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It is the largest commercial airline leasing/financing company in the world by number of aircraft. Gecas is a subsidiary of GE Capital, the finance arm of the conglomerate General Electric. GE's stake in the joint venture is 50 % plus 1 share. This acquisition reportedly gives the combined unit the clout to resist pricing pressures from its two largest customers, Boeing Commercial Airplanes and Airbus. Analysts further assert that it will enable General Electric to acquire assets… GE Capital is the financial services division of General Electric. Through its two divisions, GE Capital Aviation Services and GE Energy Financial Services, it provides commercial lending and leasing, as well as a range of financial… GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft.
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