NewswireToday - /newswire/ -
Hong Kong, Hong Kong, 2011/11/15 - GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of a new Airbus A320 aircraft to a new low-cost carrier in Japan, Peach Aviation (NYSE: GE). NYSE: GE
The aircraft comes from GECAS’ existing order book with Airbus and is the first aircraft in the start-up airline’s fleet. It is the first of 10 A320s Peach is leasing from GECAS.
Peach Aviation was established by All Nippon Airways (ANA), First Eastern Investment Group (First Eastern) in Hong Kong and Innovation Network Corporation of Japan. The Osaka-based company will start operations from Kansai airport in March 2012, first on domestic routes, and then internationally across Asia.
About GE Capital Aviation Services (GECAS)
GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,750 owned and managed aircraft with approximately 240 airlines in 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world.
GE (ge.com) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. GE is Imagination at Work.
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