LYCOS RETRIEVER
Aircraft Financing: Business
built 632 days ago
GE Commercial Aviation Services (GECAS) is the commercial aircraft financing and leasing business of General Electric. GECAS has a fleet of 1,400 owned aircraft it leases to more than 225 airlines in some 70 countries, and it manages nearly 300 aircraft for others. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and it ... offers productivity solutions including spare engine leasing, spare parts financing and management and pilot training. GECAS has offices in 21 cities around the world. For more information, visit http://www.gecas.com .
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In a sale-leaseback, a business sells some or all of its existing aircraft to a financing company and then the financing company immediately leases the equipment back to the business. A sale-leaseback provides a business with a cash infusion and helps improve the balance sheet. Businesses that use this product typically believe that equity tied up in aircraft can be better utilized elsewhere.
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Many of Mountain Community Bank's senior managers are aviators who understand the beauty of flight and the demands of the aircraft financing market. For years, this Tennessee-based community bank has helped aircraft lovers and businesses take to the sky.
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