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Thursday, February 6, 2014

GE Capital Aviation To Lease Four New Boeing 737-800 Aircraft To MAS

GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, Thursday announced a purchase-and-leaseback transaction for four new Boeing 737-800 aircraft with Malaysia Airlines (MAS).

In a statement, GECAS said the first two aircraft were delivered in January and the remaining aircraft would be handed to MAS in March and April.

MAS, the flag carrier of Malaysia, operates a fleet of more than 100 aircraft to more than 80 destinations worldwide and is a member of the oneworld alliance.

GECAS, the US and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,620 owned and serviced aircraft with over 230 airlines.

With over 40 years of industry experience, GECAS is recognised 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.

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