OREANDA-NEWS. GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it signed an agreement to lease two new Boeing 737 MAX aircraft to Okay Airways Company Ltd. The aircraft are scheduled for delivery in 2018 and are part of GECAS’ existing orderbook with Boeing.

Okay Airways operates a fleet of more than 30 aircraft from its base in Tianjin, providing scheduled cargo and passenger service to domestic and international destinations.

GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing.  With over 45 years of experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting.  GECAS owns or services a fleet of over 2,150 aircraft (~1,840 fixed wing/ ~310 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves over 270 customers in over 75 countries from a network of 24 offices.

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.