AerCap confirms aircraft-leasing business talks with General Electric
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AerCap Holdings (AER) Reports Acquisition of GE Capital Aviation Services from General Electric (GE)
March 10, 2021 6:31 AM ESTAerCap Holdings N.V. (NYSE: AER), the global leader in aircraft leasing, announced today that it has entered into a definitive agreement with General Electric (NYSE: GE) under which AerCap will acquire 100% of GE Capital Aviation Services ("GECAS"), a GE business.
The combined company will be an industry leader across all areas of aviation leasing, with over 2,000 owned and managed aircraft, over 900 owned and managed engines, over 300 owned helicopters and approximately 300 customers around the world.
Aengus Kelly, Chief Executive Officer of AerCap, said, "We are... More
