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GE aircraft leasing wing joins forces with AerCap in $30 billion deal as the marathon reshaping of GE's business goes on.
BOSTON (AP) — GE aircraft leasing wing joins forces with AerCap in $30 billion deal as...
Major U.S. indexes were moving higher Wednesday as stability in the bond trading...
A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and carve out a new chapter in one of Ireland's greatest corporate adventures. AerCap shares soared on Monday after news the company is close to acquiring GECAS to unite the leasing industry's two largest aircraft portfolios. "It creates a leasing colossus with 2,000 aircraft under one brand," said independent industry adviser Bertrand Grabowski.
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The U.S. business, known as GE Capital Aviation Services or GECAS, is one of the world’s biggest jet-leasing companies