MEXICO CITY, February 7, 2013 – GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it has signed a purchase-and-leaseback transaction with Volaris for seven new Airbus A320 aircraft.
The aircraft come from the airline’s existing orderbook with Airbus and will be delivered in 2013 and 2014.
Volaris, Mexico’s second-largest carrier and largest low-cost operator, flies to more than 38 destinations in Mexico and the United States. It currently operates a fleet of 41 Airbus aircraft.
About GE Capital Aviation Services (GECAS)
GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of approximately 1,600 owned and serviced aircraft with over 230 airlines. With 40+ years of industry experience, GECAS is recognized as the pre-eminent airline leasing company in the world, offering a wide range of aircraft types and financing options, including operating leases and secured debt financing. GECAS also provides an ever expanding array of productivity solutions including spare engine leasing, aviation consulting services, and spare parts financing and management. GECAS, a unit of GE Capital, has offices in 23 cities around the world, and services customers in 75+ countries. (www.GECAS.com)
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