GE Capital Aviation Services Delivers Two Additional Boeing 737-800s to Pegasus
DUBAI, U.A.E., July 14, 2011 – GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of two new Boeing 737-800 aircraft leased to Pegasus Airlines under a purchase-and-leaseback transaction.
The aircraft were delivered to Pegasus in May and June and supplement the four new B737-800 aircraft GECAS purchased and leased back to the airline in April.
Low-cost carrier Pegasus is the second largest airline in Turkey serving nearly 50 domestic and international destinations.
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 25 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.