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Here Is Why GE Is Helping Struggling Airlines  
User currently offlineKarlB737 From United States, joined Mar 2004, 2377 posts, RR: 11
Posted (4 years 9 months 2 weeks 1 day 13 hours ago) and read 462 times:

http://biz.yahoo.com/bizwk/050128/b3919056mz011_1.html



1 replies: All unread, jump to last
 
User currently offlineLightsaber From United States, joined Jan 2005, 4947 posts, RR: 85
Reply 1, posted (4 years 9 months 2 weeks 1 day 5 hours ago) and read 277 times:
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Interesting article. I couldn't help but notice that GE's making a nice profit while reducing their exposure/risk. I'm very impressed that they have only 2 leasable airframes un-spoken for.

I'm not sure I agree with the articles tone; GE is in the business to make money. The article trys to portray them as disrupting the airline business by propping up "weak links." But in reality, they're getting so much collateral, I don't see how GE will not profit... But that's just an opinion.  Big thumbs up


Need to throw a party every six months to organize the place.
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