Combination of GECAS and AerCap intended to create an industry-leading aviation lessor with a broader offering and better ability to serve customers through industry cycles.
GE, AerCap join air leasing businesses in $30 billion deal - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
GE dismantles the business that ended its dominance a decade ago kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.
Pushing GE Capital Aviation Service into a separate business puts GE closer to shedding most of the financial wing that nearly sank it during the 2008 financial crisis.