GECAS' strategy to rightsize its cradle-to-grave leasing model
Established in 1993, GECAS sits at the heart of the global aircraft leasing universe. Its longevity, scale and reach, with a fleet of ~1,450 aircraft, have seen GECAS grow into a key player in the wider aviation industry. In contrast to more focussed leasing platforms (often backed by private equity or Chinese financial institutions/conglomerates) that have been established over the past five years GECAS operates a model which covers a wide arc of the commercial aviation leasing sector. Sean Flannery, EVP Technical and General Manager for GECAS sat down with Aviation Finance editors Joe Gill and Ken O'Brien late last month to talk about the global lessor's 'cradle to grave' business model, the current state of the aircraft leasing market, new technology aircraft and its plans to scale its business.