OREANDA-NEWS. GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of three new leased Airbus A320 aircraft to new customer Qingdao Airlines Co., Ltd. to expand the start-up carrier’s fleet.The aircraft are part of GECAS’ existing order book with Airbus.

Qingdao Airlines started domestic operations in 2014 and currently operates a fleet of six aircraft.

About GE Capital Aviation Services (GECAS)

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 80 countries from a network of 26 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.