GE Capital Aviation Services Delivers First of up to Seven Leased Airbus A330s to Lufthansa

SHANNON, Ireland – October 27, 2015 – GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it delivered a leased Airbus A330-200 aircraft to Deutsche Lufthansa A.G.

The aircraft is the first of up to seven leased A330-200s scheduled for delivery to Lufthansa through 2017 as part of the carrier’s fleet expansion.  The remaining aircraft are currently leased by GECAS to other airline customers around the world. As those lease terms expire, the GECAS and Lufthansa technical teams will manage the cabin renovations and redelivery of each aircraft to Lufthansa.

About GE Capital Aviation Services (GECAS)

GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing.  With over 45 years of experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting.  GECAS owns or services a fleet of over 2,150 aircraft (~1,840 fixed wing/ ~310 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves over 270 customers in over 75 countries from a network of 24 offices. www.gecas.com

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com