GE CAPITAL AVIATION SERVICES DELIVERS NEW BOEING 777F TO CHINA CARGO AIRLINES
SHANGHAI, July 22, 2011 – GE Capital Aviation Services Ltd. (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of a new Boeing 777F freighter aircraft to China Cargo Airlines. The aircraft comes from GECAS’ existing order book with Boeing.
GECAS leased another new Boeing 777F to China Cargo Airlines in late 2010. China Cargo Airlines, majority owned by China Eastern Airlines, currently operates a fleet of 18 freighters.
GECAS has more than 100 freighter aircraft in its portfolio, including 737Fs and 737QCs, 747Fs, 767Fs, 777Fs and MD-11Fs. GECAS freighter aircraft are leased to 31 different operators worldwide.
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 1,800 owned and managed aircraft with approximately 245 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 (NYSE: GE) 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. For more information, visit the company's Web site at www.ge.com. GE is Imagination at Work.