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This $30 Billion Deal Could Reshape the Aviation Industry


This $30 Billion Deal Could Reshape the Aviation Industry
Lou Whiteman
The usually under-the-radar world of aircraft finance was thrust into the spotlight last week as
AerCap Holdings (NYSE: AER) announced a $30 billion deal to acquire the GECAS unit of
General Electric (NYSE: GE).
The deal would create a powerhouse financier, but it also adds billions in new debt to AerCap s balance sheet and dilutes shareholders by giving General Electric a 46% stake. Investors initially weren t sure what to make of the transaction, sending AerCap shares up more than 10% on the rumor but down more than 5% on the news.
Buying the GE Capital Aviation Services business certainly adds new risks for AerCap, but it is also a once-in-a-generation opportunity that will probably ripple through the industries including plane manufacturers and airlines. Here s a close look at the deal, and thoughts on how investors should view AerCap from here. ....

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Obesity report: Covid-19 death rates 10 times higher in countries where most adults are overweight


Obesity report: Covid-19 death rates 10 times higher in countries where most adults are overweight
CNN
3/5/2021
By Lauren Mascarenhas and Zamira Rahim, CNN
© TIM SLOAN/AFP/AFP via Getty Images
Two overweight women walk at the 61st Montgomery County Agricultural Fair on August 19, 2009 in Gaithersburg, Maryland. At USD 150 billion, the US medical system spends around twice as much treating preventable health conditions caused by obesity than it does on cancer, Health Secretary Kathleen Sebelius said. Two-thirds of US adults and one in five children are overweight or obese, putting them at greater risk of chronic illness like heart disease, cancer, stroke and diabetes, according to reports released recently at the Weight of the Nation conference. AFP PHOTO / Tim Sloan (Photo credit should read TIM SLOAN/AFP via Getty Images) ....

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Almost 90% of Covid deaths are happening in countries with high obesity rates


Obesity report: Covid-19 death rates 10 times higher in countries where most adults are overweight
CNN
3/5/2021
By Lauren Mascarenhas and Zamira Rahim, CNN
© TIM SLOAN/AFP/AFP via Getty Images
Two overweight women walk at the 61st Montgomery County Agricultural Fair on August 19, 2009 in Gaithersburg, Maryland. At USD 150 billion, the US medical system spends around twice as much treating preventable health conditions caused by obesity than it does on cancer, Health Secretary Kathleen Sebelius said. Two-thirds of US adults and one in five children are overweight or obese, putting them at greater risk of chronic illness like heart disease, cancer, stroke and diabetes, according to reports released recently at the Weight of the Nation conference. AFP PHOTO / Tim Sloan (Photo credit should read TIM SLOAN/AFP via Getty Images) ....

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