GE Capital Aviation Orders Six EMBRAER E190’s

GE Capital Aviation Orders Six EMBRAER E190's GE Capital Aviation Services (or, GECAS) announced today that they have placed an order with Embraer for six of their E190 aircraft.

GECAS already has 93 E-Jets of all different kinds on lease, this will only further their standing fleet.  GECAS currently does business with 15 different airlines around the world.  One of their recent aircraft acquisitions include two E-Jets ordered at the Paris Air Show in June.

GECAS had the following to say about today’s six-aircraft order, “Our customers’ fleet needs continually change and it is important that we have a complete range of preferred aircraft to meet their evolving requirements,” said Norm Liu, GECAS President and CEO.

“We continue to see strong demand for Embraer’s E-Jets as carriers of all types from around the world expand their point-to-point services. This order allows GECAS to help these carriers add to their fleets with the operational and financial flexibility of leasing. We have built a large base in the regional sector and we will continue to grow with these customers.”

Embraer had the following to say regarding CECAS’s order, “It’s very gratifying for us to see GECAS further increasing their E-Jets portfolio,” said Paulo Cesar de Souza e Silva, President, Embraer Commercial Aviation. “GECAS is a long-standing Embraer customer and partner, and has been playing an important role for the E-Jets customer base expansion through its extensive global network.”

Embraer E190’s are near the top of their model-line.  The full line includes: EMBRAER 170, EMBRAER 175, EMBRAER 190, and EMBRAER 195.

The first E190 is set to be delivered should happen no later than the fourth quarter of 2012 according to GECAS.



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