Oct 07, 2011
STAMFORD, CT – GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric Company, has reached an agreement with Embraer
for the acquisition of six Embraer
190s, and options for another six aircraft. Delivery of the first aircraft is scheduled for the fourth quarter of 2012.
GECAS presently has 93 E-Jets of all models on lease with 15 airlines around the world. GECAS ordered two E-Jets at the Paris Air Show in June that are now contracted for lease to a South American carrier.
“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.”
“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.”
Since entering service in 2005, Embraer has delivered 436 E190/195 E-Jets to more than 60 airline customers.