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Latest GE Commercial Aviation Services Stories

2011-08-04 06:57:00

SEATTLE, Aug. 4, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric (NYSE: GE), have finalized a firm order for two 747-8 Freighters and eight 777-300ERs (extended range) airplanes. The order marks the completion of an agreement originally announced during the Paris Air Show in June. At list prices, the order is valued at $2.9 billion. "We are pleased to finalize this contract for two...

2011-07-21 11:07:00

SEATTLE, July 21, 2011 /PRNewswire/ -- Boeing (NYSE: BA) reached a major milestone with GE Capital Aviation Services (GECAS) yesterday by delivering the leasing company's 400th airplane, a Next-Generation 737-800. GECAS leasing customer Xiamen Airlines will operate the milestone airplane. "We are proud to take delivery of our 400th Boeing airplane," said Norman C.T. Liu, President and CEO of GECAS. "Boeing is a key business partner providing us with advanced, efficient and reliable...

2011-07-14 07:56:00

AMSTERDAM, July 14, 2011 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap," "the Company", NYSE: AER) today announced the completion of the following transactions during the second quarter 2011: Signed new lease agreements for 16 aircraft, Delivered seven aircraft and eleven engines under lease agreements, Purchased two aircraft and eight engines, Sold two aircraft and five engines, signed contracts for the sale of another four aircraft from our owned portfolio and four aircraft from our...

2011-06-30 14:51:00

AMSTERDAM, June 30, 2011 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap", NYSE: AER) today announced that it has acquired the right to provide lease and aircraft related services to the portfolio of aircraft it acquired following its amalgamation with Genesis Lease Limited in 2010. AerCap, through its Irish subsidiary, AerCap Ireland Limited, has replaced GE Capital Aviation Services Limited ("GECAS") as servicer to the aircraft portfolio. AerCap's CFO Keith Helming commented: "We are...

2011-06-21 06:41:00

LE BOURGET, France, June 21, 2011 /PRNewswire/ -- Boeing (NYSE: BA) announced an agreement today at the Paris Air Show that GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric (NYSE: GE), will purchase two 747-8 Freighters and eight 777-300ERs (extended range). The 747-8 Freighter is a new model for the GECAS portfolio of airplanes. Boeing looks forward to finalizing the details of the agreement, at which time the order will be...

2011-06-17 07:28:00

SEATTLE, June 17, 2011 /PRNewswire/ -- Boeing (NYSE: BA) delivered to GE Capital Aviation Services (GECAS) its 275th Next-Generation 737 yesterday. GECAS leasing customer, China United Airlines, will operate the milestone airplane, a Next-Generation 737-800. "Taking delivery of our 275th Next-Generation 737 speaks to the success of the airplane and the value it brings to the market," said Norman C.T. Liu, president and CEO of GECAS. "Over the years, GECAS has successfully leased many...

2011-03-30 10:28:00

SEATTLE, March 30, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and GE Capital Aviation Services (GECAS) finalized an order for 10 777-300ER (extended range) airplanes. The order is worth approximately $2.8 billion at list prices. The new 777-300ERs will help GECAS meet growing airline demand for long-haul passenger airplanes. "This order adds to our existing portfolio of 777 aircraft," said Norman C. T. Liu, GECAS president and CEO. "A key part of our strategy is to expand our long-haul...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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