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Press Release

The ISTAT Foundation Establishes Norman C.T. Liu Asia Scholarship Fund

March 01, 2016

PHOENIX, AZ - March 1, 2016 - The ISTAT Foundation announced the establishment of the Norman C.T. Liu Asia Scholarship Fund at the ISTAT Americas event today in Phoenix. The fund will provide significant financial support to Asian students at universities located in Asia who have an interest in aviation and are studying business, engineering, finance, aviation management or related aviation subjects.

Norman C.T. Liu is currently located in Singapore and is Chairman of GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE. With nearly $50 billion in assets and a portfolio of over 2,100 fixed wing and rotary wing aircraft, GECAS is the world’s leading commercial aviation financing company. Liu is a 30-year GE veteran with over 20 years with GECAS. He served as GECAS President & CEO the last 7 years. He graduated from Yale in 1979 and from Harvard Business School in 1982.

“I was privileged to have worked in global aviation for several decades and Asia has been a major driver of growth,” Liu said. “I hope this fund will enable many Asian students to pursue career paths in our critical industrial sector.”

“Norm is well known for expanding GECAS dramatically into the emerging markets. We appreciate his generous gift to The ISTAT Foundation and hope it will attract further student interest in Asia to our rapidly growing industry,” said Damon D'Agostino, Chairman of the ISTAT Foundation.

Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707


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