Bright future on the horizon with GECAS

With a 50-year legacy, GE Capital Aviation Services continues to look ahead

Sean Flannery, general manager, GECAS

GE Capital Aviation Services (GECAS), General Electric’s commercial aircraft financing and leasing business, has roots dating back to GECC Leasing Corporation’s first aviation lease in 1967, when fewer than one per cent of aircraft were leased.

GE Credit (today known as GE Capital) purchased the Polaris Aircraft Leasing Corporation in 1986 and, in 1993, acquired a stake in GPA, the Irish aviation lessor founded by Tony Ryan. The following year, GECAS was formed ...