May 19, 2013 11:12 AM ET

Trading Companies and Distributors

Company Overview of GE Capital Aviation Services, Inc.

Company Overview

GE Capital Aviation Services, Inc. provides commercial aircraft leasing and financing services worldwide. It owns and manages aircraft. The company also provides financing solutions, such as operating leases, loans and structured finance, and asset-based financing for airlines, aircraft traders, lessors, investors, financial institutions, and manufacturers. In addition, it offers engine leasing services, which include operational and financial services, such as short-term rentals, engine exchanges, sale lease back, operating leases, and structured and long-term finance options. Further, the company distributes aircraft components, as well as provides spares distribution, supply chain managem...

Detailed Description

777 Long Ridge Road

Stamford, CT 06927

United States

Founded in 1993

Phone:

203-585-2700

Fax:

203-585-2326

www.gecas.com

Key Executives for GE Capital Aviation Services, Inc.

Chief Executive Officer and President
Age: 54
Chief Executive Officer of GE Capital and Vice Chairman of GE Capital
Age: 58
Senior Vice President of Technical Department and President of Parts Trading & Repair Operations
Senior Vice President of Portfolio Development
Senior Vice President
Compensation as of Fiscal Year 2012.

GE Capital Aviation Services, Inc. Key Developments

GE Capital Aviation Services Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2013

GE Capital Aviation Services reported unaudited earnings results for the first quarter ended March 31, 2013. Revenues were $1,379 million against $1,331 million last year. Profit was $348 million against $318 million last year.

GE Capital Aviation Services, Inc. Presents at 33rd Annual New York Airfinance Conference, Apr-22-2013 through Apr-23-2013

GE Capital Aviation Services, Inc. Presents at 33rd Annual New York Airfinance Conference, Apr-22-2013 through Apr-23-2013. Venue: Plaza Hotel, New York, United States. Presentation Date & Speakers: Apr-22-2013, Norman C.T. Liu, Chief Executive Officer and President, Trevor Ricards, Senior Vice President, Asset Management.

AerCap Settles Lawsuit with General Electric Capital Corporation and GE Capital Aviation Services, Inc

AerCap Holdings N.V. announced it has settled its lawsuit against General Electric Capital Corporation and GE Capital Aviation Services, Inc. and withdrawn with prejudice the complaint filed in New York State Court in February 2012 concerning servicing agreements relating to aircraft leases with Transbrasil S/A Lineas Areas, a now-defunct Brazilian airline. Information exchanged since the initiation of AerCap's lawsuit has satisfied AerCap that GECAS did not commit fraud and otherwise has a reasonable basis for the position that it did not breach the standard of care owed under the servicing agreements. GECAS was the servicer of aircraft owned by AerCap and leased to Transbrasil. The GECAS servicing relationship with AerCap ended in 2001.

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