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General Electric nears deal to combine its Aircraft-Leasing Unit with Irish lessor AerCap
BOSTON — General Electric is nearing a $30 billion-plus deal to combine its aircraft-leasing business with Ireland’s AerCap Holdings NV, according to people familiar with the matter, the latest in a string of moves by the industrial conglomerate to restructure its once-sprawling operations. (www.airlinerwatch.com) Más...Sort type: [Top] [Newest]
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If smaller airlines don't have a "rich uncle" to purchase the airplanes they need to operate and compete you will find the majors taking profitable routes, and leaving some areas unserved.