GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced the completion of a purchase-and-leaseback transaction with Philippine Airlines involving two new Airbus A321 aircraft. The two aircraft -- one delivered in August, and the other earlier this month -- will be used to expand the airline’s fleet.
Philippine Airlines, the flag carrier of the Philippines, operates a fleet of some 50 aircraft to more than 40 destinations.
Key data points: The market size in 2031 = $6.9 billion, growth forecast = 3.8% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global flight inspection market to 2031 by solution (service and system), end use (commercial airports, defense airports, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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