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5 Min Read PARIS (Reuters) - A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and reunite entities torn apart in one of Ireland’s most spectacular corporate collapses three decades ago. FILE PHOTO: Aengus Kelly, CEO of AerCap, speaks during a panel discussion at the 2015 International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit in Miami Beach, Florida, June 8, 2015. REUTERS/Joe Skipper/File Photo Dublin-based AerCap has confirmed talks with GECAS to combine the leasing industry’s two l...

NEW YORK (AP) — Ireland’s AerCap Holdings confirmed that it is in talks to buy...

Irish aircraft leasing company AerCap said Tuesday it is in "ongoing" discussions with General Electric on a transaction amid the ongoing downturn in air travel during the coronavirus pandemic.

FAIRFIELD (dpa-AFX) - General Electric (GE) is nearing a deal to sell its aircraft-leasing business to Irish aircraft-leasing group AerCap for more than $30 billion, the Wall Street Journal reported

Negotiations for a tie-up follow years of speculation over the sale of GECAS and come as COVID-19 is expected to shift more of the world’s fleet into the arms of the leasing industry