Unitedairlines From United States of America, joined Oct 2010, 0 posts, RR: 0 Posted (12 years 9 months 3 weeks 6 days 1 hour ago) and read 1788 times:
An airline to transport workers of GE around? I see they have placed a lot of orders for aircraft. Are they that big?
Globetrotter From United States of America, joined Feb 2000, 174 posts, RR: 0 Reply 1, posted (12 years 9 months 3 weeks 6 days 1 hour ago) and read 1340 times:
GE Capital is a leasing company. They buy planes to lease back to various commercial airlines. Hope that helps. I'm sure someone else can/will expound. . .
Mikeymike From United States of America, joined May 2000, 406 posts, RR: 2 Reply 5, posted (12 years 9 months 3 weeks 5 days 6 hours ago) and read 1061 times:
Jet Setter From , joined Dec 1969, posts, RR: Reply 6, posted (12 years 9 months 3 weeks 5 days 3 hours ago) and read 1259 times:
They have a very good website at; http://www.gecas.com
It includes aircraft specs of the A320 and B737NG families, and virtual tours of the cabins and flightdecks of an Aeroflot B767-300, Futura B737-800 and China Eastern A320.
Acvitale From United States of America, joined Aug 2001, 921 posts, RR: 13 Reply 8, posted (12 years 9 months 3 weeks 4 days 11 hours ago) and read 1252 times:
GECAS is my employer. We are the largest aircraft leasing company in the world. We are much larger then ILFC. We own more planes then any airline. Our portfolio of aircraft valuation is in trillions of dollars.
Currenlty we lease to around 280 different airlines and companies with a portfolio that ranges from single engine piston planes to 744's. (Yes we have orders for A3XX's too)
We lease new aircraft with finance and operating leases. We also do aircraft leases on sale leaseback arrangements with operating leases. In addition to aircraft we lease engines, ground equipment, gates, and real-estate if it is aviation related. If not we have a non-aviation GE Capital division.
We also sell aircraft. Currently this year alone we have sold over 100 aircraft ranging from 727-100s to 767-300s. If you have a more specific question feel free to ask and I will try to answer.
DesertJets From United States of America, joined Feb 2000, 7673 posts, RR: 18 Reply 9, posted (12 years 9 months 3 weeks 4 days 11 hours ago) and read 1239 times:
Al,
Hypothetical question here. Say I am an airline and I need 3 767-300ERs... what are the typical timetables in getting an aircraft? Is it feasible to acquire the planes within 3-4 months? Or do these deals take longer?
Basically what I am curious about is how quickly an operator could get a plane from you guys ready to fly.
Thanks
Stop drop and roll will not save you in hell. --- seen on a church marque in rural Virginia
Acvitale From United States of America, joined Aug 2001, 921 posts, RR: 13 Reply 10, posted (12 years 9 months 3 weeks 4 days ago) and read 1008 times:
The 767-300ERs are available near instantly. Generally, It would take around 2-3 weeks to get you them to allow for inspections and any necessary repairs, configuring the seating to your configuration and painting the aircraft in your livery. (Assuming GE engines. With PW 4K series engines it would be a bit longer as we currently have a small shortage on those. Would depend on who had them coming off lease.)
RayChuang From United States of America, joined Jun 2000, 7695 posts, RR: 5 Reply 11, posted (12 years 9 months 3 weeks 3 days 18 hours ago) and read 991 times:
I didn't know that GECAS was bigger than ILFC!
Actually, I believe that many of Europe's airlines fly fleets of A319/A320/A321 planes all leased from either GECAS or ILFC. Mostly because (I think) many European airlines can't afford to buy the plane for the long term and would rather get the plane on a lease. Given that CFM International engines power the majority of the A319/A320/A321 fleet and the A340's, GECAS must be able to wring out a pretty good deal on things like engine services. GECAS must be doing land office business with Inclusive Tour (IT) operators in Europe, since these companies almost by rule lease their planes.
In fact, I can almost say that when NW orders their replacement for the D10 fleet (e.g., either the 764 or A333), they might just do it through a GECAS long-term lease.
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