In a move that could be pivotal for the industry, lessor AerCap announced that they completed the acquisition of GE Capital Services (GECAS). There are some topics that really struggle to generate excitement, and aircraft leasing tends to be one of them. But with...
Last week, IAI in Israel began the structural modification phase of the 777-300ERSF conversion program, in partnership with lessor GECAS. In 2019, IAI and GECAS signed an agreement to launch the 777-300ERSF program. The value of the agreement was $400 million, and...
AerCap and GECAS are already the biggest aircraft lessors in the world, and the sale of one to the other, could now have the OK from the EU. Put together, the two companies presently have over 2060 aircraft. The next biggest lessor (Avolon) has just under 600...
Before its prototype Boeing 777-300ERSF freighter is ready, IAI is already increasing production capacity for its freighter conversion. IAI in Israel has been very active in freighter conversion programmes, and the Boeing 777 is their latest project. They have similar...
The GECAS-IAI partnership to create the 777-300ER freighter conversion has reached the modification stage. The project has important implications about the freighter AND passenger widebody fleets, worldwide. The planning phase of the programme to create the...
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