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Saturday, September 3, 2016

GECAS’ Cargo Aircraft Group Signs Purchase-and-Leaseback Deal with Korean Air for Five New Boeing 777Fs

SHANNON, Ireland, September 1, 2016 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced it signed a purchase-and-leaseback transaction with Korean Air Lines Co., Ltd. for five new Boeing 777F freighters powered by GE90 engines as part of the carrier’s fleet renewal program. Deliveries of the aircraft are scheduled in late 2016 and 2017.



GECAS’ Cargo Aircraft Group Signs Purchase-and-Leaseback Deal with Korean Air for Five New Boeing 777Fs

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