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A transaction may be announced as soon as Monday, said one of the people, who both asked not to be named discussing the matter. The deal is expected to have a value of more than $30 billion, said the Wall Street Journal, which reported the talks earlier Sunday. Between them, GE Capital Aviation Services, or Gecas, and AerCap have almost 3,000 aircraft owned, managed or on order. A combination would speed GE Chief Executive Officer Larry Culp’s push to streamline the U.S. industrial icon after an epic corporate meltdown. While terms of the potential agreement with AerCap are unclear, a sale ...

The Straits Times The deal is expected to have a value of more than $40.4 billion.PHOTO: REUTERS PublishedMar 8, 2021, 3:35 pm SGT https://str.sg/Jjib They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let's go!

Government bailouts of airlines might stall post-pandemic consolidation in the sector, the CEO of the International Air Transport Association (IATA), Alexandre de Juniac has warned. There’s an expectation amongst some airline bosses such as Ryanair’s Michael O’Leary that the Covid crisis that has bludgeoned the sector will lead to acquisition and other opportunities. Mr de Juniac told the virtual Airline Economics Growth Frontiers Dublin conference yesterday that about 50 airlines around the world have gone bust since the pandemic began last year. “Government presence in many airline ...

The Union staff The Nevada County Republican Party has announced that Greg Conlon, Republican candidate for State Treasurer of California, will visit Grass Valley on Sunday. Conlon will attend the annual Nevada County Republican Party summer barbecue at Western Gateway Park in Penn Valley. The barbecue will begin at 4 p.m. Also attending the barbecue will be Lydia Gutierrez, the Republican write-in candidate for State Superintendent of Public Instruction. Joining Conlon and Gutierrez and confirming their attendance are Congressman Doug LaMalfa, Sheriff Keith Royal and other local elected offi...