GE Capital Aviation Services Signs Sale-Leaseback Agreement with Pegasus for Four Boeing 737-800s

ISTANBUL, TURKEY, April 7, 2011 – GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced the signing of a sale-leaseback agreement with Istanbul-based Pegasus Airlines for the delivery of four new Boeing 737-800 aircraft. Deliveries are all scheduled for this month.

Pegasus, a scheduled and charter operator, is the second largest airline in Turkey, serving 100 destinations in 17 countries