EVA Airways To Lease 4 New Boeing 777-300ERs from GECAS

GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, today signed an agreement to lease four new Boeing 777-300ER aircraft to EVA Airways.

Delivery of the aircraft from GECAS’ existing order book with Boeing is scheduled for 2014.

“We have a strong and positive long-term relationship with EVA that dates back more than 10 years,” said Norman C.T. Liu, president and chief executive officer of GECAS. “We are pleased to once again help them upgrade and expand their fleet with the latest long-haul aircraft available.”

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“GECAS is a leader in providing flexible solutions for the leasing and financing of aircraft. With its global expertise, GECAS continuously offer fleet solution that meets EVA’s operational and financial needs. The conclusion of leasing four B777-300ERs reflects the unique strength of GECAS and long-term mutual respectful business relationship between EVA and GECAS. ” said KW Chang, President of EVA Airways.

GECAS currently lease 10 wide-body aircraft to EVA including six Airbus A330-200s and four Boeing 747-400SF freighters.

EVA Airways began operations in 1991 and is now one of the fastest growing airlines in Asia. With an extensive fleet of 59 aircraft, EVA operates passenger and cargo routes to 62 cities around the world.

Source: General Electric
Date: May 8, 2012