EUROPE & CIS: GE Capital sells 15 aircraft to China’s CDB

GE Capital Aviation Services Ltd. (GECAS), the Irish-based aircraft leasing business of General Electric Capital Corporation announced the sale of 15 commercial aircraft valued at approximately US$830 million, leased to multiple airlines around the world to CDB Leasing Co., Ltd., a subsidiary of China Development Bank. CDB Leasing, which has to date completed delivery of […]


GE Capital Aviation Services Ltd. (GECAS), the Irish-based aircraft leasing business of General Electric Capital Corporation announced the sale of 15 commercial aircraft valued at approximately US$830 million, leased to multiple airlines around the world to CDB Leasing Co., Ltd., a subsidiary of China Development Bank.

CDB Leasing, which has to date completed delivery of 45 aircraft, said it is seeking to expand its international presence.