GE Capital Aviation Services Completes Purchase and Leaseback of Airbus A330-300 with Philippine Airlines

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August 21, 2014

SHANNON, Ireland, August 21, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced completion of a purchase-and-leaseback transaction with Philippine Airlines involving a new Airbus A330-300 aircraft.

Philippine Airlines, the flag carrier of the Philippines, operates a fleet of some 50 aircraft to more than 40 destinations.

Notes to Editors

Contact Information

GECAS News

Name
GECAS News
Job Title
GE Capital Aviation Services
Division
GECAS Communications
Phone
203-585-2268
Fax
Mobile
Email
gecasnews@ge.com

About GE Capital Aviation Services (GECAS)

GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,600 owned and serviced aircraft with over 230 airlines. With 40+ years of industry experience, GECAS is recognized as the pre-eminent airline leasing company in the world, offering a wide range of aircraft types and financing options, including operating leases and secured debt financing. GECAS also provides an ever expanding array of productivity solutions including spare engine leasing, aviation consulting services, and spare parts financing and management. GECAS, a unit of GE Capital, has offices in 23 cities around the world, and services customers in 75+ countries. (www.GECAS.com

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

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News Source : GE Capital Aviation Services Completes Purchase and Leaseback of Airbus A330-300 with Philippine Airlines
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