GECAS Related Content

PLAY Signs Agreement for 2 A320neo Aircraft with China Aircraft Leasing

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

SalamAir Takes Delivery of First of Two A321NX from GECAS

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

AerCap Leases, Purchases and Sells a Combination of 70 Aircraft in Q1/21

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

GECAS Cargo Agrees to Lease Three 777-300ERSF Aircraft to Kalitta Air

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

PIMCO and GECAS Create $3B Aviation Leasing Investment Platform

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

GECAS Cargo to Deliver First Dedicated Air Freighters for S7 Airlines

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

GECAS Cargo Tops Up Orderbook with More 737-800BCF Narrowbody Freighters

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

GECAS Delivers Second of Four A320neos to Colorful Guizhou Airlines

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

GECAS Delivers Prototype for 777-300ERSF Passenger-to-Freighter Conversion

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

GECAS Taps Bordeaux as for Newly Created Chief Investment Officer Role

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

GECAS Appoints Nel as New Commercial Lead

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

Sheedy Named CEO of GECAS’ Milestone Aviation Group

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

Apollo and Athene Close Acquisition of GE Capital’s PK AirFinance

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

GECAS Sells Portfolio of 20 Boeing & Airbus Aircraft to START III

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

GECAS Places Orders for 32 Airbus Aircraft

GECAS entered into an agreement to purchase 20 A321XLR and 12 A330-900 aircraft from Airbus, with all 32 aircraft slated for delivery prior to the end of 2026. read more

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