GECAS Announces Orders for 39 Boeing Airplanes

22 January 2007

STAMFORD, Conn., January 22, 2007 – GE Commercial Aviation Services (GECAS) today announced it has ordered 15 Boeing 777s – a mix of seven 777-300ER (Extended Range) passenger jetliners and eight 777 Freighters – and 24 Boeing 737-800s. Deliveries of both the 777s and 737s will begin in 2008 and extend through 2010.

"Our airline customers tell us that the 777 is an ideal aircraft for their long-haul passenger and cargo needs," said Henry Hubschman, president and CEO of GECAS. "Because of this demand for future capacity expansion in the 2008-2010 timeframe, we already have customers lined up for many of these aircraft."

"We have nearly finished leasing all of the Next-Generation 737 aircraft we previously ordered in 2006, so these additional aircraft will help us meet our customers’ demand," Hubschman added.

GE Commercial Aviation Services (GECAS) is the commercial aircraft financing and leasing business of GE and part of GE Infrastructure. GECAS has a fleet of 1,450 owned aircraft it leases to more than 230 airlines in some 70 countries, and it manages nearly 300 aircraft for others. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also offers productivity solutions including spare engine leasing, spare parts financing and management and pilot training. GECAS has offices in 23 cities around the world. For more information, visit www.gecas.com.

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