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UPDATE 1-Budget carrier Frontier Group falls 2% in Nasdaq debut

Frontier Group Holdings Inc was valued at $4 billion after its shares opened 2% below their offer price in the low-cost carrier's market debut on Thursday.

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GE to sell stake in merged entity with AerCap overtime - CEO

General Electric Co will "over time" sell its stake in a new financing giant, which will be set up following the merger of its aircraft-leasing business with Ireland's AerCap Holdings NV, the company's chief executive told Reuters.

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UK shares inch lower as stronger pound, consumer spending data weigh

London's FTSE 100 fell on Tuesday after a solid start to the week, as a stronger pound pressured exporters, while data showed a nationwide lockdown hurt consumer spending in February.

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AerCap confirms aircraft-leasing business talks with General Electric

Ireland's AerCap Holdings NV on Tuesday confirmed ongoing discussions with General Electric Co to acquire its aircraft-leasing business.

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Analysis: Air leasing mega-merger would rebuild ruined Irish empire


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 largest aircraft portfolios in Ireland’s biggest ever corporate acquisition.

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GE nears deal to combine aircraft-leasing unit with AerCap: WSJ

Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co's GECAS, discuss a deal to forge an industry titan with more than 2,000 jets, people familiar with the matter said on Monday.

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Jet leasing shake-up looms as AerCap and GE unit discuss tie-up

Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co's GECAS, discuss a deal to forge an industry titan with more than 2,000 jets, people familiar with the matter said on Monday.

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German industrial output flat in December

Germany's industrial sector avoided a contraction in December despite coronavirus lockdowns at home and abroad as strong demand from China helped export-oriented manufacturers in Europe's largest economy weather the COVID-19 pandemic.

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