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Aircraft leasing: GECAS ready to launch 700-million-dollar IPO

Hong Kong, China - The operation is expected to take place in the second quarter

General Electric Capital Aviation Services (GECAS), one of the world's main aircraft leasing companies, is reportedly ready to launch an Initial Public Offering (IPO) to raise about 700 million dollars (507.5 million Euros) in Hong Kong, according to reports from "IFR Asia", which cites sources with knowledge of the matter. The IPO, which should be managed by Citigroup, might take place already...

AVIONEWS - World Aeronautical Press Agency - 1159418

AVIONEWS - World Aeronautical Press Agency