PR: Pimco & Gecas to create $3bn aviation leasing investment platform

PRESS RELEASE 
– Platform will enable PIMCO and GECAS to acquire new and young aircraft to lease
– Provides financing to help airlines upgrade their fleets at critical time for the aviation industry
NEWPORT BEACH, Calif. and SHANNON, Ireland, Oct. 19, 2020 (GLOBE NEWSWIRE) — PIMCO, one of the world’s premier fixed income investment managers, and GE Capital Aviation Services (GECAS), a world-leading lessor and business unit of GE (NYSE: GE), announce that they have reached …

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Source: The Loadstar

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