HomeBusinessWith GECAS Shannon side is the global hub for aviation finance today

With GECAS Shannon side is the global hub for aviation finance today

-

GECAS Shannon
Alec Burger, president and CEO of GE Capital Aviation Services (GECAS), the commercial aviation leasing and financing unit of GE
Photograph: Liam Burke/ Press 22

IRELANDโ€™s Mid West has been a pioneering centre of aircraft leasing since the early 1970s. Today, Ireland has attracted eight of the worldโ€™s top ten lessors. GE Capital Aviation Services, a world leader in aviation leasing, was formed in 1993 when GE Capital combined its Commercial Aircraft Group with Guinness Peat Aviationโ€™s fleet and many of the GPA employees.

Ever since, GE Capital Aviation Services has continued to be headquartered in Shannon. As some of GPAโ€™s employees are still with GECAS, the team exhibits the deepest domain expertise, which has grown and developed over decades.

GECAS serves 260+ clients in over 75 countries from a network of 26 offices. Nearly 250, or half of core business employees, are based in Ireland, a recognised, established hub for aircraft leasing with a strong pool of highly skilled, well educated talent.

Fostering this tradition, GECAS proudly supports the University of Limerick Undergraduate co-op programme as well as UCDโ€™s Masters in Aviation Finance programme.

With a 50 year legacy of aviation finance experience, the largest fleet and the widest range of aircraft types and financing solutions, GECAS takes pride to have its global headquarters in Mid-West Ireland.

You can read more of our Mid-West industry special here.

- Advertisment -

Must Read