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AerCap to buy GE's aircraft leasing unit in $30 billion deal

AerCap to buy GE’s aircraft leasing unit in $30 billion deal
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
March 10, 2021
By Shreyasee Raj and Conor Humphries
(Reuters) – The world’s two largest aircraft leasing companies are combining to create a new financing giant after Ireland’s AerCap finalised a deal worth more than $30 billion to buy the leasing unit of General Electric.
The two companies, which tied the knot on Wednesday after days of speculation surrounding a takeover of GE’s leasing arm GECAS, together control more than 2,000 jets, dwarfing rivals.

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AerCap to buy GE's aircraft leasing unit in $30 billion deal

AerCap to buy GE's aircraft leasing unit in $30 billion deal
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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AerCap to buy GE's aircraft leasing unit in $30 billion deal

AerCap to buy GE's aircraft leasing unit in $30 billion deal
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Dublin , Ireland , Conor-humphries , Sanjana-shivdas , Edmund-blair , Rajesh-kumar-singh , Larry-culp , Aengus-kelly , Kirsten-donovan , Jane-merriman , Tim-hepher , Boeing