GE Capital Aviation Services Completes Purchase and Leaseback of Airbus A330-300 with Philippine Airlines

SHANNON, Ireland, August 21, 2014 — GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced completion of a purchase-and-leaseback transaction with Philippine Airlines involving a new Airbus A330-300 aircraft.

Philippine Airlines, the flag carrier of the Philippines, operates a fleet of some 50 aircraft to more than 40 destinations.