GE Capital Aviation Services Completes Purchase-and-Leaseback Deal with flydubai

GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced delivery of a new, next-generation Boeing 737-800 aircraft to flydubai following a purchase and leaseback transaction. The aircraft expands flydubai’s fleet and was part of the airline’s existing order book with Boeing.

 

flydubai currently operates a fleet of 46 aircraft to more than 95 destinations.  

 

GECAS is the U.S. and Irish commercial aircraft financing and leasing business of GE. It is the global leader in aircraft financing, offering the widest range of aircraft types from helicopters to narrow and wide body jets, and financing options including operating leases and secured debt financing. With 40+ years of industry experience, GECAS currently leases more than 1,570 aircraft to over 235 customers in 75 countries and also provides productivity solutions including spare engine leasing, aviation consulting services, and spare parts financing and management.  A unit of GE Capital, GECAS stays close to its customers with offices in 24 cities around the world. (www.GECAS.com)

 

GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com