaction. That first deal was a lease agreement for three DC9-30s to Allegheny Airlines in 1967. read more

GE Reports Q2/17 Earnings from GE Capital Verticals Up 6.7%

GE reported GE Capital Q2/17 segment earnings from GE Capital Aviation Services, Energy Financial Services and Industrial Finance was $605 million, up 6.7% from $567 million a year earlier. read more

GECAS Orders 20 737 MAX 10s, 100 A320neos at Paris Air Show

GE Capital Aviation Services ordered 20 new Boeing MAX 10 aircraft and 100 Airbus A320neo aircraft at the 52nd Paris Air Show. read more

GE’s Aviation Leasing Unit Characterized as “Fantastic Asset”

Barron’s reported, citing Barclays analyst Scott Davis, that GE Capital Aviation Services is “a fantastic asset,” noting GE’s aircraft leasing unit doesn’t get the credit it deserves. read more

GECAS Delivers 767-300ER Freighter to Star Air

GE Capital Aviation Services delivered Star Air’s first factory-built Boeing 767-300ERF. read more

GE Reports Q1 Earnings from GE Capital Verticals Up 8%

In a presentation, GE reported GE Capital Q1/17 earnings were $535 million, up 7.9% from $496 million in the same quarter in 2016. GE Capital Aviation services accounted for over 71% of total earnings. read more

Russia’s S7 Airlines Signs Lease Agreement with GECAS for 17 E170s

S7 Airlines signed an agreement with GE Capital Aviation Services to lease 17 E170 pre-owned jets just weeks after Embraer received type certificates from Russian authorities for the E170 and E175 jets. read more

Milestone Aviation Names Rosenthal President and CEO

Milestone Aviation President Daniel Rosenthal was named president and CEO, effective January 1, 2017. Rosenthal succeeds Richard Santulli, who will continue to serve Milestone in an advisory capacity. read more

Kroll Assigns Preliminary Ratings to Labrador Aviation Finance Notes

Kroll Bond Rating Agency assigned preliminary ratings to Labrador Aviation Finance notes — series A notes were rated A(sf) and series B notes were rated BBB(sf). GECAS will be servicer for the transaction. read more

GECAS in Sale/Leaseback Arrangement with Fiji Airways

Fiji Airways will take delivery of 737 MAX 8 aircraft via a 12-year sales and leaseback financing arrangement as part of a package deal with GE Capital Aviation Services, Boeing and CFM International. read more

GECAS to Sell Aircraft Portfolio to Mizuho, Mertiz Securities

The Korea Economic Daily reported that Mizuho Securities and South Korea’s Meritz Securities will establish a $900 million fund in order to acquire a portfolio of 20 aircraft from GE Capital Aviation Services. read more

GECAS’ Cargo Aircraft Group Signs Deal with Korean Air

GE Capital Aviation Services signed a purchase-and-leaseback transaction with Korean Air Lines for five new Boeing 777F freighters powered by GE90 engines. read more

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