#GeneralElectric

10 March.New York, NY, USA
General Electric and AerCap are two of the biggest players in the aircraft leasing business. (Photo Credit: Representative Image/Unsplash)

  • General Electric announced merger of its aircraft leasing unit with AerCap
  • GE will have 46% stake and $24 billion in cash in the merged holding
  • It is a $30 billion tie-up