Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  General Electric Company    GE

GENERAL ELECTRIC COMPANY (GE)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

General Electric Company : GE Capital Aviation Services Helps Build Sriwijaya Air’s Fleet With 12 Leased Boeing 737s

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/16/2012 | 02:57pm CET

16 May 2012

GE Capital Aviation Services Helps Build Sriwijaya Air's Fleet With 12 Leased Boeing 737s

SINGAPORE, May 16, 2012 - GE Capital Aviation Services Limited (GECAS), the mercial aircraft leasing and financing unit of GE, announced it will lease 12 Boeing 737-500s to help the Indonesian carrier Sriwijaya Air upgrade its fleet.

The first aircraft went into service today, with the remaining scheduled for delivery through January 2013. The 12 aircraft, with blended winglets for improved fuel savings, are ing off long-term lease with Continental Airlines, now merged with United Airlines.

"This plex transaction with an aggressive delivery schedule is another example of how GECAS is more than just a lessor," said Antony Snelleman, senior vice president and region manager for GECAS. "We're helping Sriwijaya build its business in a country that needs more airline service."

GECAS estimates double digit growth in the Indonesian passenger market for the next two or three years.

"PT Sriwijaya is growing very fast and having a partner like GECAS that can quickly deliver aircraft to expand our business is critical," said Chandra Lie, chief executive officer of PT Sriwijaya Airlines. "Only a pany like GECAS with their expertise and experience could make this transaction such a success."

Privately-held Sriwijaya Air started service in 2003 and today flies to nearly 50 destinations in Indonesia as well as Singapore and Penang.



About GE Capital Aviation Services (GECAS)
GECAS, the U.S. and Irish mercial aircraft financing and leasing business of GE, has a fleet of over 1,725 owned and managed aircraft with over 235 airlines in over 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world. (www.GECAS.

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the pany's website at www.ge.

Please sign up to follow us on  Facebook  (GE Capital Aviation Services) and on Twitter (GECASNews).
PRESS CONTACTS
Dan Whitney
GE Capital Aviation Services
203 585 2268
203 300 8707(mobile)
[email protected]
Twitter: GECASNews

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GENERAL ELECTRIC COMPANY
01/19 GE shares stumble to worst week since financial crisis
01/19 GE shares stumble to worst week since financial crisis
01/19 GENERAL ELECTRIC : U.S. Patents Awarded to Inventors in Virginia (Jan. 19)
01/19 GENERAL ELECTRIC : U.S. Patents Awarded to Inventors in Wisconsin (Jan. 19)
01/19 INTERNATIONAL BUSINESS MACHINES : U.S. Patents Awarded to Inventors in Georgia (..
01/19 GENERAL ELECTRIC : U.S. Patents Awarded to Inventors in Maryland (Jan. 19)
01/19 GENERAL ELECTRIC : U.S. Patents Awarded to Inventors in Ohio (Jan. 19)
01/19 GENERAL ELECTRIC : The 5 Coolest Things On Earth This Week
01/19 DOW MOVERS : Ibm, nke
01/19 GENERAL ELECTRIC : Former GE Vice Chairman named government adviser
More news
News from SeekingAlpha
08:41a WALL STREET BREAKFAST : What Moved Markets This Week
08:27a STOCKS TO WATCH : Earnings Season Hits Higher Gear
01/19 General Electric And Pandora's Box
01/19 GE slides another 3%; Deutsche Bank says may need to raise equity capital
01/19 GENERAL ELECTRIC : Break It Up
Financials ($)
Sales 2017 124 B
EBIT 2017 10 882 M
Net income 2017 7 225 M
Debt 2017 68 338 M
Yield 2017 5,45%
P/E ratio 2017 22,03
P/E ratio 2018 17,19
EV / Sales 2017 1,69x
EV / Sales 2018 1,57x
Capitalization 141 B
Chart GENERAL ELECTRIC COMPANY
Duration : Period :
General Electric Company Technical Analysis Chart | GE | US3696041033 | 4-Traders
Technical analysis trends GENERAL ELECTRIC COMPANY
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 21,2 $
Spread / Average Target 31%
EPS Revisions
Managers
NameTitle
John L. Flannery Chairman & Chief Executive Officer
Daniel Janki Treasurer & Senior VP-Global Operations
Jamie S. Miller Chief Financial Officer
Jim Fowler Chief Information Officer
Victor Abate Chief Technology Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
GENERAL ELECTRIC COMPANY-0.57%141 008
3M5.41%147 818
SIEMENS5.90%128 482
HONEYWELL INTERNATIONAL3.29%120 098
ILLINOIS TOOL WORKS2.50%59 071
JARDINE MATHESON HOLDINGS LIMITED2.38%45 391